Stocks On The Move: Garmin, Deere...
Following are the day’s biggest winners and losers. Find out why shares of Garmin (GRMN) and Deere (DE) popped while Yahoo (YHOO) and Pfizer (PFE) dropped.
POPS (stocks that jumped higher)
Garmin (GRMN) popped 5%. A Deutsche Bank analyst's research showed that Garmin's GPS navigation products were among the most popular items flying off the shelves on Friday. – Karen Finerman says it’s not a must-have stock, at least not for her.
Mattell (MAT) & Hasbro (HAS) popped 1% and 2% respectively. Is the Christmas toy scare are overblown? – “I think HAS is the cream of the crop,” says Jeff Macke.
Deere (DE) popped 1%. The farm equipment maker popped on an upgrade from Banc of America. – Guy Adami still likes this stock.
Paternity Tests. A company called Sorenson Genomics has started selling a paternity test kit at Rite Aid stores. This marks the first time a DNA test is being sold at a major pharmacy chain.
Gamestop (GME) popped 3%. Shares of the videogame retailer climbed back from a pre-Thanksgiving profit outlook plunge.
DROPS: (stocks that slid lower)
Yahoo (YHOO) dropped 4%. A Cyber Monday outage drove this stock lower, as Yahoo's small business transaction servers were off line from 6am on. – Guy Adami doesn’t like this stock.
Pfizer (PFE) dropped 3%. The Dow component, followed the blue chip index lower. – Pete Najarian doesn’t think the stock is a buy, until the company finds growth.
Newell Rubbermaid (NWL) dropped 8%. The maker of brands like Rolodex, Paper Mate and Sharpie said office product retailers had slowed their purchases from the company. – Karen Finerman says she’s not surprised.
Circuit City (CC) dropped 8%. It was a rollercoaster day for the electronics retailer which opened up at the bell on Black Friday optimism, but slid down by afternoon. – Stay away says Jeff Macke.
Tesoro (TSO) dropped 8%. Billionaire investor Kirk Kerkorian said Monday that the company's decision to adopt a "poison pill" shareholder rights plan could jeopardize his decision to acquire a 16% stake in the company.
Got something to say? Send us an e-mail at firstname.lastname@example.org and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to email@example.com.
Trader disclosure: On Nov. 26, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (DIS), (YHOO), (ATVI), (INTC), (HAS); Najarian Owns (AMTD) Options, (AMZN) Options, (GOOG) Options, (YHOO) Options, (CFC) Options, (BSC) Options; Finerman Owns (HD); Finerman's Firm And Finerman Own (GS); Finerman's Firm Owns (WMT), (YHOO), (KSS), (TSO); Finerman's Firm Owns (MSFT) Options; Finerman's Firm Owns S&P 500 Puts; Fienrman's Firm Owns (HD) And (HD) Puts; Finerman's Firm Is Short (SPY), (IWM), (MDY), (IYR), (IJR), (MBI), (LEN), (BIG); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts