Prashanth Cherukuri

Earnings Season: Fight The Urge To Buy Fast Flyers

You cant be more mistaken than this. At any time during earnings season, you're better off buying high-growth large cap stocks than buying the Underarmours and Irobots, Nutrisystems and Coaches, which are nothing but fad stocks.
Even NTRI was way below its 52 week high but got creamed after earnings. Atleast the big guys like AAPL, GOOG and BIDU have the legs to come back to their levels even if they fall, but think how long NTRI will take to get to 70 again.
You were wrong on earnings on AAPL and GOOG, hope you make a hattrick of mistakes with BIDU.
good luck