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

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 - Get Report) 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 - Get Report) 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 - Get Report) lifted 2%. Najarian said the stock was still riding on yesterday's news that health care spending will increase.

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

Brasil Telecom (BRP - Get Report) 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 - Get Report) 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 - Get Report) was down 7%. Macke said advertising money wasn't coming in.

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

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SYM TRADE IT LAST %CHG
BRP $24.24 0.04%
COST $148.12 0.56%
CRI $94.08 -0.95%
CSCO $28.82 0.51%
LAMR $60.42 -0.10%

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