Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!Cheniere popped .
The catalyst: Regulators vote next week on Cheniere's proposed liquefied natural gas (LNG) export plant at Sabine Pass in Louisiana. The trade: “If the plant is approved, this company will become the sole exporter of liquefied nat gas,” says Steve Grasso. “I think that’s very bullish and I’m a buyer.”Micron dropped .The catalyst: S&P revised its outlook to negative from stable, citing weak memory market conditions, potential acquisition spending, and increased leverage.The trade: “The stock traded down but not that much,” says Jon Najarian. “If it stabilizes around $7, I’m a buyer.”Johnson Controls popped .The catalyst: Deutsche Bank upgraded its rating on JCI from “Hold” to “Buy” with a $39 price target.The trade: “I’m long the name,” reveals Mike Murphy. “I think estimates are way too low.”Page 1 of 4 | Next Page