Fast Money Pops & Drops, January 5th (AIG, DIS, RIG, ADSK, EXPE, FDO)
On CNBC's Fast Money, Guy Adami said that it is very hard to buy American International Group, Inc. (NYSE: AIG) at these price levels, and it looks like the stock wants to go higher. He added that American International Group, Inc. (AIG) received offers for its Taiwanese insurance subsidiary in a region of $3 billion. AIG spiked 7.34% today, and closed at $60.95.
Joe Terranova is bullish on The Walt Disney Company (NYSE: DIS), and he believes that it will jump to $45, which is Goldman's price target for this stock. Goldman Sachs added The Walt Disney Company (DIS) to its Conviction buy list. DIS jumped 2.49% today, and closed at $39.96.
Karen Finerman couldn't find a reason for Transocean's (NYSE: RIG) 5.17% jump. She added that the spike in oil prices could be a reason for this advance.
Autodesk, Inc. (NASDAQ: ADSK) got upgraded by Goldman Sachs today, and the stock jumped 7.05%. Brian Kelly is a buyer of this stock, but he thinks that this is an interesting call, made by Goldman, because Autodesk (ADSK) is levered to the construction industry.
Tim Seymour said that a big reason for buying Expedia, Inc. (NASDAQ: EXPE) is apparently the addition of Greyhound.com to the arsenal of EXPE's travel tools. Expedia, Inc. (EXPE) jumped 4.14% today, and closed at $25.43.
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