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'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 Quote - Cramer on TOL - Stock Picks) was up 3%. Jeff Macke said you've got to like the price action on results this bad.

Homex (HMX Quote - Cramer on HMX - Stock Picks) rose 4%. Tim Seymour called the stock a good story.

Cisco (CSCO Quote - Cramer on CSCO - Stock Picks) ticked up 4%. Pete Najarian said the numbers look outstanding.

IHOP (IHP Quote - Cramer on IHP - Stock Picks) jumped 10%. Karen Finerman had thought results from newly acquired Applebee's would be bad, but they weren't.

Tenet Health Care (THC Quote - Cramer on THC - Stock Picks) lifted 2%. Najarian said the stock was still riding on yesterday's news that health care spending will increase.

Papa John's (PZZA Quote - Cramer on PZZA - Stock Picks) ticked up 9%. Seymour attributed the pop to strong guidance.

Brasil Telecom (BRP Quote - Cramer on BRP - Stock Picks) 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 Quote - Cramer on COST - Stock Picks) dropped 2%. Macke recommended buying, saying the company was a great merchant.

Solarfun (SOLF Quote - Cramer on SOLF - Stock Picks) fell down 13%. Finerman called Solarfun "ridiculous." She cautioned investors to stay away.

Nortel (NT Quote - Cramer on NT - Stock Picks) slipped 13%. Najarian said the company has been struggling and hasn't made money in a year and a half.

Lamar (LAMR Quote - Cramer on LAMR - Stock Picks) was down 7%. Macke said advertising money wasn't coming in.

Carters (CRI Quote - Cramer on CRI - Stock Picks) plummeted 24%. Finerman called the company's earnings a huge miss. Avoid it, she advised.