Market Overview

CNBC's Stock Pops & Drops From September 3

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Pete Najarian said on CNBC's Stock Pops & Drops that CVS Caremark Corporation (NYSE: CVS) can go even higher, although it reached its 52-week high after it jumped 0.79 percent Wednesday. The company decided to change its name to CVS Health as it stopped selling tobacco.

Guy Adami commented on 2.6 percent increase in price of United States Steel Corporation (NYSE: X) and he explained that the steel space has pricing power right now. He feels that the sector can move even higher.

Brian Kelly said that Amazon.com, Inc. (NASDAQ: AMZN) dropped 0.99 percent on news that its CFO left the company. It is also facing a little bit more competition from Netflix, Inc. (NASDAQ: NFLX). He thinks that it is safe to own the stock because the Wall Street is still not questioning Amazon's growth.

Vince Holding Corp (NYSE: VNCE) fell 11.54 percent on Wednesday and Karen Finerman thinks that viewers should stay away from the stock. She has a short position in this name.

Posted-In: Brian Kelly Guy Adami Karen Finerman Pete NajarianCNBC Media

 

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