Market Overview

CNBC's Stock Pops & Drops From August 25

Share:
Related BBRY
10 Companies Apple Almost Bought In The Past 10 Years
Watch These 10 Huge Call Purchases In Thursday Trade
BlackBerry redeeming debentures, issuing new ones (Seeking Alpha)

Steve Grasso said on CNBC's Stock Pops & Drops that every strength in BlackBerry (NASDAQ: BBRY) should be sold. BlackBerry gained 0.60 percent on Monday and closed at $10.

Credit Suisse raised U.S. Steel's (NYSE: X) price target from $25 to $50 and the stock gained 2.62 percent. Guy Adami said that U.S. Steel is a great turnaround story. The company has restructured and although it probably moved too much too fast, Adami thinks that it is going to $45.

Pete Najarian explained that Ann (NYSE: ANN) jumped 6.45 percent on news that the activists see the company as a takeover target. He thinks that the stock looks cheap.

Qihoo 360 Technology(NYSE: QIHU) fell 7.74 percent and Tim Seymour thinks that this might be an opportunity to buy the stock on the weakness. He added that earnings results were not bad, but investors expect higher growth from the company.

Posted-In: Guy Adami Pete Najarian Steve Grasso Tim SeymourCNBC Media

 

Related Articles (ANN + BBRY)

View Comments and Join the Discussion!