Cramer’s lightning round: Barnes & Noble’s stock is trading like it could get acquired

Image result for Cramer's lightning round: Barnes & Noble's stock is trading like it could get acquiredBarnes & Noble: “I’m going to say something I typically wouldn’t say, but it does feel like it’s getting a bid or something, because it just goes up, up and up and yet the fundamentals are not great. So, I don’t want to recommend a stock on a takeover basis, but I see what’s happening and it seems pretty positive.”

Booz Allen Hamilton Holding Corp.: “It’s not a bad stock. A lot of people don’t talk about it. I think it’s pretty good. Now, candidly, I like Accenture more. I like ACN, really, a lot more.”

TE Connectivity Ltd.: “It’s interesting. It’s not great. It does network solutions, got a little cable stuff in it. It’s not compelling enough for me to pound the table.”

Adobe Inc.: “I cannot recommend this stock on a short-term basis because … I recommended it at $50. It’s at $250. I think you buy some and then you wait for it to come down because we’re not going to play the quarterly game. The quarter’s going to be good, but stocks aren’t reacting to the quarter. They’re reacting to the Fed. They’re reacting to the president. That’s not certain enough for me.”

Global Blood Therapeutics Inc.: “It’s had a very big run and it’s coming back down. I think you sold half and now portfolio management would say, ‘You know what? Let the rest run.'”

Activision Blizzard Inc.: “It has to do with Call of Duty. People think it’s not doing that well. I wish [CEO] Bobby Kotick would come on.”

[“source=gsmarena”]

Why is Nomura upbeat about Indian tyre industry? Apollo Tyres, Ceat & Balkrishna on its radar

    Global research firm believes that the Indian tyre industry is witnessing a phase of cyclical uptick in demand.

    The industry fundamentals are in a better shape now due to the demand and high utilization as well, analysts at the firm wrote in their report.

    It sees 8 percent volume CAGR over FY18-21.

    The segment is a good play on the back of healthy growth outlook, pricing discipline, and benign commodity prices, which will support margins.

    Further, the benign commodity prices could also lead to 20-25% EBITDA CAGR over FY18-21.

    Nomura expects strong demand scenario to keep utilization healthy.

    Among stocks, it has initiated coverage on Apollo Tyres with a target at Rs 288, along with Ceat and Balkrishna Industries.

    On Ceat, it neutral with a target at Rs 1,346. In case of Balkrishna Industries, it is also neutral with a target at Rs 1,008.

    [“source=cnbc”]