Market Overview

CNBC's Stock Pops & Drops From August 18

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Speaking on CNBC's Stock Pops & Drops, Pete Najarian said SeaWorld Entertainment (NYSE: SEAS) was slammed last week and the 1.29 percent increase is not enough. He thinks that the viewers should stay away from this name.

General Electric (NYSE: GE) gained 1.68 percent on an upgrade by Credit Suisse. Guy Adami said that he likes General Electric and the stock should be trading above $30.

Monster Beverage (NASDAQ: MNST) dropped 5.4 percent and Karen Finerman explained that this is just a backtracking after a gigantic move on The Coca-Cola Company (NYSE: KO) deal news. She thinks that the stock is too expensive.

Steve Grasso thinks that Family Dollar (NYSE: FDO) is going higher, probably to mid $80s. He added that technically he hates buying charts like this one, but the price keeps moving higher. Family Dollar gained 4.93 percent on Monday and closed at $79.81.

Posted-In: Guy Adami Karen Finerman Pete NajarianCNBC Long Ideas Fast Money Media Trading Ideas


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