CNBC's Stock Pops & Drops From May 7

On CNBC's Stock Pops & Drops, Steve Grasso spoke about a 3.63 percent move higher in Finish Line Inc FINL. He prefers Nike Inc NKE in the space. Dan Nathan would buy Shake Shack Inc SHAK if it drops below $60. The stock dropped 12.10 percent and closed at $66.04 and Nathan thinks that moves like this one are going to happen in the future. He added that the valuation makes absolutely no sense, but only traders who believe that the company is going to have a great future should buy it. Brian Kelly explained that Sunedison Inc SUNE gained 12.61 percent on the news of another yield co. Kelly would rather buy Trina Solar Limited (ADR) TSL if it trades around $10.50. Guy Adami said that TASER International, Inc. TASR fell 5.32 percent on a downgrade by Oppenheimer. He would wait for a break out above $36 or for a pull back to $27 before considering buying the stock.