Dan Nathan argued the recent earnings pop was nothing but a short squeeze. He added that the company will experience lower margins and lower profitability as it attempts to warehouse products, making companies like Amazon (AMZN) and Costco Wholesale (COST) its new competition.
Finerman said she still likes Navios Maritime Holdings (NM), even though it's up 21% from her recommendation a few weeks ago.
Sahm Andrangi of Kerrisdale Capital was a guest on the show> He wants Morgans Hotel Group (MHGC) to be sold. His firms own 4% of the outstanding shares and added that it's over-levered and under capitalized for its operations.
Nathan said it seems like it would make sense to follow some of the activist investors into Morgans Hotel Group Properties, albeit with a small position.First Solar (FSLR) was the first stock on the show's "Pops & Drops" segment, up 5%. Mike Khouw said he would avoid the solar space all together. Zillow (Z) fell 2%. Nathan said the stock is still overvalued and he doesn't like it on the long side. J.C. Penney (JCP) jumped 5% and Najarian said the call option buyers were right. He added that there has been strong institutional buying. Jos. A. Bank Clothiers (JOSB) popped 6%. Finerman said she's long and still likes it. Newmont Mining (NEM) fell 4% and Parets said the stock will likely stay rangebound for a while. Parets said that he doesn't love Micron (MU), even though it's been on fire so far this year. He added that he prefers energy stocks. Netflix (NFLX) hit multi-year highs and Khouw said he does not like the valuation and would "absolutely avoid it." LinkedIn (LNKD) hit all-time highs, even after announcing a secondary offering. Nathan said the company will now have $2 billion in cash and no debt. For their final trades, Najarian said to buy Discover Financial (DFS), Nathan was a buyer of AT&T (T), Finerman was buying Foot Locker (FL) and Parets said to fade any strength in the S&P 500. -- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell Follow TheStreet.com on Twitter and become a fan on Facebook.
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