Amylin (AMLN) popped 3%. The upgrade and increased price target from Barclays last week appears to have coat tails. - Momentum is taking it higher, says Pete Najarian.
Dreamworks (DWA) popped 2%. Caris upgraded the firm to 'average' from 'below average' saying the stock has come down to more "reasonable" levels now that speculation of a possible buyout has faded.
DROPS (stocks that slid lower)
AIG (AIG) dropped 14%. Bernstein estimated the firm's property-casualty operations could face an $11 billion reserve deficiency. - I'd stay far away, says Karen Finerman.
Supervalu (SVU) dropped 4%. Morgan Stanley downgraded the supermarket chain to 'underweight' from 'equalweight.' - In the space I like Walmart better, says Karen Finerman.
Home Depot (HD) dropped 1%. Weak Black Friday results dragged down retailers, including this home improvement giant. - 28 is resistance, reminds Guy Adami.
Gamestop (GME) dropped 3%. Lackluster Black Friday results triggered widespread profit-taking in most retailers, including this video game seller.
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Trader disclosure: On November 30th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Finerman's Firm Owns (PLCE), (MSFT), (WMT), (PDE), (RIG), (TGT); Finerman's Firm Owns (BAC) Preferred, (BAC), (BAC) Calls; Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm Is Short (IJR), (IWM), (MDY), (SPY), (USO), (UNG); Najarian Owns (AAPL) Call Spread; Najarian Owns (BRCD) & (BRCD) Calls; Najarian Owns (INTC) & Short (INTC) Calls; Najarian Owns (DELL) Calls; Najarian Owns (DE) Call Spread; Najarian Owns (FCX) Call Spread; Najarian Owns (INTC) & (INTC) Calls; Najarian Owns (UAUA) Call Spread; Terranova Owns (SU), (GOOG), (AAPL)
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