Growth Stocks Catch a Wave
The growth stocks are having a decent time of things, and I think that a lot of it is simply the halo that comes from a couple of big growth stocks that have said good things.
For example, lululemon athletica (LULU) was supposed to have been hammered, but it hasn't happened, and that's in large part because when people pulled apart the quarter, they realized that the growth path, the years of growth ahead of it, makes it a stock that you can pay up for. That was an extraordinary quarter, and the failure of the shorts to keep it down or bring out sellers has emboldened people to stick with some hard-to-own longs....147 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.