Fast Money Pops & Drops, January 13th (WFMI, EMC, COP, MSCI, CMG)

CNBC Fast Money's Guy Adami believes that Whole Foods Market, Inc. WFMI will continue to move higher. Whole Foods Market, Inc. (WFMI) jumped 4.60% today, after Jefferies raised its estimates and price target for this stock. Joe Terranova said that Citi decided to put ConocoPhillips COP on a sell from a hold, but it also raised its price target from $56 to $64. That move doesn't make a lot of sense to Joe Terranova. He thinks that ConocoPhillips (COP) is a great play on refining space, oil and natural gas. ConocoPhillips (COP) fell 2.08% today, and closed at $67.26. EMC Corporation EMC jumped 2.26% today on an upgrade from Lazard Capital, explained Pete Najarian. He thinks that this stock had a great run, but it is time to take profits. EMC Corporation (EMC) closed at $23.98, and it had a volume of 37.47M traded shares. Its average volume is 15.60M traded shares. MSCI Inc. MSCI is an index company that most of the world is benchmarked against, said Tim Seymour. MSCI Inc. (MSCI) traded 7.48% lower today, on a big volume. Tim Seymour believes that you can probably pick up MSCI cheaper, but you shouldn't try to catch it tomorrow. MSCI dropped today, after the company reported that margin growth may slow down because of its capital spending. Chipotle Mexican Grill, Inc. CMG got upgraded today, and it spiked 5.50%. Brian Kelly said that he likes this stock at this price level. He believes that Chipotle Mexican Grill, Inc. (CMG) is going higher.
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Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasBrian KellyComputer Storage & PeripheralsConsumer DiscretionaryConsumer StaplesEnergyFood RetailGuy AdamiInformation TechnologyIntegrated Oil & GasJoe TerranovaPete NajarianRestaurantsTim Seymour
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