Pops & Drops: Home Depot, Capital One...

Following are the week’s biggest winners and losers. Find out why shares of Home Depot and Darden Restaurants popped while Capital One and Morgan Stanley dropped.

POPS (stocks that jumped higher)

Home Depot (HD) popped 7%. Investors bid this stock higher on hopes it would benefit from Fed action to lower mortgage rates. - If you're in this stock I'd take some off the table, counsels Joe Terranova.

Darden Restaurants (DRI) popped 19%. The owner of Olive Garden and Red Lobster beat on third quarter earnings and forecast earnings for the full-year that exceeded expectations. - I like how these guys are running the ship, says Pete Najarian.

Chesapeake Energy (CHK) popped 15%. Shares of the nat gas producer climbed along with the spot price of the underlying commodity. - I'm not sure if this is the best way to play nat gas, says Joe Terranova. I like EOG Resources better.

MetLife (MET) popped 17%. Bank of America upgraded the stock to ‘buy’ partly due to a strong capital “cushion.”

AT&T (T) popped 4%. Investors remained bullish despite a ratings downgrade from S&P to ‘negative’ from ‘stable’.

Oracle (ORCL) popped 10%. The tech titan beat on earnings for the third-quarter and declared its first ever dividend.

Dow Jones Transport ETF (IYT) popped 2%. The transports climbed as commodities rallied on the drop in the dollar.

DROPS (stocks that slid lower)

General Electric (GE) dropped 5%. The parent company of CNBC popped to over $11 this week but then gave back gains despite a positive update from its capital arm. - Jeff Macke doesn't know what to say.

Capital One (COF) dropped 10%. Customers appear to be paying back less of their balances, indicating future losses. - Not good, says Tim Seymour.

Morgan Stanley (MS) dropped 22%. Moody’s downgraded approximately $1.2 billion of their structured securities and analysts expect a first quarter loss for the company. - I wouldn't look at this stock until it falls back into the teens, says Jeff Macke.

FedEx (FDX) popped 8%. The package shipper said they see a more stable 2009 and announced $1 billion in cost cutting measures. - I'm looking forward to seeing what they do, says Tim Seymour.

Xerox (XRX) dropped 17%. The firm cut its outlook for first-quarter earnings.

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Trader disclosure: On Mar. 20th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (AA), (AAPL), (BAC), (EEM), (FXI), (TCK); Seymour's Firm Owns (PBR); Terranova Owns (KCE), (FXC), (XBI), (BRCM), (WYNN), (INTC), (JOYG), (DELL), (XOM), (IBM), (POT), (X), (JPM): Terranova Owns (COP) Calls; Terranova Owns (HESS) & (HESS) Calls; Terranova Owns (DIS) & (DIS) Calls; Terranova Owns (AMGN) & (AMGN) Calls; Macke Owns (GE), (SDS), (POT); Macke Is Short (BRK.b); Najarian Owns (C) Call Spread; Najarian Owns (GS) Call Spread; Najarian Owns (GD) Call Spread; Najarian Owns (MS) & (MS) Calls; Najarian Owns (POT) Call Spread; Najarian Owns (MSFT) & (MSFT) Calls; Najarian Owns (TGT) Call Spread; Najarian Owns (XHB) Call Spread