'Fast Money' Pops and Drops: Manitowoc Moves
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 Thursday.
Pops
AbitibiBowater (ABH Quote) popped 11%. Guy Adami called the pop a relief rally. He said the surge isn't worth much. R.H. Donnelley (RHD Quote) jumped 29%. Karen Finerman said the stock was very levered and put up some decent numbers. Manitowoc (MTW Quote) climbed 5%. Adami said there's big short interest and he likes the business. It's a buy, he said.Drops
Toyota (TM Quote) dropped 4%. Adami said higher material prices are hurting the company. He said he would avoid the name. Home Depot (HD Quote) lost 2%. Jeff Macke told viewers to buy the dips. Kaiser Aluminum (KALU Quote) fell 11%. Finerman said she thought the quarter was all right, and her fund bought more shares today. Nike (NKE Quote) slipped 3%. Pete Najarian said the decline was due to a little profit-taking by investors. Warner Music Group (WMG Quote) gave up 2%. Macke said the company is dead and its stock is going to zero. Let it go, he said. Hansen Natural (HANS Quote) plummeted 15%. Najarian said the company is selling more coffee than its Monster energy drink. There's a lot more profit in Monster, he said.- Loading Comments...
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