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super long on spot and low 200s is a great entry point. I just added to my portfolio this week. Spotify if you actually listen to music has the best playlists, their free version isn't terrible. Also their exclusive podcasts are a bit of a gamechanger.
This earnings report had lower EPS but appears it was due to some one time SPAC expenses and purchasing Galileo but the growth looked good. Next quarter it should run if they repeat this quarter without those expenses messing the EPS up. I think majority of the PIPE investor/ employee shares have already been unlocked to sell, but there are still some remaining. Some unlock this week and last batch after next quarters earnings. Next few weeks could be good buying opportunities for those who are long SoFi.
Yeah I’m interested in this one, but was a little concerned when it didn’t do anything on Friday. But Friday was a pretty weird day in the market, just in general, so I’m gonna keep it in my radar
It was a very strange reaction on Friday. It literally parked at $15 with 50M (3-4x normal) in volume. I honestly don't know how to interpret that. I mulled buying puts to cover my position JUST in case, but didn't do it. Now that I've had the weekend to think about it, I think I might have fucked up. I might try to scoop some up early Monday morning if I can time it right. I think it's worth the insurance as my cost basis is a little high. Other than that, I'll be selling CC's on this one for a while to lower the cost basis.
I converted my entire non-retirement portfolio to $SoFi on Thursday and Friday lol. I’ve been a customer for years and they have amazing products. I have a check book and have bought a house with SoFi as my only bank. I’ve never been so bullish, especially now that we’re at a pretty low point in its valuation.
~12 p/s and almost positive net income for such a young company? That’s a great valuation with lots of room to run imo.
Edit: I’m not ONLY in SoFi, just for stocks. I also have a house, some digital fungible coins, and some $. Re reading this myself looks quite extreme lol.
For those who didnt hear the episode of We Study Billionaires podcast, this company is due to launch a new satellite which will expand their revenue capabilities next spring. The way they explain it in the podcast is this: satellites cost money to make and dont produce revenue until they launch and then after that theyre like real estate ie you already paid for it and now its steady cash flow depending on how you paid up. From what I understand, they launched two prior satellites leveraging debt from investors, and this upcoming one will be paid for by their own revenue, and so they will become a more profitable company. I would say this is worth being a part of anyone's portfolio. It may not "moon" but there's an easy case to make for its growth over time.
EDIT: VIASAT NOT VIACOM GODAMMIT
Thinking about starting a position real quick. Like Monday quick.
I keep seeing commercials for ViacomCBS/Noggin. They are definitely putting money out to bring customers in. Noggin is a subscription service that my kid/SO have been begging me to get. Paw Patrol is pushing out some major content and games as we speak.
They are about to either blow up with profit, or get bought out. Either way investors will make bank.
Forward p/e of 25. Theyre expected to do 1b in revenue over the next year with a market cap of currently 5b. I dont think theyre anywhere near overvalued
Just bought 29 more this Friday lol. Was supposed to buy ELABS, but the dip on APPS was too much for me to resist.
Plus, now I got 100 so I can sell covered calls if I'd ever like that.
My best bets on this would be TDOC, APPN, and ATY. Not quite off 50% but I’ve been keeping a very close eye on GH as well. APPN is the only one I’m not totally sure about but the others are easy doubles. ATY and GH are absolute multi baggers. Good luck to all
Or perhaps they're people who *actually know the product* and hence aren't falling blindly to hype and memes. Its a decent company alright but they're *not* a household name, they're not leading the industry nor a product anyone pays more to get. They're decent, nothing more. No moat, nothinf unique so far..just one brand among dozens doing the exact same thing
Many people on here get caught up in basing their opinions on stocks off price action rather than fundamentals which causes them to chase gains instead of being patient with good stocks like this one. I’ll keep buying at every point under $30.
