'Fast Money' Pops and Drops: Quest for Profits

The diagnostics company beats estimates and draws cheers from the trading panel.

Author:
Mike Taylor
Publish date:
Apr 21, 2008 7:15 PM EDT

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

Visa

(V) - Get Visa Inc. Report

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TRAVEL

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Hess

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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