'Fast Money' Pops and Drops: Up on the Farm
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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
Home Depot (HD Quote) popped 3%. Karen Finerman said the company had its analyst day. She said the company has a great business and a great balance sheet but is facing headwinds. Anheuser-Busch (BUD Quote) soared 2%. Jeff Macke said the company suggested that $65 a share might be a fair price for potential acquirer InBev to pay. Nvidia (NVDA Quote) climbed 3%. Guy Adami said it's a good company and it got its fifth upgrade in a month. He said Intel (INTC Quote) would do well to buy Nvidia. Monsanto (MON Quote) jumped 5%. Najarian said ag names have been on fire. Level 3 (LVLT Quote) surged 13%. Adami said there's large short interest in the name, as well as room on upside. Tercica (TRCA Quote) doubled. Adami said the company got bought.Drops
Smithfield Farms (SFD Quote) dropped 6% Macke said it's a tough time for the food-processing business. Regeneron (REGN Quote) lost 20%. Najarian said that a couple of downgrades and bad news about the company's FDA prospects hit the stock. Jackson Hewitt (JTX Quote) fell down 6%. Macke said the company withdrew all guidance, and that's never good news. Vale Resorts (MTN Quote) lost 5%. Najarian said the stock got an upgrade the other day. He said the stock should suffer from here.- Loading Comments...
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