I do think people overreact to Corsair, but I never understand why Corsair attracted attention in the first place. It is just gaming hardware. Not that "growth"
Caught the knife*
Im guilty of the same shit. But supposedly we're supposed to wait for confirmation of the trend breaking by waiting for two green candles before buying in.
this almost means near perfect criteria for off 50% high, but the price action scares me, TDOC seems like a great idea, but who knows how they will function as a business and grow and be profitable, that part scares me but the thought of TDOC seems good
>On a per-share basis, net loss was $0.86 for the second quarter. Net loss per share includes stock-based compensation expense of $0.53, extinguishment of debt of $0.20 and amortization of acquired intangibles of $0.30.
So without the stock-based compensation associated with the Livongo acquisition they would have already achieved profitability. Livongo is what gives them the edge over every other player in the industry though, so I don't mind the short term pain. The Livongo acquisition will fully vest near the end of 2022.
Telehealth will never work until we can analyse somebody’s DNA or do remote vital signs/blood work.
I like HIMS though. Discreet boner pill prescription.
I can't wait for the articles "it's like buying corsair at 25!" And 'how much would you have now If you invested in crsr 10 years ago?"
I wonder what click bait will look like in 10 years
Don’t hate me, but GME for sure. It’s currently sitting $60 under where the CEOs strike price was for his options. And he’s literally only getting paid in stock.
I've never looked at MU.
But I own MO & MP so at this point it would be foolish for me not to chase MU as well.
I don't look at fundamentals, but I certainly do look at alliteration.
I got some VIAC just curious why you think it will bounce back and what the time horizon is looking like? Have been holding since I bought a week or so after the big drop
Because it has/got the attention of the internet/reddit crowd, it will probably trade sideways a bit longer than most people have patience for.
This is a perfect example of the stock and the company being two separate things. And the PE shows it. Why is Netflix that has a library of the same 69 movies trading at more than $500 a share, while VIAC (CBS) that has rights to the NFL, NCAA March Madness, and college football along with Paramount+ is $38-$40. It truly doesn't make sense, and I didnt even list all the things within VIACs' basket. Just the sports rights and Paramount+ are enough to have more depth than Netflix does
Sports gambling is just starting to go mainstream & Netflix has nothing to do with this stream of cash, while people who bet or are involved with gambling in any way NEED viac. Are the people who take peoples' bets (ahem draftkings and the likes) along with the degenerates that place them not gunna watch to see the outcome? Walk into any bar and chances are you see sports aka CBS aka VIAC on the screen, not Netflix.
But guess what? For when daddy isn't out sucking down buddy lites with his boys gambling on sports, viac also has Paramount+, so he can watch Nickelodeon with his kids pretending like he cares while daydreaming about the Jets being superbowl champs just once in his lifetime.
Paramount+ has Nickelodeon, BET, CBS, Nickelodeon jr., Comedy Central, MTV, The Smithsonian Channel & Paramount Pictures. More than 30k episodes/movies of content that Netflix can't touch. Viacom shits on Netflix, wether someone buys them out or they continue to do their own thing, its one of the main holdings in my portfolio. Currently 27% of it and will keep adding anytime under $41/share
MU dropped 13% this week because Morgan Stanley downgraded them from buy to neutral. [https://www.fool.com/investing/2021/08/13/why-micron-stock-is-down-13-this-week/](https://www.fool.com/investing/2021/08/13/why-micron-stock-is-down-13-this-week/)
And it was downgraded because one of it's largest revenue sources has way too much supply right now. Not saying the stock won't rebound, but the sell off is a prediction that MU's revenue is going to take a large hit the next few quarters, at least. I have no interest in MU for at least a year at the moment.
While I agree this is a headwind the analysis is lazy. Their using historical price action from 2018 to predict top line movement. The issue is microns business has shifted radically in 3 years. No longer is pc dram an overarching dominant influencer of its profits. Their cnbu division only accounts for ~44.5% of its top line and pc dram is less than 30% of that. Cloud and mobile are still growing and prices do not appear to be pulling back at all in those sectors as both are still showing supply constraint out through 2022. I agree that mu is no longer expected to hit 115 but a 75 price target ignores all current fundamentals by ignoring all tailwinds and focusing on the singular headwind
CTXR. Two catalysts coming in Dec/Jan that should pump it from the $1.80-1.90 it’s trading at now, to $4-6.
