Pops & Drops: Barnes & Noble, Palm...

Following are the day’s biggest winners and losers. Find out why shares of Barnes & Noble and Palm popped while Jacobs Engineering and Smith International dropped.

POPS (stocks that jumped higher)

Barnes & Noble (BKS) popped 7%. Supermarket mogul Ronald Burkle of Yucaipa bought 457,000 shares in the company, boosting his stake to roughly 17%. - I would not be in this name, says Karen Finerman.

Sina (SINA) popped 10%. The Chinese Internet company included commentary about signs of recovery as it reported third quarter results. - China ad spend is a very good story, says Tim Seymour.

Palm (PALM) popped 6%. Kaufman upgraded the smartphone maker to ‘buy’ from ‘hold’ saying worries over increased competition are overdone. Barclays also upgraded the company saying further downside to the stock is limited. - I'd play Apple instead, says Joe Terranova.

Saks (SKS) popped 4%. The luxury department store surprised the Street with an unexpected profit due to reduced inventories and expenses. - Signs of life, chuckles Karen Finerman.

Dillard’s (DDS) popped 9%. The department store beat on earnings with a surprise profit for the third quarter. - Good for them, says Pete Najarian.

Canadian Solar (CSIQ) popped 2%. The Chinese (not Canadian) solar company said third quarter profits more than doubled due to increased shipments to Germany. - The solar space looks to be alive and well, says Tim Seymour.

Hess (HES) popped 2%. UBS raised the oil giant to ‘buy’ from ‘neutral’ citing valuation and exploration catalysts next year. - I like Suncor better, says Joe Terranova.

DROPS (stocks that slid lower)

Jacobs Engineering (JEC) dropped 14%. The second largest US engineering firm missed on fourth quarter earnings and gave guidance below the Street’s views. - Backlogs are shrinking, explains Pete Najarian. That's no good.

Smith International (SII) dropped 13%. The oilfield services firm announced plans to issue 28 million shares in a public offering, adding to more than 219 million outstanding as of earlier this month, and use the proceeds for debt repayment, general corporate purposes and potential acquisitions or investments.

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Trader disclosure: On Nov. 17th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (POT), (NUE), (AAPL), (BAC), (EEM), (GE), (INTC); Finerman Owns (FLS); Finerman's Firm Owns (MSFT), (NOK), (PLCE), (TGT), (CBY), (BGC), (WMT); Finerman's Firm Owns (BKS) Puts ; Finerman's Firm Is Short (USO), (IJR), (MDY), (IWM), (UNG), (KFT); Finerman's Firm Owns (BAC) Preferred, (BAC), (BAC) Call Spreads; Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm Owns (FLS), Is Short (FLS) Calls; Finerman's Firm And Finerman Own (WFC) Preferred; Terranova Owns (POT), (SU), (AAPL), (GOOG); Terranova Owns Dec. Crude Oil . Futures; Terranova Owns Dec. Gold Futures; Terranova Owns Dec. Nat Gas Futures; Terranova Works For (VRTS) ; Najarian Owns (ANN) Call Spread; Najarian Owns (DTV) Calls; Najarian Owns (JRE) Calls; Najarian Owns (CLF) & (CLF) Calls ; Najarian Owns (AA) Call Spread; Najarian Owns (EXPE) Calls ; Najarian Owns (GE) Calls ; Najarian Owns (INTC) & (INTC) Calls ; Najarian Owns (LAZ) & short (LAZ) Calls ; Najarian Owns (MCD) Call Spread; Najarian Owns (QLOGIC); Najarian Owns (RIMM) Call Spread; Najarian Owns (YHOO) & (YHOO) Puts

For Nishu Sood
(TOL) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Owns (RYL)
(RYL) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Owns (PHM)
(PHM) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Owns (MTH)
(MTH) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Owns (MDC)
Deutsche Bank Owns (LEN)
(LEN) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Owns (KBH)
(KBH) Is an Investment Banking Client of Deutsche Bank

For Jeff Saut
Raymond James Owns (WMT)
Raymond James Received Compensation from (MO)
Raymong James Makes A Market in (AMSC)
Raymond James Received Compensation from (AIV)