CNBC's Stock Pops & Drops From November 5: Alibaba, Amazon, Stratasys And Toyota

Speaking on CNBC's Stock Pops & Drops, Dan Nathan said that Stratasys, Ltd. SSYS traded 10.80 percent lower after the company lowered its guidance. He would wait for the stock to drop additional 10 percent and then he would start thinking about buying. Tim Seymour said that Toyota Motor Corp (ADR) TM and other Japanese exporters are getting huge boost from the Yen weakness. He thinks that a price target of $135 looks interesting. Steve Grasso thinks that Alibaba Group Holding Ltd BABA can climb even higher, after it jumped 2.45 percent on strong earnings results. He is encouraged by the company's mobile users and mobile revenue increase. Guy Adami thinks that Amazon.com, Inc. AMZN could retest its lows from October 24. The stock slipped 2.08 percent on Wednesday and Adami thinks that the trading action has became choppy after David Einhorn announced that he is going to take a short position in the name.
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Posted In: CNBCMediaTrading IdeasDan NathanGuy AdamiSteve GrassoTim Seymour
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