Fast Money Picks For March 22nd (COP, RIO, CHD, DBA)

On CNBC's Fast Money, Stephen Weiss said that he wants to buy ConocoPhillips COP on Tuesday. He explained that COP is the only energy stock that Warren Buffett has in his top 10 holdings. ConocoPhillips (COP) gained 2.92% on Monday, and it closed at $77.55. Tim Seymour recommended a long position in Rio Tinto plc (ADR) RIO, because its EV/EBITDA is 14. Rio Tinto plc (ADR) (RIO) gained 2.36% today, and closed at $66.75. Steve Cortes thinks that you should short commodities. He said that if copper is the doctor, than the doctor is out. Guy Adami thinks that a long position in Church & Dwight Co., Inc. CHD still works. Church & Dwight Co., Inc. CHD jumped 2.11%, and closed at $80.43. Brian Kelly likes PowerShares DB Agriculture Fund DBA. He explained that we will get a report on corn stocks and plantings next week, and he expects to see the stock to use ratio at its lowest levels. PowerShares DB Agriculture Fund (DBA) gained 0.7%, and closed at $33.90.
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Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasBrian KellyConsumer StaplesDiversified Metals & MiningEnergyGuy AdamiHousehold ProductsIntegrated Oil & GasMaterialsStephen WeissSteve CortesTim Seymour
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