'Fast Money Pops and Drops': Papa John's Is Cookin'

BY Stockpickr Staff | 02/27/08 - 06:58 PM EST

Comment

See what Jim Cramer and Stephanie Link are trading today.

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

Toll Brothers (TOL ) was up 3%. Jeff Macke said you've got to like the price action on results this bad.

Homex (HMX ) rose 4%. Tim Seymour called the stock a good story.

Cisco (CSCO ) ticked up 4%. Pete Najarian said the numbers look outstanding.

IHOP (IHP ) jumped 10%. Karen Finerman had thought results from newly acquired Applebee's would be bad, but they weren't.

Tenet Health Care (THC ) lifted 2%. Najarian said the stock was still riding on yesterday's news that health care spending will increase.

Papa John's (PZZA ) ticked up 9%. Seymour attributed the pop to strong guidance.

Brasil Telecom (BRP ) got goosed for 5%. Seymour suggested that a UBS upgrade and talk of a dividend increase were responsible. He said he liked the stock.

Drops

Costco (COST ) dropped 2%. Macke recommended buying, saying the company was a great merchant.

Solarfun (SOLF ) fell down 13%. Finerman called Solarfun "ridiculous." She cautioned investors to stay away.

Nortel (NT ) slipped 13%. Najarian said the company has been struggling and hasn't made money in a year and a half.

Lamar (LAMR ) was down 7%. Macke said advertising money wasn't coming in.

Carters (CRI ) plummeted 24%. Finerman called the company's earnings a huge miss. Avoid it, she advised.

Select the service that is right for you!

COMPARE ALL SERVICES

Action Alerts PLUS

TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:

$2.5+ million portfolio
Large-cap and dividend focus
Intraday trade alerts from Cramer
Weekly roundups

Dividend Stock Advisor

TRY IT FREE

New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:

Diversified model portfolio of dividend stocks
Alerts when market news affect the portfolio
Bi-weekly updates with exact steps to take - BUY, HOLD, SELL

Stocks Under $10

TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:

Model portfolio
Stocks trading below $10
Intraday trade alerts
Weekly roundups

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:

Jim Cramer + 20 Wall Street pros
Intraday commentary & news
Real-time trading forum
Actionable trade ideas

Real Money Pro

TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:

Real Money + Doug Kass + 15 more Wall Street Pros
Intraday commentary & news
Ultra-actionable trading ideas

Options Profits

TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:

100+ monthly options trading ideas
Actionable options commentary & news
Real-time trading community
Options TV

To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.