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Pops & Drops: Schlumberger, Hertz Global

Following are moves you might have missed. Find out why shares of Schlumberger and Hertz Global popped while Pulte and Massey Energy dropped.

POPS (stocks that jumped higher)

Schlumberger (SLB) popped 2%.
Raymond James upgraded the company to 'strong Buy' while JPMorgan initiated cover at 'Overweight' citing a compelling valuation. - I like the stock, says Jon Najarian. But I like RDC more.

InterOil (IOC) popped 4%. Morgan Stanley said the recent sell-off in the stock made the name “more compelling.” - If you're in it I'd stay with it, says Joe Terranova. If you're not don't buy here.

Hertz Global (HTZ) popped 10%. Northcoast Research analyst John Healy upgraded its shares to Buy’ from ‘Neutral’ and slapped the stock with a $14 price target citing improved business travel. - That's good, says Gary Kaminsky.

Netflix (NFLX) popped 4%. Chatter suggested that the Netflix app was among the most popular on Apple’s new iPad.

Papa John's (PZZA) popped 7%. Stifel Nicolaus upgraded the stock to ‘Buy’ from ‘Hold” citing better sales and lower than expected costs. - In the space I like Dominoes better, says Brian Kelly.

DROPS (stocks that slid lower)

Pulte (PHM) dropped 3%. Stifel Nicolaus initiated coverage of the homebuilder with ‘Sell’ rating citing uncertainties. - Of all the homebuilders, I like this one best, counsels Karen Finerman.

Massey Energy (MEE) dropped 11%. As you may have heard, 25 people were killed by a huge explosion in an underground coal mine in WV, but you may not have heard that the mine is owned by Massey Energy. It’s being called the worst US mining disaster since 1984.




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Trader disclosure: On Apr 6, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Kelly Owns (FXE) Puts; Kelly Owns (FRE); Profit And His Firm Own (AAPL); Profit And His Firm Own (RIMM); Profit And His Firm Own (JPM); Profit And His Firm Own (GS); Jon Najarian Owns (AMZN), Is Short (AMZN) Calls; Jon Najarian Owns (SLB), Is Short (SLB) Calls; Jon Najarian Owns (WFT), Is Short (WFT) Calls; Jon Najarian Owns (AA), Is Short (AA) Calls; Jon Najarian Owns (AKS) Call Spreads; Jon Najarian Owns (X) Call Spreads; Jon Najarian Owns (NUE) Call Spreads; Jon Najarian Owns (RTP) Call Spreads; Jon Najarian Owns (BHP) Call Spreads; Jon Najarian Owns (AAPL) Call Spreads; Jon Najarian Owns (RIMM) Call Spreads; Jon Najarian Owns (MBI); Jon Najarian Owns (C) Preferred; Jon Najarian Owns (BAC) Preferred; Jon Najarian Owns (JPM) Preferred; Jon Najarian Owns (MS) Preferred; Jon Najarian Owns (WFC) Preferred; Jon Najarian Owns (AAPL) Call Spreads; Jon Najarian Owns (CMC) Call Spreads; Jon Najarian Owns (FCX), Is Short (FCX) Calls; Jon Najarian Owns (GS), Is Short (GS) Calls; Jon Najarian Owns (PDE); Jon Najarian Owns (RIG), Is Short (RIG) Calls; Jon Najarian Owns (RIMM), Is Short (RIMM) Calls; Jon Najarian Owns (WMT) Preferred; Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM); Finerman's Firm Is Long S&P Puts; Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Leaps; Finerman Owns (BAC), (BAC) Preferred; Finerman's Firm And Finerman Own (JPM); Finerman Owns (PDE); Finerman's Firm And Finerman Own (RIG); Finerman's Firm Is Short (SPY); Finerman's Firm Owns (USO); Finerman's Firm And Finerman Own (WFC) Preferred; Finerman's Firm Owns (WMT)

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 (XLU)
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 (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLI)

For Brian Kelly
Kanundrum Capital Owns (AWI)
Kanundrum Capital Owns (NWL)
Kanundrum Capital Owns (CCI)
Kanundrum Capital Owns (CCJ)
Kanundrum Capital Owns (PTV)
Kanundrum Capital Owns (TSL)
Kanundrum Capital Owns (TXN)
Kanundrum Capital Owns (FNM)
Kanundrum Capital Owns (FRE)
Kanundrum Capital Owns (BX)
Kanundrum Capital Owns (GFI)
Kanundrum Capital Is Long U.S. Dollar
Kanundrum Capital Is Short Treasuries
Kanundrum Capital Is Short Yen
Kanundrum Capital Is Short Euro
Kanundrum Capital Is Short Pound

For Steve Cortes
Cortes Is Short Treasuries

For Doug Sipkin
Ticonderoga Securities Is A Market Maker In (LM), (TROW), (JNS), (BLK), (BEN)

For Ian Hague
Firebird Management Owns (LUK)
Firebird Management Owns (WBD)
Firebird Management Owns (NOD)
Firebird Management Owns TNKBP
Firebird Management Owns (BKGGF)
Firebird Management Owns (KKB)

For Regis Philbin
Regis Philbin Owns (BAC), (DIS), (EMC), (HES), (PHM), (PFE)
Regis Philbin Works For Disney

Symbol
Price
 
Change
%Change
PHM
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PZZA
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NFLX
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HTZ
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SLB
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