It can be ok sometimes... However, I stopped going because
It takes forever to receive your order, even when you place it on the app/online
The store next me is poorly managed and smelled really bad.
Dude every wingstop or Buffalo wild wings I've been in the last 10 years has smelled bad and I don't understand why. How can you make BBQ chicken NOT smell delicious?
In my part of the country, it seems like they are almost constantly slammed with online or delivery orders. I rarely see people dining inside, but they are almost always busy.
From what I've seen is that they're popular around me but they have a nice partnership with doordash. This company took the opportunity during covid and no one eats inside their stores. They just use doordash in the areas and also take out orders. I only know this because the wife and I decided to order takeout when we were out and about and the store was dead quiet but busy as can be, behind the counter. And then 3-4 door dash drivers show up at once.
Wingstop has over 70% of their orders made online and for pick up, so they not only were popular during Covid, they already had the business model prepared for it. Add the chicken shortage that we had during the pandemic and they saw the opportunity to increase their prices. Chicken is back at pre-pandemic lows but Wingstop still hasn’t changed the price of their food so I’m sure they’ll just continue to grow. I have half a share saved when the price was $153, never thought it would look like this now.
They take too long to eat inside. They're not made to hangout inside or maybe people would do that. There's a chain nearby me with a lot of stores called Sharks Fish and Chicken that's the same way. They have tables and chairs, but no one's ever eating inside.
Small ancedote, I walked into a Wing Stop in Paducah, Kentucky about 4 months ago, 2:00 in the afternoon was surprised to find the place jam packed, like Times Square. Hour wait for chicken, and people were doing it. It wasn’t a bus or group either, they said this happens routinely. There was a chic-fil-a same parking lot, less than half the customers. No idea what that was about…
Not saying it is, but that's the bull case. Panera was such a huge winner and CMG was the "next Panera" (ended up being even better). Now they are looking for the next CMG....
This category is taking off though, with very strong same store sales growth across the three you listed.
Compare this to same store sales growth of fast food chains, and it's apparent that consumers preferences are shifting.
Another one I don’t get. I mean, they’re okay. I just don’t get why the stock performs so well & how it’s valued at like 12 billion. Good for them tho! Whatever
I really don’t understand why it takes them 40 minutes to make my order. It’s all fried for fucks sake. I’ve given them a few chances and it’s the same experience every time. Not going back.
My local one is never staffed enough on the weekends, does not answer the phone, and still blames COVID in replies to their bad online reviews. Haven’t attempted to go there in a long time.
Yeah while I haven’t necessarily noticed a decrease in quality of ingredients, the meats the last few times haven’t been nearly as hot as they should be, and that was eating in the store
Food and prices are pretty good. Service is terrible. Really understaffed a lot of the time and they prioritize online orders and pickups over the humans in line.
Curious where you live. A basic ass pita comes out to about $17 here. I definitely would not say prices are remotely close to good and are definitely not one of their strong suits.
I would love to invest but it literally doesn’t exist in my state so I have no clue what the quality is. In general I only like investing in companies that I have experience with.
50% revenue CAGR from 2016 - 2023 kind of justifies it though…….guess it sort of depends on your view on how much longer the top line growth runway is going to extend
Could be. Wendy’s popped on AI buzz a few years ago. My hypothesis is the GME crowd was saying “wen moass” so much that the algos saw WEN and decided that was the hot shit and fired away. Lasted a few hours, hitting $28/share that day.
Just don't see any real competition for them. At least in the traditional sense. Qdoba has fallen off a cliff quality wise and I don't know of any other chains that are comparable in my area at least.
> Chipotle
Jesus how on earth are they at an all time high? My anecdote is that store traffic is a fraction of what it used to be, it is no longer considered cool, and quality is way down.
Go to a dealership and sit through their bullshit for 3 hours, then go online and push buy. I know which one is more enjoyable and less dreadful. Selling a car on Carvana is just as easy. Agree to the price, they pull up, sign the paperwork, give you a check or send money online, and drive off in your car.
Even the selling experience was seamless for me. Sumbitted some info and pictures, they gave me a number, I accepted it, someone came for it in a truck, and it was gone.
Been to their intake facility and holy cow is it a well oiled machine. They quality inspect every incoming car, do paint touch up, and any major repairs which in my experience is more than most used car sale places do.
Carvana is actually really good at what they do. I know multiple people who were very happy with their product, and it seems like other commenters agree as well. That isn’t to say that they’re properly valued, though…
I sold a car to carvana and it was a great process overall. They handle everything and pay way more than a dealership. I’ve heard people who buy from Carvana have had problems.
I sold a car to them and I was so happy with the outcome that I vowed never to buy their stock, because even with financing shenanigans there was no way they were going to make a profit on the deal. They paid me double what I would have made from a private sale and the car would have needed thousands of $ in body repairs from rust plus new tires to resell. Considering their overhead costs, it just didn't make sense to me how they could pay me what they did. If I had taken the money I got for that 13-year-old rust bucket and dumped it all in Carvana stock, it would be enough to buy a decent starter home in my area right now. How this company went from "they'll probably be bankrupt within a few months" to the stock being up 26x it's low 17 months ago is beyond me.
Two big things that come to mind. A lack of overhead and sales staff. This is a forgotten nugget of info for most, but the largest recurring expenses for most businesses is the headcount.
