Raging Bull Index: Ford, NetFlix, Amazon and Others (F, NFLX, AMZN)
The Masters have been preaching the Negative Nancy Index but until the tipping point has finally been reached for U.S. equities its time to "back up the truck", put on the blinders, and go for broke with the RAGING BULL INDEX. Including such trading favorites as Ford Motor (NYSE:F), NetFlix (NASDAQ:NFLX), and Amazon.com (NASDAQ:AMZN).
(theStockMasters.com) Jump on board with the companies that will reap the benefits from Americans continuing to buy shit and "charge it". Along with some classic plays we also include some overpriced stocks that won't be able to sustain their momentum and are most likely to fall hard once the lack of job growth catches up with overconfident investor optimism.
Can't beat em, join em, but let's first cut to the chase, RAGING BULL INDEX tickers alone for your cut & paste convenience: F, AAPL, GS, PCLN, NFLX, AMZN
Americans continue to spend like there is no tomorrow, buying cars, iCrap, and other merchandise from Amazon.com. Its a no brainer then to go long Ford Motor (NYSE:F), Amazon.com (NASDAQ:AMZN), and Apple Inc. (NASDAQ:AAPL). Apple is trading at the insane price of $269 a share, Amazon at an equally overvalued price of $141, while the only stock/compay that is really worth buying of the three is Ford Motor (NYSE:F).
Despite Ford Motor (NYSE:F) having the greatest CEO of the 21st century, Mr. Alan Mulally, the stock price can't keep climbing at this rate, or can it?
Ford hit it out of the park recently with a $2.1 billion first quarter profit. Ford went back to the drawing board and designed sturdier and safe vehicles, adding testing to each step of the assembly line and marketed its changes in a big way.
Ford models now receive top safety ratings in crash tests and its Fusion sedan was named the Motor Trend’s 2010 car of the year.
CUE THE RIDICULOUS
If you think AMZN or APPL is expensive, think again, Priceline (NASDAQ:PCLN) is at $271 a share with a hefty P/E of 27.45. Netflix (NASDAQ:NFLX) which is an amazing company has rocketed to $101 a share with a screaming P/E of 46.21.