Fast Money Pops & Drops, November 28th (FL, GNW, FCX, JOYG, WYNN, GRPN)

On CNBC's Fast Money, Karen Finerman explained that Foot Locker, Inc. FL gained 9.23% on the strength in the retail space. She commented that it was a good day for the retailers, and she added that she would not give any credit to Foot Locker, Inc. (FL). Guy Adami said that Citigroup's analysts upgraded Genworth Financial, Inc. GNW today, on the news that it is going to spin off its Australian insurance company in an IPO fashion. He thinks that the easy money has already been made, but Genworth Financial, Inc. (GNW) could still rally from here. Freeport-McMoRan Copper & Gold Inc. FCX gained 6.27% today, and Tim Seymour said that the strike in Freeport's (FCX) mine in Peru is over. Joe Terranova thinks that Joy Global Inc. JOYG is a buy. He also recommended a stop loss at $78.50. Joy Global Inc. (JOYG) spiked 7.54% today, and it closed at $84.72. Stephen Weiss explained that Wynn Resorts, Limited WYNN was sold off recently on China fears. The stock was very cheap, and it rallied with the rest of the market, said Mr. Weiss, and added that WYNN could trade lower again. Scott Nations said that people are starting to realize that Groupon Inc GRPN is not a leader in the space, and now its market value is less than 10 billion USD. Groupon Inc (GRPN) fell 9.01% today, and it closed at $15.24.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasGuy AdamiJoe TerranovaKaren FinermanScott NationsStephen WeissTim Seymour
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!