Fast Money Pops & Drops, September 27th (WAG, JOYG, BEAV, BP, CAT, ATI)

CNBC Fast Money's Tim Seymour said on the show that Walgreen Company WAG lost a major customer, and the stock fell 6.27%. This was a major loss, added Tim Seymour. Guy Adami thinks that Joy Global Inc. JOYG is oversold, and it is going higher. Joy Global Inc. (JOYG) gained 5.23% today, and it closed at $69.59. BE Aerospace, Inc. BEAV is a tremendous company, thinks Joe Terranova. It has a solid free cash flow, and it is a potential M&A target. He added that it is OK to own it at its current price. BE Aerospace, Inc. (BEAV) jumped 3.41%, and it closed at $35.16. Dennis Gartman explained that oil traded higher today, and that it could continue to move higher. BP plc (ADR) BP was the beneficiary of the strong move in oil. BP plc (ADR) (BP) gained 2.73% today, and it closed at $37.94. Stephen Weiss would be careful with Caterpillar Inc. CAT, because Komatsu signaled a warning about China, because of the troubles it had getting paid in that market. Caterpillar Inc. (CAT) gained 1.07% today, and closed at $77.67. Allegheny Technologies Incorporated ATI is trading at a 65% discount to the average analyst price target, said Mike Khouw. He thinks that the stock is cheap at this price level. Allegheny Technologies Incorporated (ATI) spiked 7.35% today, and it closed at $41.62.
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Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasDennis GartmanGuy AdamiJoe TerranovaMike KhouwStephen WeissTim Seymour
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