Fast Money Picks For July 21st (MO, COV, CRUS, ELX)

On CNBC's Fast Money, Steve Grasso said that he wants to buy Altria Group, Inc. MO on Wednesday. He is still worried about the market, and Altria Group, Inc. (MO) is a great defensive name. Altria Group, Inc. (MO) added 0.65% today. Covidien plc COV is Karen Finerman's pick. She likes this stock because she sees a demand for medical products. Covidien (COV) gained 1.73% today. Pete Najarian believes that Cirrus Logic, Inc. CRUS is going to earn a lot of money from Apple AAPL and he wants to buy the stock. Cirrus Logic, Inc. (CRUS) gained 3.77% on Tuesday. Brian Kelly is bullish on Emulex Corporation ELX, which is a provider of a storage networking infrastructure solutions. He explained that you have to buy what big corporations need. Emulex (ELX) gained 1.78% today. Joe Terranova sees 1,055 level in the S&P 500 as a new support.