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

'Fast Money' Recap: What's Up With Twitter?

Amazon (AMZN) was the featured company on the show's "Street Fight" segment. Grasso was the bull, arguing that the company grew revenues 23% and its services business 44% in the most recent quarter. He added that Amazon is "pre-paying" for future growth. 

Najarian disagreed, arguing that investors are on the search for growth, and Amazon is failing to deliver as concerns over profits escalate. He added that the stock looks even more unattractive with increasing competition, rising costs and falling margins. 

Seymour was a buyer of Amazon at $250. 

Lorillard (LO) jumped 4% and was the first stock on the show's "Pops & Drops" segment. Seymour said he is staying long the stock. 

Must Read: 'Fast Money' Recap: Earnings Season Volatility

GoGo (GOGO) plunged 29%. Kelly said to avoid the stock. 

MGM Resorts International (MGM) popped 9%. Grasso said the company's "huge" exposure to Macau is fueling its growth. 

Coach (COH) fell 9%. Najarian said he would avoid the stock and opted for shares of Michael Kors (KORS) instead. 

Kurt Abrahamson, CEO of ShareThis, was a guest on the show. He said online sharing via social networks is one of the most important factors that sway consumers' buying decisions. Even more than brand or price, he added. He suggested that Twitter is better for "real-time" marketing, while Facebook is better for reaching massive audiences. 

For their final trade, Kelly was a buyer of the SPDR Gold Trust ETF (GLD) and Grasso was a buyer of Amazon with a $280 stop-loss. Najarian was a buyer of Exxon Mobil (XOM) due to bullish options activity and Seymour was a seller of Apple (AAPL) at current levels, but a buyer near $565.

-- Written by Bret Kenwell in Petoskey, Mich.

Follow @BretKenwell

Follow on
Twitter and become a fan on Facebook.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter.
2 of 2

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
TWTR $15.72 -7.04%
AAPL $94.02 -2.67%
FB $104.07 -5.81%
GOOG $683.57 -3.45%
TSLA $162.60 -7.26%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs