Fast Money Traders Comment On Stocks Making Headlines On January 27

Pete Najarian spoke on CNBC's Fast Money Halftime Report about a sharp decline in Peabody Energy Corporation (NYSE: BTU). The stock closed the session 6.45 percent lower after missing earnings estimates and cutting dividend. Najarian wouldn't buy the stock.

Freeport-McMoRan Inc (NYSE: FCX) also missed on earnings and dropped 6.03 percent. Jim Lebenthal thinks that it is still too early to buy the stock. He expects that the company will have to cut the dividend.

Ian Winer explained that AK Steel Holding Corporation (NYSE: AKS) bounced 4.94 percent after posting better-than-expected earnings.

David Kudla said that Zions Bancorporation (NASDAQ: ZION) is making lower highs and lower lows. It dropped 1.63 percent and because this bank has exposure in the energy space, Kudla wouldn't buy it until things in the energy space settle down.