'Fast Money' Pops and Drops: CVS Looks Healthy - TheStreet

'Fast Money' Pops and Drops: CVS Looks Healthy

The trading panel says Wal-Mart won't hurt the drugstore chain.
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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

CVS Caremark

(CVS) - Get Report

popped 3%. Jeff Macke said Goldman Sachs analysts said

Wal-Mart's

(WMT) - Get Report

expansion into the generic drug market isn't going to hurt CVS.

Walter Industries

(WLT)

climbed 12%. Pete Najarian said the stock was dragged up with metallurgic coal. He said the stock is in the right spot at the right time.

Freeport-McMoRan

(FCX) - Get Report

soared 5%. Guy Adami said this has been a monster stock. "I think it's going up to $150," he said.

Intrepid Potash

(IPI) - Get Report

jumped 8%. Najarian said the ethanol boondoggle is not over. These things have run, though, so take some profits, he said.

Melco

(MPEL)

rose 7%. Karen Finerman said a

Barron's

article highlighted the stock as a profitable way to play Macau. She expressed skepticism.

U.S. Steel

(X) - Get Report

was up 6%.

LDK Solar

(LDK)

pumped up 5%. Najarian said let's not go nuts just yet.

Drops

General Motors

(GM) - Get Report

dropped 4%. Adami said the company's April sales were "atrocious." He said he's not a GM fan.

Amcac

(ABK)

fell 9%. Finerman said to avoid the bond insurer space.

Limited Brands

(LTD)

went down 5%. Macke said this company will not do well. The retailers have had a nice run. Time to move along, he said.

Churchill Downs

(CHDN) - Get Report

lost 5%. Macke said it was a tough weekend for the Kentucky Derby after a downgrade Friday. He's not liking the story, he said.

Fannie Mae

(FNM)

slipped 4%. Finerman said investors are expecting pain when the company reports earnings tomorrow.