Fast Money Traders Comment On Stocks Making Headlines On Wednesday: Panera Bread, Hershey And More

On CNBC's Fast Money, Jon Najarian said that The Goodyear Tire & Rubber Company GT had unusual activity several times in the last 20 days and it spiked more than 5 percent on Wednesday. He had a long position in the stock and he took profits at $24.

Mike Murphy thinks that Panera Bread Co PNRA didn't post a great report, but it is possible to find some positives in it as same-store sales increased by more than 3 percent. He doesn't like the company from the fundamental stand point but the chart looks good to him. Murphy thinks that $160 price level should hold. Panera Bread Co traded 4.47 percent lower.

Josh Brown commented on Hershey Co's HSY 2 percent decline. He wouldn't buy the dip because the company's earnings showed weaker global sales. The company is struggling because of higher dairy prices and stronger dollar. The dividend yield is not attractive enough for the staples space and the chart looks terrible, thinks Brown. He would avoid this stock.

Gilead Sciences, Inc. GILD managed to beat estimates on Tuesday despite lower sales of its hepatitis C drug. Stephen Weiss thinks that this shows that it is not just a hepatitis C company. He has a long position but he doesn't have any more room to add on a dip of 2.26 percent. Weiss believes that the story is going to get just better.