Your First Move For Friday August 24th
By: Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Josh Brown recommends longTarget. ‘It’s still working despite the pullback. As long as it’s over $60 I’d stick with it,” he says.
Stephen Weiss suggests longColony, a mortgage REIT. “It’s run by very smart people and it has a monster yield,” he says.
Karen Finerman prefers long Pacific Drilling as a bullish bet on ultra-deep water drilling.
Joe Terranova thinks Coinstar is a buy. “This is a great spot to buy it,” he says.
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Trader disclosure: On August 23, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; 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 MSFT; Karen Finerman is long GOOG; Karen Finerman is long M; Karen Finerman is short SPY; Karen Finerman is short MDY; Karen Finerman is short IWM; Josh Brown is long AAPL; Josh Brown is long JPM; Josh Brown is long WFC; Josh Brown is long GDX; Josh Brown is long GLD; Josh Brown is long XLU; Josh Brown is long XLF; Josh Brown is long WMT; Josh Brown is long TGT; Josh Brown is long SMBL; Steve Weiss is long QCOM; Steve Weiss is long UGL; Steve Weiss is short AAPL PUTS; Steve Weiss is short VALE; Joe Terranova is long VRTS; Joe Terranova is long SBUX; Joe Terranova is long WFM; Joe Terranova is long AAPL; Joe Terranova is long CSTR; Joe Terranova is long CHKP; Joe Terranova is long EMC; Joe Terranova is long NXPI; Joe Terranova is long AAPL SEPT. $640 PUTS
