On CNBC's Stock Pops & Drops, Guy Adami said that Seadrill Ltd SDRL fell 5.38 percent because of some problems with Petroleo Brasileiro Petrobras SA (ADR) PBR contracts, which are going to take away around $1 billion from its back log.
Adami thinks that the real tell about this stock is going to be on Transocean LTD's RIG earnings. If Transocean LTD cuts its dividend there is going to be a relief rally in Seadrill Ltd.
Tim Seymour would stay in Las Vegas Sands Corp. LVS after the stock gained 2.91 percent on Friday.
Steve Grasso explained that Ariad Pharmaceuticals, Inc. ARIA spiked 6.52 percent on an activist interest. Traders who decide to buy it should place a stop loss at $7.00.
Brian Kelly said that J C Penney Company Inc JCP got upgraded on Friday and it gained 1.77 percent. It looks like the stock is out of the danger zone for the time being. He would wait for a break out above $8.30 before buying it.
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