CNBC's Stock Pops & Drops From August 8

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Speaking on
CNBC's Stock Pops & Drops
, Pete Najarian said that Monster Beverage Corp
MNST
had impressive sales growth and it also managed to beat earnings. The stock gained 6.68% on Friday and Mr. Najarian believes that it is going even higher. Guy Adami said that NVIDIA Corporation
NVDA
had a great 2Q and he pointed to its unbelievable gross margins. He explained that with the short interest in this stock, it will most likely make a push towards $20. NVIDIA spiked 8.82% on Friday and it closed at $19. Mercadolibre Inc
MELI
skyrocketed 14.51% and Tim Seymour said that the investors were worried about the exposure the company has in Argentina and Venezuela and they were selling before the earnings. The company managed to beat the earnings and obviously many were caught off guard. After this move, Tim Seymour thinks that investors should be careful. There was no sunshine in the earnings report of SolarCity Corp
SCTY
, said Brian Kelly. The stock fell 7.26% and closed at $70.14 on Friday. Mr. Kelly thinks that when a stock doesn't have positive earnings, it has to have growth. He doesn't see growth in SolarCity and he would sell this stock.
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Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasBrian KellyGuy AdamiPete NajarianTim Seymour
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