'Fast Money' Pops and Drops: Fluor Lights Up

05/13/08 - 06:40 PM EDT

Mike Taylor

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 Tuesday.

Pops

Dell (DELL Quote - Cramer on DELL - Stock Picks) popped 3%. Jeff Macke said Hewlett-Packard (HPQ Quote - Cramer on HPQ - Stock Picks) is still better than Dell.

Fluor (FLR Quote - Cramer on FLR - Stock Picks) soared 15%. Karen Finerman said the company beat by almost 20%. That's enormous, she said.

Medarex (MEDX Quote - Cramer on MEDX - Stock Picks) was up 14%. Najarian said the company has some good-looking drugs and saw some analyst upgrades.

McGraw-Hill (MHP Quote - Cramer on MHP - Stock Picks) was up 5%. Adami said analysts are saying the worst is behind the company. He's not a huge buyer here, he said.

Constellation Brands (STZ Quote - Cramer on STZ - Stock Picks) shot up 12%. Macke said the company's wine business is not getting hurt with a wine draught in Australia.

Abbott Labs (ABT Quote - Cramer on ABT - Stock Picks) climbed 3%. Najarian said these 3% biotech pops almost always wind up as a drop the next day.

Foster Wheeler (FWLT Quote - Cramer on FWLT - Stock Picks) jumped 9%. Adami said the stock is a synthetic way to play global power. He said he still likes Fluor (FLR Quote - Cramer on FLR - Stock Picks) better, but this is a good stock.

Drops

IndyMac (IMB Quote - Cramer on IMB - Stock Picks) dropped 24%. Finerman said to stay away.

TJX (TJX Quote - Cramer on TJX - Stock Picks) lost 5%. Finerman said forward guidance wasn't so hot and the stock had traded rich, so now it's coming back in line.

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