'Fast Money' Pops and Drops: Deere Set to Jump
Mike Taylor
05/12/08 - 06:52 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 Monday.
Pops
Alcoa (AA) popped 7%. Guy Adami said Alcoa is a pricing story, and he still likes it.
Blockbuster (BBI) was up 5%.
Valero (VLO) climbed 6%. Tim Seymour said that any fall in crude helps this company.
John Deere (DE) soared 4%. Adami said the company reports earnings Wednesday. Don't shoot against them, he said. He said he thinks the stock can go to $100.
Collective Brands (PSS) jumped 17%. Jeff Macke said the company is appealing ruling against it in an Adidas trademark suit. He said this is no reason to buy a stock.
Holly Corp. (HOC) rocketed 8%. Pete Najarian said the company's earnings were better than expected.
Fortress (FIG) added 9%.
Ann Taylor (ANN) tacked on 16%. Macke said there's no trade here.
Cogent (COGT) ticked up 12%. Najarian said the company is raising its earnings forecast.
E-House (EJ) popped 5%. Seymour said the story is interesting and is actually one of the few Chinese companies that's growing earnings.
Drops
Clearwire (CLWR) dropped 10%. Najarian said the company can't do anything right. He said he doesn't know whether
Sprint (S) or Clearwire will go down faster.
Vimpel-Communications (VIP) lost 3%. Seymour said the company is a great story.