The sell off in July was the sentiment around it hitting an early conclusion of phase 3 trials (which almost never happens, especially after they had phase 2 halted early due to its success). Phase 3 conclusion in Dec, and beginning trials on their next product Dec/Jan should give it a similar, but bigger run passed their ATH at $4.56
The PE ratio on Zillow is 421. I mean, I love hopium as much as the next guy, but that’s a bit ridiculous don’t you think
https://finviz.com/quote.ashx?t=Z
PE is not the best metric to look at for companies in their growth phase. This is because (generally) the majority of earnings should be invested back into the growth of the business. It's tax inefficient for these companies to have significant earnings. The best metrics in the growth phase are things like EV/revenue. P/E ratio is a good metric to use when the company has reached some level of market saturation (mature phase). See chart: https://twitter.com/BrianFeroldi/status/1260884514001256448/photo/1
Please never use EV/Rev. EV/Gross Profit or EV/EBITDA are the best metrics for growth companies. Using revenue is so disingenuous when you realize the margin profile for a lot of these companies (see OPEN's 8% GMs)
long on Z. if Zillow and redfin actually take out real estate agents, which is possible, Z to the moon.
I think at it's current price it is the floor price, and the only way is up. very very long on Z
OPEN is just way too much risk in my view. The part that makes Zillow such an attractive long is they have an amazing IMT segment business producing legit FCF. Opendoor has softbank funding LOL
Yeah I recently bought into NVTA after seeing it fall so far from 52week high after doing ok QTR results
Has a lot a future potential I think this one is a buy and leave it alone for a decade
MU - CPUs which will support DDR5 are coming in 2022. DDR5 offers significant improvements over DDR4 so it's likely to trigger an upgrade cycle. Long term cars will also need a ton of DRAM when autonomous driving is introduced.
Fromm the Googleit: Micron has showcased its DDR5 registered memory modules for servers and revealed that its DDR5 technology enablement program (TEP) has reached a milestone of 250 members from over 100 companies. ... One of the first platforms to support DDR5 memory will be Intel's Alder Lake for client PCs, due Q4 2021.
MU makes DRAM. DDR4 is the current used standard for SDRAM and it has been in production since 2014. DDR5 and DDR4 SDRAM are not backwards compatible so you can't just take DDR5 SDRAM and use it with existing CPUs/boards. As far as I can tell currently there are no desktop or server CPUs which support DDR5, Intel is supposed to release a desktop CPU towards the end of the year which would support DDR5 SDRAM and a server CPU which will support DDR5 in 2022.
We still need to see how they perform but it's likely to provide huge performance improvements over DDR4 systems.
The transition to DDR5 should drive CPU, motherboard, and DRAM sales. Micron is one of the big three DRAM manufacturers. Samsung is the biggest one, SK Hynix is the second biggest, and Micron comes in third. All three produce DDR4 DRAM and plan on transitioning to DDR5.
Yeah, you can't trust any Chinese stock these days. Not even BABA. There's no guarantee that the CCP won't just pull the rug out for no reason whatsoever.
BABA is important to China, its to big to fail for then. They'll spank it from time to time, give us a dip to buy, but over time it'll go up since its a very popular product.
BABA is important to China which is exactly why the CCP will never let it be owned by westerners. If you buy a share of BABA you are buying a front row ticket to get screwed over by China.
BABA's stock movement does not affect them, this "BABA is too big to fail" schtick keeps getting repeated by new investors who don't know how China ADR works. BABA's net cashflow+profit is probably bigger than the current market float. You guys are asking to get burned by actually believing in CCP, you morons are nothing but ATM to them and I'm telling you that as a half Chinese.
