CNBC's Stock Pops & Drops From September 25

Loading...
Loading...
Speaking on
CNBC's Stock Pops & Drops
, Jon Najarian said that
AutoNation, Inc.AN
was one of the few stocks trading higher on Thursday. The stock jumped 0.66 percent and Najarian thinks that lower interest rates have to be good for the company. Guy Adami thinks that
Tiffany & Co.'sTIF
1.03 percent decline is not a huge drop when considering the market's performance on Thursday. He added that it is imperative for the stock to hold $96 to trade higher. Adami believes that it will be able to hold that level and he thinks that it is a good idea to buy the stock right now, but with a stop loss below the $96 level.
BlackBerry LtdBBRY
fell 6.76 percent and Brian Kelly explained that people didn't like its new product, the Passport. He closed the stock position he had in
Loading...
Loading...
BlackBerry Ltd
on Wednesday, but he holds call options going into earnings. Pete Najarian said that
Magnum Hunter Resources CorpMHR
gained 9.89 percent on the news that the company managed to find an incredible producing well. He doesn't think that it is a good idea to chase the stock and he added that a short squeeze could also be the reason for the move higher.
Loading...
Loading...
Posted In: CNBCMediaBrian KellyGuy AdamiJon NajarianPete Najarian
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...