Jim Cramer from TheStreet says if you’re a meme merchant, right now, the world is your oyster.
“AMC Entertainment’s (AMC) – Get report CEO Adam Aron, for example, is a man with an oyster. You can grow to your market capitalization and roll over your debt, and the next thing you know, you have a real growth company. ” Cramer wrote about real money Tuesday. “What’s crucial is that after this great stock sale, he finds another savior. And another. With each one, the story gets stronger.”
Cramer also wrote about how Aron set the stage for Ryan Cohen to make GameStop. (GME) – Get report in a completely new company. “He can also make a deal with a money manager to become a completely different company,” Cramer said.
Here are the top 10 videos of the past week:
Avoid the stock of FOMO memes: expert advice, tips
Investing in FOMO will always take place, whether at the top or bottom, when there are large movements in a stock. This is definitely the case for some of the meme actions. So how can investors avoid it?
Action Alerts PLUS Senior Portfolio Jeff Marks and Real Money Contributor Chris Versace explain how they avoid investing in FOMO.
“You have to focus on the fundamentals and you have to understand why the stock is going up, just speculative behavior or based on real fundamental news,” Marks said.
Versace added: “One of the things I’m trying to do is really understand the history of what is happening – the history of how stocks are traded in the past, the catalysts that allowed it to peak or crater, and the valuations where they tend to peak or bottom out. ”
Why This Analyst Chooses Salesforce Over Zoom
I keep feeling that Zoom (ZM) – Get report exhaustion? The company posted profits, with Streets Martin Baccardax wrote that Zoom’s non-GAAP earnings for the three months ending in April were set at $ 1.32 per share, a five-fold increase from the same period last year, as revenue increased 191% to $ 956.2 million as its customer base from companies with more than 10 employers increased 87% to just under 500,000.
“Zoom has not been a name that I have focused on because it is trading at such a high price-to-sell multiple and if you look at the growth numbers, Zoom has just delivered. They will grow to that number, but I think it will take much longer. “Jeff Marks said.
“When it comes to the large, wide-ranging software stocks that interest me and the one we currently have in Actions Alerts PLUS, it will be Salesforce (CRM) – Get reportMarks noted.
What this expert wants to see from the Federal Reserve
Real money Contributor Stephen “Sarge” Guilfoyle spoke about the Federal Reserve in his morning column Market Recon.
“I think it’s definitely time to withdraw the asset purchase program and get out of corporate debt of $ 13.75 billion. End that program, they don’t need your help anymore. But the housing market doesn’t need any more. your help … Then the Federal Reserve can cut the $ 40 billion in mortgage-backed securities down to $ 0, “Guilfoyle said.
Invest in the reopening of the economy
Amid the reopening of the US economy, concerns about inflation are part of the equation for investors looking to trade in this new market trend.
The webinar “Real Money’s Real Talk: Investing in a Reopening Economy” brought together some of Real Money’s most seasoned columnists to discuss their favorite stocks for a recovering economy after a pandemic.
Chris Versace, Co-Director of Trifecta Stocks and Stocks Under $ 10, and Ed Ponsi, Managing Director of Barchetta Capital Management, point to the obvious signs of inflation and their stock choices that can take advantage of this trend, including those in the financial sector.
What this analyst likes about the Depop acquisition of Etsy
Etsy (ETSY) – Get report, which has seen a boom in business due to the pandemic, is buying Depop for $ 1.63 billion. “We are simply delighted to add Depop, what we think is the Resale home for Generation Z consumers, to the Etsy family. Depop is a vibrant two-sided marketplace with a passionate community, a highly differentiated offering of unique items, and we believe in the significant potential to scale even further, “said CEO Josh Silverman.
“I like what CEO Josh Silverman said about the strategic rationale for the deal. Etsy has a great playbook for value creation and they’ve had a lot of success with past acquisitions, and I think this deal fits their book exactly. plays, “he said. Jeff Marks.
“You have to remember that Etsy stocks were one of the top performers on the S&P last year and have come out significantly from their highs despite the large influx of handmade mask sales during the pandemic. But I like the deal, so it would be worth taking a closer look at the investment, “Marks added.
Sell BlackBerry? Watch this portfolio manager explain his game
Real money Chris Versace and Action Alerts PLUS Senior Portfolio Analyst Jeff Marks joined TheStreet Live talk about blackberry (Bed and breakfast) – Get report.
The action is not AMC, but it is a favorite of Reddit’s multitude of meme actions. So what does Versace think of BlackBerry at these levels?
“Earlier in the year, Blackberry was one of those meme stocks, along with AMC and Gamestop, and it fired up when it was close to $ 25, which is where we dumped it into the portfolio of stocks below $ 10 and put it back. buy like it came back to Earth. We own it here and I like it in the long run given the confluence of cybersecurity, “said Versace.
Musk, Tesla and the SEC: Advice from a Former Trader
The SEC sent correspondence to Tesla (TSLA) – Get report about Elon Musk’s tweets, according to a new report. Correspondence to Tesla in 2019 and 2020 from the SEC said that Musk’s tweets about the production of solar roofs and the price of the shares had not been reviewed by the company’s lawyers as had been agreed in a $ settlement. 40 million between the company and the agency in 2018, The Wall Street. Journal reported.
Under that court-approved settlement, Musk and Tesla each paid $ 20 million to settle regulatory charges stemming from an earlier tweet by Musk that the company was about to go private.
So what does Real Money’s Stephen Guilfoyle think about Tesla? “I think Tesla is in a little trouble, to be honest with you,” he says.
Why this merchant ditched his workhorse and joined AMC
Horse of battle (WKHS) – Get report has gained strength in the market as a stock of memes. In fact, TheStreet Live’s co-host Stephen Guilfoyle discussed why he sold Workhorse for a new position at AMC (AMC) – Get report.
“Workhorse was popular during opening hours, but I don’t think it’s a good company and I don’t think they make any money. I really used it as a business vehicle. I bought it this morning and as soon as I started giving up some of those earnings, I got out of her, “Guilfoyle said.
The digital transformation: young investors and cryptocurrencies
Will young investors start investing in companies that have cryptocurrencies on their corporate balance sheet?
Research Analyst with Action Alerts PLUS Zev Fima does not believe that when it comes to the side of investing in stocks, young investors only target companies with cryptocurrencies on the balance sheet. But he does believe that cryptocurrencies have an appeal; part of it is the idea of getting money fast.
Curious what else Jim Cramer and his team at Action Alerts PLUS are seeing in the markets? Watch the Cramer member-exclusive Daily Rundown show on Action Alerts MORE after TheStreet Live.
What is SafeMoon and is it a safe bet?
The latest Dogecoin craze has fueled interest in many other new cryptocurrencies and SafeMoon is one of the biggest.
SafeMoon is a BEP-20 token launched on the Binance Smart Chain (BSC) ecosystem on March 8, 2021, and has quickly become Binance’s third-largest token by market capitalization.
TheStreet crypto reporter Luke Conway notes in a recent article that “SafeMoon currently ranks 202nd on market currency with a market capitalization of $ 2.9 billion and a circulating supply of 585 trillion tokens. “
Sales force is a share in Jim Cramer’s Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells CRM? Find out more now.