As brick-and-mortar retailers flounder amid weak earnings, the "Fast Money" traders found some hidden value in the sector.
Trader Tim Seymour said that recent apparel retail results only affirm reasons to own shares of home improvement stores like Home Depot and Lowe's, citing pent-up demand as the housing market improves.
Guy Adami is long CELG, EXAS, GDX, INTC, Guy Adami's wife, Linda Snow, works at Merck.
Steve is Long BA, CC, DD, DIS, DECK, KBH, MJNA, MU, OLN, PFE, PHM, T, TWTR, GDX firm Long UAL, AMZN kids own EFA, EFG, EWJ, IJR, SPY
Brian Kelly is long BBRY, Bitcoin, GLD, US Dollar; he is short Australian Dollar, BLK, CS, DB, Euro, EWA, EWH, FRC, Hong Kong Dollar, UBS, Yuan, 5-Year Note Futures
Tim Seymour is long AAPL, AVP, BAC, BBRY, CLF, DO, EDC, EWZ, F, FCX, FXI, GM, GOOGL, GRMN, GE, GLNCY, INTC, LQD, MCD, MPEL, NKE, RACE, RAI, RL, SINA, T, TWTR, UA, VALE, VZ, XOM. Tim's firm is long BABA, BIDU, CLF, EWZ, F, HD, KO, MCD, MPEL, NKE, PEP, PF, SAVE, SBUX, SINA, VALE, VIAB, WMT, WEN, YHOO, short HYG, IWM, WYNN