CNBC's Stock Pops & Drops From January 9

Brian Kelly said on CNBC's Stock Pops & Drops that he wouldn't buy Container Store Group Inc TCS after it dropped 14.24 percent because there is more room on the downside. He explained that the company decided to cut its sales view. Guy Adami commented that Yelp Inc YELP gained 4.16 percent on an upgrade by Paul Bieber from Bank of America. The analyst has a price target of $70. Steve Grasso thinks that AbbVie Inc ABBV fell 2.74 percent on concerns about price wars in the space. Grasso added that traders who want exposure in the space should buy AbbVie. Tim Seymour would buy Starbucks Corporation SBUX after it dropped 3.27 percent on the news that the COO took an extended unpaid leave. Seymour believes that traders should not be worried about the management because Howard Schultz is in charge.
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Posted In: CNBCMediaTrading IdeasBrian KellyGuy AdamiSteve GrassoTim Seymour
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