exuberance and money galore buys anything these days...
I also think it is going much lower slowly as pros sell to naive newbies..
Would you buy at these levels despite co expecting below consensus metrics?
I would be interested in learning why a stock is up 5% despite the outlook.
Do they tend to guide too conservatively?
4:25 PM EDT
WSM beats EPS and revenues and right now the shares are trading at $ 80.80
Given the reduced guidance for Q2, it will be interesting to see if the stock can
hold above the $ 80 plateau.
beat on EPS and revenues ….
But she said Q2 EPS and revenues would be light, due to the West Coast port strike..
Is she doing this, to knock down euphoria for the next quarterly report…and then
WSM will beat both EPS & Revs….again…???? One way to keep this stock
The Home Goods area of TJX was an especially throng performer for the discount retailer
during today's conference call. Not so sure I would say that hard goods home retailers
are going to have trouble making sales in 2015.
We will see tomorrow how WSM delivers.
IMO, WSM will beat on EPS and on revenues…stock challenges $ 80.
WSM had a marvelous run and lots of money was made the past 6 yrs, but WSM and other housing-related equities appear to be running out of steam. Unfortunately, nothing lasts forever. The cool thing is now we can make even more money to the downside.
Jim Cramer is an EX hedge fund guy. Got out of that business after he realized he needed to be awake working 24 hours a day.
Read his book/s.
When there's no place to hide, there's simply no place to hide. Too bad cramer can't be honest with his viewers, right? notice how he "always" has something to buy but never has anything to short? that's not being optimistic, that's being unrealistic. j. Cramer is a hedge fund stock pumper, nothing more nothing less. he takes his stock symbols and marching orders from his hedge fund buddies, then pumps them hard with a pretty story and twist on his mad money show. And, then when enough of you buy into the dog of a stock he's pumping, his hedge fund buddies give him a bone and then borrow the shares from "you, the loyal cramer follower, and shorts them. Because they can and because the stocks are over valued and ready to turn down based on technical analysis. Analysis that has been run and triple run to confirm a roll over in the stock is within a day or two. That's the urgency, to get you to buy enough shares cumulatively so hedge funds can borrow more shares to short. After all, you can't short a stock if the shares are unavailble to borrow to short. Be careful people, sharks are in cnbc waters, and cramer is a great white.
If you haven't learned anything else from j cramer, you should short/sell anything he recommends ...
SRNA is quickly setting the breakout stage but how many will catch it before a huge spike. $2 could be next target.
Still holding on my side. can things get dicey over the next few months??? sure. But it is a quality company IMO. I am long WSM.
Sentiment: Strong Buy
Thanks the INFO, I invest long term and hold 3-5 years plus so I'm looking out past the next quarter. I also have a shopping account with them and shop on line and buy at their stores, VERY nice company.
Sentiment: Strong Buy
I think in the sector both BBBY and PIR offer better value based on P/E alone than WSM. If you have had this for awhile, its had a nice run of 50-80 dollar in 2 years. Nothing wrong with "eating some of the cake" tomorrow. Plus they have some headwinds to deal with for at least the next quarter, and the reduction in next quarter/year's estimates is not exactly a positive.