Skip to main content

'Fast Money' Pops and Drops: Up a Tree

The trading panel notes that Tree.com has popped but still doesn't merit a buy.

Before Melissa Lee started Pops and Drops, she brought up how

Anadarko Petroleum

(APC)

is up 3% after hours to $59.21, when it announced a $5 billion buyback program.

Pops

Tree.com

(TREE)

rose by about 3% to $8.19. J. Najarian said he likes how Interactive spinned off the company, but he said, "I don't like the business; stay away from the stock."

Drops

Lowe's

(LOW)

closed down by 3% to $24.14. Jon Najarian said the stock is facing some "upside resistance" after rising about 20% this past month. As a result, he suggests investors to stay away from the stock.

Ryder Systems

(R)

fell by 6% to $64.72. The stock closed down since Wachovia downgraded the trucking sector. Joe Terranova said that if "you have been long on the stock, you should take some profits."

General Electric

(GE)

fell by about 3% to $28.32. General Electric profited immensely from the success of covering the Olympics, but that did not make Pete Najarian bullish with the stock. Najarian said to "beware the stock, since it has some presence in the financial."

MGM Mirage

(MGM)

dropped 9% to $30.23. Guy Adami was blunt and simply said it is "not a good company right now."

Starbucks

(SBUX)

fell by 3% to $15.52. Terranova said this is "another name you should take off the table."

Healthways

undefined

sharply fell by 22% to $19.73. P. Najarian correlated the drop to the company issuing lower first-quarter guidance.

Cablevision

(CVC)

fell by 5% to $30.89. Adami said the stock could be interesting soon as be a buy.

Peter Garcia is a finance major at Seton Hall. He provides invaluable research support as an intern at TheStreet.com.