Fast Money Pops & Drops, March 2nd (JOYG, BUCY, MDR, TIVO, WFT, MMI, AAPL)
CNBC Fast Money's Tim Seymour said that Joy Global's (NASDAQ: JOYG) earnings results looked good, but the company missed on estimates. He added that Bucyrus International, Inc. (NASDAQ: BUCY) has really set the bar high for the sector. Joy Global (JOYG) fell 2.76% today, and closed at $94.32. Tim Seymour thinks that it doesn't look cheap.
McDermott International (NYSE: MDR) spiked 9.38% in the regular trading session, and it added 1.27% in the after hours. Joe Terranova said that he likes this stock, and he suggested that investors should stay with it. Joe Terranova explained that McDermott International (MDR) is building oil and gas platforms right now, and the company announced $700 million of new contracts.
TiVo Inc. (NASDAQ: TIVO) fell 9.06% on earnings. Karen Finerman said that she likes the product, but she doesn't like the stock.
Stephen Weiss said that Weatherford International Ltd. (NYSE: WFT) announced that it has to delay the filing of its 10-K report, because of a minor accounting issue. Weatherford International Ltd. (WFT) fell 10.12% in the regular session, and it added 2.32% in the after hours. Stephen Weiss bought this stock today, because it is cheap and it has a good growth.
Brian Kelly said that Motorola Mobility Holdings, Inc. (NYSE: MMI) was downgraded today. The stock traded 3.80% lower, and Brian Kelly believes that Motorola Mobility Holdings, Inc. (MMI) has more problems with Apple (NASDAQ: AAPL) than with anything else.
