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Guy Adami said in the segment of the show called "Stock Pops & Drops" that
iRobot CorporationIRBT jumped 14.01 percent on a great quarter and a great guidance.
Adami thinks that the valuation of the stock is a little bit ridiculous, but traders should wait for it to trade between $42 and $45 before they sell it. The stock is currently trading at $36.04.
Pete Najarian explained that
Broadcom CorporationBRCM spiked 5.46 percent on a great quarterly report. The company managed to increase revenues 22 percent. The stock traded lower last week along with
Microchip Technology Inc.MCHP. Najarian thinks that the best strategy should be to wait for
Broadcom Corporation to pull back and then to buy the stock.
Brian Kelly said that
Angie's List IncANGI had terrible earnings and the stock dropped 19.44 percent. He would stay away from this name.
VMware, Inc.VMW dropped 7.08 percent after posting earnings. Dan Nathan thinks that the guidance is not realistic and that he can't see how can it achieve 16 percent growth next year. He thinks that it should trade another 10 percent lower.
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