Fast Money Pops & Drops
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 popped 11%. Guy Adami called the pop a relief rally. He said the surge isn't worth much. R.H. Donnelley RHD jumped 29%. Karen Finerman said the stock was very levered and put up some decent numbers. Manitowoc MTW climbed 5%. Adami said there's big short interest and he likes the business. It's a buy, he said.Drops
Toyota TM dropped 4%. Adami said higher material prices are hurting the company. He said he would avoid the name. Home Depot HD lost 2%. Jeff Macke told viewers to buy the dips. Kaiser Aluminum KALU fell 11%. Finerman said she thought the quarter was all right, and her fund bought more shares today. Nike NKE slipped 3%. Pete Najarian said the decline was due to a little profit-taking by investors. Warner Music Group WMG gave up 2%. Macke said the company is dead and its stock is going to zero. Let it go, he said. Hansen Natural HANS 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.The tire and rubber maker looks like a buy, but not just yet.
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