'Fast Money' Pops and Drops: Don't Go Hog Wild
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 Tuesday.
Pops
Student Loan Corp.
(STU)
popped 14%. Karen Finerman said it was because the Senate is trying to help student lenders.
Smithfield Foods
(SFD)
added 8%. Jeff Macke said this stock has been beaten like a hog and is finally getting some back. He said to stay away.
Compuware
(CPWR)
jumped 11%. Pete Najarian said that the company raised estimates beyond expectations.
Charles Schwab
(SCHW) - Get Charles Schwab Corporation (The) Report
was up 9%. Guy Adami said he saw good action from the company.
Walter Industries
(WLT)
climbed 3%. Najarian said the coal stocks are moving higher.
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Zale
(ZLC)
went up 10%. Finerman said the move was "perplexing."
Drops
Forest Labs
(FRX)
dropped 9%. Adami said the quarter wasn't a disaster but 2009 guidance was. It'll become value play at some point, but not yet, he said.
Manitowoc
(MTW) - Get Manitowoc Company Inc. (The) Report
was down 9%. Najarian said investors don't like that it bought a fryer company. They would like to see the company settle on its crane business, he said.
Las Vegas Sands
(LVS) - Get Las Vegas Sands Corp. Report
lost 7%. Adami said casino names are hurting right now.
Capital One
(COF) - Get Capital One Financial Corporation Report
went down 2%. Finerman said her hedge fund is short the name. It's reporting earnings on Thursday, she said.
Northrop Grumman
(NOC) - Get Northrop Grumman Corporation Report
gave up 7%. Macke said
Lockheed Martin
(LMT) - Get Lockheed Martin Corporation Report
is more interesting.
