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.
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Trader disclosure: On Oct. 6th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Terranova Owns (NOV), (MOS), (JPM); Terranova Owns Dec. Gold Futures; Terranova Owns March Sugar Futures; Terranova Owns Crude Futures; Terranova Is Short (CCL), (WYNN), (GRMN); Seymour Owns (AAPL), (STD), (EEM), (RIMM), (BAC), (MSFT), (SBUX), (VIP), (RTP); Najarian Owns (C) Calls; Najarian Owns (BRCD) Call Spread; Najarian Owns (DELL) Call Spread; Najarian Owns (GE) Calls; Najarian Owns (JPM) & Short (JPM) Calls; Najarian Owns (LAZ) & Short (LAZ) Calls & Long (LAZ) Put Spread; Najarian Owns (MSFT) And Is Short (MSFT) Calls; Najarian Owns (MYL) Calls; Najarian Owns (TEVA); Najarian Owns (ORCL) & Short (ORCL) Calls; Najarian Owns (RIMM) Call Spread; Najarian Owns (WFC) Puts; Najarian Owns (YHOO) Call Spread ; Najarian Short (AA) Calls
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