'Fast Money' Pops and Drops: Stay in Home Depot

The hardware chain looks like a better buy than some bouncing stocks.
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 Friday.

Pops

Valero

(VLO) - Get Report

popped 10% this week. Jeff Macke said the refiners' margins are going to improve, according to analysts. They're going to have to improve, he said, so get out of the refiners.

Baidu

(BIDU) - Get Report

was up 20%. Pete Najarian said the

Google

(GOOG) - Get Report

of China has a higher price-to-earnings ratio than Google. He said players in the search space should stick with Google.

Lehman Brothers

(LEH)

jumped 16%. Guy Adami said the CEO said the worst is over for the broker.

Fannie Mae

climbed 9%. Karen Finerman said that liquidity is returning to the financials. Fannie Mae went along for the ride, she said.

Tyson Foods

(TSN) - Get Report

added 13%. Macke said that South Korea lifted its ban on U.S. mad cows. That works for Tyson, he said.

Ford

(F) - Get Report

gained 11%. Adami said the company saw increased demand for its Focus car. Things may be looking up for Ford, he said.

Tempur-Pedic

(TPX) - Get Report

tacked on 8%. Macke called the run a dead-cat bounce. Buy

Home Depot

(HD) - Get Report

instead, he said.

The

SPDR Homebuilders

(XHB) - Get Report

surged 4%. Adami said he'd rather own Home Depot.

ValueClick

(VCLK)

jumped 10%. Finerman said she likes the name and her fund is long the stock.

Dollar Tree

(DLTR) - Get Report

rocketed 7%. Macke said this play on the weak consumer works just fine.

Drops

Forest Labs

(FRX)

lost 10%. Najarian said the company's forecast is down because it's putting money into research and development. This news could be good for the long term, he said.

State Street

(STT) - Get Report

dropped 13%. Finerman joked that the company didn't announce a big enough loss.

Wynn

(WYNN) - Get Report

was down 5%. Najarian said the casino stocks are going to continue to go lower. Wait a while to get long, he said.

Intuitive Surgical

(ISRG) - Get Report

fell 13%. Najarian said the stock had a tough week. He said the company is having a little "hiccup" right now.