'Fast Money Pops and Drops': Coal Consoling
Mike Taylor
03/26/08 - 06:42 PM EDT
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
CVRD (RIO - Cramer's Take - Stockpickr) popped 5%. Tim Seymour said to watch out for a
Freeport-McMoRan (FCX - Cramer's Take - Stockpickr) acquisition.
Consol Energy (CNX - Cramer's Take - Stockpickr) rose 3%. Pete Najarian said Goldman Sachs upgraded coal stocks. Consol is leading the charge, and it has a lot more room to run, he said.
Drops
Jabil Circuit (JBL - Cramer's Take - Stockpickr) dropped 18%. Najarian said it missed on profit and sales and suffered four downgrades. Awful, he said.
Capital One (COF - Cramer's Take - Stockpickr) ticked down 3%. Karen Finerman said there's more downside.
P.F. Chang's (PFCB - Cramer's Take - Stockpickr) lost 9%. Macke said casual dining is not such a good space. Get out, he said.
The
SPDR S&P Homebuilders (XHB - Cramer's Take - Stockpickr) slipped 6%. Seymour said 13-year lows in home sales are not very good for the fund.
Charlotte Russe (CHIC - Cramer's Take - Stockpickr) tumbled 13%. Finerman said the company missed earnings and guided lower. Not a good stock, but nice ticker, she said.
