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, Pete Najarian said that
Rite Aid CorporationRAD dropped 18.52 percent after the company posted lower than expected guidance.
Najarian added that the reported earnings numbers were better than expected, but it is all about the guidance and the margins from the pharmaceutical side, which are killing them, and they make 70 percent of the company's sales.
SanDisk CorporationSNDK jumped 2.99 percent on the news that it might benefit from
Apple Inc.'sAAPL iPhone 6. Jon Najarian said that he is bullish on the stock.
jumped 1.62 percent after the announcement of a major reorganization. Guy Adami said that it is unusual to see a company that is reorganizing when it is trading close to its 52-week high. He believes that it is even better run now. Adami added that, in the space, the viewers can own
Air Products & Chemicals, Inc.Loading...
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and
Praxair, Inc.PX.
Dan Nathan thinks that 1.59 percent increase in price in
Kohl's CorporationKSS could be a beginning of a turnaround. The stock jumped on an upgrade from Citigroup and Nathan believes that it is a cheap stock, which might trade higher to $70 over the next six months.
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