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Pros Pick Back-From-the-Brink Stocks

Among companies that have seen a turnaround in their share price, CNBC's "Fast Money" pros picked their favorites.

StockMonster's Guy Adami picked Netflix, even as it faced new competition from Coinstar's Redbox.

"This is a stock that oversells on the downside and overshoots on the upside, and I believe technically we're on the brink of that," he said. "So you overlay that with this Disney deal and the Morgan Stanley upgrade yesterday, and I think Netflix is going to surprise a lot of people on the upside."


While Netflix continued to face challenges, its shares could top $100 per share, Adami said.

Tim Seymour of EmergingMoney.com said that the financial sector had the most room to run.

His top pick: Bank of America.

Seymour said that the company showed an improved balance sheet and noted that its shares trades at 0.8 time tangible book value.

Noting resistance at $10.60, he said that breaking that could see the stock head to $12.50.

Trader disclosure: On Dec. 13, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Tim Seymour is long INTC; Tim Seymour is long YHOO; Tim Seymour is long WMT; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUE; Guy Adami is long BTU; Anthony Scaramucci is long AAPL; Anthony Scaramucci is long GS; Anthony Scaramucci is long SBUX; Anthony Scaramucci is long MSFT; Anthony Scaramucci is long GOOG; Steve Grasso is long AET; Steve Grasso is long ASTM; Steve Grasso is long AUO; Steve Grasso is long BA; Steve Grasso is long F; Steve Grasso is long GDX; Steve Grasso is long GOOG; Steve Grasso is long LF; Steve Grasso is long LNG; Steve Grasso is long MHY; Steve Grasso is long P; Steve Grasso is long PXD; Steve Grasso is long NVIV; Steve Grasso is long PFE; Steve Grasso is long S; Steve Grasso is long WYNN; Steve Grasso is funds long MSFT; Steve Grasso is funds long SLB; Steve Grasso is funds long HPQ; Steve Grasso is funds long ZNGA; Steve Grasso is funds long DELL.

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