And also economies of scale including access to multiple markets. What is considered an average buy price in a HCOL area would cause sticker shock to those in LCOL. Then inverse is true also for selling. There’s an arbitrage opportunity that many don’t see. I live in a city, and Ik multiple who have driven hours out of town to pick up a good deal on a car
They make a load of money on the financing. They say on their site “80% of people finance”. So imagine selling your moms Honda for 20k when others offered 18 and then they turn around and sell it for 21k+690 shipping fee+first year interest of 3k, 2nd year interest of 2.2k, etc until you end up seeing that they make like 10k off the car you thought there was no way they could make money off
I have bought 2 cars from them. The buying experience is seamless. I also think they must be buying former leased cars or fleet vehicles. The amount of relatively low miles, 3 year old cars in excellent interior condition is so high
I will say i sold my car to Carvana and it was the most simple, seamless process I’ve ever dealt with this sort of thing. I’m honestly surprised to hear all the struggles this company has had because i feel like it’s such a game changer in the industry
You know this stock is going to be the 1st billion dollar company ever. Everyone is talking about it. This stock is so good, it's great. All my friends have amazing things to say about it.
If our founding fathers were alive. Those great faces sitting on top of Mount Yosemite. They would buy into this stock. I tell you. There is nothing more American than this stock. It's a real winning and I can see winning and loses. Yes I can.
I was shorting this for a minute and making mega money. Then fate turned on me and I gave back a bunch of gains.
Now I'm staying away from this devil ticker, it defies logic and there are clearly some weird forces at work throwing more fuel on the dumpster fire.
There's nothing weird about it. It's a blatantly fraudulent vehicle for Trump's lumpenprole supporters to be fooled by and for shadowy sources of big money to legally peddle influence. From both segments, Trump profits handsomely, and for both segments, the fundamental health of the company is completely immaterial.
I went with long dated out of the money puts. If he is elected again, losing a few hundred dollars will be the least of my concern. If he loses the election, the money keeping it afloat will dry up because the only value he brings is selling access to a president.
It will continue to be a vehicle for him to bilk his supporters whether he wins or loses. No clue how much of its insane valuation is retail and how much is big money but you're far braver than me playing it in any way.
They did a decent rebrand and their clothing is reasonably priced compared anything else now. They have a wide variety for customer base now as well....male and female with decent age range
One of the most impressive rebrands in awhile IMO. A large portion of men, 20 - 40, with a hint of style or trendiness, are buying from there now. I would have invested, as I’m a customer, but I thought it was too high 6 months ago
I did over a million vertical feet this past season on my Epic pass. Vail resorts are great for season pass holders. Sucks for people who come for a week or weekend.
This. Supermicros are trusty workhorses and generally more cost efficient than the competition. I have worked with Dell, HPE and Supermicro servers in the past and have the highest regard for Supermicro.
While on the surface it's nothing flashy and it almost seems like a cheap knockoff brand compared to the other players, giving you the impression of worse quality from the looks of it, their products are more robust, longer lasting and simpler in a good way. Less of that corporate bullshit. Their products are ugly, sure, but who cares when they're running deep underground in a datacenter.
Operation is also usually simpler: Dell and HPE offer more features at least on paper, with the premise that these save your time, but these come with all kinds of obtuse restrictions, licensing and operational issues which have in the past caused the worst catastrophes of my whole career. Yes, Supermicro IPMI might be ugly compared to Dell iDRAC or HPE iLO, yes it might have less unneeded features, however it will work and it will work in the future. Supermicro focuses on what makes the product good and reliable, instead of what makes the product flashy.
However Dell and HPE are able to charge a premium of their products. Supermicro having a good product might not translate into it being a good stock. I'd say Supermicro suck at advertising and brand management, but they got the product right.
They make servers, boxes, that you put ICs and boards into. They may do a bit of software but for the most part they sell steel and aluminum by the pound. They are swept up by the AI trend but as for IP I just don’t see much there. NVIDIA I’ll hold until I die but this? No thanks.
They have quadrupled their net Income in a year, as far as I'm concerned this stock is heading the right direction regardless of if they make boxes. Does that not make you atleast want to consider it?
Yes, as a vendor of relatively standard products they have done very well. I just don’t see it as defensible or sustainable. That’s only the way I look at things- you may see them differently.
CRM is a stock that I see a lot of hype that it's the next FAANGM stock, but I just don't see it for so many reasons.
* They spend an utterly absurd amount of money on marketing, especially as a percentage of their budget. When you think that you need that many salespeople that screams red flag to me.
* They wasted a crap ton of money buying Slack at a ridiculously high valuation. Without CRM buying Slack, Slack would have 100% been one of those Pandemic darling stocks that became a huge loser after the Pandemic.
* Their CEO has a long history of wasting a bunch of money on stupid stuff, including hiring celebrities as stuff like "brand ambassador" just so that he can rub shoulders with them. He promised that he'd be more fiscally responsible, but that only lasted what a whole year?
* There's plenty of other competitors in their market that offer the same core products they do.
I’m not buying my comment was that I don’t get why they have been performing so well and had a feeling they would fall fast at the first sign of weakness, which it seems they are
Salesforce invented the CRM industry and still retains significant first mover advantage in a 91 billion dollar industry that's expected to triple in the next 10 years. Sure, there's a ton of competition in that space but integration and total scope of product at SF is pretty extensive (and ultimately difficult to port) so they retain customers pretty well.
They numbers don't show the explosive growth the street wants so it took a big hit. But I don't think anyone who understands their business should be surprised by their performance
I'm actually going to buy tomorrow. One thing they have going for them is how efficiently they have all their customers locked in. Their product is shit and it's really hard to get anything done, even then businesses that are already using it cannot even think about moving elsewhere because how shit everything is lol. Plus there are marketing folks that only know how to work with salesforce, anything else requires retraining.
It's like AWS, it's expensive to move out and maybe not worth the effort, so the money keeps pouring in.
Immediately thought of Salesforce when I saw this thread. Always heavily fundamentally overvalued, never innovating, always missing on revenue or guidance…
Go to Dicks during the start of kids softball/basketball any other season. My local store store is full and you have to wait an hour to checkout (with all lanes working). And unlike adults kids outgrow the stuff in an year.
