CNBC's Stock Pops & Drops From August 22

Guy Adami said on CNBC's Stock Pops & Drops that investors should be taking profits in Gilead Sciences GILD, because it moved from $80 to $103.96 in two months. The move was rather fast, thinks Guy Adami. Gilead Sciences jumped 1.65% on Friday. Tim Seymour said that Deere & Company DE dropped 1.68% 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 ROST jumped 7.39% on Friday and it closed at $74.37 and Steve Grasso believes that investors can sell the stock. He is not a long term buyer. Brian Kelly explained that Dynegy DYN jumped 8.75% on the news that it bought some assets of Duke Energy DUK. He thinks that investors should be closing their long positions in this stock.
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Posted In: CNBCMediaBrian KellyGuy AdamiSteve GrassoTim Seymour
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