'Fast Money' Pops & Drops: National-Oilwell's Gusher

National-Oilwell Varco soars on a 50% boost in earnings.

Author:: TSC Staff
Publish date:: Oct 23, 2008 6:24 PM EDT

Pops

National-Oilwell Varco

soared 9% after the company said its quarterly net income soared around 50%. Seymour said that at five times earnings, the stock is cheap and worth it.

Amazon.com

(AMZN) - Get Report

rose 1%. The online retailer said its profits climbed 48%, but the firm lowered its full-year sales outlook. Macke said to respect the price action.

Chipotle Mexican Grill

(CMG) - Get Report

surged 7% after the operator of Mexican food restaurants announced it plans to buy back $100 million worth of its stock. Najarian says "they have 19% sales growth, so you have to like them."

Drops

Hewlett-Packard

(HPQ) - Get Report

fell 6%. Adami mentioned that Goldman Sachs removed HPQ from its favorite list. He says "HPQ here is a value here, but it could get cheaper."

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