Alliance Bernstein(AB Quote - Cramer on AB - Stock Picks) fell 6% after the asset manager reported a drop in fees for its hedge funds. Adami says AB has room to go much lower.
Intel(INTC Quote - Cramer on INTC - Stock Picks) fell 3%. Macke would buy the shares on this dip.
Big 5 Sporting Goods(BGFV Quote - Cramer on BGFV - Stock Picks) fell 15% after the sporting goods giant missed Wall Street expectations for profits and sales. Finerman would avoid this stock.
Jamba Juice(JMBA Quote - Cramer on JMBA - Stock Picks) fell 10% after the smoothie store missed revenue estimates. Macke explained it's a bad sign when a company misses estimates this soon after an IPO.
Fast Fire
The crew revisits past trade ideas and some didn't do as well as planned.
On December 5th Finerman recommended
Crocs(CROX Quote - Cramer on CROX - Stock Picks) on valuation, but the stock went down 30% since her call. She isn't giving up on the shoe maker and she disclosed she is still long.
It was December 4th when Macke said buy
The Gap(GPS Quote - Cramer on GPS - Stock Picks). He was dead wrong and the stock has gone down 5% since his recommendation. Macke is now changing his mind saying get out of The Gap.
On January 3rd Adami said buy
Intel(INTC Quote - Cramer on INTC - Stock Picks) in front of the next earnings report. Adami was wrong and Intel has fallen 20% since his call. Adami is sticking with the chip giant even after the plunge.
This past Tuesday Najarian disclosed and recommended shorting
Washington Mutual(WM Quote - Cramer on WM - Stock Picks). Najarian was off the mark and the stock has rallied 14%. He is recommending covering any short position in WM.