Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Tim Seymour suggests longRio Tinto because “the reflation trade is not a one day trade.”
Guy Adami recommends longYum! (Scroll down to find out why)
Joe Terranova prefers longMosaic . “I think the ag names have bottomed.”.
Pete Najarian thinks McDonald’s is a buy “off of Yum! earnings
YUM PROFIT TOPS STREET
After hours, Yum Brands, parent of the Taco Bell, Pizza Hut and KFC chains, posted a quarterly profit that blew past Wall Street estimates and they raised their full-year profit forecast, sending shares up 2% in post market trade.
Yum’s strong results stem, in part, from higher operating profit generated by China and other overseas markets.
What’s the trade?
I like this stock, says Guy Adami, and it’s a great way to play China.
The 200-day moving average is $32, I’d get long and make that your stop.