Fifth & Pacific (FNP) popped 5% and Finerman said the company's done a great job turning around its Juicy Couture brand, which will be sold for $195 million.
Abercrombie & Fitch (ANF) fell 3%. Grasso said the stock is not a good investment at these levels.
Macy's (M) was the featured company on the show's "Street Fight" segment. Finerman defended the stock, saying it's the premiere operator in the business with the largest ability to scale. She added it has the cheapest valuation among its peers and is well below its own historical PE ratio.
Adami argued that the consumer has been strapped, driving down comparable sales. Margins have also been suffering, inventories have been increasing and EPS estimates are coming down. He concluded the stock has not traded well since mid-summer.Dennis Gartman, publisher of The Gartman Letter, was a guest on the show and said crude oil appears to be near a bottom and that support exists around $102. He added that temporary lows might have been made for gasoline, but could still go a little lower. He went on to say that global economies appear stronger than many had thought, which should bode well for demand of crude oil. He also likes the shipping stocks. Adami said he prefers Pepsico (PEP) over Coca-Cola (KO) because of its product diversity. Najarian thinks the company has a good yield and strong buyback program. Grasso would not be a buyer of Microsoft (MSFT) based on the next CEO announcement. He does not think that person will be Ford's (F) CEO Alan Mulally. Najarian said there will be a lot of demand from investors for the Twitter IPO, but options will not be available on the first day of trading. Finerman said she has not bought back any shares of Apple (AAPL), but the upcoming earnings report might be the catalyst to get her to do so. Grasso said Micron (MU) will continue to move higher so long as DRAM prices continue go higher. For their final trades, Adami was a buyer of Costco Wholesale (COST), Najarian said to buy U.S. Silica (SLCA), Finerman was buying Macy's and Grasso likes Google (GOOG). -- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell Follow TheStreet.com on Twitter and become a fan on Facebook.
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