Hedge funds bet against Chipotle

Hedge fund managers might like Chipotle's burritos, but some are betting against the company's stock.

Last October, Greenlight Capital's David Einhorn revealed a bet against Chipotle Mexican Grill  (CMG). On Wednesday, bond fund manager Jeffrey Gundlach of investment firm DoubeLine Capital joined him in talking down the fast food chain.

"I like the products," Gundlach admitted. Yet, he said, "A gourmet burrito is an oxymoron. All you need to compete with its MORE

Ackman: P&G CEO may need to go

Bill Ackman, the activist hedge fund manager who most recently made headlines over his big short position on Herbalife, zeroed in on Procter & Gamble at the Sohn Investment Conference in New York Wednesday.

The CEO of Procter & Gamble (PG) is one busy man, but that doesn't mean he's solely focused on his work at the helm of one of the world's largest corporations.

Bob McDonald, who's led P&G MORE

Manchester United: The business of soccer

Alex Ferguson's decision to retire after 26 years as manager of Manchester United (MANU) throws England's most successful soccer club into a rare period of uncertainty.

Winning the richest national soccer league for 13 of the last 21 years has guaranteed a big slice of broadcast revenue, and allowed the club to amass a global following of over 650 million – a loyal and lucrative market for merchandising partners and sponsors MORE

You've got fail! AOL down nearly 10%

AOL is learning the hard way that it's not easy to live up to Wall Street's hype.

Even though AOL (AOL) reported a 23% jump in net income for the first quarter thanks to solid growth in both display and search online advertising, shares tumbled nearly 10% on the news. AOL's profits missed forecasts and investors were also hoping for better overall revenue growth than the measly 2% year-over-year increase that MORE

Does JPMorgan suffer from Dimon discount?

The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.

JPMorgan Chase has made it painstakingly clear that the bank is better off with Jamie Dimon serving as both chief executive officer and chairman.

But the market seems to disagree ... which is one reason why MORE

Tesla zooms to new high, then pulls back

No cruise control for Tesla.

Shares of the electric car maker took off Tuesday, racing to a new high above $60 right out of the gate. But by late morning, the enthusiasm had chilled, and the stock was down about 3%.

The supercharged moves come one day before Tesla (TSLA) is set to report its first quarterly profit ever.

And it's all thanks to the all-electric Model S.

The full-size, four-door luxury sports sedan was MORE

Transport stocks keep on truckin'

Back the truck up! Shares of two major trucking companies were on fire Monday.

YRC Worldwide (YRCW) surged 41%, and Arkansas Best (ABFS) jumped 39%.

The gains pushed the Dow Jones Transportation Average (DJT) to an all-time high.

It was a remarkable achievement considering that FedEx (FDX), one of the largest components of the transport index, was not the main driver, as one trader pointed out on StockTwits.

howardlindzon
impressive (not fedex MORE

Smooth as Velveeta. Kraft up 6%.

It was hard to find a major stock that was down on Friday. The Dow topped 15,000 and the S&P 500 surpassed 1,600 for the first time thanks to the better-than-expected jobs report.

But some stocks were rising for company specific reasons. Kraft (KRFT) was one of them. The king of macaroni and cheese -- although my hipster son prefers Annie's (BNNY) -- surged more than 6% to an all-time high MORE

Sell in May? Find something new to say

The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.

Stop me if you've heard this before. Sell in May and go away. (I was tempted to just write those 6 words over and over again for the entire column. Like Jack Torrance in "The MORE

Boston Beer buzz kill: Shares down 11%

It's the morning after for America's biggest micro brewer.

Shares of the Boston Beer Company (SAM), maker of Samuel Adams and other craft beers, plunged nearly 11% Thursday.

The hangover comes a day after Boston Beer reported earnings that badly missed analysts' expectations.

Boston Beer earned 51 cents per share in the first three months of 2013, down almost 9% from a year earlier and well below the 62 cents a share expected MORE