Skip to main content

'Fast Money' Pops and Drops: Safeway Not So Safe

The supermarket stock is making new lows, but the trading panel says it's no bargain.
  • Author:
  • Publish date:

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 Wednesday.


Johnson Controls

(JCI) - Get Johnson Controls International plc Report

popped 6%. Guy Adami said revenue was up. He said investors who want to play autos should buy auto-parts names. He'd rather play

Borg Warner

(BWA) - Get BorgWarner Inc. Report

, he said.


(AMR) - Get Alpha Metallurgical Resources Inc. Report

jumped 4%. Pete Najarian said he's long the stock, but it's a long-term hold.

CSX Corp.

(CSX) - Get CSX Corporation Report

ticked up 4%. Adami said the company's volume was down, but revenues per unit were up. This means the company has pricing power, he said.

Banco Bradesco

(BBD) - Get Banco Bradesco Sa American Depositary Shares Report

climbed 5%. Tim Seymour said the company has a $65 billion market cap, and UBS upgraded Brazil today.

Scroll to Continue

TheStreet Recommends



rose 11%. Najarian said the stock is going higher.

Knight Capital


surged 12%. Adami said the company has a great CEO. The company is buying back stock, and Knight actually looks interesting, he said.


(MOV) - Get Movado Group Inc. Report

went up 5%. Carter Worth said the stock jumped on an upgrade, but the chart is in an established downtrend. Stay away, he advised.

Titanium Metals


added 9%. Seymour said the stock has a great fundamental story behind it. He said today's rally was short-covering.


Sallie Mae

(SLM) - Get SLM Corporation Report

dropped 7%. Najarian said the student loan business is a tough game. He said the government is reducing subsidies and Morgan Stanley said it doesn't like the stock.

Mobile Telesystems

(MBT) - Get Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares of) Report

was down 10%. Seymour said the Russian cellular company is the largest cell play in eastern Europe. Buy Mobile Telesystems and sell



, he said.



lost 5%. Worth said the stock is making lows, and viewers should stay away.



plummeted 29%. Worth said the company's letters of credit were pulled by HSBC and Bank of America.