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Pops & Drops: Wells Fargo, Caterpillar

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Stock Pops & Drops

Following are the day's biggest winners and losers. Find out why shares of and  popped while Caterpillar and  dropped.

POPS (stocks that jumped higher)

Amazon.com (AMZN) popped 17%. The world’s largest online retailer pops this week after fourth-quarter profit and sales topped estimates, after its best holiday season ever. - Gross margins were lower, but operating margins were higher... they're running the business better, points out Guy Adami.



IShares FTSE/XINHUA China 25 Index ETF (FXI) popped 3%. The ETF that tracks the performance of the largest companies in China’s market rises this week as analysts see the yen gaining strength. - It will be the second week in a row that they'll have demand increases, says Tim Seymour.

General Dynamics (GD) popped 6%. The maker of tanks and Gulfstream jets pops after reporting fourth quarter earnings that beat expectations and reporting strong sales growth. - Good things happening here, good valuation, says Guy Adami.

Wells Fargo (WFC) popped 20%. The bank pops this week despite posting a loss as it maintains its dividend and says it doesn’t need more federal aid. - They've managed to take advantage of this good bank/bad bank situations a little, Pete Najarian points out.


DROPS (stocks that slid lower)