Walt Disney shares look like they have found their footing after a rough run and may make a strong buy moving forward, some CNBC "Fast Money" traders said.
The stock lost 15 percent in August but is still up nearly 10 percent for the year. Investors could jump into the stock if it continues to grind higher, trader Guy Adami said.
It looks appealing if it breaks through $105 per share, about $1.50 higher than where it closed Monday, Adami said. Traders Steve Grasso and Karen Finerman, who both own Disney either personally or through their firms, said they would hold on to the stock.
United Continental Holdings
Trader Tim Seymour said United Continental Holdings looks "beaten down" after losing more than 9 percent this year. However, he noted the stock has "upside" at the low price and because of its free cash flow.
Drugmaker Biogen has fallen more than 12 percent this year, and trader Steve Grasso said it gives "bang for your buck." The stock dropped more than 5 percent Monday with the rest of the sector after presidential candidate Hillary Clinton tweeted that she wanted to address "price gouging" for drugs.
Tim Seymour is long AAPL, BAC, CLF, DIS, F, GE, GM, GOOGL, INTC, JPM, T, TWTR, Tim's firm is long BABA, BIDU, MCD, NKE, NOK, SBUX, YHOO.
Steve is long AAPL, BA, BAC, CC, DD, DIS, DECK, EVGN, FIT, KBH, MJNA, MU, PFE, PHM, T, TWTR, GDX, firm is long BP, CVX, GLD, AMZN, MCD His kids own EFA, EFG, EWJ, IJR, SPY.
Karen is long BAC, C, FINL, FL, GOOG, GOOGL, IBB, JPM, KORS, KORS call spreads, M, URI, she is short SPY, Her firm is long ANTM, AAPL, BAC, C, DIS, FBT, FINL, FL, GOOG, GOOGL, GPS, IBB, JPM, KORS, KORs calls, M, M calls, SUN, URI, URI long puts, XBI, KORS call spreads, M call spreads, her firm is short IWM, SPY, MDY, USO, Karen Finerman is on the board of GrafTech International.
Guy Adami is long CELG, EXAS, INTC, Guy Adami's wife, Linda Snow, works at Merck.