Fast Money Pops & Drops, February 17th (EMN, AXP, DPS, CSTR, STI, BAC, GMCR, SBUX)
On CNBC's Fast Money Pops & Drops, Guy Adami said that he likes Eastman Chemical Company (NYSE: EMN) despite the big run. He explained that Eastman Chemical Company (EMN) gained 2.62% today on the news that the company has approved a $300 million worth repurchase of the common stock.
American Express Company (NYSE: AXP) dropped 2.30% today, and Tim Seymour thinks that you should buy this weakness. He added that the card fees and price cap issues that the sector is experiencing will affect American Express Company (AXP) less than others.
Dr Pepper Snapple Group Inc. (NYSE: DPS) jumped 5.69% in the regular trading session, and it added 0.41% in the after hours. DPS rallied after it posted better than expected earnings results. Joe Terranova thinks that this stock should be avoided. He explained that momentum is slowing down. Dr Pepper Snapple Group Inc. (DPS) was underperforming in the last couple of months, and its volumes were underperforming as well, said Joe Terranova.
Coinstar, Inc. (NASDAQ: CSTR) gained 7.48% in the regular trading session, and it added 0.77% in the after hours. Jon Najarian said that he is long this stock, and he expects it to move at least $5 higher.
SunTrust Banks, Inc. (NYSE: STI) fell 2.16% today, and Brian Kelly said that if you want to be long the financial stocks, you should buy Bank of America Corporation (NYSE: BAC). He added that he owns Bank of America Corporation (BAC).
Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) fell 7.69% today, and Tim Seymour said that this stock has a pretty high P/E ratio, and that there is a lot of competition in this space. Starbucks Corporation (SBUX) is its competitor, added Tim Seymour.
