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Pops & Drops: Teva, Molycorp...

Following are moves you might have missed. Find out why shares of Teva and Molycorp popped while Best Buy dropped.

POPS (stocks that jumped higher)

Teva Pharmaceutical (TEVA) popped 3%. The company partnered with Procter & Gamble to sell over-the-counter medicines; the deal could generate sales of up to $4 billion, the companies said. - It think it works out well, says Joe Terranova.

Molycorp (MCP) popped 7%. The company said the quake and tsunami had no impact on its sales of rare earths to Japan and remained on track to hit its first-quarter sales targets. - Not too shabby, says Brian Kelly.

Gamestop (GME) popped 3%. The company posted higher quarterly sales and profit, and a higher-than-expected forecast. - I'd sell into this rally, counsels Guy Adami.

Imax (IMAX) popped 13%. The company inked a deal to open 75 new big-screen theaters in China. - Valuations are still not that expensive, says Steve Cortes.

BHP Billiton (BHP) popped 2%. Investors may be betting that this resource names benefits as Japan starts to rebuild. - Tim Seymour thinks Rio Tinto is the better buy.

Talbots (TLB) popped 25%. The company reported a fourth-quarter loss that was less than expected and explained it planned to feature more classic apparel in its signature collection.

DROPS (stocks that slid lower)

Green Mountain Coffee (GMCR) dropped 1%. Investors took profits after rival Starbucks announced aggressive plans to expand grocery store sales.

Best Buy (BBY) dropped 6%. The company reported a third straight quarter of declines in same-store sales and said it was concerned about demand going forward with consumers reluctant to buy big-ticket items.




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Trader disclosure: On March 24, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Guy Adami is Long (AGU); Guy Adami is Long (MSFT); Guy Adami is Long (C); Guy Adami is Long (INTC); Guy Adami is Long (NUE); Guy Adami is Long (GS); Guy Adami is Long (BTU); Steve Cortes is Long (TM)p; Steve Cortes is Long (EXC); Steve Cortes is Long (GS); Steve Cortes is Long (SO); Steve Cortes is Short (F); Steve Cortes is Short (BAC); Steve Cortes is Short (DBA); Steve Cortes is Short Natural Gas; Steve Cortes is Short Silver; Steve Cortes is Short Wheat; Steve Cortes is Short Corn; Steve Cortes is Short Beans; Steve Cortes is Short Japanese Yen; Joe Terranova is Long (C); Joe Terranova is Long (VRTS); Joe Terranova is Long (GS); Joe Terranova is Long (JPM); Joe Terranova is Long (UPL); Joe Terranova is Long (MS); Joe Terranova is Long (PBR); Joe Terranova is Long (BAX); Joe Terranova is Long (TEVA); Joe Terranova is Long (IBM); Joe Terranova is Long (BTU); Joe Terranova is Long (POT); Joe Terranova is Long (XOM); Joe Terranova is Long (DIS); Joe Terranova is Long (RSX); Joe Terranova is Long (CNQ); Joe Terranova is Long (CNX) Puts; Tim Seymour is Long (AGU); Tim Seymour is Long (BAC); Tim Seymour's Firm is Long (POT)

For Brian Kelly
Accounts managed by Kanundrum Capital Are Long (TLT)
Accounts managed by Kanundrum Capital Are Long U.S. Bonds
Accounts managed by Kanundrum Capital Are Long (GLD)
Accounts managed by Kanundrum Capital Are Long (SLV)
Accounts managed by Kanundrum Capital Are Long Gold
Accounts managed by Kanundrum Capital Are Long Corn
Accounts managed by Kanundrum Capital Are Long Soybeans
Accounts managed by Kanundrum Capital Are Long Wheat
Accounts managed by Kanundrum Capital Are Long Euro
Accounts managed by Kanundrum Capital Are Long (VLO)
Accounts managed by Kanundrum Capital Are Long (RDC)|
Accounts managed by Kanundrum Capital Are Long (MCP)
Accounts managed by Kanundrum Capital Are Short Yen
Accounts managed by Kanundrum Capital Are Short (XLF)
Accounts managed by Kanundrum Capital Are Short (IXG)

For Dennis Gartman
Funds managed by Dennis Gartman are Long Gold
Funds Managed by Dennis Gartman are long Oil
Funds Managed by Dennis Gartman are long Canadian Dollars
Funds Managed by Dennis Gartman are long Australian Dollars
Funds Managed by Dennis Gartman are long Corn
Funds Managed by Dennis Gartman are long Sugar
Funds Managed by Dennis Gartman are long Natural Gas
Funds managed by Dennis Gartman are Short Euros

For Rich Volpe
**No Disclosures**

For Colin Gillis
**No Disclosures**

For Scott Nations
Scott Nations is long (SPY)

For Heather Jones
BB&T Capital Markets is a Market Maker in (SFD)
BB&T Capital Markets is a Market Maker in (TSN)
BB&T Capital Markets expects to receive or intends to seek compensation for investment banking services from Smithfield Foods, Inc. and Tyson Foods, Inc. in the next three months.
An affiliate of BB&T Capital Markets received compensation from Smithfield Foods, Inc. and Tyson Foods, Inc. for products or services other than investment banking services during the past 12 months. The analyst or employees of BB&T Capital Markets with the ability to influence the substance of this report know or have reason to know the foregoing facts.