'Fast Money' Pops and Drops: Play Your Cards Right
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
NutriSystem
(NTRI) - Get Report
popped 24%. Guy Adami said there was a lot of short interest in the stock.
Chattem
( CHTT) was up 4%. Adami said the company voluntarily recalled its Icy Hot patch. The stock got obliterated on the news, he said. The stock has room on the upside, he said.
Visa
(V) - Get Report
jumped 5%. Jeff Macke said to buy
MasterCard
(MA) - Get Report
and sell Visa.
Drops
First Marblehead
(FMD)
plummeted 37%. Karen Finerman said that the guarantor of the company's student loans filed for bankruptcy. Stay away, she said.
The
iShares FTSE Xinhua China 25 Index ETF
(FXI) - Get Report
lost 3%. Pete Najarian said the stock has had a big run. He said Tim Seymour expects more pullbacks.
Garmin
(GRMN) - Get Report
slipped 8%. Jeff Macke said he loves the devices, but to sell the stock.
Flowserve
(FLS) - Get Report
was down 5%. Finerman said the stock was up the same amount yesterday. She said it may be approaching its price target on a valuation basis.
Agria
(GRO)
fell 38%. Najarian said the company is involved in corn as well as sheep embryos. The COO has to resign, he said. He counseled against trying to bottom-pick in this stock.