Fast Money Picks For April 21
CNBC Fast Money's Steve Grasso recommended on the show a long position in Potash Corp./Saskatchewan (USA) (NYSE: POT). He thinks that it is setting up nicely for a move higher.
Pete Najarian believes that Under Armour Inc (NYSE: UA) is going higher. He owns call options in the name.
Dan Nathan likes Macy's, Inc. (NYSE: M). He is long a May call spread.
Guy Adami is a buyer of Facebook Inc (NASDAQ: FB).
Stock Pops & Drops
On CNBC's Stock Pops & Drops, Guy Adami said that he would stay long Hasbro, Inc. (NASDAQ: HAS) even with the 12.55 percent move higher on Monday.
Steve Grasso sees more room on the downside for Michael Kors Holdings Ltd (NYSE: KORS). The stock fell 1.72 percent on a downgrade and it is probably going to get a couple of more downgrades, explained Grasso.
Dan Nathan spoke about Splunk Inc (NASDAQ: SPLK), which gained 2.13 percent on Monday. There is a rumor of a possible acquisition by International Business Machines Corp. (NYSE:IBM), but Nathan doesn't see it as a realistic scenario. If the stock can show some continuation in momentum it could reach $70, believes Nathan.
Pete Najarian thinks that China Mobile Ltd. (ADR) (NYSE: CHL) has more room on the upside. The stock gained 5.39 percent on Monday.