Fast Money Pops & Drops, June 22nd (KMX, ADBE, AVAV, LO, JBL, LNG)

CNBC Fast Money's Guy Adami said that CarMax, Inc KMX had a monster quarter. He explained that KMX will probably have one more day on the upside, but then it will fade around $34. CarMax, Inc (KMX) spiked 7.01% on Wednesday, and it closed at $32.66. Adobe Systems Incorporated ADBE reported lower than expected sales in Europe, and the stock dropped 6.25%. Joe Terranova is a buyer of this stock. AeroVironment, Inc. AVAV spiked 20.62% today, and Tim Seymour commented that he would be careful at this level, because this stock is pretty volatile. Lorillard Inc. LO dropped 1.68% today, and it closed at $110.01. Brian Kelly said that he would use this opportunity to buy LO, because this company is buying back so many shares that it could go private. Jabil Circuit, Inc. JBL jumped 3.18% today, and Brian Stutland wants to see this stock above $19.98, before he becomes a buyer. This price level is JBL's 50-day moving average. Cheniere Energy, Inc. LNG gained 5.68% in the regular trading session, and it added 2.92% in the after hours. Karen Finerman likes this company.
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Posted In: CNBCLong IdeasFast MoneyMediaTrading IdeasAerospace & DefenseApplication SoftwareAutomotive RetailBrian KellyBrian StutlandConsumer DiscretionaryConsumer StaplesElectronic Manufacturing ServicesEnergyGuy AdamiIndustrialsInformation TechnologyJoe TerranovaKaren FinermanOil & Gas Exploration & ProductionTim SeymourTobacco
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