American Axle (AXL) popped 12%. A KeyBanc analyst said he thinks the autoparts maker may be able to come out of a strike with annual savings of as much as $50,000 per employee. – I like them more than the auto makers, says Jeff Macke.
Tyson Foods (TSN) popped 10%. The meat company popped after a beef deal between Smithfield Foods and JBS. – Around $15 I think TSN is a buy, says Guy Adami.
Ciena Corporation (CIEN) popped 8%. Demand from telecom clients like AT&T sent this networking equipment company's profits to double. – I like their forecast, says Pete Najarian.
Man caves. A new trend: the super-rich are spending north of $1 million dollars to 'trick-out' their garages, turning them into the ultimate "Man Caves" complete with full bars, display cases for classic cars, and even a mini-casino.
Big Lots (BIG) popped 24%. Cash-strapped consumers flocked to bulk "warehouse" retailers: a positive profit forecast and an upgrade helped shares beat the tape. – It’s interesting, says Jeff Macke.
National Semiconductor (NSM) popped 10%. The CEO of the chip firm said that profits were on the verge of a resurgence. – If you own it lighten up your position, says Pete Najarian.
Brazilian Law School Standards. Joao Victor Portellinha, a 5th grader from Brazil, passed the country's Bar exam - however, he is not a prodigy or genius. It appears that the test has fairly low standards, prompting the eight year old to say "It was easy. I studied a week before the test."
DROPS (stocks that slid lower)
Flowserve (FLS) dropped 7%. The maker of pumps and valves for the energy industry wasn't working this week. – Stick with it, counsels Karen Finerman.
Korn/Ferry International (KFY) dropped 7%. Even though it posted impressive earnings Thursday, shares of job recruitment firm Korn/Ferry couldn't overcome Fridays disastrous employment figures. – Stay away, says Karen Finerman.
Google (GOOG) dropped 8%. The search giant might do battle with Microsoft in an attempt to takeover Digg.com. – I think it’s starting to get into the value territory, says Karen Finerman. But not just yet.
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Trader disclosure: On Mar. 7, 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 (INTC), (YHOO); Pete Najarian Owns (AAPL), (C), (CSCO), (MS), (MSFT), (XLF), (MCD), (BKC); Pete Najarian Owns (COP) Calls, (AMAT) Calls; Pete Najarian Owns (XLB) Puts, (USB) Puts; Pete Najarian Owns (YHOO) And (YHOO) Calls; Finerman Owns (GS); Finerman's Firm And Finerman Own (FLS), (HD); Finerman's Firm Owns (AAPL), (DVA), (FNM), (MSFT), (TSO), (WMT), (YHOO); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM), (COF), (RTH); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owned (DVA) On 12/17/07, 2/12/08, 2/26/08