Fast Money Pops & Drops, June 20th (AGU, BX, PETM, CAT, RIMM)

Guy Adami said on CNBC's Fast Money that Agrium AGU jumped 4.05%, after it raised its guidance. He thinks that Agrium Inc. (USA) (AGU) looks attractive at $83 or $84. Dan Nathan said that The Blackstone Group L.P. BX might make an acquisition in Europe next week. The Blackstone Group L.P. (BX) fell 1.08% today, and it closed at $16.45. PetSmart, Inc. PETM traded 2.19% higher today, and it closed at $44.34. Stephen Weiss thinks that the stock looks great, and he also believes that PetSmart, Inc. (PETM) is a well run company. Caterpillar Inc. CAT gained 2.32% today, and Joe Terranova thinks that this is a classical technical trade. CAT rebounded, after it came close to its 200-day moving average. Joe Terranova added that $94 is a point of reference ,and it is easy to own this stock at that price level. Tim Seymour said that Research In Motion Limited (USA) RIMM dropped 6.70% today after Bernstein downgraded the stock.
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Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasAsset Management & Custody BanksCommunications EquipmentConstruction & Farm Machinery & Heavy TrucksConsumer DiscretionaryDan NathanFertilizers & Agricultural ChemicalsFinancialsGuy AdamiIndustrialsInformation TechnologyJoe TerranovaMaterialsSpecialty StoresStephen WeissTim Seymour
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