Fast Money Picks For August 11th (SLV, MTL, BAX, PM, AKAM)

On CNBC's Fast Money, Brian Kelly said that Fed sacrificed the dollar, and that makes him bullish on iShares Silver Trust (ETF) SLV. iShares Silver Trust (ETF) (SLV) gained 0.11% today, and closed at $17.98. Tim Seymour thinks that steel prices are going higher, and wants to buy Mechel OAO (ADR) MTL tomorrow. Mechel OAO (ADR) (MTL) fell 3.14% today, and closed at $22.79. Joe Terranova believes that Baxter International Inc. BAX is a buy. Baxter International Inc. (BAX) jumped 2.14% today. Karen Finerman thinks that investors should start to sell Philip Morris International Inc. PM. Philip Morris International (PM) added 0.82% today. Pete Najarian said that insiders were buying Akamai Technologies, Inc. AKAM, and if insiders want to go long, he wants to go long too. Akamai Technologies, Inc. AKAM gained 4.86% today.
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Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasBrian KellyConsumer StaplesHealth CareHealth Care EquipmentInformation TechnologyInternet Software & ServicesJoe TerranovaKaren FinermanMaterialsPete NajarianSteelTim SeymourTobacco
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