Netflix, PepsiCo, Qualcomm, Wal-Mart: Fast Money Picks For January 18

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Steve Grasso said on CNBC's Fast Money Final Trade that he is a buyer of Wal-Mart Stores Inc WMT. The stock was under pressure because of the potential minimum wage increase, but Grasso believes it won't be an issue after Donald Trump won the election. Grasso added that the border tax isn't going to be so harsh as it was announced and it won't hurt Wal-Mart.

David Seaburg thinks that Netflix, Inc. NFLX is going to report a great quarter and he wants to buy the stock.

Brian Kelly believes that PepsiCo, Inc. PEP is going to trade higher in the weak U.S. dollar environment.

Guy Adami wants to buy the weakness in QUALCOMM, Inc. QCOM. The stock fell on the news of The Federal Trade Commission suit.

Posted In: CNBCFast MoneyMediaTrading IdeasBrian KellyDavid SeaburgGuy AdamiSteve Grasso
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