Trading Game Plan For 5 Market Movers

By Markos Kaminis (Wall St. Greek): The $1000 price target assigned to Google (GOOG) shares last week by Sanford C. Bernstein and CLSA is a curse according to CNBC's Jim Cramer.

ByYorkville Investor:Lululemon (LULU) is overvalued, and you should short it. By all conventional metrics that we employ, Lululemon appears overvalued:

There are two reasons the smartphone could cease to be the dominant way people access the Internet and connect to each other. The financial incentive is there. The smartphone market is nearing saturation. Already, companies like Apple that have ridden to incredible highs on the market's growth will need to turn to new products to renew their revenue acceleration.

Whopper Investments submits:Under Armour (UA) reported blockbuster earnings this morning, and the stock price is up over 10% on the news. While the stock is certainly one of the great growth stories in recent memory, at these prices investors pay a hefty price for that growth and may find better value in one of their competitors, Nike (NKE) or Skechers (SKX), both of which trade for much more reasonable valuations.

Ganaxi Small Cap Movers submits:This article is a follow-up to an earlier one I wrote on April 12 on Identive’s (INVE) "Exclusive" Pact with Google (GOOG) announced two weeks ago.

NakedValue submits:Lululemon Athletica (LULU) is one of the stock market's hottest stocks. From its March 9, 2009 price of $4.50, the company has soared past $100. With this success and fast growth has come concern that the company is overvalued. With a trailing P/E of 60.46 and a forward P/E of 40.38, investors clearly expect continued high growth and success.

Retail Geeks submits: Lululemon Athletica (LULU – $78.28) management has done a tremendous job and achieved a 25.6% EBIT margin in FY 2010 (ex-Items).

Geoffrey Ching submits:Many investors use the PEG ratio for finding stocks with low valuation ratios relative to growth. However, I think that the PEG ratio does not include enough factors, and I prefer to use the enterprise value to operating cash flow to growth (EV/OCF/G) ratio. I like this metric better for two reasons, 1) enterprise value penalizes debt and rewards cash, and 2) operating cash flow is less volatile and harder to fake than earnings.