Amazon's Baffling Surge
Imagine that somebody offered you the chance to risk twice as much of your money while working much harder. Would you find that appealing? What if the offer noted that you'd probably earn approximately half what you did two years earlier, in 2010?
Would you be rushing to get on board with that or would you head straight for the door? Put that way, I'd guess most people would be heading for the exits. Yet, surprisingly, after Amazon (AMZN) reported objectively shoddy first-quarter results after the close Thursday, their shares surged by $30.86, or 15.75%, to $226.85 Friday....437 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.