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Following are the day’s biggest winners and losers. Find out why shares of Priceline.com and Sprint popped while Wells Fargo and gold dropped.
POPS (stocks that jumped higher)Priceline.com (PCLN) popped 16%. Fourth-quarter earnings beat expectations due to strong growth in bookings. - I can't figure them out, muses Pete Najarian.
Sprint Nextel (S) popped 20%. The phone company reported a smaller-than-expected loss and said its recapturing some of its subscriber losses. - I wouldn't buy it, counsels Joe Terranova.
Target (TGT) popped 2%. A bullish report in Barron’s said that patience in the stock could be nicely rewarded and cited Pershing Square’s faith in the company. - This stock hasn't been this cheap in a long time, explains Karen Finerman.
CVS Caremark (CVS) popped 6%. The store beat on fourth-quarter earnings; also sales and margins rose. - I think it's a buy, says Joe Terranova.
Dress Barn (DBRN) popped 11%. The clothing retailer said profits for its fiscal year ending in July could exceed expectations; also same-store sales rose in the early months of 2009. - They look better than a lot of other retailers, says Tim Seymour.
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