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.