As we all know, stock valuations reflect the prevailing economic weather and corporate-profit forecast. Sunny conditions give investors confidence to buy, which generally means expensive stock prices. Right now, the S&P 500 is trading at 17.0 times expected earnings, almost 20% above the 10-year average of 14.3. Some highfliers have ascended to nosebleed levels, notably names like Netflix (Nasdaq: NFLX) with a price-earnings (P/E) ratio of just above 245.
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While everybody loves rising markets, it’s hard to buy low and sell high when everything is already high.
Fortunately, the reverse is also true. Logic dictates that your investment dollars stretch further (you can buy more shares) when economic rain clouds start to appear. This is usually when most investors duck indoors. But Warren Buffett has some great advice for these situations: Be greedy when others are fearful.
Hot Warren Buffett Stocks To Buy Right Now: Celadon Group, Inc.(CGI)
- [By Lisa Levin]
Thursday afternoon, the industrial sector proved to be a source of strength for the market. Leading the sector was strength from Titan Machinery Inc. (NASDAQ: TITN) and Celadon Group, Inc. (NYSE: CGI).
Hot Warren Buffett Stocks To Buy Right Now: Cedar Fair, L.P.(FUN)
- [By Peter Graham]
A long term performance chart shows shares of SeaWorld Entertainment mostly underperforming since the IPO and largelymoving sideways for the past 2 1/2 years whileamusement park stocks Six Flags Entertainment Corp (NYSE: SIX) and Cedar Fair, L.P. (NYSE: FUN) have generally been steady performers for investors:
- [By WWW.THESTREET.COM]
Cramer was bearish on Hertz Global Holdings (HTZ) , General Motors (GM) , Pandora Media (P) , Cedar Fair (FUN) , Quotient Technology (QUOT) and Rite Aid (RAD) .
Hot Warren Buffett Stocks To Buy Right Now: Hercules Offshore Inc.(HERO)
- [By Lisa Levin]
Hercules Offshore, Inc. (NASDAQ: HERO) shares dropped 46 percent to $1.05 as the company reported that it has entered into a restructuring support agreement with lenders.
- [By Monica Gerson]
Hercules Offshore, Inc. (NASDAQ: HERO) is estimated to post a quarterly loss at $1.79 per share on revenue of $68.65 million.
You On Demand Holdings, Inc. (NASDAQ: YOD) is expected to report its quarterly earnings.