Wynn (WYNN) popped 6%. The casino company announced a $6 special dividend; and it also picked up an upgrade from a Jefferies analyst, who said the Macau growth story was still intact.
Exxon (XOM) popped 4%. A UBS upgrade, an exploration deal with Libya, and $98 oil – were all good news for Exxon. – Guy Adami would rather own CVX.
Kraft (KFT) popped 2%. The world's second largest food company rose ahead of Thanksgiving. – Karen Finerman couldn't say why.
Utilities ETF (XLU) popped 1%. The utility names powered up at the close. – Pete Najarian said it will probably be up again Wednesday.
DROPS: (stocks that slid lower)
Office Depot (ODP) dropped 7%. Lower domestic sales hurt the office supply chain and sent profits down 9%. – Karen Finerman recommended staying away.
Echostar (DISH) dropped 9%. After popping Monday on speculation it might get bought by AT&T, the satellite TV provider fell back to earth after the deal talk diminished. – Jeff Macke said buy DISH at $40.
Ericsson (ERIC) dropped 12%. Shareholders hung up on the wireless network builder, after Ericsson said sales would come in at the low end of forecasts. – Guy Adami said Nokia is the better trade.
Yes Network. First A-Rod, now this - the wheeling and dealing hasn't stopped at Yankee stadium. Sale of the YES Network, a regional cable channel that broadcasts Yankee games, has been held up due to (yes) credit market conditions. Private equity firms Blackstone and Quadrangle Group were named as potential bidders during the first round of negotiations last month.
Hovnanian (HOV) dropped 9%. Stronger than expected housing starts and some positive news from competitor D.R. Horton couldn't stop shares of Hovnanian from falling off a cliff. – Karen Finerman told the panel, “Don’t be long.”
GameStop (GME) dropped 4%. The world's largest videogame retailer fell the most in a year after missing analysts estimates. – Buy the dips, said Jeff Macke.
Saks (SKS) dropped 2%. The luxury department store tripled its earnings, but still came up short of estimates. – Guy Adami revealed there’s M&A chatter about this stock.
Focus Media (FMCN) dropped 9%. A 73% jump in earnings for this Chinese online entertainment firm failed to impress the Street.
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Trader disclosure: On Nov. 20, 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 (YHOO), (EMC); Najarian Owns (AMTD) Options; (GOOG) Options; (YHOO) Options; Finerman's Firm And Finerman Own (GS), (KFT); Finerman's Firm Owns (SKS), (TSO), (WMT), (LTD), (CROX), Finerman's Firm Owns (MSFT) Options; Finerman's Firm Is Short (SPY), (IWM), (IYR), (IJR), (MDY), (LEN); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owns (HD) And (HD) Puts, Finerman Owns (HD); Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts