3 Hot Reads From TheStreet’s Top Premium Columnists

The market, led by the Nasdaq, showed strong gains on Tuesday, following significant earnings results from Netlix (NFLX)  reported after Monday’s close. This morning, Goldman Sachs (GS)  , UnitedHealth (UNH) and Johnson & Johnson (JNJ) also reported strong results as the earnings season heats up.

(Facebook, Amazon, Alphabet, UnitedHealth and Goldman Sachs are holdings of Action Alerts PLUS, which Jim Cramer co-manages as a charitable trust.)

Here are three top takes from the columnists of Real Money and Real Money Pro, our premium sites for Wall Street professionals and active investors:  Jim Cramer: Netflix Numbers Show That Cord-Cutting Is Palpable

Looking at the FANG stocks today, TheStreet’s Jim Cramer writes that “this is a Netflix show right now, and while I’m sure there’ll be profit-takers following Monday night’s earnings release, I know that those who guess management is going to spend too much on original content have to wonder: “Hmm, how could I have been that wrong?”

“Yes, the bears will point to Netflix’s absurd $3 billion to $4 billion cash burn. But the bulls?”

The Market Is Finally Rewarding Stock Picking

Real Money columnist James DePorre notes that “for the past week or so I have been complaining about the lack of favorable chart setups. The indices have been acting well and breadth was good but I didn’t see much movement in individual stocks that I could embrace.”

“The character of the price action made a substantial shift today,” he says, and “suddenly those charts that have been struggling are starting to work. It is a good illustration of how the indices really don’t provide very good insight into the overall market action.”

Worried About Trump’s Various Scandals? Buy Planet Fitness’ Stock

“Markets seem to behave very erratically in the short term based on the latest headlines about this scandal or that in Washington. After all, computer algorithms do search for keywords. Let’s look at how to play this,” says Real Money columnist Stephen Guilfoyle.

“Strategically, the fact is that investors’ hands have grow calloused by all of the headlines out of Washington,” he adds. But then, “where else could you hide from political risk? How about something truly different? Namely, gym chain Planet Fitness (PLNT) .”

(Facebook, Amazon, Alphabet, UnitedHealth and Goldman Sachs are holdings of Action Alerts PLUS, which Jim Cramer co-manages as a charitable trust.)

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