Pops & Drops: RailAmerica, Intuitive Surgical ...

Tuesday, 13 Apr 2010 | 5:56 PM ET

Following are moves you might have missed. Find out why shares of RailAmerica and Intuitive Surgical popped while CNOOC and Baker Hughes dropped.

POPS (stocks that jumped higher)

RailAmerica (RA) popped 4%. The company said its freight loads rose by almost 9% in March as compared to a year earlier. - I think it's a little expensive, says Guy Adami.

Stock Pops & Drops
The Fast Money traders take a look at todayâ??s biggest market movers.

Intuitive Surgical (ISRG) popped 4%. Investors may be playing this stock technically; it's trading right around its 50-day moving average. - It's also up over 250% over the past year, explains Pete Najarian, I'd pull back.

Crocs (CROX) popped 10%. Thomas Weisel raised the footwear company to ‘Overweight’ from ‘Market Perform’ citing opportunity for revenue growth.

Apollo Group (APOL) popped 4%. Investors bet that new regulations governing for-profit universities would favor this company.

JetBlue (JBLU) popped 8%. The airline projected stronger passenger traffic and revenue. - I think this company benefits from a United / US Airways merger, says Gary Kaminksy.

DROPS (stocks that slid lower)

CNOOC (CEO) dropped 2%. Weakness in oil as well as negative comments from Macquarie dragged down China’s biggest offshore oil and gas producer. - I like this stock, says Tim Seymour.

Baker Hughes (BHI) dropped 1%. Perhaps investors took profits as the company prepares to close on the purchase of its rival BJ Services for $6.6 billion. - In this space I like Rowan better, says Karen Finerman

Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap! If you'd prefer to make a comment but not have it published on our website send your e-mail to fastmoney@cnbc.com.

Trader disclosure: On April 13, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (CSX) call spread; Najarian Owns (LVS) call spread; Najarian Owns (JPM) call spread; Najarian Owns (BAC) Calls; Najarian Owns (C) Calls; Najarian Owns (CSX) Call spread; Najarian Owns (LVS) Call spread; Najarian Owns (JPM) Calls; Najarian Owns (PCX); Najarian Owns (TXN) Calls; Najarian Owns (VLO) Calls; Najarian Owns (YUM) Call Spread; Adami Owns (INTC), (GS), (AGU), (MSFT), (NUE), (BTU), (C) ; Finerman's Firm Is Short (IJR), (MDY), (IWM), (IYR); Finerman's Firm Owns S&P Puts; Finerman's Firm Owns (JPM); Finerman Own (JPM) ; Finerman Owns (BAC); Finerman's Firm Owns (BAC); Finerman's Firm Owns (BAC) Preferred; Finerman's Firm Owns (TGT); Finerman's Firm Owns (WFC) Preferred; Finerman Owns (WFC) Preferred; Finerman Owns (YUM); Seymour Owns (CHL), (DRYS), (GE), (BAC), (EEM), (F), (INTC), (LVS), (SBUX); Seymour's Firm Owns (POT)

For Patty Edwards
Edwards Owns (JPM) for Clients
Edwards Owns (INTC) for Clients|
Edwards Owns (GS) for Clients

For Citi analyst Donald Fandetti
Citi Owns (AXP)
Citi Owns (COF)
Citi Has Provided Baking Services To (AXP)
Citi Has Provided Baking Services To (MA)
Citi Has Provided Baking Services To (COF)
Citi Expects To Receive Compensation from (AXP), (V), (MA)
Citi Has Acted As Manager or Co-Manager Of Offering of (AXP), (COF)
Citi has Managed a Securities Offering of (YUM)
Citi Has Received Compensation from (YUM)
(YUM) is an investment banking client of Citi

  Price   Change %Change


Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report