This Day On The Street
Continue to site
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: Looking for Quality Stocks

Pat Gelsinger, CEO of VMware (VMW), said there are no plans for VMW and EMC Corp. (EMC) to merge. He said the current businesses are doing fine in a separate arrangement and shareholders are happy. He said VMW is not really affected by the cyber-hacking issues between the U.S. and China, but said it is a worrying factor for other U.S. information technology firms and organizations. He said technology stocks in general are not "extremely valued." 

David Dewalt, chairman and CEO of FireEye (FEYE), said there is likely to be retaliation in the future from China in the form of cyber attacks. Currently, he sees Iran as another source of further cyber attacks thanks to that country's rising sophistication in technology. Turning to his business specifically, he said he is bullish on its "long-term" prospects. 

Adami said WorkDay (WDAY) could climb to $90, but he is looking to sell the stock short within the next few days. 

Nathan told investors not to buy 3D Systems (DDD) until it's in the $40s. 

Must Read: 'Fast Money' Recap: Fleeing to Safety

Finerman said patient investors who will hold onto BAC will be happy they bought at current levels. She said the recent selloff is overdone and called the stock attractive in valuation. 

Seymour says gold looks likely to decline to $1,200 per ounce but miners such as Barrick Gold (ABX) look attractive near current levels. 

Symantec (SYMC) climbed 1% and was the first stock on the show's "Pops & Drops" segment. Adami said the stock looks likely to climb to $23.50 ahead of its analyst day on Thursday. 

Aeropostale (ARO) jumped 15%. Seymour said not to buy the stock because it looks like it's headed to zero. 

Staples (SPLS) fell 2%. Nathan said the stock may find support below $11 over the short term but the company's long-term prospects look very discouraging. 

North Atlantic Drilling (NADL) soared 14%. Finerman said Rosneft, a Russian oil company, has increased its stake in the company.

Marc Andreessen, co-founder and partner of Andreessen Horowitz, said that as other countries' technology improves it raises the question of whether U.S. technology will be able to remain the global leader, and if U.S. national security will become more vulnerable.

2 of 3

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs