Fast Money Picks For March 16th (FCX, XOM, CBI, LUNMF, RMBS)

CNBC Fast Money's Brian Kelly said on the show that he is a buyer of Freeport-McMoRan Copper & Gold Inc. FCX. He explained that copper is performing better, and he added that FCX could also benefit from Japan's rebuilding. Freeport-McMoRan Copper & Gold Inc. (FCX) spiked 5.11% today, and closed at $51.43.

Joe Terranova thinks that Exxon Mobil Corporation XOM is a defensive name. He believes that the energy story in the Middle East is not over. Exxon Mobil Corporation (XOM) fell 1.20% today, and it closed at $81.39.

Guy Adami said that he sees a little bit of a tell in Chicago Bridge & Iron Company N.V. CBI. Chicago Bridge & Iron Company N.V. (CBI) gained 2.80% in the regular trading session, and it added 1.56% in the after hours.

Karen Finerman is a buyer of Lundin Mining Corporation (USA) LUNMF. She said that this company is in the middle of a takeover. Lundin Mining Corporation (USA) (LUNMF) fell 2.87% today, and closed at $7.10.

Jon Najarian wants to buy Rambus Inc. RMBS. He explained that it has just extended its license agreement with Toshiba. Rambus Inc. RMBS fell 2.14% in the regular trading session, and it spiked 7.88% in the after hours.