Fast Money Pops & Drops
'Fast Money Pops and Drops': Fortune Brands Fortunate
03/31/08 - 06:44 PM EDT
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 Monday.
Pops
Fortune Brands (FO - Cramer's Take - Stockpickr) popped 9%. Guy Adami said the company didn't have to pay up to get Absolut Vodka. Good for them, he said. He called the stock cheap and said it's a buy. Northwest Airlines (NWA - Cramer's Take - Stockpickr) rose 3%. Pete Najarian said that the company is making progress on its Delta (DAL - Cramer's Take - Stockpickr) merger. As oil prices rise, airlines should finish up their mergers, he said. Starbucks (SBUX - Cramer's Take - Stockpickr) climbed 3%. Jeff Macke said he still recommends the stock as a trade with a stop at $16.75. He said the company faces a long slog, however. Gilead (GILD - Cramer's Take - Stockpickr) was up 4%. Adami called the stock a monster biotech with five major drugs. It's still going higher, he said. Schwab (SCHW - Cramer's Take - Stockpickr) added 4%. Najarian said the company was upgraded by Standard & Poor and continues to build on other companies' mistakes. Macy's (M - Cramer's Take - Stockpickr) jumped 5%. Karen Finerman said the stock had been overdone last week and speculated that the pop owed to "window-dressing" for the end of the quarter.Drops
Thornburg Mortgage (TMA - Cramer's Take - Stockpickr) dropped 27%. Finerman said the company can't get a deal done. Cal-Maine Foods (CALM - Cramer's Take - Stockpickr) popped then dropped. Macke said the egg company shouldn't count its chickens before they hatch. He said investors could build a position in the name now.The crew says that foreigners are still spending our cheap dollars at Tiffany's.
Motorola sees shares fall after announcing a split-up of the company.
The crew's Pete Najarian says Consol Energy is leading a charge by coal stocks.
These forgotten Internet stocks are being accumulated by hedge funds.
Raspberries for Apple; You'll be sorry, UBS; Fortress or Fort Knox? Wholly unappetizing Foods; give Liberty AOL or give them...
The GOP presidential candidate raised $27 million in July.
Some credit and debit cards give you some cash back on purchases. But you need to manage it well to benefit from it.
Sponsored by:



