Fast Money: Rapid Recap - The first and only official show synopsis
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Pops & Drops: Walgreen, Boston Scientific, Walt Disney and More
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On Friday, the "Fast Money" traders discussed the market movers that caught their eye this week.
POPS (stocks that went higher this week)
Walgreen (WAG) popped 6%: The drugstore chain operator raised its dividend for the 36th consecutive year, Veracruz founder Steve Cortes said. Cortes said he likes dividend paying stocks in general, adding lower gas prices should help retailers, including drugstores.
PowerShares DB USD Index Bullish (UUP) popped 1%: Given the European debt crisis, Gary Kaminsky thinks the dollar should continue to benefit.
DROPS (stocks that went lower this week)
Boston Scientific (BSX) dropped 11%: The medical instruments and supplies company is struggling, Stuart Frankel's Steve Grasso said. He would stay away from this stock.
Walt Disney (DIS) dropped 4%: This stock struggled after the entertainment giant reported disappointing earnings earlier this week, author Stephen Weiss said. Should shares fall to the $36 to $38 level, Weiss would buy shares.
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Trader disclosure: On May 13, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Steven Grasso owns (AKS), (AMD), (ASTM), (BA), (BAC), (C), (D), (HOV), (JPM), (LIT), (LPX), (MHY), (NDAQ), (PFE) and (PRST). Steve Cortes owns (EXC), (SO), (K), (KFT), (GS), (MS) and (IAI). Steve Cortes is short EUR vs. USD and CHF. Steve Cortes is short Nikkei futures. Steve Cortes is short (XLI). Steve Cortes is short Crude. Steve Cortes is short EEM vs. S&P Long. Stephen Weiss is short (AKS). Stephen Weiss is short (X). Stephen Weiss owns (DVN), (COP), (QCOM), (BRCM), (TEVA), (KO), (RIG), (HK), (AKAM), (UUP), (DE), (UAL), (MRK), (HBAN), (KEY)and (JPM).
Doug Kass
Seabreeze Partners Management Owns (GS)
Steven Grasso
Stuart Frankel & Co and it’s partners own (ABX)
Stuart Frankel & Co and it’s partners own (CSCO)
Stuart Frankel & Co and it’s partners own (CUBA)
Stuart Frankel & Co and it’s partners own (GERN)
Stuart Frankel & Co and it’s partners own (HPQ)
Stuart Frankel & Co and it’s partners own (HSPO)
Stuart Frankel & Co and it’s partners own (MSFT)
Stuart Frankel & Co and it’s partners own (MU)
Stuart Frankel & Co and it’s partners own (NEM)
Stuart Frankel & Co and it’s partners own (NYX)
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 (SDS)
Stuart Frankel & Co and it’s partners own (XRX)
Stuart Frankel & Co and it’s partners are Short (QQQQ)
Stuart Frankel & Co and it’s partners are short (AAPL)
Data is a real-time snapshot *Data is delayed at least 15 minutes
