Joy Global (JOYG) popped 4%. Analysts can hardly keep ahead of this mining equipment name. After UBS raised their price target to $68 last week, shares of Joy Global hit $67.50 Wednesday. – Guy Adami likes JOYG, but adds it’s very volatile.
Solarfun (SOLF) popped 8%. Increasing crude prices sent the red hot solar sector on a tear again. – Pete Najarian says solar stocks could fall dramatically in the beginning in ’08.
Agrium (AGU) popped 4%. The fertilizer producer added to its near-20% gain in just 5 trading days.
DROPS (stocks that slid lower)
The Gap (GPS) dropped 2%. The nation's largest specialty retailer became another victim of Wednesday's “Santa Slaughter”. - Buy the dip recommends Jeff Macke.
NetSuite (N) dropped 7%. Larry Ellison's new software company pulled back a bit after rising almost 40% after its IPO last Thursday. – I own this stock and think in the long-run it will go higher, says Pete Najarian.
Radio Shack (RSH) dropped 4%. The electronics retailer was hit hard by lower Christmas sales.
Paris Hilton. The Hilton family patriarch, Barron Hilton, will pass on the $1.2 billion windfall from the sale of Hilton Hotels to the family's philanthropic foundation, and not to Paris, according to Fortune magazine.
Big Lots (BIG) dropped 6%. This wholesaler was dragged lower with the rest of retail. – Stay away, says Karen Finerman.
Family Dollar (FDO) dropped 4%. Bear Stearns Chief Investment Officer said that low-end retailers like Family Dollar will underperform department stores in 2008. – I think it will probably go lower, says Guy Adami.
Men's Warehouse (MW) drops 6%. Wednesday’s retail rout claimed another casualty. – Who’s buying formal wear in a tough economy? Walk away, says Jeff Macke.
Office Depot (ODP) dropped 3%. After jumping 7% on Christmas Eve, the office supply chain pulled back some Wednesday. – I think this stock is getting interesting, says Karen Finerman.
Saddam's Yacht. The 269-foot Ocean Breeze is being offered by a British brokerage for $34 million. Features include:
- A secret passageway from stem to stern that would have allowed Saddam to flee to an escape mini-submarine if the yacht were attacked,
- Bulletproof glass throughout
- A helicopter pad
- Storage space for surface-to-air missiles and heavy machine guns.
- A closed-circuit TV and security system
Got something to say? Send us an e-mail at firstname.lastname@example.org and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to email@example.com.
Trader disclosure: On Dec. 26, 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), (ATVI), (DIS); Pete Najarian Owns (C), (MS), (N), (ANR); Pete Najarian Owns (HAL) Options, (MSFT) Options, (TGT) Options, (YHOO) Options; Finerman's Firm Owns (VLO), (WMT), (YHOO), (SUN), (GS), (PLCE), (SKS); Finerman's Firm Is Short (IJR), (MDY), (IWM), (SPY), (SPG), (TCO), (IYR); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owns (MBI) Puts; Finerman's Firm Owns (MSFT) Options; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns S&P 500 Puts