Fast Money 'Pops and Drops': Sunoco - TheStreet

Fast Money 'Pops and Drops': Sunoco

With today's drop, a trader says the stock's a buy at these price levels.
Publish date:

Here's what


"Fast Money" traders had to say about some of the market's biggest movers on their "Pops and Drops" segment.



(M) - Get Report

was up about 5% to $16.28. Jeff Macke did not see any reason to be bullish with Macy's.



was up 5% to $61.92. Seymour said the company is benefiting through its cost savings. He likes the name very much.

Hovnanian Enterprises

(HOV) - Get Report

was up about 3% to $4.95. Finerman said the movement had to do with "a lot of insider buying" but said she would not go near it.


(OC) - Get Report

was up 5% to $21. Terranova said the stock was up since it was upgraded by Morgan Keegan.



was up about 3% to $25.40. Macke made some jokes correlating the stock with China. Although he does feel there is a demand for Coach's products, at least for now, that could change in the near term.

Canadian Solar

(CSIQ) - Get Report

surged up 18% to $38.39. Seymour said the rally had to do with the company beating earnings and raising its outlook. He said he likes this Chinese solar company as well as

Trina Solar


, which he owns.

Allegheny Technology

(ATI) - Get Report

rose 10% to $55.21. Finerman said upward movement was the result of the company raising its second-quarter forecast. She was impressed and simply stated, "Well done."



(SUN) - Get Report

was down about 4% to $33.29. Terranova said with stocks like Sunoco, "you can step in and buy some" at these price levels.

Airlines were down today as Fitch Ratings gave a negative outlook for the industry due to high fuel costs. Joe Terranova was not completely bearish on the whole sector, stating he likes

Southwest Airlines

(LUV) - Get Report


Banco Santander


was down about 2% to $17.65. Tim Seymour likes the company, saying its "well-positioned."

Starwood Hotels


was down about 8% to $31.63. Karen Finerman, said

Goldman Sachs

(GS) - Get Report

put the company on its conviction sell list. Although she said it was probably too late for Goldman since the stock is down about 30% for the past three months.



was down 3% to $12.97. Macke said this is not one of the fast food restaurants he recommends, such as


(MCD) - Get Report

. Therefore he said "sell it."

This article was written by a staff member of