CNBC's Stock Pops & Drops From March 23

On CNBC's Stock Pops & Drops, Steve Grasso said that Tenet Healthcare Corp THC gained 4.94 percent on Monday on comments by Supreme Court Justice Anthony Kennedy. He was skeptical about appealing Obamacare. Grasso would stick with the healthcare names as long as they are positive on the year. Brian Kelly explained that Kansas City Southern KSU dropped 7.96 percent on earnings warning. He thinks that this is a warning that the economy is slowing. Kelly would stay away from the name and he suggested that viewers should watch the other railway stocks. Pete Najarian thinks that a 4.19 percent jump in Avon Products, Inc. AVP is only temporary and that the stock is going lower. Guy Adami believes that Herbalife Ltd. HLF is also going lower, despite a 6.86 percent increase in price on Monday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCMediaTrading IdeasBrian KellyGuy AdamiPete NajarianSteve Grasso
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!