Skip to main content
Publish date:

'Fast Money Pops and Drops': Coal Consoling

The crew's Pete Najarian says Consol Energy is leading a charge by coal stocks.

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 Wednesday.

Pops

CVRD

(RIO) - Get Rio Tinto Plc Report

popped 5%. Tim Seymour said to watch out for a

Freeport-McMoRan

(FCX) - Get Freeport-McMoRan, Inc. Report

acquisition.

Consol Energy

(CNX) - Get CNX Resources Corporation Report

rose 3%. Pete Najarian said Goldman Sachs upgraded coal stocks. Consol is leading the charge, and it has a lot more room to run, he said.

Drops

Jabil Circuit

(JBL) - Get Jabil Inc. Report

dropped 18%. Najarian said it missed on profit and sales and suffered four downgrades. Awful, he said.

TheStreet Recommends

Capital One

(COF) - Get Capital One Financial Corporation Report

ticked down 3%. Karen Finerman said there's more downside.

P.F. Chang's

(PFCB)

lost 9%. Macke said casual dining is not such a good space. Get out, he said.

The

SPDR S&P Homebuilders

(XHB) - Get SPDR S&P Homebuilders ETF Report

slipped 6%. Seymour said 13-year lows in home sales are not very good for the fund.

Charlotte Russe

(CHIC) - Get Global X MSCI China Communication Services ETF Report

tumbled 13%. Finerman said the company missed earnings and guided lower. Not a good stock, but nice ticker, she said.