×

Stocks on the Move: Lowe’s, Blockbuster and More

POPS (stocks that jumped higher)

Blockbuster (BBI) popped 5% after Citigroup said a small increase in rental prices will add a lot of cash to BBI’s books – “A great day to sell Blockbuster,” Jeff Macke said.

Sotheby’s (BID) popped 5% - Karen Finerman is afraid it can’t sustain a rally now that so much hedge fund money has left the market for a while. Guy Adami loves it.

Blue Nile (NILE) popped 8% - Jeff Macke still loves the stock. He recommends getting long right here, right now.

Lowe’s (LOW) popped 3% as shares continued to rise on Home Depot's stumbles – It’s still not great, Jeff said, but if you need to own any of the homebuilding companies on the retail side, Lowe’s is much cleaner than Home Depot.

The Limited Brands (LTD) popped 3% - Jeff wouldn’t get long, saying it’s still a “clean up operation.”

DROPS (stocks that slid lower)

Alcatel-Lucent (ALU) dropped 9% after issuing its third outlook warning this year, saying North American demand was disappointing – Its peers are hitting 52-week highs and ALU is plummeting? Stay away, Guy Adami said.

American Standard (ASD) dropped 4%, sending the toilet and faucet maker’s shares down the drain. – People are worried that its sale of its bath & kitchen unit is in jeopardy, but Karen likes it.

Select Comfort (SCSS) dropped 9% after the mattress maker said it would miss estimates – There is a huge short interest in this stock, Karen points out. “I wouldn’t touch it.”

Corning (GLW) dropped 4% - Guy Adami still doesn’t like GLW and thinks Alcatel’s lowered guidance is what hurt Glass Works.



______________________________________________________
Got something to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to fastmoney@cnbc.com.

Trader disclosure: On Sept. 13, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Najarian is Long Build-A-Bear, is short Goldman Sachs (GS); Finerman is short Leap Wireless.