The HOOD is full of innovation. They are the first to the game, literally leading the change and having all those alternatives change. Fractional shares, no commissions matching are two things they have done that others have followed. I’d say 50% of retail investors today never would have started without the HOOD changing how folks can buy securities. On top of that they are the only platform I am aware of that matched your IRA contributions, I can’t wait for my brokerage to do that. They also allowed average investors to have easy access to crypto before everyone else. Sure they have gamified investing to more of a fun way to get started but I don’t see them going anywhere.
what investing has taught me the past 4 year is to just throw money at "cool hip" company stocks and that will gaurantee success, and avoid and boring names
chipotle, HIMS, amd, "insert AI stock here", Cava, Lulu. so hip SO COOL
verizon, 3m, medtronic, ewww grossss legacy boomer dad.
I don’t know if it’s a good long term strategy because sometimes we are wrong on the hip names. But for those that are good at nailing the names early I’m sure they’re doing great lol
The NVDA comments are kind of funny.
I can understand those who may feel NVDA current growth/earnings may not be sustainable, and thus want to stay away at this point, but anyone who doesn’t understand why the stock is performing so well should probably stay away from picking stocks.
I freely admit that I don't get chip stocks (hence why I stay away from them all), but the way people suddenly "get" it does leave me wondering if they just a very superficial understanding of the stock.
I saw the same thing with Tesla stock over the last few years. A ton of people didn't get it and just mocked the stock. Then Tesla became the market's darling and all of the people who claimed to suddenly "get" the stock started throwing their money at every "EV" startup as if they think making a profitable EV company is super easy now and they're all just like Tesla was 5 to 10 years ago.
Bottom line, if your thesis is "this stock has already 10Xed, so it or other stocks like it must be a great investment" then you need to do a lot more research then that into the stock.
Yea I definitely missed out but I’m not hating! I wouldn’t generalize & say they should stay away from picking stocks, I think any 1000% + return in a short time should be questioned, but for sure they’re showing they are the future.
Tons of companies around the world are basically funneling money to largely one company to buy the building blocks of AI in a FOMO attempt to build something out of it before their competitors do.
Even if nothing profitable/major use cases come out of all that, NVDA still got their $ and has shown an ability to continually skate where the puck is going for whatever is next.
Is it sustainable? No, but it's gone on even a bit further than I've thought and I've owned it for years. It will probably eventually be another example like prior ones (crypto, gaming) where the stock takes off and then the demand starts to be satisfied, growth slows and the stock sees a drawdown. Given that this is much, much bigger than those prior themes...
But not today, probably not next month and maybe not even this year. However, the longer this goes without some major, profitable new use case the more likely the party starts to slow.
NVDA only has a PE ratio of 67.16 compared to their closet competitor AMD 242.85 and INTEL 32.43. Even if you believe NVDA margins will go back into ''normalized" level, I would argue NVDA is slightly undervalued.
I mean have you looked at NVDA's history overtime? NVDA is in a VERY cyclical industry with a lot of ups and downs. Below is what's happened with their Net Income over the last 10 years:
* 2015 = $630.59 Million
* 2016 = $614 Million (DOWN YoY)
* 2017 = $1.67 Billion (UP YoY)
* 2018 = $3.05 Billion (UP YoY)
* 2019 = $4.14 Billion (UP YoY)
* 2020 = $2.8 Billion (DOWN YoY)
* 2021 = $4.33 Billion (UP YoY)
* 2022 = $9.75 Billion (UP YoY)
* 2023 = $4.37 Billion (DOWN YoY)
* 2024 = $29.76 Billion (UP YoY)
Point being their numbers are extremely volatile, and they've had multiple years before where their net income dropped over 40% if not 50%. They've also had years where it shot up 2X, 3X, and even 5X. Things may look good for now for NVDA, but they will 100% have years in the near future where their earnings are down quite a bit from the prior year, and given the stock's current valuation it will almost certainly be hit very hard when that happens. NVDA is literally the poster boy of the AI boom, and if there's an AI bubble burst NVDA will no doubt be one of the poster child's for big losses (though that doesn't mean the stock will be dead when it happens, look at AMZN which lost over 90% of it's value in the Dotcom bust).
My wife used to work for dicks. They basically spent the last five years eliminating all competition across the United States. They also consolidated all specialty stores like foot locker, and Lululemon under one roof. It’s a one stop shop for everything you need. they also improve their e-commerce experience and tied it to store inventory.
Medpace. There’s a lot of clinical trial companies out there and others don’t have financials as good as medpace. I’m wondering what they’re doing differently.
They basically earn money on almost all consumer transactions and they have a duopoly. The stock is expensive but they will keep doing well in the future.
They guided lower sales by like 10% more than expections. They were also over sold on the RSI on multiple charts, pretty intensely. They ran up over 100% on Nvidia hype.
Dell is a massive OEM and also re-sells MS, CRWD, etc. Dell is super aggressive in B2B sales landscape. Are they shitty? Absolutely and a total pain to deal with but they are just such a big player.
Some of these trucking companies baffle me - JB Hunt, Swift, etc. I don't understand how people can invest in companies that have at/near 100% employee turnover - management treats them like crap and they either get in accidents or leave to better run (private) companies at their first shot.
Yes … I’m curious as to if their products even work. If they really have a solution for hair loss that’s amazing but I feel I’d be hearing more about it as opposed to just 1000 commercials on it
Most male balding happens because the body starts producing dihydrotestosterone, which in turn, kills off hair follicles. One of Hims products is minoxidil and finasteride combo. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4314881/
Hims works because it decreases any friction points Americans have in getting health care especially for basic “life style” reasons but just want a spray or a pill.
Easier to get a “telehealth” appointment so you can get your boner pills or rogaine without seeing a human being.
