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, Tim Seymour recommended a short position in
Tesoro CorporationTSO.
Seymour said that he opened that position in the morning session and he believes that the trade will work on Friday too, because the stock is going to $60.
Tesoro Corporation dropped 4.06 percent on Thursday and it closed at $61.95.
Brian Kelly suggested a long position in
iShares Barclays 20+ Yr Treas.Bond (ETF)
TLT as a protection.
iShares Barclays 20+ Yr Treas.Bond fell 0.44 percent on Thursday.
Dan Nathan thinks that it would be a good idea to take profits in PepsiCo, Inc.
PEP. He owns put options in the name.
PepsiCo, Inc. fell 0.39 percent and it closed at $93.57.
Guy Adami is a buyer of
Symantec CorporationSYMC on the announcement of a split in two companies. The stock dropped 2.37 percent and closed the session at 23.44.
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