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TheStreet Open House

'Fast Money' Recap: What's Good for GM Is Good for the Market

Stock quotes in this article: GM, TTM, F, GOOG, MU, IBM, HPQ, TWTR, ANF, SODA, MCD, SYY, KRFT, HON, GE, DDR, JWN, TJX, M, ARO, AEO, IEP, IBN, TCK, LINTA, LGF

Sysco Corp. (SYY) popped 10% and Adami said the stock will probably trade lower from here and suggested investors do not initiate a long position. 

Kraft Foods Group (KRFT) jumped 2%. Kelly said the stock doesn't appear to be breaking out so investors should plan to buy it near $52. 

Adami said Honeywell International (HON) has dramatically outperformed General Electric (GE). He thinks the former can continue higher. 

Dan Hurwitz, CEO of DDR Corp. (DDR), was a guest on the show. He said cold weather has been driving strong coat and boot sales. He added top retailers such as Nordstrom (JWN), TJX Companies (TJX) and Macy's (M) will likely say the weather helped sales while teen retailers including Aeropostale (ARO) and American Eagle Outfitters (AEO) will blame it. He admitted his company is struggling to find growth in Brazil but is thriving in Puerto Rico. 

Kelly suggested investors do not buy the dip in Icahn Enterprises (IEP)

For their final trades, Seymour said he would be a buyer of ICICI Bank (IBN) and Kelly is a buyer of Teck Resources Limited (TCK). Finerman said to buy Liberty Interactive (LINTA) and Adami is buying Lions Gate Entertainment (LGF).

-- Written by Bret Kenwell in Petoskey, Mich.

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Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.
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