Tag Archives: Amazon
Cramer’s Mad Money – Amazon, Keep On Spending (4/26/12)
By SA Editor Miriam Metzinger:
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Thursday April 26.
The Laggards of April Are Leading: Pulte Group (PHM), US Bancorp (USB), JPMorgan (JPM), American Express (AXP), Suntrust (STI), AIG (AIG), Equinix (EQIX), Citrix (CTXS), Salesforce.com (CRM), Xilinx (XLNX), Amazon (AMZN), Exxon (XOM), Chevron (CVX), Continental Resources (CLR), EOG Resource (EOG), Ensco (ESV), Schlumberger (SLB), Occidental Petroleum (OXY), Corning (GLW), UPS (UPS)
With the Dow surging 114 points, it is clear that the laggards of April are now the leaders. Homebuilders have been punished lately, but Pulte Group (PHM) reported a strong number and rose to $ 9 from its $ 7.60 low in April, causing the housing index to reverse to the upside. Financials are picking up, and even though some analysts are bearish on US Bancorp (USB), Cramer thinks it is a buy. American Express (AXP) has risen, but it has farther to go
Amazon Has No Room For Error At This Price
I can certainly understand why someone might have the urge to take some of his discretionary funds and put it into shares of extreme high growth companies. After all, Apple (AAPL) has managed to grow per share earnings from $ 0.10 in 2003 to $ 35.11 over the trailing twelve months. Since then, the stock price has gone from $ 8 per share to around $ 600. A $ 25,000 Apple investment at $ 8 in 2003 would have bought you 3,125 shares now worth $ 1,800,000. You can’t even get those kinds of returns with ski masks and pistols. So I get the lure of these companies for investors. Really, I do.
Google (GOOG) has grown its share price from $ 85 in 2004 to $ 646 today, and Amazon (AMZN) has grown from its low share price of $ 18.50 in 2003 to $ 192 today. Naturally, the rearview mirror of investing is much clearer than the wind shield.
They Just Don’t Get Amazon!
Cramer: Buy Amazon CallsWhy Amazon Fell Short: The Real Story
As Bad News Abounds, Amazon Approaches Buy Territory
By Dana Blankenhorn:
As the bad news is piled high, like presents under a tree, Amazon (AMZN) is approaching buy territory.
First, the bad news:
-
Goldman says earnings estimates for 2012 are too high and has the stock at a neutral.
-
Some reviews on the Amazon Kindle Fire are brutal. Fixes are promised.
-
Politicians are screaming bloody murder, calling Amazon’s price comparison app unfair to small merchants.
