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'Fast Money' Recap: Going Global

NEW YORK (TheStreet) -- Equity markets continue to chop through familiar ranges, with the S&P 500 rising 0.81% on Wednesday, barely erasing Tuesday's losses. 

On CNBC's "Fast Money" TV show, the trading panel provided their global trades. 

Tim Seymour, managing partner of Triogem Asset Management, said he is a buyer of Starbucks (SBUX), which will double its store count in China to 1,500 by the end of this year. He said the company should continue to grow revenues 20% to 25% annually. 

Karen Finerman, president of Metropolitan Capital Advisors, said she is a buyer of North Atlantic Drilling (NADL) because the company has zero exposure to the U.S., which provides good investment diversity. She also liked the company's dividend and revenue.

Pete Najarian, co-founder of optionmonster.com and trademonster.com, said he is a buyer of the WisdomTree India Earnings ETF (EPI) because of the country's new pro-business government. 

Brian Kelly, founder of Brian Kelly Capital, said he is a buyer of the iShares MSCI Brazil Capped ETF (EWZ), but not until it dips into the low $40s. He reasoned the country may adapt a more pro-business government (like India) when it holds elections in the fall. 

Anthony DiClemente, managing director at Nomura Securities, was a guest on the show. Regarding Netflix (NFLX) and its decision to boost expansion efforts in Europe, he said it would take a short-term hit on earnings but pave the way for long-term benefits. As Netflix's user base grows, so will the benefit for the actual media providers because so many more customers will have access to the content. So far, the idea of raising Netflix's monthly prices has not affected customer sentiment too negatively, he reasoned. 

International expansion opportunities are huge, according to Najarian, who pointed out that only 16% of the company's revenue come from overseas. 

CNBC's John Jannarone was a guest on the show, discussing the rumored merger between Reynolds American (RAI) and Lorillard (LO). British American Tobacco (BTI) actually owns a 42% stake in RAI, which will increase to more than 50% at the end of July. If a deal between RAI and LO does indeed get done, it will be with shares of RAI, diluting British American Tobacco's stake, he said. 

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