Stock Trading

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday May 20. Bullish Calls: Asbury Automotive Group (ABG), AutoZone (AZO): "You can still buy Asbury. I feel the same way about AutoZone. This group has been quietly undervalued. It is driving me nuts." CarMax (KMX): "Here's the skinny with this stock. It is still inexpensive and I want to own it." Radian (RDN) and Genworth (GNW): "These are good." Penn National Gaming (PENN): "I like those stocks. That goes higher." Linn Co (LNCO): "I recommend Linn Co. That is one you don't have to have all of those crazy forms for (regarding taxes and investing for IRAs)." Cheniere

I wrote nearly a month ago that "The Worse Things Were For The Mining Sector, The Better They Will Get". This was after the first downward plunge in gold (GLD) and silver (SLV) in April due to the Goldman short. (click to enlarge) Now four weeks later, gold, silver and the miners (GDX) tested that April low and even fell below it only to reverse higher than the previous day's selling. Across the precious metals board, we witnessed bullish engulfing patterns. We witnessed a similar reversal back in October of 2011 in the S&P500 (SPY) when we called for a bullish upturn in equities. See the video update from back then.We saw today (Monday) gold, silver and both the large and junior miners (GDXJ) dip lower at the open and close above Friday's high on more than triple average volume. This is a significant technical development as it

When Facebook (FB) bought Instagram for $1B last year, it was a startup less than 2 years old. Its photo app attracted over 30m users and sported an eye-popping user growth curve. Since then, entrepreneurs, VCs and pundits have actively wondered who would be next. I think we know now. And, ironically, it isn't a natively mobile service.On Sunday, it was reported that Yahoo's (YHOO) board approved the acquisition of Tumblr for $1.1B. And after the broad media coverage and discussion about Facebook's 1 year IPO anniversary, I think it is interesting to note that the Tumblr acquisition could be for Yahoo in many ways what the Instagram acquisition was for Facebook.Here are five simple ways that Tumblr could be Yahoo's Instagram: It fills a gaping hole in the product offering (mobile for Facebook, social for Yahoo) and addresses a nagging

In this article I will discuss why I believe public awareness of Arena Pharmaceuticals' (ARNA) Belviq, and to a lesser extent Vivus' (VVUS) Qsymia (due to changes in REMs), will occur at a much quicker rate and on a much larger scale than that which occurred with the now infamous and wildly successful FenPhen drug of the 1990s. I will explain how the existence of Facebook has changed the game since FenPhen was on the market and how "word of mouth advertising" has been taken to a whole new level never before thought possible. While I will also discuss how this phenomenon will also be helpful to Vivus and its weight loss drug Qsymia, my primary focus will be on Arena's Belviq.Contrary to public perception, the thing that made FenPhen such a blockbuster hit back in the 90's was not because of the way it was advertised. Instead, the

Introduction Since my last article about Priceline.com (PCLN) in Jan. 2013, titled Why Investors May Have To Reconsider Priceline.com, the company's stock price has outperformed the increase in the NASDAQ index and that of major competitor Expedia (EXPE), while under-performing the jump in the common shares of Orbitz (OWW) and TripAdvisor (TRIP) (see graph). This price performance was stronger than expected, given that the company reported a lower than expected guidance for the rest of the year, which seems like another sign that the largest on-line travel company by enterprise value could be reaching its peak performance. Growth investors could be better served if they look at other smaller companies in the on-line travel industry. Valuation and fundamentals Priceline has 50.1 million shares outstanding and $5.2 billion of cash and short-term investments for an enterprise value of $37 billion. For comparison, Expedia and Orbitz have 135.1 million and

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Monday May 20. The Kids Love Tesla (TSLA) Cramer commented that he hears parents say, "I wish I had listened to my kids and bought Tesla (TSLA)," after the stock's meteoric rise from $50 to $90. The popularity of the electric cars is growing, particularly in California, even as the stock is hated by analysts in New York. Currently, the share count is kept so small that it is hard for bears to short it. Without stock to buy or sell in sufficient amounts, it is hard to opine on this "cult stock." Cramer added, "I refuse to say whether I like the stock or not," but the product is certainly gaining a following. An Austerity Moment For the Wealthy: Kinder Morgan Partners (KMP), Enterprise Products Partners (EPD), Williams Partners (WPZ), Healthcare Trust of America (HTA),

Gordmans Stores (NASDAQ:GMAN) came up in my sifts through stocks trading near 52 week lows. What attracted me to this investment was its low PE ratio of 9.4 in relation to its growth in revenues of almost 10% per year over the last 4 years. Other appealing qualities are: Earns an impressive 12-15% return on assets Has no debt and $41m (or 2x earnings) of cash on the balance sheet Has a majority owner, Sun Capital Partners (51%), which should ensure a board acting in the interest of shareholders. Gordmans Stores: Business Founded in 1915, Gordmans Stores is an Omaha-based apparel and home fashions retailer. It operates 83 stores in the US. Gordmans features name brand apparel, accessories, footwear, home decor, gifts, designer fragrances, furniture, and more at everyday savings of up to 60 percent off department and specialty store prices. While the company operates within the value segment

The US dollar remains largely in a consolidative phase, awaiting Federal Reserve Chairman Bernanke's testimony before the Joint Economic Committee of Congress tomorrow. There has been much talk about tapering asset purchases and Bernanke's views are critical.However, comments by Japan's Amari, seemingly trying to soften yesterday's comments, after reportedly being criticized by cabinet colleagues helped lift the dollar back toward JPY103. Separately, soft UK inflation figures sent sterling back to the base it built last Friday and yesterday near $1.5165. Against the emerging market currencies, the greenback remains bid.The BOJ's two-day meeting concludes tomorrow. No fresh initiatives are expected. The chief concern presently is the volatility of the government bond market - an unintended and seemingly unforeseen consequence of what it calls the qualitative and quantitative easing. The yield on the 10-year JGB rose 3 bp and continues to flirt with the 90 bp level. This compares with

It is quite staggering to imagine a holding company that generates 19.7% cumulative annual rate of return over 45 years. It's even more intriguing to comprehend its success considering the time-span, and the business cycles it has withstood. Yet Berkshire Hathaway (BRK.B) has outsmarted the S&P 500 by a whopping 10.3% on annual compounded basis. The general perception in popular media is that Mr. Warren Buffett alone is the driving force behind the astronomical long-term success of the company. That has led to speculation with regards to the future of Berkshire Hathaway since He is 82 now (more on that later). But that is not necessarily the case, as Mr. Buffett himself pointed out of his own shortcoming in 2012 annual shareholder letter. Charlie Munger has been a wise advisor to Mr. Buffett for over 50 years, but that still does not quite explain the phenomenal performance. To associate the

The Japanese yen (FXY) surged across the board at the Asian market open on Sunday evening when Japan's economic minister Akira Amari stated "the yen's excessive strength has been largely corrected, and further weakness could be harmful." I expect this unwind of the yen currency crosses (yen strength) to continue for several weeks as Japanese housewives jettison their silver (SLV) and gold (GLD) positions to reclaim yen.On the four-hour chart, the AUD/JPY currency pair is completing a textbook triangle correction after tumbling impulsively off its yearly high at 105.42. If the pattern pays off as I expect, the Australian dollar will rally in a leg E to around 101.60 before embarking on a third wave lower. I've applied Fibonacci targets to the chart to project possible targets and I expect we could hit the 127.2% level at 94.41 before the correction is over. A break of triangle support near