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'Fast Money' Pops and Drops: JPM's a Gem

The trading panel says this is one to own for the long term.
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jumped 8% after Piper Jaffray upgraded the stock to a buy rating. Macke said to just trust the new price and go with it.

JPMorgan Chase

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traded up 13%. Thomson Reuters data showed that JPM was the world's top underwriter of stocks and bonds for the third quarter. Terranova said this stock is something you want to own in your portfolio for the long term.

Dr Pepper Snapple Group


popped 9%. Finerman explained that Snapple is going to be replacing



in the

S&P 500


Sovereign Bancorp


soared 69% after the stock caught a few upgrades and the company replaced its CEO. Adami said he wouldn't go rushing into this stock.



ripped 7% higher. Macke said tough times call for tough "pawnage."


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added 5%. Terranova said with oil at $100, people still need to use Schlumberger's equipment to find it. He says the oil story isn't over.

This article was written by a staff member of