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'Fast Money' Recap: Talking Retail

Finerman likes the mall owners and real estate investment trusts but because of interest rate risks she would not own them at current levels. 

Adami said his top pick is FedEx (FDX), which seems likely to trade higher, he said. He added that margins also look to be improving. 

Seymour said gold seems likely to trade down to $1,100 per ounce, and pointed out that around $925 was where gold traded before the Federal Reserve began its quantitative easing process. 

Adami added that falling gold prices puts the miners in a tough spot. He suggested investors could possibly buy gold when mining companies start to hedge. 

Even at $8, Finerman said J.C. Penney (JCP) seems expensive as investors seem to have already priced in a turnaround. 

Must Read: 'Fast Money' Recap: Industrials in the Spotlight

Adami said Sketchers USA (SKX) seems likely to trade up to the high-$30 range. 

Seymour said Gap (GPS) could experience margin pressure, but he likes the company based on valuation. He stressed that the stock would go to $35, should it fail to hold $38. 

Adami said Facebook (FB) could head lower and suggested investors buy it near $51.50. 

Farooq Kathwari, CEO and president of Ethan Allen Interiors (ETH), was a guest on the show. He said rising interest rates were a slight concern, but improving consumer sentiment was much more important. He added that consumers are still redecorating their homes, which is a trend that seems likely to continue. 

Adami said the low valuation and high short interest could fuel the stock price higher. 

Seymour said ETH has good emerging market growth, which is why he likes it.

Finerman suggested that shares of Abercrombie & Fitch (ANF) have support near its current levels and the company has one of three possible catalysts: management improvement, management shakeup or M&A activity. 

Seymour said it's going to be tough for Restoration Hardware (RH) to hit its comp sales numbers and analysts' high expectations. He added the CEO departure is overblown and the stock looks good at current levels. 

Adami suggested investors could own Darden Restaurants (DRI) at $45 but not at current levels.

David Strasser, managing director at Janney Capital Markets, was a guest on the show. He said Best Buy (BBY) remains undervalued when compared to its peers and shares should continue higher in 2014. He added that BBY can continue gaining market share to drive revenue while cutting costs to drive earnings per share. 

Adami said he would be a buyer of Tupperware Brands (TUP)

For their final trades, Seymour is buying RH, Finerman said to buy Timken (TKR), and Adami likes St. Jude Medical (STJ)

-- Written by Bret Kenwell in Petoskey, Mich.

Follow on Twitter and become a fan on Facebook.

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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