Pops & Drops: Dell, Boeing...

Thursday, 6 Jan 2011 | 5:40 PM ET

Following are moves you might have missed. Find out why shares of Dell and Boeing popped while Massey and Children’s Place dropped.

POPS (stocks that jumped higher)

Dell (DELL) popped 2%. Perhaps investors were impressed by the company’s new 7-inch touchscreen tablet, which debuted at CES; it will run on T-Mobile's high-speed 4G network. - I don't like Dell, says Joe Terranova.

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

Boeing (BA) popped 2%. News from the plane maker was mixed with net orders sharply higher than they were a year ago, however on a negative note it delivered 462 planes in 2010, meeting its target for the year but down from 481 in 2009. - I'm looking for more appreciation in this name, says Anthony Scaramucci.

Toll Brothers (TOL) popped 5%. Barclays upgraded the stock to ‘Overweight’ from ‘Equal Weight’ and lifted its price target to $23 citing an expected increase in home sales in 2011. - If you're long and we get a good jobs number, I'd sell the strength, says Brian Kelly.

DROPS (stocks that slid lower)

Massey (MEE) dropped 4%. The company said when it reports earnings on February 1st, results will be hurt by lower-than-expected production and shipments and by charges related to the former CEO's retirement. - Demand is still strong, reminds Stephen Weiss, and that's what matters.

Children’s Place(PLCE) dropped 4%. Buckingham downgraded the stock to ‘Neutral’ from ‘Buy” according to a wire report. - I think the sell-off is an opportunity, says Karen Finerman. I'm long.

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 Web site send your e-mail to fastmoney@cnbc.com.


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