'Fast Money' Pops and Drops: Quest for Profits
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
Quest Diagnostics
(DGX) - Get Quest Diagnostics Incorporated Report
popped 8%. Pete Najarian said the company beat on earnings and issued bullish guidance for 2008. He said he loves the diagnostics companies.
Jefferies
(JEF) - Get Jefferies Financial Group Inc. Report
was unchanged after a pop then a drop. Karen Finerman said the company got a capital infusion from Leucadia then bought shares of Leucadia.
Western Union
(WU) - Get Western Union Company (The) Report
was up 3%. Jeff Macke said to sell the stock and buy
MasterCard
(MA) - Get Mastercard Incorporated Report
or
Visa
.
TheStreet Recommends
Hess
(HES) - Get Hess Corporation Report
rose 7%. Najarian the stock continues to go higher. Today it broke through above its previous 52-week high.
Pilgrims Pride
(PPC) - Get Pilgrim's Pride Corporation Report
jumped 9%. Macke said to avoid companies that make eggs and buy the dips on companies that make chicken.
Drops
National City
(NCC)
dropped 28%. Finerman said the company's capital infusion is a horrific deal for shareholders. She says that any stock in the space is better than National City.
Sears Holdings
(SHLD)
was down 7%. Macke said no one's going to Sears.
Eaton
(ETN) - Get Eaton Corporation PLC Report
fell 3%. Guy Adami said the company reported a good first quarter and raised guidance. It announced it was pricing a secondary offering, which will put pressure on the stock. He recommended buying the secondary.
Amylin
(AMLN)
stumbled 10%. Najarian said the stock is a buy on the pullback.
China Mobile
(CHL) - Get China Mobile Ltd. Report
lost 2%. Adami said people are taking profits in the name. China Moblie is a real growth story, he said.
Thornburg Mortgage
(TMA)
slipped 3%. Finerman said the stock is not for her.
Centex
(CTX)
tumbled 4%. For a homebuilding play, Adami said, get into
Home Depot
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.