Market Overview

CNBC's Stock Pops & Drops From August 14

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CNBC Fast Money's Guy Adami said on Stock Pops & Drops that Cisco Systems, Inc. (NASDAQ: CSCO) didn't have a bad quarter, but margins concern some people and the revenue growth wasn't there.

Adami thinks that the best way to play Cisco after a 2.62 percent drop to $24.53 is to wait for a decline to $22.50. At that price level he would consider going long Cisco.

E Commerce China Dangdang (NYSE: DANG) dropped 11.19 percent on Thursday and Tim Seymour thinks that you shouldn't buy the stock tomorrow. He added that this stock will grow and investors should put it on their watch list.

Plug Power (NASDAQ: PLUG) had great earnings, said Brian Kelly, and the stock jumped 4.20 percent. The alternative energy stocks have done well and the space looks like it has a good momentum. He would stick with this stock.

Rackspace Hosting (NYSE: RAX) gained 4.18 percent on Thursday and Karen Finerman explained that the stock popped on the news that Dan Loeb bought some shares.

Posted-In: Brian Kelly Guy Adami Karen FinermanCNBC Long Ideas Short Ideas Media Trading Ideas

 

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