Solar Spots
Solar stocks had a mixed day Thursday with Solarfun(SOLF Quote) falling 4% and Hoku Scientific(HOKU Quote) exploding up 20%. Najarian explained that Hoku signed a deal to borrow $185 million from Merrill Lynch for setting up a polysilicon plant. His favorite name in the solar space is Cypress Semiconductor(CY Quote), but he mentioned he sold his position in the stock. Happy 52-Week High Tivo(TIVO Quote)Face2Face
Viewers write in with their own topics to be addressed. Bill from Michigan wants to know, "With the housing crunch bottoming soon, is Home Depot(HD Quote) at a bottom?" Macke doesn't agree that the housing crunch is bottoming soon and he isn't a fan of Home Depot. Jameson from Texas writes, "I know Tim Seymour loves global telecom plays, if he had to choose one and only one between American Movil(AMX Quote), VimpelComm(VIP Quote) and China Mobile(CHL Quote) which would he choose?" Seymour went with China Mobile.Pops & Drops
POPS- Motorola(MOT Quote) traded up 4% after the cell phone maker reaffirmed its fourth-quarter forecast and announced it's considering breaking up the company. Adami thinks it's a lottery ticket worth a look. Tribune(TRB Quote) traded up 8% after the newspaper company said it will reduce debt by $500 million. In Najarian's opinion, this is a good thing for Tribune. Flowserve(FLS Quote) traded up 7% after the firm won a major pump order contract in Qatar. Adami likes the valuation on Flowserve, but he advised taking some profits on this move.- Loading Comments...
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