He wants to take on the titans of AT&T and Verizon, said Steve Grasso, director of institutional sales at Stuart Frankel and a market analyst for CNBC, who knows Mr. Legere socially. Hes a pit bull.
Steve Grasso said on CNBC's "Fast Money" TV show that although it bothers the bears, Amazon is still priced as a growth stock. While it can drop $20 or $30 per share rather quickly, it has always had a "buy the tip" type of price action.
HOO; Joe Terranova is long SBUX; Joe Terranova is long WFM; Joe Terranova is long AAPL; Joe Terranova is long EMC; Joe Terranova is long NXPIZ; Stephanie Link is long AAPL; Stephanie Link is long MCD; Stephanie Link is long DIS; Stephanie Link is long SLB; Stephanie Link is long LRCX; Steve Grasso i
The trade: I think theyre too exposed to the PC market, says Steve Grasso, director of institutional sales trading at Stuart Frankel. Play chip makers that are more tethered to smartphones or tablets.
Date: Jul 20, 2012
Category: Business
Source: Google
Did Morgan Stanley Just Breathe New Life into Financials?
13 it will become very interesting to me.Trader Steve Grasso doesnt like the space at all. I like to trade around the marquis banks, he says, I never buy the regionals.Hear more about Huntington Bancshares from CEO Stephen Steinour. Watch the video now!Adami Owns (NUE); Adami Owns (BTU); Cortes is short Copper; Cortes is short (LULU); Cortes is short (LVS); Cortes is short (IYT); Cortes is short Wheat; Cortes is short Corn; Cortes owns (GS); Cortes owns (MS); Cortes owns (EXC); Cortes owns (SVU); Cortes owns (PM); Cortes owns (NWS); Steve Grasso odwards Owns (PEP) For ClientsEdwards Owns (QCOM) For ClientsEdwards Owns (LECO) For ClientsEdwards Owns (BMO) For ClientsEdwards is long Gold For ClientsEdwards is long Silver For ClientsEdwards is long Platinum For ClientsEdwards is owns (PM)Edwards is owns (XLK)Edwards is owns (FXC) For Steve Grasso
Date: Jul 21, 2011
Category: Business
Source: Google
Jon Najarian: Citigroup Reverse Split 'No Magic Bullet'
S. Steel (X) popped 2.7%: This metal fabrication company's stock was oversold, Stuart Frankel's Steve Grasso said. For those interested in the sector, he thinks AK Steel AKSloading... Quote|Chart|News|Profile[AKSLoading... For Steve Grasso:Stuart Frankel & Co and its partners own(ABX)Stuart Frankel & Co and its partners own (CSCO) Stuart Frankel & Co and its partners own (CUBA)Stuart Frankel & Co and its partners own (EWJ) Stuart Frankel & Co and its partners own (GERN)Stuart Frankel & Co
Date: May 09, 2011
Category: Business
Source: Google
Halftime: Facebook Venture to Drive Baidu Even Higher?
] waffled around break even ahead of earnings Monday after the bell. Whats the trade?Whats the trade?Zack Karabell tells the desk he's modestly short. Steve Grasso agrees with Karabell's short position. "I think above 18 was a gift."Brian Kelly is not constructive but he also says, "the stocnths," he says. "Chip companies have big inventories and potentially weak earnings." Steve Grasso is watching Micron MUloading... Quote|Chart|News|Profile[MULoading... ()], which he says broke its 50-day at 11te Najarian is long (BSX) calls. Pete Najarian is long (HBC) calls. Pete Najarian is long (STI) calls. Steve Grasso owns (AMD), (ASTM), (BA), (BAC), (C), (CPX), (CSCO), (D), (JPM), (LIT), (LPX), (MHY), (NDAQ), (PFE), (PRST). Zachary Karabell owns (AAPL), (GOOG) and (BHP). Zachary Karabell is long (AGQ) silver 2X ETF. Comca