CNBC's Stock Pops & Drops From May 1

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On CNBC's Stock Pops & Drops, Tim Seymour spoke about a 6.91 percent increase in Yum! Brands, Inc. YUM's price on Friday. In particular, he said the stock traded higher because of a turnaround in China, and activism. 

He would start to take profits because it has already moved around 25 percent higher in 2015, but he wouldn't consider a short position.

Steve Grasso explained that Chevron Corporation CVX fell 1.82 percent because its CEO is insisting on an increase in production over the next three years; he is not a buyer of the stock.

Guy Adami believes that Dreamworks Animation Skg Inc DWA should be bought at $22. It fell 4.34 percent on Friday and closed at $24.93.

Brian Kelly said that Live Nation Entertainment, Inc. LYV spiked 8.06 percent on an analyst upgrade. He thinks that the best strategy would be to wait for the stock to break above $27.40, which is its all-time high.

Posted In: CNBCMediaBrian KellyGuy AdamiSteve GrassoTim Seymour
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