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Halftime—Analyst: Hanesbrands 'Whipping Boy' For Higher Cotton Prices
03 Feb 2011 EST - CNBC.com
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---POPS & DROPS

Stocks fell slightly Thursday as investors weighed strong signs of an economy on the mend against worries over turmoil in Egypt. The "Fast Money" traders, though, thought to these market movers were most notable by midday trading.

Pops (stocks that went up)

Green Mountain Coffee (GMCR) popped 16%: The seller of Keurig single-cup brewers said it estimates second-quarter profit higher than the Street’s projection. Stuart Frankel's Steve Grasso likes the product and the stock, but would wait for a pullback to buy shares.

Drops (stocks that wend down)

CVS Caremark (CVS) dropped 6%: Shares sold off after the drugstore giant posted a drop in fourth-quarter profit. CVS said the decline stemmed partly from the termination of large client contracts along with a decrease of coverage under Medicare Part D. Should the stock drop to $31.50, Guy Adami of Drakon Capital would consider buying shares.

Merck (MRK) dropped 2.5%: The drug company reported a fourth-quarter loss of $531 million, or 17 cents a share, which is far below the average analyst's estimate of 88 cents a share. Veracruz founder Steve Cortes likes this stocks 4.5 percent dividend yield. He's a buyer on this pullback.

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