GO
Loading...

Pops & Drops: Agrium, Petsmart...

Following are moves you might have missed. Find out why shares of Agrium and Petsmart popped while Blackstone and Research In Motion dropped.

POPS (stocks that jumped higher)

Agrium (AGU) popped 4%. The company raised its second-quarter earnings outlook, citing strong retail sales and higher nutrient prices. - Around $83 I think it's attractive, says Guy Adami.

Petsmart (PETM) popped 3%. The company raised its dividend and authorized a share buy back. - The stock looks great, says Stephen Weiss.

Caterpillar (CAT) popped 3%. Raymond James said the recent pullback provided an excellent buying opportunity for investors. - I'm a buyer against $94, says Joe Terranova.

Ford (F) popped 2%. Perhaps investors were cheered to learn the automaker plans to introduce seven all-new or significantly upgraded vehicles at its Lincoln division. They will will roll out over the next four years.

DROPS (stocks that slid lower)

Blackstone (BX) dropped 2%. Published reports suggested the firm may be looking to acquire Northern Rock, one of the top 5 mortgage lenders in the UK. - Dan Nathan just shrugs.

Research In Motion (RIMM) dropped 6%. Bernstein downgraded the stock to ‘Underperfrom’ from ‘Market Perform’ – the same firm that upgraded the stock about a month ago and said ‘things can’t get worse.’ - It just feels like there's more pain coming on the downside, says Guy Adami.




______________________________________________________
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 June 20, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Seymour Owns (AAPL); Seymour Owns (F); Nathan Owns (JPM) Put Spreads; Nathan Owns (LNKD) Put Spreads; Terranova Owns (VRTS); Terranova Owns (IBM); Terranova Owns (FCX); Terranova Owns (CVI); Terranova Owns (F); Terranova Owns (AAPL); Terranova Owns (CAT); Terranova Owns (BX); Terranova Owns (HPQ); Terranova Owns (MA); Terranova Owns (PEP); Terranova Owns (MCD); Terranova Owns (JWN); Terranova Owns (TM); Terranova Owns (LULU); Terranova Owns (WFM); Terranova Owns (DAR); Terranova Owns (BJ); Terranova Owns (XOM); Terranova Is Short (DELL); Weiss Owns (TWM); Weiss Owns (SDS); Weiss Owns (COP); Weiss Owns (JPM); Weiss Owns (UUP); Weiss Owns (DVN); Weiss Owns (HK); Weiss Owns (CMA); Weiss Owns (MRK); Weiss Owns (AKAM); Weiss Owns (ETP); Weiss Owns (MS); Weiss Owns (QCOM); Weiss Owns (VZ); Weiss Owns (MRK); Weiss is Short (X); Weiss is Short (FWLT); Weiss is Short (FLR); Weiss is Short (SHAW)

For 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 (IGE)
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 (LHO)
Virtus Investment Partners Owns More Than 1% Of (NRCI)
Virtus Investment Partners Owns More Than 1% Of Sun Pharmaceutical
Industries Ltd.
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 DOMINO'S PIZZA UK & URL PLC

For Scott Nations
Nations Owns (SPY)
Nations Is Long Volatility In S&P

For Karen Short
BMO Capital Markets Or Affiliate Recieved Non-Investment Banking Compensation From (WFM) In Past 12 Months
(WFM) Is Or Was A Client Of BMO Nesbitt Burns, BMO Capital Markets, BMO CM Or Affiliate Within Past 12 Months (Non-Securities Related Services)
BMO Capital Markets Is A Market Maker In (WFM)

For Dennis Gartman
Funds Managed By Dennis Gartman Are Long Gold
Funds Managed By Dennis Gartman Are Short Euro
Funds Managed By Dennis Gartman Are Short British Pound Sterling

For Amelia Bourdeau
***No Disclsoures

For Mark Schoenebaum
ISI Does And Seeks To Do Business With (BIIB) And Has Received Non-Investment Banking Compensaiton In The Past 12 Months

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


Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET

Halftime Report

  • Bill Nygren, Oakmark Fund, explains why Apache, Bank of America and Google will be winners in 2015.

  • Nick Tiller, Sustainable America founder and chairman, tells CNBC's Kate Kelly oil prices are poised for a tradable rally. Tiller likes the Brent ETF and energy sector.

  • Discussing interesting trends contributing to the market's rally into year's end, with the FMHR trader Josh Brown and Dan Greenhaus, BTIG.