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Halftime: 4 Stocks on the Move

Amidst quiet trading, stocks posted modest gains on Tuesday. The "Fast Money" traders, though, were watching these market movers.

AK Steel (AKS) popped 4.5%: Hedge fund giant Steve Cohen reported a 4.8 percent stake in shares of this steel company. Being as AKS has lagged other steel names, Veracruz founder Steve Cortes thinks it's a good value play.

Phillips-Van Heusen (PVH) popped 6%: This apparel maker reported strong earnings and also forecasts a 20 percent growth in revenue, Patty Edwards of Trutina Financial said. She thinks it's a great company.

Lululemon (LULU) popped 3%: The yoga-wear company’s board approved a two-for-one stock split and an increase of the share buyback to 400 million shares to 200 million. For those who own the stock, Joe Terranova of Virtus Investment Partners recommends watching the $73 level.

Hertz (HTZ) dropped 4%: Shares sold off after the car-rental company said its three biggest shareholders are selling 50 million shares. It also projected that first-quarter losses would climb, Brian Kelly of Kanundrum Capital said. He would sell HTZ.

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CALL OF THE DAY: MOLYCORP

For a look at the boost in Molycorp, "Fast Money" spoke with JPMorgan analyst Mike Gambardella.

Watch the video to see the full conversation.




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Trader disclosure: On Mar. 29, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Steve Cortes is Long (CSX). Steve Cortes is Long (SDY). Steve Cortes is Long (EXC). Steve Cortes is Long (SO). Steve Cortes is Long (RIMM). Steve Cortes is Long US Treasuries. Steve Cortes is Long U.S. Dollar vs. euro . Steve Cortes is long U.S. Dollar vs. yen. Steve Cortes is Short (F). Steve Cortes is Short (BAC). Steve Cortes is Short (UNP). Steve Cortes is Short (DBA). Steve Cortes is Short Wheat. Steve Cortes is Short Corn. Joe Terranova owns (AAPL) Puts. Joe Terranova Owns Puts (VRTS). Joe Terranova Owns (AKAM) and (AKAM) Calls. Joe Terranova Owns (CNX), (C), (GS), (JPM), (UPL), (MS), (PBR), (BAX), (TEVA), (IBM), (XOM), (JNPR), (AAPL), (DIS), (CVI), (RSX), (CNQ) and (BTU).

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

PATTY EDWARDS
Edwards is Long (AAPL) for Clients
Edwards is Long (GOOG) for Clients
Edwards is Long (AMZN) for Clients
Edwards is Long (LQD) for Clients
Edwards is Long (LQD) for Clients
Edwards is Long (BKCC) for Clients
Edwards is Long (SPY)
Edwards is Long (QQQ)
Edwards is Long GLD
Edwards is Long (SLV)
Edwards is Long (PGM)
Edwards is Long (SPY) for Clients
Edwards is Long (QQQ) for Clients
Edwards is Long GLD for Clients
Edwards is Long (SLV) for Clients
Edwards is Long (PGM) for Clients

BRIAN KELLY
Accounts Managed by Kelly are Long (ATW)
Accounts Managed by Kelly are Long (BBT)
Accounts Managed by Kelly are Long (DBA)
Accounts Managed by Kelly are Long (EBAY)
Accounts Managed by Kelly are Long (GLD)
Accounts Managed by Kelly are Long (SLV)
Accounts Managed by Kelly are Long (MCP)
Accounts Managed by Kelly are Long (MON)
Accounts Managed by Kelly are Long (TSN)
Accounts Managed by Kelly are Long (VLO)
Accounts Managed by Kelly are Long oil
Accounts Managed by Kelly are Long natural gas
Accounts Managed by Kelly are Long gold
Accounts Managed by Kelly are Long silver
Accounts Managed by Kelly are Long Short (IXG)
Accounts Managed by Kelly are Long Short (XLF)
Accounts Managed by Kelly are Long Short copper

JOE TERRANOVA
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (LPHI)
Virtus Investment Partners Owns More Than 1% Of (NCRI)
Virtus Investment Partners Owns More Than 1% Of (DBV)
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 (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (SUBK)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of (DOM)

MICHAEL GAMBARDELLA
Gambardella owns (MCP), (AKS), (AA) and (FCX).
J.P. Morgan Acted As Lead Or Co-Manager In A Public Offering Of Securities For (MCP), (AKS), (AA) In Past 12 Months
(MCP), (AKS), (AA), (FCX), (X) Is Or In Past 12 Months Was An Investment Banking Client Of J.P. Morgan
J.P. Morgan Recieved Investment Banking Compensation From (MCP), (AKS), (AA), (FCX), (X) In Past 12 Months
J.P. Morgan Expects To Recieve/Seek Investment Banking Compensation From (MCP), (AKS), (AA), (FCX), (X) In Next 3 Months
An Affiliate Of JPMS Recieved Non-Investment Banking Compensation From (MCP), (AKS), (AA), (FCX), (X) In Past 12 Months
(AKS), (FCX), (X) Is Or In Past 12 Months Was A Client Of J.P. Morgan (Non-Investment Banking Securirites-Related Service, Non-Securities Related Services)
An Affiliate Of JPMS Recieved Non-Investment Banking Compensation From (AKS), (AA), (FCX), (X) In Past 12 Months
(AA) Was A Client Of J.P. Morgan In Past 12 Months (Non-Investment Banking Securities-Related Service)

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