Fast Money Picks For January 7th (JPM, M, PLCE, GM)

Brian Kelly said on CNBC's Fast Money that he wants to buy JPMorgan Chase & Co. JPM tomorrow. He believes that delinquencies will decline. JPMorgan (JPM) fell 0.49% today, and closed at $44.48. Anthony Scaramucci thinks that Macy's, Inc. M is a buy. Macy's, Inc. (M) fell 4.00% today, and closed at $23.97. Karen Finerman sees a buying opportunity in Children's Place Retail Stores, Inc. PLCE. Children's Place Retail Stores, Inc. (PLCE) fell 2.69% today, and closed at $45.91. Joe Terranova believes that it would be a good idea to buy General Motors Company GM tomorrow. General Motors Company (GM) jumped 2.18%, and closed at $38.90.