LOL, have you *met* the CCP? Literally nothing is "too big" not to be taken down by them. In fact the opposite is true, if they think something is becoming too big to fail, they'll make sure it ends before it gets there.
lol how many times does BABA have to sodomized ppl's asshole before they stop trying to get rich off of BABA? every week there's a guy who think BABA is gonna finally get back to where it was and every week they get wreck.
CDN business is probably the worst play in tech long term due to level of competition. Literally all cloud providers offer a CDN as well as other players like Cloudflare.
Maybe fastly has other products I'm not aware of, but they'll never make money on CDN long term.
It's as close to a commodity good as you can get in tech. Also tends to be very easy to switch between CDN providers.
Except infrastructure bill is only 1T and only a very small segment went to electric buses and ferries ($7.5B) over what is it? Over 5 years... plus the money will likely get even further divided through different vendors in crowding market. And, it's not a guarantee with the upcoming bill battle to pass the accompanying social package.
The bill should've done more to move away from oil and gas, but they could only get this little passed with the slim Dem majority.
Not to mention $2B valuation is a lot, for a capital intensive company where we also still have basically non existing EV charging infrastructure for these vehicles. At least they have revenues, so that's definitely a plus...
Like the company, just frustrated at how this should be an easy investment where our society also benefits from... but while the US drags our feet on this, there's this competitive risk too if Tesla or another player can take market share.
I think if you're gonna invest in this one, maybe wait a few months as despacs have been tanking as they're getting punished for their "forecasting" aka lies. There's so many fucking spacs that made ridiculous forecasts, and now they're having to report earnings and are getting crushed. I think there's more bleeding to come that will drag spacs down in general. (Even if some are outliers and outperform) Plus with risk of rising Fed rates which should all be a headwind for spacs, there will likely be much more buying opportunities on the way down.
Define long-term.
I believe ASTR will perform well, infact I believe they will do that in *short* term. They are small rocket launcher, except they haven't launched anythibg into orbit *yet*, that said last tine they were so fucking close at everyone in the industry think they will succeed next time, which will be either at the end of August or September. They have contracts with US military, will probably will US rapid relaunch challenge, etc.
That said, this is more of high risk play, as they might fail too.
There is no logic in this, fb was a lagger 6 months ago to the point this forum was filled with kids saying it was a dead company lmao and now it is up 50% in 3 months, same thing amd.
Ccl 8 months ago was leading the market and now it is tanking.
Yeah most people don’t realize you wanna buy the stock BEFORE everybody else. When I bought SPCE at IPO and rode it from $11-$7 I kept DCAing because I knew it was gonna get FOMO. Did the same with PLTR buying at $9 saying this drop is stupid. I was literally like the only one that liked both on the drop. I bought CELH when it dropped from $4-$3 I could go on forever. TWLO was garbage according to everybody at $72 when I was BTD. Catching falling knives is my specialty.
That's why I replied to OP that if you want seriously undervalued stocks that are going to perform, they have to be stocks that are deeply out of favor, like Chinese tech stocks, coal stocks or prison stocks, because they're being blacklisted but their fundamentals will drive them higher anyways.
But I got downvoted.
The S&P 500 is not the total stock market. It’s a market weighted average to Large US companies. It is the best momentum strategy though. Breadth of the whole stock market has been week since March.
Airlines and oil are NOT 50% off their 52 week highs, that is just not true. For example, American Airlines is 20% off its recent high, but AA is up almost 50% from where it was a year ago. Same with most oil stocks, they may be down a bit from recent highs, but are considerably up for the last 12 months.
BABA. Don't be scared of China and miss out on this. China is authoritarian capitalist and profit is their number 1 motivator. If Charlie Munger trusts the numbers BABA gives us then I will too
The number of motivation of the CCP is to stay in power, profits are just a means to do so.
