Connect with us

Hi, what are you looking for?

Jewish Business News

World News

Fast Money: 3 First Trades for Tuesday: 4 Pops & Drops on Monday

CNBC Fast Money

The traders on CNBC’s Fast Money discussed notable “Pops and Drops” for Monday August 11:

JetBlue (JBLU) has lagged its peers in the airline industry and has struggled with margins, but finally broke out and rose 2%.

Pandora (P) jumped 5% on rumors that it might be taken over by Google or another large internet company.

ADT Corp (ADT) rose 2% on Tuesday after reporting earnings last week. Karen Finerman admitted she wasn’t sure what the catalyst was that moved it up, but ADT is worth watching.

King Digital (KING) fell 6% on a downgrade. Pete Najarian notes that King Digital reports earnings after the close on Tuesday, and if management tells a good story, it might be worth buying on a decline.

First Trades For Tuesday:

Yandex (YNDX): Tim Seymour thinks that news out of Russia might not be as dire as expected, and this will be good for Russian internet stock, Yandex.

AT&T (T) is a stock Dan Nathan thinks is a good bond equivalent, given its bountiful 5.3% yield. Since bond yields are not rising, investors are flocking to high-dividend stocks.

Karen Finerman would sell ALPS Alerian MLP ETF (AMLP), because the news that Kinder Morgan is buying up its MLP divisions may be a sign that MLPs have reached their peak.


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...


Now Platika joins and elite club of $10 billion plus Israeli firms.