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Pops & Drops: Lowe's, Kroger...

Here are some moves you might have missed this week — Find out why shares of Lowe's popped while Kroger dropped.

POPS (stocks that jumped higher)

Salesforce.com (CRM) popped 16%: The "cloud computing" provider saw sales rise nearly 25% for the second-quarter, as it gained 5,100 new customers.

Jon Najarian, co-founder of optionMONSTER.com, regrets not being in this stock. If he was, he would have sold into strength.

Lowe's (LOW) popped 5%: Shares of the home improvement retailer rallied after the company reported a 9.6% increase in second-quarter earnings. Lowe's also received an upgrade to 'outperform' from FBR this week after its earnings release.

"The upgrade from FBR definitely helped this name," said Steve Grasso of Stuart Frankel. "I'm not convinced on the space, but I like the entry point."

Marvell (MRVL) popped 11%: The semiconductor company reported strong second-quarter earnings that showed profit rose to $219.8 million; Marvell also announced its board approved a buyback of up to $500 million in shares.

Guy Adami of Drakon Capital thinks there's upside to this stock, but would rather own Intel .

DROPS (stocks that slid lower)

Corinthian Colleges (COCO) dropped 32%: The for-profit school's stock fell after reporting earnings that missed Wall Street's expectations. On Monday, the government released a report stating that most students at for-profit schools were defaulting on their loans, which further damaged Corinthian's reputation.

Karen Finerman, president of Metropolitan Capital Advisors, called this stock a "falling knife." She wouldn't invest in this stock right now.

Kroger (KR) dropped 4%: The food retailer saw shares fall off after being downgraded from 'buy' to 'neutral' by Longbow Research.

Patty Edwards, principal at Storehouse Partners, would consider investing in this stock. She thinks it's a "nice, safe place to hide out."

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Trader disclosures for Aug. 20, 2010:

Guy Adami
Adami owns (AGU)
Adami owns (BTU)
Adami owns (NUE)
Adami owns (C)
Adami owns (GS)
Adami owns (INTC)
Adami owns (MSFT)
Adami’s wife works at Merck

Karen Finerman
Finerman owns (AAPL)
Finerman & Finerman's firm owns (BAC)
Finerman’s firm owns (KFT)
Finerman’s firm owns (HPQ)
Finerman’s firm owns (JCG)
Finerman & Finerman's firm owns (JPM)
Finerman’s firm owns (POT)
Finerman's firm is short (IJR)
Finerman's firm is short (MDY)
Finerman's firm is short (SPY)
Finerman's firm is short (IWM)
Finerman’s firm owns S&P 500 puts
Finerman’s firm owns Russell 2000 puts

Jon Najarian
***No Disclosures***

Steve Grasso
Grasso owns (ASTM)
Grasso owns (BA)
Grasso owns (BAC)
Grasso owns (C)
Grasso owns (CSCO)
Grasso owns (JPM)
Grasso owns (LPX)
Grasso owns (MO)
Grasso owns (MOT)
Grasso owns (NDAQ)
Grasso owns (PFE)
Grasso owns (PRST)

Stuart Frankel & Co and it’s partners own (BAX)
Stuart Frankel & Co and it’s partners own (COG)
Stuart Frankel & Co and it’s partners own (CUBA)
Stuart Frankel & Co and it’s partners own (DHR)
Stuart Frankel & Co and it’s partners own (DYN)
Stuart Frankel & Co and it’s partners own (GERN)
Stuart Frankel & Co and it’s partners own (HSPO)
Stuart Frankel & Co and it’s partners own (MERC)
Stuart Frankel & Co and it’s partners own (NWS.A)
Stuart Frankel & Co and it’s partners own (NYX)
Stuart Frankel & Co and it’s partners own (PDE)
Stuart Frankel & Co and it’s partners own (PFE)
Stuart Frankel & Co and it’s partners own (PRST)
Stuart Frankel & Co and it’s partners own (RDC)
Stuart Frankel & Co and it’s partners own (TBT)
Stuart Frankel & Co and it’s partners own (TLM)
Stuart Frankel & Co and it’s partners own (TRV)
Stuart Frankel & Co and it’s partners own (XRX)
Stuart Frankel & Co and it’s partners own (SDS)
Stuart Frankel & Co and it’s partners are short (QQQQ)

Patty Edwards
Patty Edwards owns (PM)
Patty Edwards owns (PM) for clients
Patty Edwards owns (INTC) for clients
Patty Edwards owns (HPQ) for clients
Patty Edwards owns (XOM) for clients
Patty Edwards owns (COP) for clients
Patty Edwards owns (CVX) for clients
Patty Edwards owns (AKAM) for clients
Patty Edwards owns (GE) for clients
Patty Edwards owns (AA) for clients
Patty Edwards owns (ALK) for clients
Patty Edwards owns (LEG) for clients

Doug Kass
***No Disclosures***

Jordan Rohan
Stifel, Nicolaus & Company, Inc. makes a market in the securities of Google Inc.
Stifel, Nicolaus & Company, Inc. or an affiliate managed or co-managed a public offering of securities for Google Inc. in the past 12 months.
Google Inc. is provided with investment banking services by Stifel, Nicolaus & Company, Inc. or was provided with investment banking services by Stifel Nicolaus or an affiliate within the past 12 months.
Google Inc. is a client of Stifel, Nicolaus & Company, Inc. or an affiliate or was a client of Stifel Nicolaus or an affiliate within the past 12 months.
Stifel, Nicolaus & Company, Inc. expects to receive or intends to seek compensation for investment banking services from Google Inc. in the next 3 months.
Stifel, Nicolaus & Company, Inc or an affiliate has received compensation for investment banking services from Google Inc. in the past 12 months

Michael Block
***No Disclosures***

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