'Fast Money' Pops and Drops: Google Keeps Its Mojo
Here's what CNBC's "Fast Money" traders had to say about some of the market's biggest movers on their "Pops and Drops" segment Tuesday.
Pops
(GOOG) - Get Report
was up 3%. Jeff Macke said the price action in Google is very bullish.
Wynn
(WYNN) - Get Report
and
Las Vegas Sands
(LVS) - Get Report
both popped. Pete Najarian said that there's a limit on gambling permits in the works that will give the casinos pricing power.
Zoran
(ZRAN)
jumped 14% Najarian said the stock had been beaten up, then volume turned around. Nice pop, he said.
Freeport-McMoRan
(FCX) - Get Report
climbed 3%. Guy Adami said copper prices could go up a lot. He said Lehman Brothers gave it a $200 price target. The stock is still cheap here, he said.
Drops
Unitedhealth
(UNH) - Get Report
dropped 10%. Adami said the company lowered guidance for the year but the stock is down since December. He recommended buying it here with a stop below $33.
BJ Services
(BJS)
lost 15%. Adami said the company had a bad miss. He said the stock has had a huge run and gets attractive at $26.
Netflix
(NFLX) - Get Report
fell 24%. Finerman said an increase in expenses for streaming video caused a "surprising reaction" from investors.
Lexmark
(LXK)
slipped 8%. Macke said it's hard to be in the undiversified printer business in a paperless world.
Capital One
(COF) - Get Report
fell 3%. Finerman said she doesn't know what happened, but she loves that it's down because her fund is short the stock.