'Fast Money' Pops and Drops: Hey Abbott
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 Friday.
Pops
Abbott Labs
(ABT) - Get Report
popped 6%. Pete Najarian said the company produced great results this week. He said the stock is going higher but carries lots of risk.
Starbucks
(SBUX) - Get Report
was up 7%. Don't chase this stock, Jeff Macke said.
Advance Auto Parts
(AAP) - Get Report
jumped 15%. Guy Adami said the best auto parts play is
Borg Warner
(BWA) - Get Report
.
Altria
(MO) - Get Report
rose 7%. Karen Finerman said the company spun off its U.S. business, and it's working.
Genentech
(DNA)
ticked up 2%. Najarian said the company has strong drugs for fighting cancer.
Motorola
(MOT)
surged 3%. Adami said Carl Icahn increased his stake in the company. He said the stock is still expensive and investors should stay away.
OfficeMax
(OMX)
soared 8%. Najarian said the pop came after a long downtrend, so he cautioned investors against getting too excited.
Drops
CBS
(CBS) - Get Report
dropped 4%. Macke said the CNet acquisition wasn't a great idea.
Dillard's
(DDS) - Get Report
was down 4%. Finerman said the family that runs the company bears no accountability.