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
TheStreet Open House

'Fast Money' Recap: Selling Best Buy

Kelly argued that the global and U.S. economies are showing signs of slowing down, evidenced by ISM reports, employment data and struggles within the retail sector. 

Seymour disagreed. He said wage growth and consumer spending continue to climb. He did admit stocks that are overvalued are getting nailed for under-delivering. 

Finerman said she bought shares of J.C. Penney (JCP) as a trade. She does not believe in the company's long-term success but thought the stock could go higher over the short term. 

Guest Doug Freedman, an analyst at RBC Capital Markets, has a market perform rating on Intel (INTC), which is slightly lower after reporting earnings. 

He did not like the management team's decision to "double down" on its investment in the tablet market since it was costing the company in upside earnings potential. He's disappointed that Intel saw lower demand in its server business, which is more profitable than its PC business, which rose. He prefers Marvell Technology Group (MRVL)

Adami said Intel's earnings report was okay but the stock reacted negatively because it ran up so far into the report. 

Seymour really likes what SolarCity (SCTY) is doing in the residential solar market. However, he's not a buyer at current levels.

Adami said Hershey (HSY) could have slightly more upside from current levels but is richly valued. He wants to avoid the stock.

Brad Hintz, an equity research analyst at Sanford C. Bernstein and former CFO of Lehman Brothers, was a guest on the show. He said Citigroup (C) has a low valuation. Citi has great international exposure, especially to Asia, and rising interest rates will likely help the financial sector. 

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs