This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

'Fast Money' Recap: Talking Retail

NEW YORK (TheStreet) -- The S&P 500 closed slightly lower on Thursday, a day after its record close. 

On CNBC's "Fast Money" TV show, the trading panel discussed their retailer stock selections. 

Guy Adami, managing director of stockmonster.com, said high-end retail such as Tiffany & Company (TIF) and Michael Kors (KORS) are good picks. Payment processing giants Visa (V) and MasterCard (MA) should benefit from holiday shopping, too. 

Karen Finerman, president of Metropolitan Capital Advisors, said KORS is a great company with solid growth but is unlikely to maintain its high valuation. 

Must Read: 'Fast Money' Recap: Waiting on the Fed

Seymour added KORS has a lot of future growth in Asia. 

When choosing between Wal-Mart (WMT) and Macy's (M), Finerman chose Macy's. She said it has a solid mix of high-class and middle-class consumers as well as terrific management. 

Adami said M seems likely to trade up to $55 and Seymour called it the cheapest major retailer in the S&P 500 in terms of valuation.

Finerman said Finish Line (FINL) could outperform Foot Locker (FL) due to its higher exposure to a strong U.S. shoe market. 

Nike (NKE) reported earnings and Adami said the inventory increase was concerning. At the current valuation, he would not chase the stock. 

Gerald Storch, CEO of Storch Advisors, was a guest on the show. He said the U.S. needs more secure credit cards following the hacking incident at Target (TGT). More broadly, he said foot traffic is lower this year in retail despite fewer days for the holiday season. He concluded that Internet sales have been absorbing a lot of the sales and that continues to increase. 

Seymour said Amazon (AMZN) will continue to benefit from online sales and suggested investors stick with the name. 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $112.34 4.29%
FB $89.89 3.05%
GOOG $614.34 2.77%
TSLA $247.69 3.80%
YHOO $31.77 0.54%

Markets

Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs