Jon Najarian Is Buying LEAP, SYNA, WFR

OptionMonster.com co-founder, Jon Najarian, spoke on CNBC's Fast Money about stocks that were underperforming in the recent rally. He thinks that it is a good idea to buy stocks like Leap Wireless International (NASDAQ: LEAP), Synaptics Incorporated (NASDAQ: SYNA) and MEMC Electronics Materials, Inc (NYSE: WFR), as he recons that there is a good chance that they will go up. The alternative is a double dip, where everything declines by the end of the year.

Leap Wireless International (LEAP) traded mostly in the positive territory on Friday, while Synaptics (SYNA) dropped around 3%. MEMC Electronics (WFR) traded around 1% down.