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, Guy Adami spoke about a 2.42 percent decline in
Freeport-McMoRan IncFCX, which traded lower on the news that the company is being sued by shareholders for overpaying for Freeport Exploration. Adami thinks that it is very important for the stock to hold above $25, but he added that this is a very dangerous trade.
Dan Nathan said that
Microsoft CorporationMSFT gained 1.69 percent on the news that it is going to buy Acompli. Nathan thinks that it is good that the company is making small acquisitions like this one, but he wouldn't touch the stock going into year end. He would look at it around $45.
Steve Grasso thinks that
Carnival CorporationCCL, which dropped 4.01 percent on Monday, could trade higher if crude oil stays low.
Karen Finerman likes
Alibaba Group Holding LtdBABA after the stock declined 5.06 percent.
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