Fast Money 'Pops and Drops': Moody's Blues
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
Safeco (SAF Quote) popped 46%. Karen Finerman said she was jealous of shareholders. She said she wished she owned the stock. Raymond James Financial (RJF Quote) jumped 20%. Guy Adami said management said that it still faces headline risk but said the worst is over. He said he likes the stock. Broadcom (BRCM Quote) was up 16%. Pete Najarian said chips have started to come back. He said the company performed very well for the quarter. Moody's (MCO Quote) climbed 3%. Jeff Macke said the company is only now noticing problem in financials. It's a sell, and the business model is broken, he said. Coach (COH Quote) rallied 6%. Finerman said she doesn't love the conference call. She said she wouldn't get on board here. Tupperware (TUP Quote) ticked up 12%. Macke said this company continues to rock despite high crude oil prices.Drops
Gannett (GCI Quote) dropped 6%. Finerman said ads are declining and newspapers face a real problem. She doesn't know the way out, she said. Ameriprise Financial (AMP Quote) lost 6%. Adami said the only good thing about the company was its $1.5 billion share repurchase authorization. He apologized for being wrong about the company. XTO Energy (XTO Quote) fell 4%. Najarian said that after a 52-week high yesterday, the story for natural gas is still intact. Rockwell Automation (ROK Quote) tumbled 9%. Adami said other companies such as Manitowoc (MTW Quote) are better. Mosaic (MOS Quote) slipped 5%. Najarian said that the stock is down a little today, but after yesterday's rise, it's OK.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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