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

Jim Cramer's Stop Trading: BWLD NFLX TSLA SCTY

NEW YORK ( TheStreet) -- TheStreet's Jim Cramer sees an important corollary between March Madness -- the NCAA college basketball tournament -- and food.

Specifically, the food offered by Buffalo Wild Wings (BWLD - Get Report) -- beer and wings, said Cramer, co-manager of the Action Alerts PLUS portfolio. The better the tournament, the better BWLD's stock does. The stock's technicals look great, too. 

But not all companies are doing as well. The high growth and momentum names aren't just getting sold on Friday, they are getting "annihilated," Cramer said.

Growth investors are rotating out of names such as Netflix (NFLX - Get Report), Tesla Motors (TSLA - Get Report) and SolarCity (SCTY - Get Report). Those same investors are putting their money to work in new initial public offerings and hot stocks like Globoforce (THNX), A10 Networks (ATEN), Amber Road (AMBR) and Endocyte (ECYT)

Investors are chasing these names and are only talking about excitement while they're beginning to talk about fundamentals in the older growth stocks, particularly SolarCity. 

Must Read: Jim Cramer's Mad Dash: XONE DDD

He concluded that investors feel like they "missed" their opportunity in the older growth stocks and are trying to sniff out the new growth. He recommended using caution going forward.

- - Written by Bret Kenwell in Petoskey, Mich.

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

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
BWLD $133.66 0.00%
NFLX $90.03 0.00%
SCTY $30.32 0.00%
TSLA $240.76 0.00%
AAPL $93.74 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs