'Fast Money' Recap 'Pops and Drops': Nucor Numero Uno
Stockpickr Staff
02/22/08 - 07:40 PM EST
Here's what
CNBC's "Fast Money" traders had to say about some of the market's biggest movers on their "Pops and Drops" segment Friday.
Pops
Nucor (NUE) rose 3%. Adami called Nucor the best-run steel company out there.
Chalco (ACH) jumped 8%. Seymour said aluminum output was down in China. He thinks the stock will go down.
Companhia Siderurgica Nacional (SID) popped 6%. Seymour said the "monster" Brazilian steel and iron ore company was a great story.
CHC Helicopter (FLI) took off by 35%. Adami said
Bristow Group (BRS) bought the company. He recommended buying Bristow on the dip.
Drops
Solar names including
Suntech (STP) and
Trina Solar (TSL) lost at least 15% this week. Finerman said that hopefully solar stocks work, but investors can't just buy them at any price.
Best Buy (BBY) slipped 2%. Macke said things weren't that bad for the company.
Garmin(GRMN) lost 7%. Finerman emphasized that a great product doesn't justify purchasing a stock at any price.
Intuit(INTU) was down 13%. Macke said, "Apparently no one has to file taxes anymore."
General Motors (GM) descended 9%. Seymour argued that the GM story is happening abroad.
3Com (COMS) plummeted 29%. Adami recommended that viewers avoid a $3 stock that's fallen down to $2.
Yahoo! (YHOO) gave up 3%. Finerman predicted a merger this week.
Lifetime (LTM) was off 16%. Macke said, "Weep for the children and sell this stock."