CNBC's Stock Pops & Drops From February 24: Macy's, Shake Shack, MGM Resorts, Transocean

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On
CNBC's Stock Pops & Drops
, Karen Finerman said that
Macy's, Inc.M
fell 3.21 percent on disappointing guidance. She thinks that the selloff is overdone and the valuation is cheap. She likes the stock. Pete Najarian believes that
Shake Shack IncSHAK
is expensive after it jumped 4.50 percent on Tuesday. He thinks that the stock is going to retreat from its current price. Steve Grasso explained that
MGM Resorts InternationalMGM
has proved that it can hold a $21.30 range for him to buy the stock. He added that the company is less dependent to Macau than the rest of the space. Guy Adami thinks that a Tuesday's 1.91 percent decline in
Transocean LTDRIG
is a late reaction to a dividend cut and a resignation of the CEO. He said that the stock is getting towards levels that are interesting, but he sees it below $15.
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Posted In: CNBCMediaGuy AdamiKaren FinermanPete NajarianSteve Grasso
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