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'Fast Money' Pops and Drops: Up on the Farm

The trading panel says Monsanto and other ag stocks have been 'on fire.'

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 Thursday.

Pops

Home Depot

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popped 3%. Karen Finerman said the company had its analyst day. She said the company has a great business and a great balance sheet but is facing headwinds.

Anheuser-Busch

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soared 2%. Jeff Macke said the company suggested that $65 a share might be a fair price for potential acquirer InBev to pay.

Nvidia

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climbed 3%. Guy Adami said it's a good company and it got its fifth upgrade in a month. He said

Intel

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would do well to buy Nvidia.

Monsanto

(MON)

jumped 5%. Najarian said ag names have been on fire.

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Level 3

(LVLT)

surged 13%. Adami said there's large short interest in the name, as well as room on upside.

Tercica

(TRCA)

doubled. Adami said the company got bought.

Drops

Smithfield Farms

(SFD)

dropped 6% Macke said it's a tough time for the food-processing business.

Regeneron

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lost 20%. Najarian said that a couple of downgrades and bad news about the company's FDA prospects hit the stock.

Jackson Hewitt

(JTX)

fell down 6%. Macke said the company withdrew all guidance, and that's never good news.

Vale Resorts

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lost 5%. Najarian said the stock got an upgrade the other day. He said the stock should suffer from here.