'Fast Money' Recap: It's in the Charts

Warren Buffett's Berkshire Hathaway(BRK.A Quote) announced plans to buy $2.1 billion in TXU junk bonds from Goldman Sachs(GS Quote). Najarian remarked that these are not junk bonds and Buffett will do very well.

(Take a look at Buffett's holdings on Stockpickr.com Warren Buffett.)

Speculation hit the market that Nike(NKE Quote) might be looking to buy Adidas. Najarian thinks that Nike would like to get into the soccer market and Adidas would be a great way to do it.

General Motors(GM Quote) falls 4% after November sales disappoint. Adami declared the car industry is a mess. The only stock he would play in the space is BorgWarner(BWA Quote).

Genentech(DNA Quote) falls 4% after the FDA looks to get a second opinion on breast cancer drug Avastin. Najarian says the problem is that Avastin slows cancer but doesn't extend the cancer's patient life.

Happy 52-Week High Deckers Outdoor(DECK Quote)

Pops & Drops

Pops - Netflix(NFLX Quote) traded up 3% after Piper Jaffray upgraded the stock. Macke advises investors to sell the pops on NFLX.

Novo Nordisk(NVO Quote) traded up 4%. Najarian pointed out that this stock continues to pop on positive news for one of their diabetes drugs.

Sears Holdings(SHLD Quote) traded up 5% after Chairman Eddie Lampert defended the company. Macke declares there's no reason to own SHLD because they just aren't good retailers.

Lennar(LEN Quote) traded up 6% after the homebuilder sold land for $525 million that was originally valued at $1.3 billion. Adami commented that there are better homebuilders to own then LEN.