'Fast Money' Pops and Drops: JPM's a Gem

09/30/08 - 06:36 PM EDT

TSC Staff

Pops

Intel(INTC Quote - Cramer on INTC - Stock Picks) jumped 8% after Piper Jaffray upgraded the stock to a buy rating. Macke said to just trust the new price and go with it.

JPMorgan Chase(JPM Quote - Cramer on JPM - Stock Picks) traded up 13%. Thomson Reuters data showed that JPM was the world's top underwriter of stocks and bonds for the third quarter. Terranova said this stock is something you want to own in your portfolio for the long term.

Dr Pepper Snapple Group(DPS Quote - Cramer on DPS - Stock Picks) popped 9%. Finerman explained that Snapple is going to be replacing Wrigley(WWY Quote - Cramer on WWY - Stock Picks) in the S&P 500.

Sovereign Bancorp(SOV Quote - Cramer on SOV - Stock Picks) soared 69% after the stock caught a few upgrades and the company replaced its CEO. Adami said he wouldn't go rushing into this stock.

EZCORP(EXPW Quote - Cramer on EXPW - Stock Picks) ripped 7% higher. Macke said tough times call for tough "pawnage."

Schlumberger(SLB Quote - Cramer on SLB - Stock Picks) added 5%. Terranova said with oil at $100, people still need to use Schlumberger's equipment to find it. He says the oil story isn't over.

This article was written by a staff member of TheStreet.com.
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