On CNBC's Stock Pops & Drops, Dan Nathan commented on a 5.29 percent drop in SAP SE (ADR) SAP. He explained that it is trading 25 percent lower from its 52-week high and close to its 52-week low. If the ECB decides to start QE it can be owned at 52-week low, said Nathan.
Guy Adami thinks that Smith & Wesson Holding Corp SWHC could move even higher after the stock spiked 16.47 percent on better than expected guidance. He emphasized that it has a big short interest.
Pete Najarian sees J C Penney Company Inc JCP at $7 after it dropped 2.69 percent. He said that it is probably pulling back from a huge move higher earlier this year.
Tim Seymour said that Johnson & Johnson JNJ reported good earnings, but it dropped 2.64 percent because the company needs to replenish its pipeline and it is not planning to do that at the moment.
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