CNBC's Stock Pops & Drops From January 6

Guy Adami spoke on CNBC's Stock Pops & Drops about a 2.15 percent decline in General Electric Company GE. The stock traded lower on a downgrade by Deutsche Bank. Adami thinks that the valuation is not expensive. Brian Kelly said that Avon Products, Inc. AVP has been hurt by emerging markets. It dropped 6 percent and Kelly would not sell at this price because it is trading close to 1994 levels and it has potentially a lot of upside. Tim Seymour explained that AOL, Inc. AOL jumped 3.38 percent on Tuesday on takeover rumors. Pete Najarian said that Goldman Sachs Group Inc GS traded 2.02 percent lower along with the rest of the financials. He thinks that its current price level of $184 is a significant support. Najarian also mentioned that there was unusually large bullish options activity in JPMorgan Chase & Co. JPM.