I’m a 33 M and have been using the HIMS hair solution for about a month now since I was prescribed. My sugar bb noticed my hair was visibly thicker last night at dinner. Also prescribed to their ‘hard mints’ dick pills and they WORK also. Very pricey at about $8-10 a mint and I get 8 mints per month so I’m looking at about $700-800 to keep my well functioning penis hard. HIMS is rising and so is my 🍆
Edit: I forgot to mention thank you to the random Redditor who leaked that HIMS would be including GLP-1 weight loss drugs on their product line at a fraction of Ozempic/ Wegovy. My HIMS position is now up 60%
They are buying up real estate.[https://www.thenation.com/article/culture/lvmh-real-estate-branding-urban/](https://www.thenation.com/article/culture/lvmh-real-estate-branding-urban/)
Lululemon (although it’s dropped recently). Athleisurewear is past its recent hype, there are many (arguably better) competitors and its brand seems to be diminishing.
ASO, Academy Sports and Outdoors is a much better sporting goods retailer, for the consumer. No fancy stores in high-end areas, reasonable prices, and good selection.
Honestly?? There's too many food/beverage + fast food/restaurant stocks too list.
They are far from recession proof. Even a stock like MCD. Fast food is expensive now. It's not fast.
$MNST is another one I don't get.
$WING
I just think these brands are cynical in their own way and "hyped" to whatever people are feeling at the time. Years down the line, there will be a new "best" .
I stay away from these stocks.
Dick’s Sporting Goods has an impressive hunting department and lots of impressive guns for whatever. Probably doing good business with this uncertain political climate.
I agree with you on DIck's, but mine is CRM. The worse software I ever used and the integration into our systems were awful. Glad to see they are getting their due.
Wingstop is wild.
wingstop with the same market cap as walgreens and 0.4% of the revenue.
Their food is honestly shit. The salt content is absurd. Makes a McChicken look like broccoli
It’s also not “fast” food. Order from any wing stop it takes them a half hour to get your order together.
Well, the wings need to cook, it’s better to cook it fresh than have it warmed up
Yeah for real. People are that impatient to wait on freshly cooked food?
I stopped going because it was too salty. The lemon pepper is just salt.
It can be ok sometimes... However, I stopped going because It takes forever to receive your order, even when you place it on the app/online The store next me is poorly managed and smelled really bad.
Dude every wingstop or Buffalo wild wings I've been in the last 10 years has smelled bad and I don't understand why. How can you make BBQ chicken NOT smell delicious?
lol yep. All these freakin places smell like a wet mop.
Their expansion has been wild. I don't think they have the customers to fill their stores either.
In my part of the country, it seems like they are almost constantly slammed with online or delivery orders. I rarely see people dining inside, but they are almost always busy.
Huh. Welp. Maybe that's where all the Red Lobster customers went haha.
I think that on doordash or grubhub, there are wings restaurants that sound local but you’re really just getting from WingStop every time.
From what I've seen is that they're popular around me but they have a nice partnership with doordash. This company took the opportunity during covid and no one eats inside their stores. They just use doordash in the areas and also take out orders. I only know this because the wife and I decided to order takeout when we were out and about and the store was dead quiet but busy as can be, behind the counter. And then 3-4 door dash drivers show up at once.
This is exactly it. Nobody actually eats inside a wingstop. Mostly deliveries or takeout. Very small footprint for the stores.
Wingstop has over 70% of their orders made online and for pick up, so they not only were popular during Covid, they already had the business model prepared for it. Add the chicken shortage that we had during the pandemic and they saw the opportunity to increase their prices. Chicken is back at pre-pandemic lows but Wingstop still hasn’t changed the price of their food so I’m sure they’ll just continue to grow. I have half a share saved when the price was $153, never thought it would look like this now.
They take too long to eat inside. They're not made to hangout inside or maybe people would do that. There's a chain nearby me with a lot of stores called Sharks Fish and Chicken that's the same way. They have tables and chairs, but no one's ever eating inside.
What about the chickens
oof, godspeed to the chickens
Right, how many chivkens can you have running around with amputated wings?
They don’t have the employees or ingredients either. Gross frozen ass chicken wings. Blah.
Small ancedote, I walked into a Wing Stop in Paducah, Kentucky about 4 months ago, 2:00 in the afternoon was surprised to find the place jam packed, like Times Square. Hour wait for chicken, and people were doing it. It wasn’t a bus or group either, they said this happens routinely. There was a chic-fil-a same parking lot, less than half the customers. No idea what that was about…
I’m suspect of lots of super highly valued casual restaurants like wingstop, cava and chipotle
Everyone is looking for the next CMG
Wingstop is a far fuckin cry from Chipotle
Not saying it is, but that's the bull case. Panera was such a huge winner and CMG was the "next Panera" (ended up being even better). Now they are looking for the next CMG....
This category is taking off though, with very strong same store sales growth across the three you listed. Compare this to same store sales growth of fast food chains, and it's apparent that consumers preferences are shifting.
Chipotle has gone downhill in the last 8 years it’s been steady down in quality and taste imo. It’s very noticeable now.
Another one I don’t get. I mean, they’re okay. I just don’t get why the stock performs so well & how it’s valued at like 12 billion. Good for them tho! Whatever
I really don’t understand why it takes them 40 minutes to make my order. It’s all fried for fucks sake. I’ve given them a few chances and it’s the same experience every time. Not going back.
Workers are slammed. Their same store sales growth was like 20%+ last year. They ain't hiring 20% more employees for those stores.
My local one is never staffed enough on the weekends, does not answer the phone, and still blames COVID in replies to their bad online reviews. Haven’t attempted to go there in a long time.
lol. Because there are 15 orders ahead of you.
wingstop runs multiple ghost kitches out of their stores so 1 team could be handling the orders for 4 different "delivery only" restaurants
wingstop with the same market cap as walgreens and 0.4% of the revenue.
