Wednesday, May 21, 2014

What to Buy:JC Penney;Amazon;Throwback Tech


CNBC host Jim Cramer has been handing out JC Penney gift cards to his coworkers.You can get a lot of really high quality merchandise at JC Penney-a shirt and tie combo,Cramer says.The stores look great.Give me JC Penney.Memorial Day,JC Penney's gonna be crowded.*
I like throwback tech.I like Cisco and I like Apple.I just think Apple is an inexpensive stock.*
The trade is,when the economy is slowing,you buy the consumer packaged goods,because they're not gonna miss the quarter;but people have to be very careful with that kind of trading,because the market's heading down right now.I find that things aren't as great as I'd like,but that's not the material of a recession.The 18-35s are still living at home with their parents at a record level,and that's something people forget about.*
Amazon has invested 20 million in China's food delivery site YUMMY77.They're learning from the hard lessons they learned in the past about competing in China with Amazon China,adds analyst Gene Munster of Piper Jaffray.They're struggling in China.This seems to be striking the right balance.Let Amazon in Seattle do what they do best:focus on Western Europe and the US.I think its a phenomenal stock to own with a five year perspective.*
Microsoft can get things right,Cramer continued;there's no law written that Microsoft must get things wrong.Microsoft makes Xbox,the most popular gaming system.*
Google is the top global brand,according to a new study.They have pulled away from everyone.My charitable trust owns it,though it's been a tough stock to own the past couple of months.*
As for McDonald's,people want to buy things that are down with a good yield.The Europeans are fleeing their bond market and coming here.What's going on is global,the author and master investor Jim Cramer pointed out.
JC Penney(JCP),Amazon(AMZN),Microsoft(MSFT),Google(GOOG),Cisco(CSCO)

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