Go Symbol Lookup
Loading...

Pops & Drops: AMR, OptionsXpress...

 Text Size  
Published: Monday, 21 Mar 2011 | 5:38 PM ET
Lee Brodie By: | Producer

Following are moves you might have missed. Find out why shares of AMR and OptionsXpress popped while American Tower dropped.

POPS (stocks that jumped higher)

AMR Corp. (AMR) popped 3%. A Morgan Stanley analyst made positive comments about American as well as rivals Delta and US Airways. - I'd stay away, says Steve Cortes.

OptionsXpress (OXPS) popped 16%. Charles Schwab said it would buy the company for $1 billion, a 17% premium to Friday’s close. - If you're long take profits, says Brian Kelly.

Potash (POT) popped 3%. Goldman Sachs upgraded the stock to ‘Buy’ from ‘Neutral’ with a $58 price target citing its “strong leverage to the nutrient potash.” - I agree, says Tim Seymour.

Tiffany (TIF) popped 5%. The company reported better-than-expected fourth-quarter profit and its forecasts topped expectations despite the negative impact of the Japan quake. - I'm a buyer, says Guy Adami.

Archer Daniels (ADM) popped 3%. Investors were cheered by word the company had hired an industry veteran in the newly created role of chief operating officer. - That suggests they have a succession plan in place, says Stephen Weiss.

DROPS (stocks that slid lower)

American Tower (AMT) dropped 8%. Raymond James downgraded the stock to outperform from strong buy, on the wake of the AT&T / T-Mobile merger. Analysts say the deal could effectively eliminate an additional "4G" wireless network from being built, and as a result slow the demand for towers. - I think this is very bad news for American Tower, says Steve Cortes.




______________________________________________________
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.


Trader disclosure: On March 21, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Guy Adami is long (AGU); Guy Adami is long (C); Guy Adami is long (GS); Guy Adami is long (MSFT); Guy Adami is long (NUE); Guy Adami is long (INTC); Guy Adami is long (BTU); Steve Cortes is long (TM); Steve Cortes is long (GS); Steve Cortes is long (CSX); Steve Cortes is long (SDY); Steve Cortes is long (SO); Steve Cortes is long (S); Steve Cortes is long Crude Oil; Steve Cortes is short (F); Steve Cortes is short (C); Steve Cortes is short (UNP); Steve Cortes is short (SPY); Steve Cortes is short (DBA); Steve Cortes is short Wheat; Steve Cortes is short Soybeans; Steve Cortes is short AUD/USD; Steve Cortes is short CAD/USD; Steve Cortes is short EUR/USD; Tim Seymour is long (T); Tim Seymour is long (CCJ); Tim Seymour's firm is long (POT); Stephen Weiss is long (MSFT); Stephen Weiss is long (VZ); Stephen Weiss is long (QCOM); Stephen Weiss is long (CF); Stephen Weiss is long (JPM); Stephen Weiss is long (FAS); Stephen Weiss is long (HBAN); Stephen Weiss is long (HPQ); Stephen Weiss is long (MEE); Stephen Weiss is long (CNX); Stephen Weiss is long (DVN); Stephen Weiss is long (COP); Stephen Weiss is long (HK)

For Brian Kelly
Accounts managed by Kanundrum Capital Are Long (GLD)
Accounts managed by Kanundrum Capital Are Long (SLV)
Accounts managed by Kanundrum Capital Are Long (TLT)
Accounts managed by Kanundrum Capital Are Long (DBA)
Accounts managed by Kanundrum Capital Are Long Gold
Accounts managed by Kanundrum Capital Are Long Silver
Accounts managed by Kanundrum Capital Are Long U.S. Bonds
Accounts managed by Kanundrum Capital Are Short (XLF)
Accounts managed by Kanundrum Capital Are Short Copper
Accounts managed by Kanundrum Capital Are Short (IXG)
Accounts managed by Kanundrum Capital Are Short (LOW)
Accounts managed by Kanundrum Capital Are Short (FCX)

For Mike Khouw
Cantor Fitzgerald & Co. Is A Market Maker In (S)

For Michael Worms
No Disclosures

For Jeff DeGraaf
No Disclosures

For William Power
No Disclosures

Comcast Is The Parent Company Of CNBC
Comcast Is The Parent Company Of NBCUniversal
GE Owns 49% Of NBCUniversal
GE Owns 49% Of CNBC

 Print
Following are moves you might have missed. Find out why shares of AMR and OptionsXpress popped while American Tower dropped.
  Price   Change %Change
TIF ---
POT ---
AAMRQ ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Contact Fast Money

  • Showtimes

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

  • Wapner is an award-winning reporter and the host of "Fast Money Halftime Report." He has also reported documentaries for CNBC.

  • Adami is a contributor on CNBC's "Fast Money." He is also 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

Fast Money Features