I think you know what this means...when the mafia boss kisses you, you are going to get whacked shortly.
Cloud & Mobile
Although it's gained over 150% this year, Cramer's favorite play on new technology remains Netflix.
Largely he believes the company is facing huge growth potential overseas and he believes in the US the company will add more subscribers with its growing slate of proprietary programs.
"In less than two weeks' time Netflix will release season four of the incredibly beloved show, Arrested Development. I know, one product shouldn't matter. But House of Cards mattered. Catching up with Walking Dead mattered. I think Arrested Development will lead to a new round of sign-ups for a service that uses about 30% of the nighttime bandwidth in this country
Sometimes Cramer's calls work against the momentum because those shareholders who were planning on selling will feel like it's the best opportunity they are going to get, and a lot of sell orders come in. Cramer and Tilson are both contrarian indicators, so don't panic.
AD because it has such a pre-packaged audience will almost certainly have a much more rapid impact than House of Cards. Google trends already shows it beating it in search traffic. And although Hemlock Grove is a disappointment it also came in Q2, so beating subs this quarter seems a slam dunk.
After that though... I'd be more pessimistic about the rest of the year.