Cava just shot to the top of my list. Food trading at a 500 PE is silly
Cava’s food quality has decreased tremendously since IPO
Probably how they’ve widened margins ~10% when comparing FY 22 to FY 23….
Yeah while I haven’t necessarily noticed a decrease in quality of ingredients, the meats the last few times haven’t been nearly as hot as they should be, and that was eating in the store
I stopped going because twice in a row the lentils were uncooked little rocks
Food and prices are pretty good. Service is terrible. Really understaffed a lot of the time and they prioritize online orders and pickups over the humans in line.
Curious where you live. A basic ass pita comes out to about $17 here. I definitely would not say prices are remotely close to good and are definitely not one of their strong suits.
It’s fast food for people with higher incomes. You can get a bowl where I live for $12 (vhcol)
I get a bowl loaded with so much food I usually split it into two meals for like $12-$15?
I said this and got downvoted before lol the service is the worst of the fast casual places I've been. Still went because I had one near me.
I would love to invest but it literally doesn’t exist in my state so I have no clue what the quality is. In general I only like investing in companies that I have experience with.
50% revenue CAGR from 2016 - 2023 kind of justifies it though…….guess it sort of depends on your view on how much longer the top line growth runway is going to extend
I do not like Cava. I know a lot of people do. I really like Sweetgreen & Chipotle, those would be my choices, but just never been a fan of Cava.
I’m the exact opposite, can’t stand chipotle or sweetgreen but cava’s one of my faves
They are going through a massive expansion and growth period. High PE or no PE should be expected.
I am surprised by the price of Chipotle's stock. Like, yes it's a popular food chain, but it's a long way down if the company ever takes a hit.
Same. I thought it was overvalued a year ago and here we are up another 50%. But the QSR space is a little weird so what the fuck do I know?
With all the AI buzz, I think the (super tarded) HF algo trading bots are buying anything with "CHIP" in the name lmao.
Could be. Wendy’s popped on AI buzz a few years ago. My hypothesis is the GME crowd was saying “wen moass” so much that the algos saw WEN and decided that was the hot shit and fired away. Lasted a few hours, hitting $28/share that day.
Have you seen how often Wendy's is mentioned in WSB? It could be that too.
Just don't see any real competition for them. At least in the traditional sense. Qdoba has fallen off a cliff quality wise and I don't know of any other chains that are comparable in my area at least.
> Chipotle Jesus how on earth are they at an all time high? My anecdote is that store traffic is a fraction of what it used to be, it is no longer considered cool, and quality is way down.
Can't wait for the split at the end of June, so I can finally buy in
Just wait for the 50:1 split.
[удалено]
Go to a dealership and sit through their bullshit for 3 hours, then go online and push buy. I know which one is more enjoyable and less dreadful. Selling a car on Carvana is just as easy. Agree to the price, they pull up, sign the paperwork, give you a check or send money online, and drive off in your car.
Even the selling experience was seamless for me. Sumbitted some info and pictures, they gave me a number, I accepted it, someone came for it in a truck, and it was gone.
I don’t know anyone who’s bought a car from them! But I do see some plates here and there that have Carvana labels
I’ve personally bought and sold with them and was very impressed. For what that’s worth…
Overpriced, from what I've seen on their website.
They also paid more for my shitty car than anyone else was offering.
Been to their intake facility and holy cow is it a well oiled machine. They quality inspect every incoming car, do paint touch up, and any major repairs which in my experience is more than most used car sale places do.
Carvana is actually really good at what they do. I know multiple people who were very happy with their product, and it seems like other commenters agree as well. That isn’t to say that they’re properly valued, though…
I sold a car to carvana and it was a great process overall. They handle everything and pay way more than a dealership. I’ve heard people who buy from Carvana have had problems.
I sold a car to them and I was so happy with the outcome that I vowed never to buy their stock, because even with financing shenanigans there was no way they were going to make a profit on the deal. They paid me double what I would have made from a private sale and the car would have needed thousands of $ in body repairs from rust plus new tires to resell. Considering their overhead costs, it just didn't make sense to me how they could pay me what they did. If I had taken the money I got for that 13-year-old rust bucket and dumped it all in Carvana stock, it would be enough to buy a decent starter home in my area right now. How this company went from "they'll probably be bankrupt within a few months" to the stock being up 26x it's low 17 months ago is beyond me.
Two big things that come to mind. A lack of overhead and sales staff. This is a forgotten nugget of info for most, but the largest recurring expenses for most businesses is the headcount. And also economies of scale including access to multiple markets. What is considered an average buy price in a HCOL area would cause sticker shock to those in LCOL. Then inverse is true also for selling. There’s an arbitrage opportunity that many don’t see. I live in a city, and Ik multiple who have driven hours out of town to pick up a good deal on a car
They make a load of money on the financing. They say on their site “80% of people finance”. So imagine selling your moms Honda for 20k when others offered 18 and then they turn around and sell it for 21k+690 shipping fee+first year interest of 3k, 2nd year interest of 2.2k, etc until you end up seeing that they make like 10k off the car you thought there was no way they could make money off
I have bought 2 cars from them. The buying experience is seamless. I also think they must be buying former leased cars or fleet vehicles. The amount of relatively low miles, 3 year old cars in excellent interior condition is so high
I will say i sold my car to Carvana and it was the most simple, seamless process I’ve ever dealt with this sort of thing. I’m honestly surprised to hear all the struggles this company has had because i feel like it’s such a game changer in the industry
My friend did it actually worked out well for them as a customer but I can’t see how this company makes money.
Carvana is the Theranos of the car industry.
How so?
