Market Overview

CNBC's Stock Pops & Drops From August 22

Related GILD
Jefferies Says Gilead's 4997 Data Is Impressive, Underappreciated
Exclusive: SunTrust Top Analysts Explain Fatty Liver Diseases, Galmed's Potential In The Space
Celgene's Stock Price Ready To Join The Sales Trend And Rock And Roll (Seeking Alpha)
Related DE
Trump Or Clinton: Who Would Create More Jobs?
Deere Likely To Benefit From A Bottoming In Demand After 3 Years Of Declines
AGCO's Q3 Earnings Surprise 40% To The Upside, But It's Still Too Expensive (Seeking Alpha)

Guy Adami said on CNBC's Stock Pops & Drops that investors should be taking profits in Gilead Sciences (NASDAQ: GILD), because it moved from $80 to $103.96 in two months. The move was rather fast, thinks Adami. Gilead Sciences jumped 1.65 percent on Friday.

Tim Seymour said that Deere & Company (NYSE: DE) dropped 1.68 percent because large crop estimates are pushing commodity prices lower, and farmers are pulling out. He added that the stock should be trading between $84 and $95. Deere & Company closed Friday's trading session at $84.76.

Ross Stores (NASDAQ: ROST) jumped 7.39 percent on Friday, and it closed at $74.37. Steve Grasso believes that investors can sell the stock. He is not a long-term buyer.

Brian Kelly explained that Dynegy (NYSE: DYN) jumped 8.75 percent on the news that it bought some assets of Duke Energy (NYSE: DUK). He thinks that investors should be closing their long positions in this stock.


Posted-In: Brian Kelly Guy Adami Steve Grasso Tim SeymourCNBC News Media


Related Articles (DE + DUK)

View Comments and Join the Discussion!