Fast Money Picks For March 1st (FCX, MTL, BX, LUNFM, DO)

On CNBC's Fast Money, Brian Kelly said that there is a shortage of copper, and investors should buy Freeport-McMoRan Copper & Gold Inc. FCX on Tuesday. Freeport-McMoRan Copper & Gold Inc. (FCX) gained 0.95% on Monday. Tim Seymour recommended a long position in Mechel OAO (ADR) MTL. He believes that this stock is going to $34. Mechel OAO (ADR) (MTL) gained 2.84% today, and closed at $30.43. Guy Adami wants to buy The Blackstone Group L.P. BX on Tuesday. The Blackstone Group L.P. (BX) gained 0.23% in the regular trading session today, and it added 0.62% in the after hours. Karen Finerman thinks that Lundin Mining Corporation (USA) LUNMF is going higher. She explained that the bidding war is heating up. Lundin Mining Corporation (USA) (LUNMF) spiked 19.67%, and closed at $7.91. Joe Terranova suggested that investors should take a look at Diamond Offshore Drilling, Inc. DO tomorrow. Diamond Offshore Drilling, Inc. (DO) gained 0.81% today.