Blowout quarters aren't enough?
Intuitive, Google and AMD had solid reports but the market found something to dislike.
By Jim Cramer, TheStreet
As I go over these quarters, and I will go over them again today and again this weekend, I am looking not to buy any of them. I haven't liked Google since its stance on China (I like 'em as guys, not as a company), I missed the last 200 points in ISRG so I don't even have the standing to comment and I like Intel (INTC) much more than the more expensive AMD.
I'll go over these quarters to see what the market didn't like about them. Which metric decelerated? Which gross margin number offended? I put it like that because a week ago it was possible to argue that every one of these would be up, not down.
In fact, these feel a little like Research In Motion (RIMM) when, after a big run, it got hammered, no matter what, before starting a steady climb higher.
The market gets fickle in earnings season. It stays fickle because the bar is set low or high by the reports the night before.
Intel set the bar high. Google had to set it higher. From the looks of things there were metrics that weren't perfect even though the stock no longer reflects perfection.
Intuitive Surgical? I don't even think it should be down. AMD? The guidance was for more disappointment so of course we were disappointed. Except we have been given disappointing guidance from $2, well, eternity or at least, here.
More work to do.
At the time of publication, Cramer was long Intel.
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.
But the fact that the guilty bankers are still free and not even on the run is the real outrage here, a travesty that should never be forgotten.
VIDEO ON MSN MONEY
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.