Liam Dalton, Axiom Capital CIO & Chairman, discuses growth stocks, stock splits, and his expectations for Priceline.com and PepsiCo. "The effects in stock splits are not what they once were," he says.» Read More
NEW YORK, March 14- The manager of one of the best performing large-cap growth stock funds over the past five years is a value investor at heart. Dennis Lynch, portfolio manager of the $1.3 billion Morgan Stanley Growth fund, sets out to find what he calls "emerging franchises".
With economic data muted and the stock market in rally mode, Jim Cramer thinks these stocks are likely to attract bulls.
*G Asset Management offers to buy stake in Barnes& Noble or Nook. *Groupon shares drop after company forecasts loss. NEW YORK, Feb 21- U.S. stocks slipped on Friday on options-related trading, with the S&P 500 facing resistance as it flirts with its record high even as economic data continues to underwhelm.
U.S. stocks fluctuated on Friday, with the Nasdaq Composite rising for the week.
*G Asset Management offers to buy Barnes& Noble or Nook stake. *Groupon shares tumble after forecasting loss. NEW YORK, Feb 21- U.S. stocks were little changed on Friday, with the S&P 500 facing resistance as it flirts with its record high, as company news dominated trading amid another soft reading on the economy.
*Gains in France lead European stocks higher. NEW YORK, Feb 21- Global equity markets rose and the dollar traded mixed on Friday as investors warmed to recent data that has underpinned hopes for sustained U.S. economic strengthening even as new data showed home resales fell to an 18 month-low last month.
*Priceline and Hewlett-Packard both beat expectations. *Groupon shares tumble after forecasting loss.
Why are stocks advancing with such poor US data? Though not all indices are up, the S&P 500 has a good shot at posting three up weeks.
Some of the names on the move ahead of the open.
*Priceline and Hewlett-Packard both top expectations. *Groupon tumbles in premarket after forecasting loss. NEW YORK, Feb 21- U.S. stock index futures rose on Friday, indicating that a rally that lifted the S&P 500 close to record levels in the previous session could continue, following some strong results from technology companies.
I've been a bull on this stock for six years straight, says Mark Mahaney, RBC Capital Markets, explaining why he thinks the company is one of the "best assets in the Internet space."
Mark Mahaney, RBC Capital Markets, explains why he cut his rating on Groupon. I think they are getting away from the core of where their business should be, says Mahaney.
*Adjusted profit of $8.85 compares with analyst estimate of $8.29. Feb 20- Priceline.com, the online travel agency known for its name-your-own-price auctions, posted a higher-than-expected quarterly profit on Thursday, boosting shares in extended trading.
Even at $1,306, Fast Money trader Guy Adami thinks Priceline is reasonably priced. But Brian Kelly thinks it's too volatile to take the risk.
Check out which companies are making headlines after the bell Thursday:
Stocks drifted higher to close at session highs Thursday, with the S&P nearing its all-time high, as investors seemed to shrug off a mixed bag of economic and earnings reports.
FMHR trader Joe Terranova thinks Priceline.com is well positioned in Europe for the recovery, while Mike Murphy is worried about the stock as it faces high competition.
Even if Thursday's economic data comes up punk, markets may just write it off to bad weather.
District Judge Jane Boyle in Dallas found that the lawsuit, brought by consumers who claimed they paid inflated prices for their rooms, failed to adequately show that such a conspiracy existed.
With more storms coming, traders will be plowing through economic reports for the impact of winter weather on the economy and corporate profits.