Fast Money Picks For August 24th (GLD, BAC, BHP, CMP, OXY)

On CNBC's Fast Money, Brian Kelly said that he is a buyer of SPDR Gold Trust (ETF) GLD, because he expects to see inflation in U.S.. SPDR Gold Trust (ETF) GLD fell 0.16% today. Tim Seymour recommended investors to follow Bank of America's BAC CEO, and buy Bank of America (BAC) shares. Brian Moynihan, BofA's (BAC) CEO, bought 30,000 shares at $13. Bank of America (BAC) closed flat at $12.87. Steve Cortes likes BHP Billiton Limited (ADR) BHP, and Karen Finerman is a buyer of Compass Minerals International, Inc. CMP. BHP Billiton (BHP) dropped 0.46% today, and Compass Minerals (CMP) added 1.46%. Joe Terranova said that although the energy sector is still struggling, he is a buyer of Occidental Petroleum Corporation OXY. Occidental Petroleum Corporation (OXY) added 0.68% today.
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Posted In: CNBCLong IdeasFast MoneyMediaTrading IdeasBrian KellyDiversified Metals & MiningEnergyFinancialsIntegrated Oil & GasJoe TerranovaKaren FinermanMaterialsOther Diversified Financial ServicesSteve CortesTim Seymour
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