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!

'Fast Money' Recap: Something Isn't Adding Up

Seymour said he would buy shares of Amazon (AMZN) near $250. Adami agreed. 

Scaramucci said he was neither a buyer or a seller of Amazon and Netflix. He called the valuations "crazy." 

Priceline.com (PCLN) is not an expensive stock in terms of valuation, Adami argued. He reasoned that the stock has been dragged lower over the past month during the selloff of momentum stocks. 

Seymour agreed, calling Priceline.com "one of the great monopolies" and a "global franchise." Scaramucci said PCLN could rally if the overall market moves higher. 

Twitter (TWTR) was the featured company on the show's "Street Fight" segment. Seymour was bullish on the stock over the short term, saying it has "relative value" at current levels. He added that it is cheaper than Facebook (FB) on a price-to-sales basis. He is long the June $32 call options. 

Nathan was bearish on shares of Twitter, saying he expects the stock to eventually hit its IPO price of $26. He added that another share lockup expiration will transpire in roughly 90 days, which is likely to weigh on the stock price. 

Adami said Twitter seems likely to rally at current levels. 

Aswath Damadaran, professor of finance at NYU Stern School of Business, was a guest on the show. He valued Alibaba at $140 billion post-IPO, calling the e-commerce giant a "phenomenal money-maker." However, due to the company's lack of clarity about its investments, possible growth constraints and potential Chinese political strains, he was leery about putting a higher valuation on the company. 

He added that if Alibaba can grow revenue at 40%, the stock should be worth between $180 billion to $200 billion. If it only grows revenue 25%, then the valuation should be closer to $120 billion. The valuation ultimately depends on two things: what revenue growth rates Alibaba can sustain, and how much the Chinese e-commerce market will grow over the next five years. 

Seymour argued that even at a $145 billion valuation for Alibaba, shares of Yahoo! (YHOO) should still be trading near $40. 

Dan Niles, founding partner of AlphaOne Capital, said he is a buyer of Google (GOOGL) and suggests the company will be better once it completely separates from its Motorola business. He is a seller of Microsoft (MSFT), saying the company may struggle with the handset business it acquired from Nokia (NOK).

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