Pops & Drops: GE, Toyota, Abercrombie, Dell...
Some big names are in today's round of Pops & Drops, including GE, Dell, Toyota, Ambercrombie & Fitch, Saks and others. Find out which ones popped -- and which dropped.
General Electric (GE) Pops 6%
Tim is excited about GE (the parent company of NBC Universal and CNBC is a subsidiary of NBC) and its industrial business in China, such as on the turbine front.
Dell (DELL) Pops 5%
Jon: "I like technology a lot" and he thinks this is one of the undervalued names in the industry currently.
Tyco Electronics (TEL) Pops 11%
Karen: While it's a name that hasn't been mentioned lately, this utility is "very sensitive" to the industrial space, which everyone wanted a piece of today. A "big pop."
Saks (SKS) Pops 29%
Macke calls this a perfect case of a retail name you should sell. The stock dropped following last year's failed buyout, and has rebounded but 29% is "too big a move for anyone," he feels.
Toyota (TM ) Pops 5%
Tim's been watching the Japanese automaker. "It looks like it could run."
American Eagle (AEO) Pops 12%
Jon notes this stock has done *very* well but even after "the nice ride," he feels it's time to say "adios."
Ultrashort 20 Year Treasury ETF (TBT) Pops 2%
Karen thinks with all the treasurys coming to market, this one will continue rising for a while.
SPDR Homebuilders ETF ( XHB) Pops 6%
Continuing yesterday's pop from the announced merger of Pulte and Centex, the homebuilders ETF rallied today.
Gymboree (GYMB) Pops 26%
Karen: "This is what happens in a crowded, short theater when somebody yells 'fire.' -- ridiculous."
CostCo (COST) Drops 2%
Macke: "This is not much of an opportunity" but may be worth a look.
Abercrombie & Fitch (ANF) Drops 4%
"The world's creepiest retailer" (according to Macke) are down with uneven same-store sales, and has finally "paid off for shorts."
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Trader disclosure: On Apr 9th, 2009, 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 (WFC), (AAPL), (WMT), (GS), (GE); Seymour Owns (AAPL), (AA), (BAC), (BX), (EEM), (FCX), (MSFT), (RIO); Seymour's Firm Owns (PBR); Najarian Owns (AXP), (BIIB) Calls, (DELL), (HUM) Calls, (JPM), (NTRS), (TTWO), (VAR), (TXT), (WFC); Finerman's Firm Is Short (IJR), (MDY), (SPY), (USO), (IWM), (BAC), (BBT); Finerman's Firm Owns (BAC) Preferred, (AXP), (MSFT), (RIG), (WFC) Preferred, (UNH); Finerman Owns (BAC) Preferred; Finerman's Firm Is Short (BBT), (WFC)