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Guy Adami spoke on
CNBC's Stock Pops & Drops about a 2.15 percent decline in
General Electric CompanyGE. 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 IncGS 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.
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