'Fast Money' Pops and Drops: A Parachute Play on Airlines - TheStreet

'Fast Money' Pops and Drops: A Parachute Play on Airlines

The trading panel says you can get in on airline stocks for a pop, and then bail out.
Author:
Publish date:

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

Foot Locker

(FL) - Get Report

popped 5%. Jeff Macke said the CEO expects improving profitability. Macke expressed skepticism.

Coca-Cola

(KO) - Get Report

jumped 3%. Tim Seymour said it was a big week for beverage stocks.

Drops

Airlines dropped 20%. Jon Najarian said investors can buy the stocks for a quick pop, then get out.

Home Depot

(HD) - Get Report

lost 8%. Guy Adami said he likes Home Depot on the dip.

Moody's

(MCO) - Get Report

fell 24%. Macke said the company has to justify its existence. He added that he's not kidding when he says that.

China Mobile

(CHL) - Get Report

slipped 9%. Seymour said the company is being forced into the fixed-line business, which isn't good for it.

Chesapeake Energy

(CHK) - Get Report

plummeted 11%. Najarian said the company is diluting the stock.

JPMorgan

(JPM) - Get Report

slumped 9%. Adami said the stock had had a nice run and is retracing now. He said he thinks JPM is interesting.