Today was a sign of a healthy market, Jim Cramer told his Mad Money viewers Thursday, as the much heralded IPO of Snap (SNAP) went off without a hitch. Cramer said there were a lot of things that could have gone wrong today, but didn’t, and that will only help bring more buyers to the stock market.
What could have gone wrong? Cramer said investors only need to remember the IPOs of Facebook (FB) , Twitter (TWTR) , Groupon (GRPN) and Zynga (ZNGA) . All of these IPOs made the markets look fragile and, yes, rigged. But today, the market avoided four major pitfalls.
Trump and your taxes: Cramer leads a roundtable discussion on how investors and retirement savers should position their portfolio.
First, Cramer said there was a lot of money around to buy up shares of Snap and we didn’t see a lot of selling in other names to absorb the huge number of shares offered.
top stocks today to buy: Intersil Corporation(ISIL)
- [By Scott Rubin]
Big gainers on the day included Intersil Corp (NASDAQ: ISIL), which jumped 20 percent on news of a buyout, and Medivation (NASDAQ: MDVN), which added 20 percent on a deal with Pfizer (NYSE: PFE) related to its cancer drug. Cotiviti Holdings Inc (NYSE: COTV) lost around 9 percent in the wake of a mid-day sell-off and Marathon Oil Corporation (NYSE: MRO) fell 7 percent in the wake of a management shakeup.
top stocks today to buy: GRAVITY Co. Ltd.(GRVY)
- [By Lisa Levin]
Gravity Co., LTD. (ADR) (NASDAQ: GRVY) shares shot up 111 percent to $9.61 after the company reported Q3 results. GRAVITY reported Q3 earnings of $0.74 per share on sales of $13.143 million.
- [By Peter Graham]
While small cap gaming stocks Gravity Co. LTD (NASDAQ: GRVY), Inspired Entertainment (NASDAQ: INSE) and SPYR Inc (OTCQB: SPYR) may not be well know to investors, their games are well known to gamers.
- [By Lisa Levin]
Shares of Gravity Co., LTD. (ADR) (NASDAQ: GRVY) were down 13 percent to $49.03 following Q3 results. Gravity posted Q3 earnings of $0.34 per share on sales of $20.76 million.
top stocks today to buy: CBRE Group, Inc.(CBG)
- [By WWW.GURUFOCUS.COM]
For the details of HAHN CAPITAL MANAGEMENT LLC’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=HAHN+CAPITAL+MANAGEMENT+LLC
These are the top 5 holdings of HAHN CAPITAL MANAGEMENT LLCHexcel Corp (HXL) – 899,271 shares, 4.71% of the total portfolio. Shares reduced by 1.47%Mohawk Industries Inc (MHK) – 212,515 shares, 4.68% of the total portfolio. Shares reduced by 2.38%CBRE Group Inc (CBG) – 1,299,059 shares, 4.34% of the total portfolio. Shares reduced by 2.39%Becton, Dickinson and Co (BDX) – 241,184 shares, 4.25% of the total portfolio. Shares reduced by 2.37%Ross Stores Inc (ROST) – 642,103
- [By Lee Jackson]
CBRE Group Inc. (NYSE: CBG) had a top hedge fund step in again last week and buy a huge block of shares. Value Act bought a total of 1,200,000 sharesat between $26.85 and $27.15. That cost the fund a gigantic $32 million.The companyoperates as a commercial real estate services and investment company worldwide, and its shares traded onFriday at $27.80.
- [By WWW.THESTREET.COM]
In his final “Executive Decision” segment, Cramer again welcomed Bob Sulentic, president and CEO of CBRE Group (CBG) , the real estate services company which reported a nine-cents-a-share earnings beat two weeks ago.
- [By WWW.THESTREET.COM]
In his second “Executive Decision” segment, Cramer also checked back in with Bob Sulentic, president and CEO of the real estate investment trust CBRE (CBG) , which has seen its stock rise 19% since Cramer last spoke with Sulentic just three months ago.
top stocks today to buy: Hanwha Q CELLS Co., Ltd. (HQCL)
- [By Ashley Moore]
We’ve compiled a list of the most heavily shorted stocks to show you which stocks have the most negative sentiment on the market…
Company Name (Ticker)Short FloatShare PriceHanwha Q Cells Co. Ltd. (Nasdaq ADR: HQCL)98.52%$ 8.88Renren Inc. (NYSE: RENN)91.59%$ 8.53Weight Watchers International Inc. (NYSE: WTW)67.92%$12.57INSYS Therapeutics Inc. (Nasdaq: INSY)66.71%$10.74Twilio Inc. (NYSE: TWLO)66.34%$33.17Nutanix Inc. (Nasdaq: NTNX)65.65%$31.96Fitbit Inc. (NYSE: FIT)55.15%$ 6.06Weibo Corp. (Nasdaq ADR: WB)53.83%$55.26RPC Inc. (NYSE: RES)53.62%$21.19Straight Path Communications Inc. (NYSEMKT: STRP)49.27%$34.79Momo Inc. (Nasdaq ADR: MOMO)48.63%$26.80Seritage Growth Properties (NYSE: SRG)46.91%$44.87Lannett Company Inc. (NYSE: LCI)45.46%$23.00Gogo Inc. (Nasdaq: GOGO)43.98%$ 9.10Altisource Portfolio Solutions SA (Nasdaq: ASPS)42.78%$22.73Cheetah Mobile Inc. (NYSE ADR: CMCM)40.86%$10.00
Some investors think the only way to profit from the stock market is to buy stocks and wait for the price to rise. However, these investors are missing out on the massive profit opportunity that comes from shorting stocks.