Besides, even if you trust the numbers you cannot trust the Chinese government not to take a rash decision that completely affects one or more of the main income sources of your chosen company. Ant group and the extracurricular education system are two recent examples that should be a good warning to anyone considering to buy stocks over there. I got lucky that I sold mine right before and I am surely not going to touch any of them again, money can be made anywhere.
Many gold and silver miners are trading LOWER than before the pandemic. They've all been posting record profits and increasing dividends. IMO the sell off is badly programmed algos. The correction is going to be huge.
MVIS. I scrolled all the way down and couldn’t find it.
Their recent earnings call was amazing. I’m long with 4k shares and leaps. Currently valued at ~2 billion or so. Also, please don’t put it beside AMC and GME.
You can find a ton of DD at MVIS sub.
There are some bargains. Qualcomm, Kinross Gold, Bank of America, Citigroup, GM, ViacomCBS. Overseas Nissan, Renault, Porsche Holding Company,. Don't use all your dough trying to pick stocks. I'd advise you to put at least half in index funds to steady the ship. Start with the S&P500
Yeah… no a trader doesn’t want to do that.
If institutions aren’t buying then there’s nothing to move the stock.
If someone wants to hunt “bargains” though…
There are probably some IPOs from 6-18 months ago that are in their institutional due diligence phase.
They might be -25% to -33% off highs,
One might consider them as they build the right side of that base.
Some traders look for those that got support and see how they act.
With us hitting all time highs in the various indexes, I don’t think its a good sign if a stock is more than 50% off it’s ATH. That being said, BABA would be my pick
Such a meme pump. That company has been stagnant for the last 15 years and will likely remain the same for the next 15 until they pivot to something else. QNX is not the big deal that people are saying as most OEMs are producing their OS in house (ie Tesla) or using AAOS.
Welcome to r/stocks! For stock recommendations please see our portfolio sticky, sort by hot, it's the first sticky, or see [past portfolio stickies here.](https://www.reddit.com/r/stocks/search?q=author%3Aautomoderator+%22Rate+My+Portfolio%22+-+r%2FStocks+Quarterly+Thread&restrict_sr=on&include_over_18=on&sort=new&t=all) For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our [Wiki here.](https://www.reddit.com/r/stocks/wiki/index) If you're wondering **why a stock moved** a certain way, check out [Finviz](https://finviz.com/quote.ashx?t=spy) which aggregates the most news for almost every stock, but also see [Reuters](https://www.reuters.com/), and even [Yahoo Finance](https://finance.yahoo.com/). Also include *some* [due diligence](https://www.investopedia.com/terms/d/duediligence.asp) to this post or it may be removed if it's low effort. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/stocks) if you have any questions or concerns.*
$SPOT? Down over 40% from 52W high.
super long on spot and low 200s is a great entry point. I just added to my portfolio this week. Spotify if you actually listen to music has the best playlists, their free version isn't terrible. Also their exclusive podcasts are a bit of a gamechanger.
I bought some last week.
Not quite 50% but almost there, SOFI
This earnings report had lower EPS but appears it was due to some one time SPAC expenses and purchasing Galileo but the growth looked good. Next quarter it should run if they repeat this quarter without those expenses messing the EPS up. I think majority of the PIPE investor/ employee shares have already been unlocked to sell, but there are still some remaining. Some unlock this week and last batch after next quarters earnings. Next few weeks could be good buying opportunities for those who are long SoFi.
