CNBC's Stock Pops & Drops From February 2

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On CNBC's Stock Pops & Drops, Karen Finerman commented on a 2.78 percent move higher in United Rentals, Inc. URI. She explained that the stock bounced after a horrible run lower in a week after earnings.

She likes the stock and she bought it on Monday.

Steve Grasso would apply a three day waiting rule before buying Pitney Bowes Inc. PBI. The stock dropped 7.17 percent on Monday and Grasso wants to see if it is going to hold $21. He added that Brean Capital announced that the headline risk in the stock is way overblown, and that it is a buy at this price level.

Guy Adami, meanwhile, said Lululemon Athletica inc. LULU dropped 1.09 percent on news that the founder resigned from the board of directors. He added that JP Morgan has a $75 price target on the stock and that it might trade higher to that price level.

Shake Shack Inc SHAK fell 4.16 percent in the second day of trading and Tim Seymour is not chasing the stock because there is better value in other fast food names, he said.

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Posted In: CNBCMediaGuy AdamiKaren FinermanSteve GrassoTim Seymour
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