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Traders hunt for stocks amid election fears

The "Fast Money" traders looked for opportunities in the market as U.S. equities fell amid election jitters.

The CBOE Volatility Index, also known as the "fear index," hit a high of 20.43 on Tuesday, its highest level since Sept. 12.

Trader Pete Najarian said he "loves the financials" but is waiting for a pullback.

Trader Karen Finerman said United Rentals looks attractive right now. The stock fell more than 3 percent on Tuesday.

Trader Guy Adami said Honeywell is an interesting stock that he is keeping an eye on, especially if it breaks past $110 a share.


Disclosures:

PETE NAJARIAN

Pete Najarian is long stock: AAPL, BAC, DIS, DISCA, EMR, GE, KMI, KMI.A, KO, LUX, MRK, P, PEP, PFE, calls: ABT, AMD, ATVI, BABA, BAC, BBY, CNX, COP, CS, DISH, ECA, ETP, GM, GRPN, GS, INTC, JBLU, JCP, KGC, LLY, LOW, M, MOS, MRO, MRVL, MT, MUR, NAV, NBR, PBR, RIO, SCTY, SBUX, TTS, TV, TWTR, VRX, WFT, WLL, X, XLF and puts: TWTR.

KAREN FINERMAN

Karen Finerman is long AAL, BAC, C, DAL, long DB calls, FB, FL, GOGO, GOOG, GOOGL, JPM, LYV, KORS, KORS calls, KORS puts, M, MA, SEDG, SPY puts, UAL, URI, WIFI long call spreads. Her firm is long ANTM, AAPL, BAC, C, C calls, FB, GOOG, GOOGL, JPM, JPM calls, KORS, LYV, M, MOH, PLCE, SPY puts, URI, WIFI. Her firm is short IWM, MDY. Finerman is on the board of GrafTech International.

STEVE GRASSO

Steve Grasso is long BA, CC, CHK, EVGN, KBH, MJNA, MON, MU, OLN, PFE, PHM, T, TWTR, GDX. His children own: EFA, EFG, EWJ, IJR, SPY. No short positions. Grasso's firm is long: VIRT, DVN, LDP, WDR, AVP, CVX, CVX, FCX, ICE, KDUS, KO, MAT, MCD, MJNA, NE, NEM, OLN, OXY, RIG, STAG, TAXI, TEX, TITFX, URI, WDR, WYNN, ZNGA, CUBA, HSPO, ICE, AMZN, MJNA, TITFX, SPY, QQQ, DIA, XLI, BGCP, VIRT, GE, AIR FP

GUY ADAMI

Guy Adami is long CELG, EXAS, GDX, INTC. Adami's wife, Linda Snow, works at Merck.