Fast Money Recap: Tuesday's 'Pops & Drops'
Here are the 'Pops & Drops' stocks the crew on CNBC's Fast Money discussed Tuesday night. To read the recap of the full show, click here.
Pops --
General Motors
(GM) - Get Report
traded up 4%. Guy Adami says the 0% incentives are working.
Daimler
(DAI)
popped 4% on bullish sales. Karen Finerman likes the company buyback and the stock.
SunMicrosystems
(JAVA)
traded up 3%. Jeff Macke says you can stay long this stock for an investment.
Texas Instruments
(TXN) - Get Report
popped up 3% after announcing a new chip. Pete Najarian says don't listen to the bearish commentator Doug Kass; there's still room for the chip stocks to go higher.
Lehman Brothers
(LEH)
traded up 3%. Finerman says go with
Goldman Sachs
(GS) - Get Report
, which is best in class. (RealMoney Take: Jim Cramer recently said, "What happens if Goldman got VOL right, meaning that it was long volatility -- how do we know they don't do more than $21? Can you afford to be short that?" To read more on what Cramer said,
)
Drops --
Mattel
(MAT) - Get Report
fell 2% after the third Chinese recall hit the company's popular Barbie product. Macke says Mattel is in huge trouble for the Christmas season if it doesn't fix their problems quickly.
Dillard's
(DDS) - Get Report
dropped 7% after a UBS price cut. Macke says no rush to get long this stock.
Avis Budget Group
(CAR) - Get Report
fell 3%. Adami doesn't like the company or the stock.
Exelon
(EXC) - Get Report
traded higher as investors hope for a Fed rate cut on Sept. 18. Adami likes
Public Service Enterprises Group
(PEG) - Get Report
better.
Home Depot
(HD) - Get Report
fell on a disappointing dutch action. Finerman loves Home Depot and she owns it for the long term. Macke doesn't believe Home Depot is a short anymore.
Macke likes
Short Dow30 ProShares
(DOG) - Get Report
for a short play on the Dow. Finerman recommends
The Limited
(LTD)
. Adami likes Hewlett Packard. Najarian favors
HLTH
(HLTH)
.
To read the recap of the full Fast Money show, click here.
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