BusinessThe Street•9 hours ago'I Am Positioned Aggressively for a Stock Market Correction,' Says Doug Kass
And for that reason Jim Cramer has nicknamed them FANG stocks. --Jim Cramer, "Does Your Portfolio Have FANGS?," February 2013 Back in February 2013 my pal Jim "El Capitan" Cramer brilliantly (and well-ahead of anyone else) coined the term "FANG" stocks --Facebook (FB) , Amazon (AMZN) , Netflix (NFLX) and Google, now Alphabet (GOOGL) . Thursday morning, I present some serious questions about the "A" and "N" in Jim's "FANG." With Amazon and Netflix both hitting all-time highs and Amazon having finally traded at more than $1,000 a share, the media is awash in stories about how these four "super stocks" and others that have captured most of the market's gains in this bull cycle. Indeed, it has been
BusinessThe Street•9 hours agoMalls of the Future May Be Nothing More Than Giant Parking Lots for Uber Drivers and Amazon Workers
Here comes a parking lot full of Uber drivers next to the former Sears (SHLD) . "The growth of e-commerce and the increasing emphasis on delivery speed as well as pick-up services for retail goods will likely precipitate a convergence of industrial distribution and retail real estate," Fitch said in a note on Tuesday. Fitch essentially predicts that well-located malls - calculated by their proximity to population density plus the per capita income of that region - will prosper in the future as distribution and pickup centers for e-commerce retailers like Amazon (AMZN) , the giant online corporation which saw its stock hit a record $1,000 a share on Tuesday, rather than shopping destinations.
- FinanceCNBC•7 hours ago
Goldman: Follow the 'smart money' because the stocks most loved by pro investors are crushing the market
Stocks most owned by hedge funds and mutual funds managing more than $3 trillion are handily beating the market this year, according to Goldman Sachs. Technology is by far the favorite sector of professional investors, with hedge funds increasing their
