Fast Money Picks For June 23rd (FCX, EEM, SJM, TER)

CNBC Fast Money's Brian Kelly said on the show that he wants to buy Freeport-McMoRan Copper & Gold Inc. FCX on Thursday. Freeport-McMoRan Copper & Gold Inc. (FCX) lost 0.77% today, and it closed at $48.86. If you believe that the emerging markets will benefit from lower inflation, you should buy iShares MSCI Emerging Markets Index (ETF) EEM, said Tim Seymour. He thinks that EEM is going to move 10% higher. iShares MSCI Emerging Markets Index (ETF) (EEM) fell 1.00% today, and it closed at $45.64. Guy Adami is watching The J.M. Smucker Company SJM. He is a buyer of this stock. The J.M. Smucker Company (SJM) fell 1.01% today, and it closed at $77.64. Karen Finerman suggested that investors should buy protection, if volatility drops below 17.5. Joe Terranova thinks that you should buy Teradyne, Inc. TER, and scaling into position over the next four weeks would be the best way to do it. Teradyne, Inc. (TER) gained 0.21%, and closed at $14.18.