This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

[video] Twitter Jumps on Fidelity Buy, Container Store Readies Earnings

The video this transcript is based on appeared on January 7.

NEW YORK ( TheStreet) -- After getting its gains trimmed on another analyst downgrade, Twitter (TWTR) looks to rebound Tuesday, January 7, on news Fidelity is a buyer of its stock. The Container Store (TCS) , after a successful fall 2013 IPO, looks to wow investors with earnings, and Jim Cramer is bullish on YUM Brands (YUM) and China.


Good morning from the Nasdaq MarketSite in Times Square on a frigid Tuesday, January 7. I'm Jon Marino for TheStreet with your global markets report. At this hour, we're seeing U.S. futures looking up after another losing day for markets yesterday. Good news overseas, taking a look at our international exchanges. The  FTSE is up four-tenths of a point, the DAX is up midday six-tenths of one percent, the CAC-40 just like the FTSE is up four-tenths of a point. At the end of the trading day the Nikkei slides for six-tenths of a point.

Getting started on the Nasdaq wall this morning, we've got Twitter. The stock took its lumps on another analyst downgrade yesterday but shares are looking up for the open this morning. A little optimism coming after the bell from Fidelity yesterday, which revealed it bought 2.4 million shares of Twitter. While the bet on Twitter is good news, Fidelity's stock play represents just a fraction of its exposure to Facebook.

Back at the Nasdaq wall. When the Container Store went public in early November of last year, share value nearly doubled at the open. Since then, the stock gained another 18 points, and going into its first earnings report as a newly public company, shares are up more than a point premarket. Analysts looking for earnings of eight cents a share when the Container Store releases numbers.

Rounding out our stocks today is an action alert pick from Jim Cramer. Jim is buying back into shares of Yum Brands and targeting $90 a share. Though the stock lagged peers in 2013, it's a new year and Jim is bullish on China and a return to double digit earnings growth.

That's all we've got today but check back tomorrow morning for earnings previews and visit all day for breaking news and analysis. I'm Jon Marino, have a great day.

Written by Jon Marino in New York.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 0.00%
FB $117.81 0.00%
GOOG $701.43 0.00%
TSLA $211.53 0.00%
YHOO $36.94 0.00%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs