Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Tim Seymour, founder of EmergingMoney.com, recommends long Brazil based Embraer, in part as a play on Brazil’s growing defense budget.
Stephen Weiss, managing partner at Short Hills Capital, suggests long Qualcomm, as a derivative play on Apple and also for fundamentals. "They’re picking up market share,” he says.
Karen Finerman, president of Metropolitan Capital, is a seller of Children’s Place. “I like it but valuations are getting a little too rich,” she says.
Joe Terranova, chief market strategist for Virtus, thinks Checkpoint Systems is a buy. “I truly believe this is a target for M&A,” he says.
Click here to see other Final Trade posts.
______________________________________________________
Got something to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to .
Trader disclosure: On August 16, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Steve Weiss is long VZ; Steve Weiss is long T; Steve Weiss is long VOD; Steve Weiss is long TCK; Steve Weiss is long HK; Steve Weiss is long QCOM; Steve Weiss is long MSFT; Steve Weiss is long AAPL; Steve Weiss is long WLT; 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 short SPY; Karen Finerman is short IWM; Karen Finerman is short MDY; Tim Seymour is long INTC; Tim Seymour is long CSCO; Tim Seymour is long SBUX; Joe Terranova is long VRTS; Joe Terranova is long MCD; Joe Terranova is long SBUX; Joe Terranova is long AAPL; Joe Terranova is long WFM; Joe Terranova is long CSTR; Joe Terranova is long CHKP; Joe Terranova is long EMC; Joe Terranova is long NXPI