Adami said Zillow has traded well over the past month. However, with a short interest over 50% and a 10% drop on Friday on light volume, he called the stock a "no touch" at current levels.
Brian Kelly, founder of Brian Kelly Capital, phoned into the show. He sold his long position in FireEye (FEYE) just below $45, saying, "It's just a bad trade."
Ford (F) dropped 3% following its earnings report. Adami said the stock is cheap in terms of valuation but also called the stock a "no touch" based on its relatively poor price action over the past few months.
Grasso said he is not a buyer of Tesla Motors (TSLA) but investors who are long should use $184 as their stop-loss.JetBlue Airways (JBLU) fell 5% and was the first stock on the show's "Pops & Drops" segment. Adami admitted to being wrong about his bullish call on the stock. Visa V dropped 5%. Grasso said the stock is below all of its major moving averages. He said investors who want to buy the stock should wait for the overall market to stabilize. SunPower (SPWR) jumped 7%. Brown said the stock seems poised to go higher. Hanesbrands (HBI) popped 5%. Najarian said the stock is still cheap. For their final trades, Najarian was a buyer of Dollar General (DG) and Grasso was a buyer of Bank of America (BAC) near $15. Brown was a buyer of the Market Vectors Agribusiness ETF (MOO) and Adami was buying Mylan (MYL).
-- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell
Follow TheStreet.com on Twitter and become a fan on Facebook.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts