This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

'Fast Money' Recap: Can Anyone Like Facebook?

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.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $130.28 0.00%
FB $81.53 0.00%
GOOG $565.06 0.00%
TSLA $218.42 0.00%
YHOO $44.52 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs