Stocks have rallied 177%, and while calling a top is the easiest thing to do, it might not be the most accurate, Cramer says.
VIDEO ON MSN MONEY
Exaggerated fears that high gas prices will bring about the return of the 'staycation' this summer have pressured share prices of these travel stocks down to bargain levels.
By Robert Walberg, TheStreet
The Cubs are playing baseball again, the Masters starts this weekend, and Easter is just around the corner. Despite the unseasonably cool weather, spring is in full bloom, and that means it's time to start planning summer vacations.
Of course, with average gasoline prices fast approaching $4 per gallon, more and more people might choose to stay at, or near, home this year -- a development that many investors fear will put downward pressure on stocks tied to the travel industry. There are three reasons that I think these fears are grossly exaggerated and that now is a great time for investors to snap up some travel-related bargains.
There's no arguing that the current climate is starting to look a lot like that of 2008, when crude oil spiked to $145 per barrel, gas at the pump rose to an average of $4.11 per gallon and airlines raised fares 15 times.
Netflix shares are driven by momentum, and a deal to stream the hit AMC show should get them moving.
I love Netflix (NFLX). I love "Mad Men." So, since Netflix might pay between $75 million and $100 million for the ability to stream "Mad Men" into our homes, I guess I should buy a ton of Netflix, right?
But someone else will. Every time Netflix signs a deal that adds content, the stock goes up. Every time a deal is made to take content away or the company announces that it is going to take it away, the stock pauses.
So in this stop-go world, the "Mad Men" deal is a go, especially since the last bearish story thrown at Netflix was that some networks would withhold original programming because Netflix has entered this area. The most finicky, difficult-to-please auteur in the world, Mathew Weiner, is allowing his "Mad Men" to be on Netflix. So you can bet this negative argument -- that is, not enough content is coming to Netflix because of its own competition -- will fall by the wayside.
Now that the satellite TV provider has won the fire-sale auction for bankrupt Blockbuster, an online movie catalog could be in the works.
Ask subscribers to Dish Network (DISH) why they choose the satellite television provider, and the most common answer is likely to be cost. Dish is cheaper than major cable providers like Comcast (CMCSA) and satellite rival DirecTV (DTV), starting at just $24.99 a month.
But things might not continue to be so simple now. Dish announced early Wednesday that it has bought the defunct library of the one-time movie-rental powerhouse Blockbuster for $320 million at auction, a deal that could present another big reason consumers will buy into Dish: a digital library of movies they can access over the Internet, akin to Netflix.
The purchase of Blockbuster is an important strategic shift for Dish. It means the company is flexing its muscle in an attempt to become a major player.
But more importantly for consumers, it may mean more viewing options and competitive pricing for consumers. Blockbuster's online content library could give Dish Network an opportunity to create an online product to supplement the viewing experience akin to Netflix's offering mail-order DVDs alongside streaming content.
It’s hard to see how an increase in interest rates without a speed-up in the appreciation of the yuan will slow inflation in China.
Insurers could see less revenue as more parents delay their teenagers' driving. But if accidents are also down, it could mean more profits, too.
So many parents are keeping their kids away from the wheel, in fact, that Nationwide Mutual Insurance is warning that it may see its premium revenue fall as a result. A Nationwide survey found that almost a third of parents were concerned about the added costs of allowing a teen to drive. One in seven parents said they would hold off allowing their children to drive.
How expensive is it? Nationwide says households shell out an extra $3,100 each year to allow teens to drive. Gas prices are soaring, and everything else seems to be getting more expensive as well.
Auto insurance for a teenager is through the roof. One industry trade group said adding a teen to an insurance policy can increase premiums by as much as 100%, Bloomberg reported. About a third of the parents who do allow their teens to drive have cut back on dining, entertainment and other expenses just to pay the added costs, Nationwide says.
Missing the annual June iPhone launch will put pressure on Apple shares as the Android rivalry heats up.
By Scott Moritz, TheStreet
"This year's iPhone launch is likely to be later, towards the August/September timeframe," Barclay's Capital analyst Ben Reitzes wrote in a research note Tuesday.
Concerns about Apple's iPhone 5 missing at the traditional June launch as well as a rebalancing move in the Nasdaq-100 index have been a knock on Apple shares recently.
Critics of the famed investor and his company have plenty to say after a deputy is caught up in questions of insider trading. With video.
Enter Michael Steinhardt, the chairman of WisdomTree Investments, a company that manages about $10.1 billion in exchange-traded funds. Steinhardt had plenty to say about Buffett on CNBC Tuesday, calling him the "greatest PR person of recent times," one that has "managed to achieve a snow job that has conned virtually everyone in the press."
Steinhardt goes on to say that Buffett snookered everyone with his decision to give away billions of his personal fortune to philanthropy. Buffett didn't donate any money in the first 70 years of his life, Steinhardt says.
The fund has become increasingly disjointed from its underlying index, so just watch it from the sidelines for now.
By Don Dion, TheStreet
In view of rising oil prices and souring sentiment toward nuclear energy, natural gas is back in the spotlight, driving investors into ETFs and exchange-traded notes targeting the attractive fuel source.
The sudden spurt of popularity has created an alarming, albeit interesting, scenario for one of these products, the futures-based iPath Dow Jones UBS Natural Gas Subindex Total Return ETN (GAZ).
As investors have poured into the product, GAZ has become increasingly disjointed from its underlying index. This has resulted in the development of a substantial premium that stood at nearly 18% as of April 1.
This shipping company is packing on the dividends.
By Jim Royal
My Special Situations portfolio is focused on transactional events that create advantageous stock mispricings. Often, special situations create value through their structural complexity or through a lag in financial reporting that typically follows any change. One of those transactional events is a company starting to pay a once-slashed dividend. For my latest buy recommendation, that company is Seaspan (SSW).
The company is poised to massively increase its dividend as it finishes building out its container ship fleet, and it's already shown signs of the dividend increases, with a recent promise to hike the payout by 50% for the year, to $0.75 per share, following last year's climb of 25%. Moreover, the company has promised a "progressive dividend policy," indicating that it will substantially raise its dividend as earnings ramp. That's a policy that BP (BP) has undertaken as it brings its dividend back up after a few quarters of no payout.
Analysts say shares of the search giant are undervalued, given its track record and growth prospects.
By Jake Lynch, TheStreet
The Internet search stalwart dominates the Web and offers international exposure. It also has an ample balance sheet, with nearly $32 billion of net cash. Most U.S. investors are familiar with Google's business model, its iconic co-founders Larry Page and Sergey Brin, and its penchant for innovation. However, few appreciate the company's overseas growth potential.
Google stock has risen 3.3% during the past 12 months even as sales have advanced 23% and earnings 30%. Similarly, in three years, Google's stock has delivered an annualized return of 8.3%, lagging sales growth of 21% and profit gains of 26%. Google's trailing price-to-earnings ratio, at 23, represents a 30% discount to its five-year average multiple.
Big portfolio managers appear to be positioning themselves for the end of QE2 by rotating into high-yield, slow-growth sectors.
Is the rotation into health care stocks for real? We've had the health care service providers and medical device companies going up for months now, including WellPoint (WLP), Humana (HUM), Allscripts (MDRX) and Cerner (CERN).
Few groups have been as strong as the distributors McKesson (MCK) and AmerisourceBergen (ABC). AmerisourceBergen's target was bumped Monday by UBS. Davita's (DVA) price target was upped by Goldman Sachs. St. Jude Medical (STJ) and Edwards Lifesciences (EW) have been incredibly strong stocks. So has device maker C.R. Bard (BCR).
Now it looks like the old-line drug companies -- which I, among other investors, have written off -- may be catching a bid. Pfizer (PFE) helped the cause by selling one of its divisions, Capsugel, to KKR (KKR). (I am sure we will see a big equity offering within 18 months from that one, creating huge profits for KKR. How predictable is that?) Any breakup of Pfizer will be well received. Bristol-Myers (BMY) announced a breakthrough drug last week. Johnson & Johnson (JNJ) will not go down no matter how many recalls it has. And Abbott Laboratories (ABT) looks like it is breaking out on the charts.
A tentative plan for California would bring fresh foods and other items to customers' doorsteps.
This wide reach and variety of products are part of the reason for sprawling supercenters that offer everything under one gigantic roof. But people with sore feet, take heart: The next category the king of retail wants to dominate may actually cut the mileage on your shopping cart.
That business is home grocery delivery, which Wal-Mart may soon test via online sales in California. And after that, it may be coming to a store near you.
Obviously, the motivation is profits. The fresh grocery delivery service, internally referred to as Project Titan, according to Bloomberg and not finalized by management, would be a serious e-commerce push for Wal-Mart. As more consumers take to the Web, filling the coffers of Amazon.com (AMZN) and other online retailers, the brick-and-mortar model of WMT is threatened in the long term.
4 orders have submitted a challenge over the way the bank pays its executives. With video.
Four orders are all investors in Goldman Sachs and have sent the bank a formal challenge over the excessive ways the bank compensates employees, The Guardian reports. Goldman's top five employees received $69.5 million last year.
The nuns -- Sisters of Saint Joseph of Boston, Sisters of Notre Dame de Namur, Sisters of St. Francis of Philadelphia and the Benedictine Sisters of Mt. Angel -- have asked that shareholders demand the board review the company's executive compensation policies. They also want a report of that review by October.
Post continues after this video about Goldman Sachs executives cashing in:
The company bids $900 million for a host of patents held by Nortel. That's what you have to do to compete. With video updates.
That's why Google (GOOG) has bid $900 million to buy all 6,000 of Nortel's remaining patents. Nortel, at one time a telecom industry leader, is in bankruptcy court and plans to auction off the patents. Its broad patent portfolio covers computer science, wireless, Internet search and social networking technologies, according to The Wall Street Journal.
Google becomes the "stalking horse" in this June auction, which makes its bid the minimum. Others who want to join in the bidding must go higher.
Post continues after this video about Google's massive bid:
Prosecutors argued that the privately produced coins were too similar to legal US currency.
But when your private currency starts to resemble real money, federal prosecutors get very interested. And when your currency looks and feels like a real coin and says "Twenty Dollars" and "$20" on it, that's when the feds take action.
The maker of silver Liberty Dollars, Bernard von NotHaus, 67, was convicted last month for making and selling the private currency in the form of notes and coins, The Associated Press reports. And now the government wants to seize his stash of five tons of the silver dollars and precious metals, estimated at $7 million.
MORE ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The solid report comes a month after the retailer closed all of its Canadian operations.
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.
[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 added just over a point, holding its weekly gain at 1.0% while the Nasdaq lost 0.4%.
The major averages began the day on an upbeat note, but relinquished their opening gains during the first 90 minutes of action. The early sentiment was boosted by a better-than-expected nonfarm payrolls report for February (175K versus Briefing.com consensus 163K), but a closer look into the report suggested that ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|