This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

'Fast Money' Recap: Is Google Now a Buy?

Joseph Foresi, managing director at Janney Capital Markets, said the company's low tax rate and share buybacks propped up IBM's earnings results. He pointed out IBM experienced shrinking margins for the eighth consecutive quarter. He called the quarter "pretty underwhelming."  

Shares of SodaStream (SODA) popped 8%. Adami said a larger beverage company is likely taking a stake in the company. He suggested that investors stay long, but warned that it will be a volatile ride. 

Kelly said Yelp (YELP) may finally rebound higher, but he wasn't going to trade it. 

Scaramucci was a buyer of Bank of America (BAC), despite its current litigation expenses. He added that an improving economy and rising interest rates will benefit the bank. Seymour agreed, saying BAC is a buy at current levels. 

Adami said investors could give "a pass" on American Express's (AXP) revenue miss. He said weak retail results hurt the credit card companies. Scaramucci liked AXP because of its strong buyback program. 

Box (BOX) is looking to go public, possibly this summer. Guest Arik Hesseldahl, senior editor at Re/code, said the company is likely to be valued between $2 billion to $3 billion. While revenue grew 111% year over year, cloud prices are coming down, which could hurt the company because it spends more money than it makes, he concluded. 

Adami said (CRM) needs to have a good earnings result because it trades at such a high valuation and investors are becoming more critical of its financial performance. 

Seymour was concerned about Weibo's (WB) mobile platform and increasing competition. The company is expected to go public sometime this year. He was a buyer of Sina (SINA)

Adami said investors are valuing Alibaba too low, which is why shares of Yahoo! (YHOO) traded too low. He suggested that Yahoo! could move above $40. 

Seymour agreed, saying investors should stay long Yahoo! for now and take profits near $40. 

CSX Corp. (CSX) fell 2% and was the first stock on the show's "Pops & Drops" segment. Adami said the stock seems likely to trade down to $25.50. 

2 of 3

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AAPL $126.37 2.53%
FB $83.20 -0.13%
GOOG $552.03 0.67%
TSLA $190.57 3.01%
YHOO $44.95 -0.33%


DOW 17,976.31 +263.65 1.49%
S&P 500 2,086.24 +25.22 1.22%
NASDAQ 4,947.4410 +56.2220 1.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs