Fast Money Picks For Februray 9th (IPI, MSG, IAU, DAI, FTO, CVI, WNR)

CNBC Fast Money's Brian Kelly said on the show that he wants to go long on gold. He recommended a long position in iShares Gold Trust(ETF) IAU as the best way to make this trade. iShares Gold Trust(ETF) (IAU) gained 1.08% today, and it closed at $13.34. Tim Seymour believes that Madison Square Garden, Inc. MSG should be bought, and Karen Finerman is still bullish on the auto industry. She is a buyer of Daimler AG DAI. Madison Square Garden, Inc. (MSG) gained 1.56% today, and Daimler AG (DAI) added 3.10%. Stephen Weiss is bullish on fertilizers, and he wants to buy Intrepid Potash, Inc. IPI on Wednesday. Intrepid Potash, Inc. (IPI) jumped 1.88% today, and it closed at $37.90. Joe Terranova thinks that the refiners could go higher, but he advised investors to raise their stops. He didn't say on the show which companies he likes, but before the show he named Frontier Oil Corporation FTO, CVR Energy, Inc. CVI and Western Refining, Inc. WNR as his picks in the space.
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Posted In: CNBCLong IdeasFast MoneyMediaTrading IdeasAutomobile ManufacturersBrian KellyConsumer DiscretionaryEnergyFertilizers & Agricultural ChemicalsJoe TerranovaKaren FinermanMaterialsOil & Gas Refining & MarketingStephen WeissTim Seymour
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