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'Fast Money' Pops and Drops: CVS Looks Healthy

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

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 CVS Health Corporation Report

popped 3%. Jeff Macke said Goldman Sachs analysts said

Wal-Mart's

(WMT) - Get Walmart Inc. 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 Freeport-McMoRan, Inc. 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 Intrepid Potash, Inc. Report

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

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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 United States Steel Corporation Report

was up 6%.

LDK Solar

(LDK)

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

Drops

General Motors

(GM) - Get General Motors Company 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 Churchill Downs Incorporated 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

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