Web Extra: Your First Move for Wednesday June 6th
By: We ran out of time on TV but we didn't forget. Following are the Fast Money Final Traders. The gang gives you tomorrow's best trades, right now!
Steve Grasso suggests long Altria. “Even in a bad tape, the stock sticks right around where it is and has a 5% yield."
Brian Kelly recommends longAT&T. “It, too, is a dividend paying stock that's held up well in the downturn.”
Karen Finerman prefers short JC Penney. “The more I think about it the more I think the new pricing strategy just isn’t working.”
Joe Terranova thinks Volcano is a buy. And as his Fast Money Trade of the Day Terranova recommends longMcDonald’s . “It has a great dividend, and their costs are coming down.”
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NEW SLIDESHOW: Learning from the Legends: Simple Strategies Behind Supersized Successes
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Trader disclosure: On June 5, 2012 , the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Joe Terranova is long VRTS; Joe Terranova is long MCD; Joe Terranova is long PNC; Joe Terranova is long USB; Joe Terranova is long TCBI; Joe Terranova is long SBUX; Joe Terranova is long WMB; Joe Terranova is long SJM; Joe Terranova is long UPL; Joe Terranova is long WFM; Joe Terranova is long IBM; Joe Terranova is long CNX; Joe Terranova is long HYG; Joe Terranova is long AAPL; Joe Terranova is long EMC; Joe Terranova is long NXPI; Joe Terranova is long LPX; Joe Terranova is long SNDK; Joe Terranova is short JUNE MINI S&P FUTURES; Karen Finerman is long AAPL; Karen Finerman is long BAC; Karen Finerman is long JPM; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long RIMM; Karen Finerman is short SPY; Karen Finerman is short IWM; Karen Finerman is short MDY; Steve Grasso is long ASTM; Steve Grasso is long BA; Steve Grasso is long D; Steve Grasso is long FRO; Steve Grasso is long LNG; Steve Grasso is long MHY; Steve Grasso is long MO; Steve Grasso is long PFE; Steve Grasso is long S; Steve Grasso is long XLU; Steve Grasso is long ZAZA
For Brian Kelly
Nothing to disclose
CNBC.com with wires
