Fast Money Pops & Drops

'Fast Money' Pops and Drops: Shiny Nucor

 

Melissa Lee handled the Pops and Drops.

Pops

IKON Office Solutions (IKN) rose by 9% to $17.02.

iShares China Index (FXI) was up about 4% to $43.43. Quint Tatro patted himself on the back for recommending this stock a couple of days ago on the program, calling a double bottom. He suggested investors to sell half of their position at this point.

Nucor (NUE) increased by 3% to $52.11. Adami said the stock was "obliterated in October," and said that even with the upward movement in the stock he still likes it at its current price levels.

Valero (VLO) rose by 4% to $35.02. Terranova mentioned how crude inventories have slowly been decreasing in recent months; he said this will benefit Valero and others in the sector. He said "people should look into this stock."

Talbots (TLB) surged by 28% to $12.82. Najarian started off by saying it's a really cheap stock, but he wouldn't be a buyer. He said the stock is off its 52-week high by a large margin and there is a good reason for it -- the stock's 52-week high is $23.84.

Border's (BGP) rose sharply by 20% to $6.39. Terranova said he believes a short squeeze contributed to the sharp rise -- he said he foresees the "stock moving to the double digits."

Drops

Mattel (MAT) was down about 3% to $19.65. Guy Adami said the $100 million it won from the Bratz lawsuit case did not help the stock, but at its current price he said it "gets interesting here."

Amylin Pharmaceuticals (AMLN) fell sharply by 25% to $20.48. Joe Terranova said to "let the dust settle here" before you take a look at whether to own it or not.

Solarfun Power Holdinigs (SOLF) fell by 14% to $16.33. Quint said "I keep getting smacked out of the solars." He is referring to when he had a position in a solar company but was forced to sell out when it hit his stop-loss price. He said "I'm done with them [solar stocks]."

American Axle (AXL) was down 2% to $4.98. Adami said does not like this stock. Instead, he prefers that investors consider WABCO Holdings (WBC), stating "that is your play."

Dollar Tree (DLTR) fell 3% to $37.94. Najarian said "I like this one" and suggested investors could get into this stock on the dips.

Brown Shoe Co (BWS) fell 3% to $15.37. Tatro said "this stock is not for me."

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Peter Garcia is a finance major at Seton Hall. He provides invaluable research support as an intern at TheStreet.com.

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