'Fast Money' Pops and Drops: Sysco's Bid
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 Monday.
Pops
Sysco
(SYY) - Get Report
popped 9%. Jeff Macke said the food service company is passing price increases along to customers. That's a good business, he said.
Apple
(AAPL) - Get Report
rose 2%. Karen Finerman said the company's earnings were pretty good.
Humana
(HUM) - Get Report
climbed 3%. Guy Adami said the company reported a good first quarter and raised guidance for the year. He said the last time the company did this, it slashed guidance a month later.
Nomura
(NMR) - Get Report
added 12%. Tim Seymour said the Japanese bank may be predatory in this environment. He said Japanese banks are worth a look.
RF Micro Devices
(RFMD)
jumped 4%. Adami said Jeffries upgraded the stock because the "Asian handset glut is over."
Drops
Goodyear
(GT) - Get Report
dropped 6%. Adami said a JPMorgan downgrade today meant the stock gave up gains from last week.
Alberto-Culver
(ACV) - Get Report
was down 7%. Seymour said the company reported better-than-expected earnings. The top line wasn't so good, so the stock got smacked, he said.
Gemstar
( GMST) tumbled 21%. Macke asked why anyone would bother with Gemstar stock.
Bebe
(BEBE)
went down 11%. Finerman said that fear of bad things to come was taking shares down. Look elsewhere for a retailer, she said.
Sealy
(ZZ)
slipped 6%. Macke said he told viewers to sell this on its previous pop.
Smurfit-Stone
( SSCC) lost 7%. Finerman said this is a recession stock, offering cardboard. She said
UPS
(UPS) - Get Report
guided lower, but she wasn't sure why the stock went down today.