CNBC's Stock Pops & Drops From April 20

On CNBC's Stock Pops & Drops, Guy Adami said that he would stay long Hasbro, Inc. HAS even with the 12.55 percent move higher on Monday. Steve Grasso sees more room on the downside for Michael Kors Holdings Ltd KORS. The stock fell 1.72 percent on a downgrade and it is probably going to get a couple of more downgrades, explained Grasso. Dan Nathan spoke about Splunk Inc SPLK, which gained 2.13 percent on Monday. There is a rumor of a possible acquisition by International Business Machines Corp. IBM, but Nathan doesn't see it as a realistic scenario. If the stock can show some continuation in momentum it could reach $70, believes Nathan. Pete Najarian thinks that China Mobile Ltd. (ADR) CHL has more room on the upside. The stock gained 5.39 percent on Monday.
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Posted In: CNBCLong IdeasMediaTrading IdeasDan NathanGuy AdamiPete NajarianSteve Grasso
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