Saturday, December 12, 2015

4 stocks to watch after volatile week



After a rough week for U.S. stocks, "Fast Money" traders looked at companies that may hold upside into next year.
The major averages all lost more than 3 percent this week, with theNasdaq taking the biggest hit, falling about 4 percent.
Amid the struggles, trader Tim Seymour looked to retail giant Wal-Mart, the worst performer in the Dow in 2015. It has fallen 30 percent this year, mostly on disappointing guidance.
Shoppers at a Los Angeles Walmart as the store prepares for Black Friday, Nov. 24, 2014.
Jonathan Alcorn | Reuters
Shoppers at a Los Angeles Walmart as the store prepares for Black Friday, Nov. 24, 2014.
Considering the stock's price and strong same-store sales growth in the third quarter, Wal-Mart looks "defensive," he said.
Trader Brain Kelly touted BlackBerry, another beaten down stock which has plunged 30 percent this year. He said the company has started to "pick up a little momentum" on sales, and should benefit as a player in the connected car space.
Other traders saw continued upside for names beating broader markets this year. Shares of tobacco company Reynolds American — which have climbed 38 percent this year to trade around $44.50 — could "easily" rise to $55, said trader David Seaburg.
Trader Guy Adami saw upside for MasterCard, which he said has "tailwinds" moving into next year and gets a boost from a recent increase in capital return. The stock has climbed 10 percent this year.

Source:http://www.cnbc.com/2015/12/11/4-stocks-to-watch-after-volatile-week.html

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