Fast Money Pops & Drops, January 11th (LEN, HPQ, JASO, ARMH, TLB)

On CNBC's Fast Money, Guy Adami said that Lennar Corporation LEN reported a great quarter today, and spiked 7.09%. Despite a good forecast for 2011, Guy Adami is a seller of Lennar Corporation (LEN) because he thinks that it is forming a double top. The Talbots, Inc. TLB slipped 17.44% today, and closed at $6.25, as it forecasted a bigger than expected quarterly loss. Jon Najarian commented that if this stock threatens to $5, it is going to be dangerous for shareholders. Hewlett-Packard Company HPQ got upgraded today by UBS, and it closed 1.27% higher today. Joe Terranova said that this was the first time since April that Hewlett-Packard Company (HPQ) moved above its 200-day moving average. He wants to buy it around $43 -$44. Auriga upgraded JA Solar Holdings Co., Ltd. (ADR) JASO, and the stock jumped 3.04% today. Tim Seymour expects JA Solar Holdings Co., Ltd. (ADR) JASO to make a pause after it jumped 16% in five days. He is a seller of this stock. ARM Holdings plc (ADR) ARMH gained 3.26% in the regular trading session, and added 1.03% in the after hours on a rumor of a possible upgrade by Morgan Stanley.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasApparel RetailBarry RitholtzComputer HardwareConsumer DiscretionaryElectrical Components & EquipmentGuy AdamiHomebuildingIndustrialsInformation TechnologyJoe TerranovaJon NajarianSemiconductorsTim Seymour
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!