Pops & Drops: Burger King, Berkshire Hathaway...

Following are the day’s biggest winners and losers. Find out why shares of Burger King and Abercrombie & Fitch popped while Berkshire Hathaway B’s and Akamai dropped.

POPS (stocks that jumped higher)

Burger King (BKC) popped 3%. The company posted higher-than-expected quarterly profit on Thursday, helped by its $1 double cheeseburger promotion. - I think it pulls back more but I'm still bullish long term, says Steve Grasso.

Abercrombie & Fitch (ANF) popped 4%. The company posted growth of 8% for January same-store sales, when analysts expected a 8.4% drop.

DROPS (stocks that slid lower)

Berkshire Hathaway B’s (BRK.B) dropped 3%. Standard & Poor's dropped its ratings on Berkshire and its core subsidiaries from the top-level AAA to AA+ citing the acquisition of Burlington Northern. - I would be a buyer of the dip, says Karen Finerman.

Akamai (AKAM) dropped 4%. The company’s profit forecast wasn’t as strong as investors hoped it would be. - This stock is a little broken, explains Jon Najarian. I wouldn't get long until $24.

Steel Dynamics (STLD) dropped 7%. Profits at the company trailed analysts’ estimates due to lower shipments and margin compression at its metals recycling segment. - I'd be a buyer on a larger pullback, says Joe Terranova.

Massey Energy (MEE) dropped 8%. Despite announcing potential new deals with China, investors were more focused on the threat a stronger dollar poses to the price of coal. - I'd stay away near term, but take another look in about a month, says Steve Grasso.

Yum! Brands (YUM) dropped 6%. Profits topped Street expectations but shares slipped after same-store sales at international restaurants fell short of its target. - The long term story remains in tact, says Karen Finerman. I'd be a buyer.

Las Vegas Sands (LVS) dropped 7%. An off the cuff by President Obama dragged down this and other casino names. When speaking about the economy Wednesday the President said, “You don’t go buying a boat when you can barely pay your mortgage. You don’t blow a bunch of cash on Vegas when you’re trying to save for college. You prioritize. You make tough choices.” - In the space I'd be an aggressive buyer of MGM and Wynn, says Jon Najarian.

Delta Airlines (DAL) dropped 8%. JPMorgan downgraded airline stocks to neutral from overweight, saying they have “run their course.” - I'm also a seller, says Joe Terranova.

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Trader disclosure: On February 4th, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Jon Najarian Owns (AAPL) Collar; Jon Najarian Owns (AXP) Collar; Jon Najarian Owns (BAC); Jon Najarian Owns (C); Jon Najarian Owns (CSCO), Is Short (CSCO) Calls; Jon Najarian Owns (JPM); Jon Najarian Owns (PG), Is Short (PG) Calls; Jon Najarian Owns (QCOM) Call Spreads; Jon Najarian Owns (WFC); Jon Najarian Owns (WMT), Is Short (WMT) Calls; Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM), (UNG), (USO); Finerman Owns (AAPL); Fineramn's Firm Owns (BAC) Leap, (BAC); Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm Owns (WFC) Preferred; Finerman's Firm And Finerman Own (GOOG); Finerman's Firm Owns (KFT), (PLCE), (TGT), (WMT), (YUM); Grasso Owns (ABK), (AAPL), (ASTM), (BAC), (BGP), (C), (COST), (CSCO), (FAZ), (PFE), (PRST), (WMT), (V); Terranova Owns (BAC), (JPM), (OIH), (GOOG), (EMC), (AAPL), (DELL), (MSFT); Terranova Is Short (OIH) Feb. Calls; Jon Najarian Owns (WYNN)
Jon Najarian Owns (PG); Finerman's Firm And Finerman Own (CVS)

For Steve Grasso:
Stuart Frankel & Co. Inc. And Its Partners Own (ABX)
Stuart Frankel & Co. Inc. And Its Partners Own (CUBA)
Stuart Frankel & Co. Inc. And Its Partners Own (GERN)
Stuart Frankel & Co. Inc. And Its Partners Own (GLG)
Stuart Frankel & Co. Inc. And Its Partners Own (HSPO)
Stuart Frankel & Co. Inc. And Its Partners Own (NWS.A)
Stuart Frankel & Co. Inc. And Its Partners Own (NXST)
Stuart Frankel & Co. Inc. And Its Partners Own (NYX)
Stuart Frankel & Co. Inc. And Its Partners Own (PDE)
Stuart Frankel & Co. Inc. And Its Partners Own (PRST)
Stuart Frankel & Co. Inc. And Its Partners Own (RDC)
Stuart Frankel & Co. Inc. And Its Partners Own (ROK)
Stuart Frankel & Co. Inc. And Its Partners Own (TLM)
Stuart Frankel & Co. Inc. And Its Partners Own (TOL)
Stuart Frankel & Co. Inc. And Its Partners Own (XRX)
Stuart Frankel & Co. Inc. And Its Partners Are Short (QQQQ)
Stuart Frankel & Co. Inc. And Its Partners Are Short (CL)

For Joe Terranova
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (CLB)
Virtus Investment Partners Owns More Than 1% Of (DLR)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (SKT)

For Brian Kelly
Kelly Owns (FXE) Puts
Kelly Owns (SPY) Puts
Kanundrum Capital Is Long U.S. Dollars vs. Short Euros
Kanundrum Capital Is Long Dollar vs. Short Swiss Franc
Kanundrum Capital Is Long Dollars vs. Short Yen
Kanundrum Capital Owns (WMT)