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December 23, 2020
Under Armour Inc (NYSE:UAA), General Electric Company (NYSE:GE), American Airlines Group Inc (NYSE:AAL), Hewlett Packard Enterprise Co (NYSE:HPE) and Gap Inc (NYSE:GPS). These five stocks are priced at less than $25 and they have outperformed the market this quarter. Tepper sees some potential only in Under Armour because he loves the end market. He sees it as a turnaround story in a very attractive market. The company has its issues. It lacks innovation and compression shirts were really c...
December 16, 2020
Amazon and two other Nasdaq 100 stocks to watch ahead of index rebalancing, traders say CNBC 12/16/2020 Replay Video The Nasdaq 100 is about to look a little different. In its annual rebalancing scheduled for the end of the week, the index will trade Monday with new components Match, American Electric Power and Peloton among others and removes stocks such as Ulta, Citrix and Take-Two. Ahead of the shake-up, Mark Tepper, president of Strategic Wealth Partners, is adding to his position in tw...
December 16, 2020
It may be worth swapping Peloton for Planet Fitness in 2021, trader says CNBC 12/16/2020 Replay Video Two exercise stocks are on the run this quarter. Peloton, up nearly 29% since Oct. 1, has soared as some states reimposed Covid-19 restrictions amid rising case counts. Planet Fitness, up over 19% in the same time frame, has climbed on reopening hopes as the Covid vaccine rollout begins. With New Years resolutions right around the corner and the timing of the reopening still up in the air, it...
December 15, 2020
Peloton Interactive Inc (NASDAQ:PTON) into Planet Fitness Inc (NYSE:PLNT). He isnt going to that today because he would be interested in buying Planet Fitness at a significantly lower price, somewhere in the lower $60s. He thinks the stock could hit that price level as we are heading into the second wave of lockdowns. Todd Gordon of TradingAnalysis.com said Peloton is trading at 300 times next years earnings, but its spending a lot on growth so he is not overly concerned about the high multipl...
December 10, 2020
Coca-Cola Co (NYSE: KO) saw its shares hit a new 52-week high Tuesday in reaction to its second-quarter results but the stock still has "a lot more room to run," says CNBCs Jim Cramer. Cramer: Throwback To The 1980s Coca-Colas era of growth started in the 1980s when the U.S.... Read More...