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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

'Fast Money' Recap: Is This Market Pullback a Big Deal?

Oliver Chen, senior research analyst at Citigroup, was a guest on the show. He downgraded shares of Lululemon Athletica (LULU) to hold from buy but did not downgrade the stock to a sell because there is takeover potential. He reasoned that VF Corp. (VFC) could be a viable acquirer, or Lululemon Athletica could be taken private, with the founder owning 26% of the company currently. He added that the company still can expand into Europe, which is a positive. 

Adami said shares of LULU are starting to look attractive on the long side near current levels. 

Nathan suggested that perhaps customers, and women in particular, are choosing Under Armour (UA) products over Lululemon products. He said investors will likely have a chance to buy it lower. 

Najarian reasoned that shares of LULU have plenty of upside potential if the company can turn around its slumping operations.

Finerman said she is short shares of Coach (COH), which report earnings next week. It could be a "kitchen sink" kind of quarter, she said, meaning the new CEO may lower the bar and reset expectations for investors and analysts.

Adami said the "risk-reward" in GameStop (GME) looks attractive, as the stock could pop to the low-$40s. He suggested using a stop-loss near $35. 

Najarian said he likes Whole Foods Market (WFM) on the long side for the long term. He suggested that the company could grow to 1,200 stores in the U.S., more than triple the roughly 350 current stores.

Nathan called Tesla Motors (TSLA) CEO Elon Musk "one of the most innovative leaders" after he opened up the company's patents for other companies to see in order to advance the development of electric car building. While the stock is acting well near $200, he said investors should hope for a pullback to $150 or $160 before buying. 

Amazon (AMZN) announced free streaming music for Prime members. Adami said investors can buy the stock, which looks poised to run toward $345. 

Finerman said Sycamore's 10% stake and possible attempt at a takeover in shares of Express (EXPR) should bode well for the "crappy retailers," because investors may think one of them will be next.

2 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 16,960.57 -123.23 -0.72%
S&P 500 1,978.34 -9.64 -0.48%
NASDAQ 4,449.5640 -22.5440 -0.50%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs