Fast Money Traders Share Their Opinions On El Pollo LoCo Holdings Inc, Zynga Inc, Janus Capital Group Inc And Rackspace Hosting, Inc.

CNBC Fast Money's Pete Najarian said on "Halftime Report" that El Pollo LoCo Holdings Inc LOCO is under pressure on Tuesday because it decided to sell 6 million shares. The stock fell approximately 4 percent and Najarian sees this as an opportunity to buy, but he hasn't done so yet. Josh Brown wouldn't buy Zynga Inc ZNGA, after the stock spiked approximately 9 percent on an upgrade from Jefferies. He said that he wouldn't short it either. Mike Murphy commented on a 4.5 percent decline in Janus Capital Group Inc JNS. He explained that the company managed to capture only 1 billion dollars from the money that left Pimco after Bill Gross left. Murphy thinks that money won't follow Bill Gross and it was a great opportunity to sell Janus Capital Group Inc after the stock traded significantly higher on the news that Gross has joined the company. Stephen Weiss said that he would buy Rackspace Hosting, Inc. RAX on a 13 percent move higher. The stock surged as the company posted better than expected earnings.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCMediaJosh BrownMike MurphyPete NajarianStephen Weiss
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!