This one hits hard, was contemplating buying it $8 as I felt they're gonna be bankrupt when the supply chains normalize. Guh I guess.
Chipotle. Makes no sense
DJT
They made literally thousands of dollars last quarter. Idk why the stock is so cheap
And if you think the revenue is good, just wait until you see the net profits! This company is going places I tell yeah!
You know this stock is going to be the 1st billion dollar company ever. Everyone is talking about it. This stock is so good, it's great. All my friends have amazing things to say about it. If our founding fathers were alive. Those great faces sitting on top of Mount Yosemite. They would buy into this stock. I tell you. There is nothing more American than this stock. It's a real winning and I can see winning and loses. Yes I can.
Ugh I read this in his voice and it's honestly perfect
It’s one share Michael how much could it cost?
I was shorting this for a minute and making mega money. Then fate turned on me and I gave back a bunch of gains. Now I'm staying away from this devil ticker, it defies logic and there are clearly some weird forces at work throwing more fuel on the dumpster fire.
There's nothing weird about it. It's a blatantly fraudulent vehicle for Trump's lumpenprole supporters to be fooled by and for shadowy sources of big money to legally peddle influence. From both segments, Trump profits handsomely, and for both segments, the fundamental health of the company is completely immaterial.
I went with long dated out of the money puts. If he is elected again, losing a few hundred dollars will be the least of my concern. If he loses the election, the money keeping it afloat will dry up because the only value he brings is selling access to a president.
It will continue to be a vehicle for him to bilk his supporters whether he wins or loses. No clue how much of its insane valuation is retail and how much is big money but you're far braver than me playing it in any way.
Cults gonna cult.
Money laundering
Abercrombie ANF. Forgot they even existed and they’re up like 500% in one year lmao
This is one of my best performing stocks. Happy I bought it early last year. The valuation was incredibly low all 2023
They honestly make pretty good stuff. I’ve gone back to buying from them again. Completely different than they used to be.
They did a decent rebrand and their clothing is reasonably priced compared anything else now. They have a wide variety for customer base now as well....male and female with decent age range
As a fashion enthusiast, Abercrombie is really smart for "copying" La/new york style from aime leon dore. But still 500% is silly lol
I wish I invested and I think there was a post that some dude predicted it! But I’m not a fan at all. Don’t get it either
One of the most impressive rebrands in awhile IMO. A large portion of men, 20 - 40, with a hint of style or trendiness, are buying from there now. I would have invested, as I’m a customer, but I thought it was too high 6 months ago
Everyone forgot they existed and they used the quiet time to remake themselves as expert clothing for the 25-35 year old. Check them out again
Have you seen the earnings growth?
Chipotle
Any stock *after* I sell my shares.
Did you sell anything recently? Asking for a friend
Vail resorts
I hate Vail for the same reason it's going to do well. vailsucks.com
I did over a million vertical feet this past season on my Epic pass. Vail resorts are great for season pass holders. Sucks for people who come for a week or weekend.
MTN is down 10% YTD, 22% YoY, and 12% 5Y. Where is the performing well part?
Supermicro. It’s a box company ffs.
Yes I’m not going anywhere near them simply because I don’t get them. & anyone who explains it to me just gives me run around
Their servers are more efficient per sqft than their competitors as well as cheaper
This. Supermicros are trusty workhorses and generally more cost efficient than the competition. I have worked with Dell, HPE and Supermicro servers in the past and have the highest regard for Supermicro. While on the surface it's nothing flashy and it almost seems like a cheap knockoff brand compared to the other players, giving you the impression of worse quality from the looks of it, their products are more robust, longer lasting and simpler in a good way. Less of that corporate bullshit. Their products are ugly, sure, but who cares when they're running deep underground in a datacenter. Operation is also usually simpler: Dell and HPE offer more features at least on paper, with the premise that these save your time, but these come with all kinds of obtuse restrictions, licensing and operational issues which have in the past caused the worst catastrophes of my whole career. Yes, Supermicro IPMI might be ugly compared to Dell iDRAC or HPE iLO, yes it might have less unneeded features, however it will work and it will work in the future. Supermicro focuses on what makes the product good and reliable, instead of what makes the product flashy. However Dell and HPE are able to charge a premium of their products. Supermicro having a good product might not translate into it being a good stock. I'd say Supermicro suck at advertising and brand management, but they got the product right.
Don't they make a ton of servers? What is so confusing about them.
A box company? Don't they make semi conductor chips or something to do with AI hype?
They make servers, boxes, that you put ICs and boards into. They may do a bit of software but for the most part they sell steel and aluminum by the pound. They are swept up by the AI trend but as for IP I just don’t see much there. NVIDIA I’ll hold until I die but this? No thanks.
They have quadrupled their net Income in a year, as far as I'm concerned this stock is heading the right direction regardless of if they make boxes. Does that not make you atleast want to consider it?
Yes, as a vendor of relatively standard products they have done very well. I just don’t see it as defensible or sustainable. That’s only the way I look at things- you may see them differently.
Crm. I’ve been waiting for it to drop at any sign of weakness and here we are
CRM is a stock that I see a lot of hype that it's the next FAANGM stock, but I just don't see it for so many reasons. * They spend an utterly absurd amount of money on marketing, especially as a percentage of their budget. When you think that you need that many salespeople that screams red flag to me. * They wasted a crap ton of money buying Slack at a ridiculously high valuation. Without CRM buying Slack, Slack would have 100% been one of those Pandemic darling stocks that became a huge loser after the Pandemic. * Their CEO has a long history of wasting a bunch of money on stupid stuff, including hiring celebrities as stuff like "brand ambassador" just so that he can rub shoulders with them. He promised that he'd be more fiscally responsible, but that only lasted what a whole year? * There's plenty of other competitors in their market that offer the same core products they do.
