Following are the day’s biggest winners and losers. Find out why shares of Deere (DE), Pier One Imports (PIR) and China BAK Battery (CBAK) popped while Under Armour (UA) and Sunoco (SUN) dropped.
POPS (stocks that jumped higher)
related investing news
Deere (DE) popped 3%. At least one Ag Play is on our pops list everyday, as the agriculture trade continues to grow like a Chia Pet. – Guy Adami thinks this stock is still going higher.
Pier One Imports (PIR) popped 11%. Not one week ago, it was on our DROPS list. But Wednesday investors were importing shares of Pier One Imports, after Goldman said it had confidence in the turnaround team managing the company. – Jeff Macke doesn’t like this stock.
China BAK Battery (CBAK) popped 46%. The battery company got a jolt as Chinese stocks continued to "charge" up the charts. – Pete Najarian sees more upward growth in CBAK.
Affiliated Managers Group (AMG) popped 4%. The asset management firm, turned out to be a fine asset itself. – Guy Adami thinks this stock is going higher.
DROPS: (stocks that slid lower)
Under Armour (UA) dropped 6%. Shares of the athletic retailer were sacked by an analyst downgrade, which cited slower growth caused by a warmer than usual fall. – Pete Najarian bought the dip.
Sunoco (SUN) dropped 2%. The sun set on this oil giant, as the so called "crack spread" -- the profit margin for refiners like Sunoco -- continues to shrink. – Karen Finerman says stay away.
Timberland (TBL) dropped 8%. If a stock falls in the forest - and no one is there to hear it - does it make a sound? Yes, it does: DROP goes Timberland as it shutters most of its retail stores amid falling sales. – Jeff Macke says don’t buy this dip.
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Trader disclosure: On Sept. 25, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Macke Owns (DIS), (EMC), (ATVI); Najarian Owns (CBAK), (UA), Najarian Owns (DGX); Najarian Owns (GS) Options; Finerman Owns (GS); Finerman's Firm And Finerman Own (TEL); Finerman's Firm Owns (NMX), (NYX), (KFT), (BEAS); Finerman's Firm Is Long (GCO) Calls; Finerman's Firm Owns (MSFT) Options; Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts; NBC Universal Is The Parent Company Of CNBC