This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Jim Cramer's 'Mad Money' Recap: Amazon's Toxic Army

Bank of America is not alone, Cramer said, as Citigroup (C) and JPMorgan Chase (JPM), another Action Alerts PLUS holding, have all seem their share of oversights, scandals and omissions. These banks are all not only too big to fail, but too big to manage.

All of these banks are made up of great people, Cramer conceded, but in this environment, with the complexity increasing, no boat is safe, which is why all investors need to take a pass and steer clear.

These banks may seem inexpensive, Cramer concluded, but as Bank of America showed us today, they really aren't.

Executive Decision: Brian Sharples

For his "Executive Decision" segment, Cramer spoke with Brian Sharples, cofounder and CEO of HomeAway (AWAY), the vacation rental marketplace that posted a two-cents-a-share earnings beat when it reported last Thursday on a 28% rise in paid listings. Shares immediately sold off on the news, however, as the momentum stocks have fallen out of favor.

Sharples said that in today's market, stock prices don't seem to correlate to corporate news so he's not overly worried about his stock's recent losses. He said unlike the Internet stocks of the past, HomeAway is making a lot of money and has access to globe markets, which means they will be growing for a long time to come.

Sharples pointed out HomeAway's listing service is appealing to both individual owners and professional property managers alike, as more and more homeowners are opting to rent out their properties for at least part of the year.

Sharples also noted the company's recent acquisition of a new mobile application, one that will not only tell renters all about the house they're staying in, but will also offer local points of interest around the property as well. He said this higher level of personal service is what sets HomeAway apart from everyone else.

Cramer said the turn is not yet at hand for these momentum stocks, but when the turn arrives it will be profitable companies like HomeAway that will be leading the charge.

Off the Charts

In the "Off The Charts" segment, Cramer went head to head with colleague Tim Collins over the charts of this year's momentum names to see if there are any parallels between the meltdown of 2014 and the dot com collapse of 2000.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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