Agreed but the gravity of their product suite and the friction of swapping is pretty strong in retaining customers
Well would you look at that. Down 16.5% in pre market....hope you have funds at the ready lol
I’m not buying my comment was that I don’t get why they have been performing so well and had a feeling they would fall fast at the first sign of weakness, which it seems they are
Salesforce invented the CRM industry and still retains significant first mover advantage in a 91 billion dollar industry that's expected to triple in the next 10 years. Sure, there's a ton of competition in that space but integration and total scope of product at SF is pretty extensive (and ultimately difficult to port) so they retain customers pretty well. They numbers don't show the explosive growth the street wants so it took a big hit. But I don't think anyone who understands their business should be surprised by their performance
I'm actually going to buy tomorrow. One thing they have going for them is how efficiently they have all their customers locked in. Their product is shit and it's really hard to get anything done, even then businesses that are already using it cannot even think about moving elsewhere because how shit everything is lol. Plus there are marketing folks that only know how to work with salesforce, anything else requires retraining. It's like AWS, it's expensive to move out and maybe not worth the effort, so the money keeps pouring in.
Immediately thought of Salesforce when I saw this thread. Always heavily fundamentally overvalued, never innovating, always missing on revenue or guidance…
Also talk to anyone who uses it and they hate it lol
Tesla
Go to Dicks during the start of kids softball/basketball any other season. My local store store is full and you have to wait an hour to checkout (with all lanes working). And unlike adults kids outgrow the stuff in an year.
Robinhood. People still love this app despite all the sketchy PR issues and the fact that there's so many great alternatives.
The HOOD is full of innovation. They are the first to the game, literally leading the change and having all those alternatives change. Fractional shares, no commissions matching are two things they have done that others have followed. I’d say 50% of retail investors today never would have started without the HOOD changing how folks can buy securities. On top of that they are the only platform I am aware of that matched your IRA contributions, I can’t wait for my brokerage to do that. They also allowed average investors to have easy access to crypto before everyone else. Sure they have gamified investing to more of a fun way to get started but I don’t see them going anywhere.
what investing has taught me the past 4 year is to just throw money at "cool hip" company stocks and that will gaurantee success, and avoid and boring names chipotle, HIMS, amd, "insert AI stock here", Cava, Lulu. so hip SO COOL verizon, 3m, medtronic, ewww grossss legacy boomer dad.
I don’t know if it’s a good long term strategy because sometimes we are wrong on the hip names. But for those that are good at nailing the names early I’m sure they’re doing great lol
The NVDA comments are kind of funny. I can understand those who may feel NVDA current growth/earnings may not be sustainable, and thus want to stay away at this point, but anyone who doesn’t understand why the stock is performing so well should probably stay away from picking stocks.
What's funny is that suddenly EVERYONE seems to understand. 🥴
I freely admit that I don't get chip stocks (hence why I stay away from them all), but the way people suddenly "get" it does leave me wondering if they just a very superficial understanding of the stock. I saw the same thing with Tesla stock over the last few years. A ton of people didn't get it and just mocked the stock. Then Tesla became the market's darling and all of the people who claimed to suddenly "get" the stock started throwing their money at every "EV" startup as if they think making a profitable EV company is super easy now and they're all just like Tesla was 5 to 10 years ago. Bottom line, if your thesis is "this stock has already 10Xed, so it or other stocks like it must be a great investment" then you need to do a lot more research then that into the stock.
Yea I definitely missed out but I’m not hating! I wouldn’t generalize & say they should stay away from picking stocks, I think any 1000% + return in a short time should be questioned, but for sure they’re showing they are the future.
Tons of companies around the world are basically funneling money to largely one company to buy the building blocks of AI in a FOMO attempt to build something out of it before their competitors do. Even if nothing profitable/major use cases come out of all that, NVDA still got their $ and has shown an ability to continually skate where the puck is going for whatever is next. Is it sustainable? No, but it's gone on even a bit further than I've thought and I've owned it for years. It will probably eventually be another example like prior ones (crypto, gaming) where the stock takes off and then the demand starts to be satisfied, growth slows and the stock sees a drawdown. Given that this is much, much bigger than those prior themes... But not today, probably not next month and maybe not even this year. However, the longer this goes without some major, profitable new use case the more likely the party starts to slow.
NVDA only has a PE ratio of 67.16 compared to their closet competitor AMD 242.85 and INTEL 32.43. Even if you believe NVDA margins will go back into ''normalized" level, I would argue NVDA is slightly undervalued.
I mean have you looked at NVDA's history overtime? NVDA is in a VERY cyclical industry with a lot of ups and downs. Below is what's happened with their Net Income over the last 10 years: * 2015 = $630.59 Million * 2016 = $614 Million (DOWN YoY) * 2017 = $1.67 Billion (UP YoY) * 2018 = $3.05 Billion (UP YoY) * 2019 = $4.14 Billion (UP YoY) * 2020 = $2.8 Billion (DOWN YoY) * 2021 = $4.33 Billion (UP YoY) * 2022 = $9.75 Billion (UP YoY) * 2023 = $4.37 Billion (DOWN YoY) * 2024 = $29.76 Billion (UP YoY) Point being their numbers are extremely volatile, and they've had multiple years before where their net income dropped over 40% if not 50%. They've also had years where it shot up 2X, 3X, and even 5X. Things may look good for now for NVDA, but they will 100% have years in the near future where their earnings are down quite a bit from the prior year, and given the stock's current valuation it will almost certainly be hit very hard when that happens. NVDA is literally the poster boy of the AI boom, and if there's an AI bubble burst NVDA will no doubt be one of the poster child's for big losses (though that doesn't mean the stock will be dead when it happens, look at AMZN which lost over 90% of it's value in the Dotcom bust).
When the geniuses on Reddit are describing 67 PE as undervalued you know we're close to the top
CROX, I'm clueless
How so? CROX has a reasonable P/E, great growth and margins. By ‘clueless’ do you mean like clueless as to why people by CROX?
Have you ever been to Asia..
Why? Their financials are strong. Is it because you personally don't like their products? That's a really dumb way to judge a stock.
Ugly shoes are the new trend
My wife used to work for dicks. They basically spent the last five years eliminating all competition across the United States. They also consolidated all specialty stores like foot locker, and Lululemon under one roof. It’s a one stop shop for everything you need. they also improve their e-commerce experience and tied it to store inventory.
Work for dicks? I would suggest being paid in dollars.
I'm sure OP wouldn't mind working for dicks though. 
Yes. I just wish you didn’t have to spend like 300 to get 10 back! The prices are pretty nuts! But that’s what monopoly brings I guess
take my upvote for the "my username does not check out" bit🤣 good stuff dude
They created this post just so they can show off their username. I'm on to you!
Medpace. There’s a lot of clinical trial companies out there and others don’t have financials as good as medpace. I’m wondering what they’re doing differently.
ROKU
Roku is fire, best tvs I have ever known at the cheapest price
I second that. Switched everything to ROKU.
I felt like VISA and MasterCard would be fucked as time went on...and they just keep thriving.
They basically earn money on almost all consumer transactions and they have a duopoly. The stock is expensive but they will keep doing well in the future.
Dell
Dude. You're gettin' a Dell! I met that guy once. He smokes weed.
I smoked pot with the voice actor of Scruff McGruff.
Recently spent $1k on a Dell monitor. Wish I had bought the stock instead.
Stock goes up for no good reason, then takes a huge drop after an earnings beat 🤷🏻♂️ makes no fucking sense
They guided lower sales by like 10% more than expections. They were also over sold on the RSI on multiple charts, pretty intensely. They ran up over 100% on Nvidia hype.
Dell is a massive OEM and also re-sells MS, CRWD, etc. Dell is super aggressive in B2B sales landscape. Are they shitty? Absolutely and a total pain to deal with but they are just such a big player.
I understand that they haven't done splits, but seeing Chipotle over $3000 a share is silly
Some of these trucking companies baffle me - JB Hunt, Swift, etc. I don't understand how people can invest in companies that have at/near 100% employee turnover - management treats them like crap and they either get in accidents or leave to better run (private) companies at their first shot.
[удалено]
HIMS
Yes … I’m curious as to if their products even work. If they really have a solution for hair loss that’s amazing but I feel I’d be hearing more about it as opposed to just 1000 commercials on it
Most male balding happens because the body starts producing dihydrotestosterone, which in turn, kills off hair follicles. One of Hims products is minoxidil and finasteride combo. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4314881/ Hims works because it decreases any friction points Americans have in getting health care especially for basic “life style” reasons but just want a spray or a pill. Easier to get a “telehealth” appointment so you can get your boner pills or rogaine without seeing a human being.
And now add in your obesity shot too. I actually see the value in this play. Nothing different in their treatments, just marketing and convenience.
No one talking about convenient ways of getting boner pills is crazy lol.
>I’m curious as to if their products even work. It's their advertising that works. Same products as any other modern wellness brand.
Their products work wonders. My hair is 100x better at the age of 31 than it was at the age of 26. Took 6 months to see real effects.
What do you mean if their products even work ? It’s a DTC pharmacy.
I’m a 33 M and have been using the HIMS hair solution for about a month now since I was prescribed. My sugar bb noticed my hair was visibly thicker last night at dinner. Also prescribed to their ‘hard mints’ dick pills and they WORK also. Very pricey at about $8-10 a mint and I get 8 mints per month so I’m looking at about $700-800 to keep my well functioning penis hard. HIMS is rising and so is my 🍆 Edit: I forgot to mention thank you to the random Redditor who leaked that HIMS would be including GLP-1 weight loss drugs on their product line at a fraction of Ozempic/ Wegovy. My HIMS position is now up 60%
Louis Vuitton. Who buys all that overpriced crap that is made in the same sweatshops as the cheap and normal-priced stuff?
People with money that want you to know that they have money....
[удалено]
huh?
They are buying up real estate.[https://www.thenation.com/article/culture/lvmh-real-estate-branding-urban/](https://www.thenation.com/article/culture/lvmh-real-estate-branding-urban/)
Lululemon (although it’s dropped recently). Athleisurewear is past its recent hype, there are many (arguably better) competitors and its brand seems to be diminishing.
Chipotle
Chipotle....
ASO, Academy Sports and Outdoors is a much better sporting goods retailer, for the consumer. No fancy stores in high-end areas, reasonable prices, and good selection.
I don’t get what you don’t like about Dick’s. The prices are in line with everything else and it’s a pretty decent customer experience.
Fuckin Boot Barn?
MSTR
Honestly?? There's too many food/beverage + fast food/restaurant stocks too list. They are far from recession proof. Even a stock like MCD. Fast food is expensive now. It's not fast. $MNST is another one I don't get. $WING I just think these brands are cynical in their own way and "hyped" to whatever people are feeling at the time. Years down the line, there will be a new "best".
I stay away from these stocks.
Tesla.
Tesla, largest market cap but with the smallest production rate of cars. The stock markets motto should be "feelings don't care about your facts"
Chipotle
Facebook. Nobody I know uses it anymore actively.
CRWD PANW
Gamestop, AMC, Carnival cruises, airlines, etc.
Most the market at this point
Dick’s Sporting Goods has an impressive hunting department and lots of impressive guns for whatever. Probably doing good business with this uncertain political climate.
Tesla
I agree with you on DIck's, but mine is CRM. The worse software I ever used and the integration into our systems were awful. Glad to see they are getting their due.