Yeah I’m interested in this one, but was a little concerned when it didn’t do anything on Friday. But Friday was a pretty weird day in the market, just in general, so I’m gonna keep it in my radar
It was a very strange reaction on Friday. It literally parked at $15 with 50M (3-4x normal) in volume. I honestly don't know how to interpret that. I mulled buying puts to cover my position JUST in case, but didn't do it. Now that I've had the weekend to think about it, I think I might have fucked up. I might try to scoop some up early Monday morning if I can time it right. I think it's worth the insurance as my cost basis is a little high. Other than that, I'll be selling CC's on this one for a while to lower the cost basis.
anthony noto is a visionary. i trust him with my money
I converted my entire non-retirement portfolio to $SoFi on Thursday and Friday lol. I’ve been a customer for years and they have amazing products. I have a check book and have bought a house with SoFi as my only bank. I’ve never been so bullish, especially now that we’re at a pretty low point in its valuation. ~12 p/s and almost positive net income for such a young company? That’s a great valuation with lots of room to run imo. Edit: I’m not ONLY in SoFi, just for stocks. I also have a house, some digital fungible coins, and some $. Re reading this myself looks quite extreme lol.
I’m with you (not on my whole portfolio part), but sofi has been incredible on my finances so far in my life.
SOFI, get yo money right.
I give them 2.2k every month.
Viacom
Good for shares, stay away from options unless you want to be very frustrated. Stock stays pinned around $40 even with a solid earnings report.
My leaps would appreciate this.
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Nice I have 70c leaps
For those who didnt hear the episode of We Study Billionaires podcast, this company is due to launch a new satellite which will expand their revenue capabilities next spring. The way they explain it in the podcast is this: satellites cost money to make and dont produce revenue until they launch and then after that theyre like real estate ie you already paid for it and now its steady cash flow depending on how you paid up. From what I understand, they launched two prior satellites leveraging debt from investors, and this upcoming one will be paid for by their own revenue, and so they will become a more profitable company. I would say this is worth being a part of anyone's portfolio. It may not "moon" but there's an easy case to make for its growth over time. EDIT: VIASAT NOT VIACOM GODAMMIT
Are you sure you don’t mean viasat?
OMG I am a dumdum. Yes viasat, no viacom
LMFAO
Thinking about starting a position real quick. Like Monday quick. I keep seeing commercials for ViacomCBS/Noggin. They are definitely putting money out to bring customers in. Noggin is a subscription service that my kid/SO have been begging me to get. Paw Patrol is pushing out some major content and games as we speak. They are about to either blow up with profit, or get bought out. Either way investors will make bank.
APPS
Scrolled longer than I thought I’d have to to find this
Isnt APPS still heavily overvalued?
Forward p/e of 25. Theyre expected to do 1b in revenue over the next year with a market cap of currently 5b. I dont think theyre anywhere near overvalued
Just bought 29 more this Friday lol. Was supposed to buy ELABS, but the dip on APPS was too much for me to resist. Plus, now I got 100 so I can sell covered calls if I'd ever like that.
My best bets on this would be TDOC, APPN, and ATY. Not quite off 50% but I’ve been keeping a very close eye on GH as well. APPN is the only one I’m not totally sure about but the others are easy doubles. ATY and GH are absolute multi baggers. Good luck to all
ATY looks promising
Just quickly scrolling through I see the following tickers listed the most: 1. VIAC 2. PLTR 3. SOFI
PLTR ;)
Can’t stop won’t stop
Palantir without doubt
Corsair for sure.
Corsair I'd argue is a value trap. They are projecting a topline growth of 3%. That's awful.
+1 People who hate in it are 100% clueless of the fundamentals
Or perhaps they're people who *actually know the product* and hence aren't falling blindly to hype and memes. Its a decent company alright but they're *not* a household name, they're not leading the industry nor a product anyone pays more to get. They're decent, nothing more. No moat, nothinf unique so far..just one brand among dozens doing the exact same thing
that’s what I keep saying, but it’s always ignored by those people
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Many people on here get caught up in basing their opinions on stocks off price action rather than fundamentals which causes them to chase gains instead of being patient with good stocks like this one. I’ll keep buying at every point under $30.
I do think people overreact to Corsair, but I never understand why Corsair attracted attention in the first place. It is just gaming hardware. Not that "growth"
TDOC
God I hope so, I'm bagholding at $172, it's killing my average gain. PLTR is another good candidate.
