Chesapeake Energy

(CHK) - Get Report

rose 6% ahead of their earnings report set for Thursday. Najarian said every time this stock trades below $20 per share, it spikes higher.

Legg Mason

(LM) - Get Report

soared 30% after the asset management company beat estimates by 45%. Macke says "the move was huge and impressive."

Apple Computer

(AAPL) - Get Report

jumped 4%. Adami explained that Sanford C. Bernstein & Co. came out and said Apple should use its cash to buy back the stock.

First Solar

(FSLR) - Get Report

surged 16% in after-hours trading. The alternative energy company said it doubled revenue and income for the third quarter. Najarian says, "you have to like what is going on at First Solar."


Johnson & Johnson

(JNJ) - Get Report

dropped 4% after JPMorgan downgraded the stock, saying it's overvalued. Adami mentioned that


recently said the stock was the cheapest it's been in 10 years. He says "somebody is wrong, but I don't know what it is."

Kraft Foods

( KFT) fell 1%. Seymour mentioned that Kraft is attractive because its cost basis is dropping, and it won't be cutting prices anytime soon.


(SNE) - Get Report

traded down 4% after the consumer electronics maker said quarterly profits plunged 72%. Seymour said nobody is buying electronics and a stronger yen will make it nasty for Sony.

This article was written by a staff member of TheStreet.com.