Take-Two Interactive Software (TTWO) popped 51%. Electronic Arts made a $2 Billion bid for the maker of the "Grand Theft Auto" franchise which sent shares skyrocketing. Then, Take Two rose further after it said it had been approached by other potential buyers. – I’m a seller, says Jeff Macke.
Brookdale Senior Living (BKD) popped 9%. Investors shrugged off the fact that the senior living facility operator posted a wider than expected loss, and the shares popped for the week. – I like it, Guy Adami reveals.
Cuba. The island nation 200 miles to the south is no longer under the rule of long time President Fidel Castro.
United Rentals (URI) popped 8%. Private equity firm Cerberus had to pay a hefty fee for terminating a deal to buy the equipment rental firm -- which helped URI to nearly triple its quarterly profit. – The stock is way off the highs, explains Pete Najarian.
Assured Guaranty (AGO) popped 13%. Wilbur Ross may invest $1 Billion in this muni bond insurer. – I’d like a billion, jests Karen Finerman.
Irish Luck. A Irish man who was blinded in a workplace accident has regained his sight after a complicated procedure in which a portion of his son's tooth was transplanted into his eye cavity. The procedure, called Osteo Odonto Kerato Prosthesis, costs 40,000 euros and has a success rate of 65%.
Gilead (GILD) popped 10%. A study showed that the biotech's HIV drug, Truvada, was more successful than an existing HIV drugs made by GSK. – I think it’s a buy on any dip, says Guy Adami.
High Tech Homes. While foreclosures are a harsh reality for some, the homes of the Super Rich are getting an upgrade and going high tech. New systems that allow you to control the temperature of your wine cellar or the mood lighting in the living room - all from the palm of your hand - are big sellers.
EOG Resources (EOG) popped 19%. The nat gas name raised its production targets for 2009 & 2010, after discovering significant crude and natural gas reserves in Colorado and British Columbia. – I think it’s rich for the space, says Guy Adami.
Lennar (LEN) popped 2%. Based in Miami, speculation that a group of investors from United Arab Emirates had offered to buy Lennar sent the stock higher. – I love this story, Karen Finerman says.
DROPS (stocks that slid lower)
Deckers Outdoor Corp (DECK) dropped 7%. The EPS forecast for the maker of "Uggs" boots was shy of expectations. – “Ugg” says it all, says Karen Finerman.
Dean Foods (DF) dropped 12%. After a nice run for food stocks across the board, Dean Foods plummeted Friday after the company announced it would sell more shares. – Walk away, counsels Jeff Macke.
Google (GOOG) dropped 7%. Internet audience research firm comScore issued a report on Monday showing a 7% drop in advertisements viewed on Google during January compared with December, even as Web searches rose 9% over the same period. – I think it’s a value at current levels, says Guy Adami.
Freddie Mac (FRE) dropped 4%. The mortgage finance firm posted a $2.45 billion loss. – Nothing to see here, says Jeff Macke.
Motorola (MOT) dropped 12%. The week started off great after Carl Icahn gave Karen a Motorola phone for her birthday...But it was all downhill from there. – There’s trouble in the handset business, says Karen Finerman.
AMR Corp. (AMR) dropped 10%. One of Miami's largest employers, the parent company of American Airlines, plunged as fuel costs rise. – Oil at $102 is likely a problem for this company, speculates Pete Najarian
Utilities (XLU) dropped 4%. Utilities companies powered down on higher inflation figures. – I don’t like it, says Jeff Macke.
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Trader disclosure: On Feb.29, 2008, 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), (INTC); Najarian Owns (AAPL), (BIIB), (BKC), (C), (CSCO), (MS), (MSFT), (YRCW), (XLF); Najarian Owns (YHOO) And (YHOO) Calls; Finerman Owns (GS); Finerman's Firm Owns (AAPL), (CROX), (FNM), (GE), (MSFT), (TSO), (WMT); Finerman's Firm Is Short (IYR), (IWM), (IJR), (MDY), (SPY); Finerman's Firm And Finerman Own (HD); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm And Finerman Own (TYC); Finerman's Firm And Finerman Own (KALU); Finerman's Firm Owns (MO)
Finerman's Firm Owns (YHOO); Finerman's Firm Is Short (LEN); Seymour Owns (MSFT); Seygem Asset Management Owns (TS), (TSO), (HXM), (EEV), (ITU); Seygem Asset Management Is Short (EEM); GE Is The Parent Company Of CNBC; Charles Schwab Is A Sponsor Of "Fast Money"