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Buy Or Sell: Apple Inc. (AAPL), International Business Machines Corp. (IBM), Costco Wholesale Corporation (COST) And Organovo Holding Inc (ONVO)

Wall street has seen a lot of up and down movements in the week that just closed, with many big names like Apple Inc. (NASDAQ:AAPL), International Business Machines Corp. (NYSE:IBM), Costco Wholesale Corporation (NASDAQ:COST) seeing a drop in share prices and totally an unexpected name like Organovo Holding Inc (NYSEMKT:ONVO) gaining big. CNBC’s Fast Money Traders, Dan Nathan, Pete Najarian, Tim Seymour and Brian Kelly talked on CNBC about their take on these stocks.

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Costco Wholesale Corporation (NASDAQ:COST) has got downgrades from Analysts following a poor week which saw them lose more than 3.5% in share price. The stock has reached its all-time high on Wednesday, following which the stock lost close to 6% in three days. Costco Wholesale Corporation (NASDAQ:COST) is now trading at just under $138. Dan Nathan is long Costco Wholesale Corporation (NASDAQ:COST) with January Put spread.

“I think you will see $135 in the stock over the next week,” Nathan said about Costco Wholesale Corporation (NASDAQ:COST).

International Business Machines Corp. (NYSE:IBM) is another big name which lost big in the last week. The stock has hit the bottom for almost a year and is currently trading at just above $155. International Business Machines Corp. (NYSE:IBM) stock has lost more than 4% in the week that just ended, with around 3.5% of drop on Friday. Pete Najarian advised to stay away from this stock for some time.

“[…] It has been broken for a very long period of time and it actually completely collapsed today. I think this is one of those names that right now, all the bears are really in control. I think stay away from this thing for quite a while,” Najarian said about International Business Machines Corp. (NYSE:IBM) stock.

Apple Inc. (NASDAQ:AAPL) has lost 5% for the week with around 2% on Friday. Tim Seymour thinks that Apple Inc. (NASDAQ:AAPL) stock is defensive. He pointed out that next buy period for Apple Inc. (NASDAQ:AAPL) stock is around $100. Seymour is long Apple Inc. (NASDAQ:AAPL) stock.

The final name which gained over 15% on Friday was Organovo Holding Inc (NYSEMKT:ONVO). Brian Kelly said that Organovo Holding Inc (NYSEMKT:ONVO) is a stock to buy and put away for a very long time to see a lot of profits out of it.

Disclosure: None

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