'Fast Money Pops and Drops': Papa John's Is Cookin'
Stockpickr Staff
02/27/08 - 06:58 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 Wednesday.
Pops
Toll Brothers (TOL) was up 3%. Jeff Macke said you've got to like the price action on results this bad.
Homex (HMX) rose 4%. Tim Seymour called the stock a good story.
Cisco (CSCO) ticked up 4%. Pete Najarian said the numbers look outstanding.
IHOP (IHP) jumped 10%. Karen Finerman had thought results from newly acquired Applebee's would be bad, but they weren't.
Tenet Health Care (THC) lifted 2%. Najarian said the stock was still riding on yesterday's news that health care spending will increase.
Papa John's (PZZA) ticked up 9%. Seymour attributed the pop to strong guidance.
Brasil Telecom (BRP) got goosed for 5%. Seymour suggested that a UBS upgrade and talk of a dividend increase were responsible. He said he liked the stock.
Drops
Costco (COST) dropped 2%. Macke recommended buying, saying the company was a great merchant.
Solarfun (SOLF) fell down 13%. Finerman called Solarfun "ridiculous." She cautioned investors to stay away.
Nortel (NT) slipped 13%. Najarian said the company has been struggling and hasn't made money in a year and a half.
Lamar (LAMR) was down 7%. Macke said advertising money wasn't coming in.
Carters (CRI) plummeted 24%. Finerman called the company's earnings a huge miss. Avoid it, she advised.