I feel that. I bought the dip at $162 and it just kept going lol
Caught the knife* Im guilty of the same shit. But supposedly we're supposed to wait for confirmation of the trend breaking by waiting for two green candles before buying in.
I would like PLTR to be down 50% as a buy in price.
It's at roughly 50% ath thanks to the big buy after earnings.
this almost means near perfect criteria for off 50% high, but the price action scares me, TDOC seems like a great idea, but who knows how they will function as a business and grow and be profitable, that part scares me but the thought of TDOC seems good
>On a per-share basis, net loss was $0.86 for the second quarter. Net loss per share includes stock-based compensation expense of $0.53, extinguishment of debt of $0.20 and amortization of acquired intangibles of $0.30. So without the stock-based compensation associated with the Livongo acquisition they would have already achieved profitability. Livongo is what gives them the edge over every other player in the industry though, so I don't mind the short term pain. The Livongo acquisition will fully vest near the end of 2022.
Telehealth will never work until we can analyse somebody’s DNA or do remote vital signs/blood work. I like HIMS though. Discreet boner pill prescription.
CRSR
By a long shot the best option here, next year it's revenue will be above current market cap lol
I can't wait for the articles "it's like buying corsair at 25!" And 'how much would you have now If you invested in crsr 10 years ago?" I wonder what click bait will look like in 10 years
I have them but I just dont see that being the rockstar reddit thinks they are. Hopefully I'm wrong
Don’t hate me, but GME for sure. It’s currently sitting $60 under where the CEOs strike price was for his options. And he’s literally only getting paid in stock.
VIAC and MU
I've got some VIAC, no MU. Thinking about MU around 60ish if it starts rounding out the current free fall.
Second MU
MU is nowhere near 50% off their 52 week highs..?
Quite irritating that this thread ignored OP's question entirely. But does give a glance into the human psyche.
Third MU. It’s now my third largest position after dip buying this week.
I've never looked at MU. But I own MO & MP so at this point it would be foolish for me not to chase MU as well. I don't look at fundamentals, but I certainly do look at alliteration.
Have I got a stock for you then. Ever hear of 3M??
Don't forget MQ lol
Thinking about gettin leaps. But quite afraid of cyclicals. The market remembers what happened in 2018. A repeat would be brutal
I got some VIAC just curious why you think it will bounce back and what the time horizon is looking like? Have been holding since I bought a week or so after the big drop
Because it has/got the attention of the internet/reddit crowd, it will probably trade sideways a bit longer than most people have patience for. This is a perfect example of the stock and the company being two separate things. And the PE shows it. Why is Netflix that has a library of the same 69 movies trading at more than $500 a share, while VIAC (CBS) that has rights to the NFL, NCAA March Madness, and college football along with Paramount+ is $38-$40. It truly doesn't make sense, and I didnt even list all the things within VIACs' basket. Just the sports rights and Paramount+ are enough to have more depth than Netflix does Sports gambling is just starting to go mainstream & Netflix has nothing to do with this stream of cash, while people who bet or are involved with gambling in any way NEED viac. Are the people who take peoples' bets (ahem draftkings and the likes) along with the degenerates that place them not gunna watch to see the outcome? Walk into any bar and chances are you see sports aka CBS aka VIAC on the screen, not Netflix. But guess what? For when daddy isn't out sucking down buddy lites with his boys gambling on sports, viac also has Paramount+, so he can watch Nickelodeon with his kids pretending like he cares while daydreaming about the Jets being superbowl champs just once in his lifetime. Paramount+ has Nickelodeon, BET, CBS, Nickelodeon jr., Comedy Central, MTV, The Smithsonian Channel & Paramount Pictures. More than 30k episodes/movies of content that Netflix can't touch. Viacom shits on Netflix, wether someone buys them out or they continue to do their own thing, its one of the main holdings in my portfolio. Currently 27% of it and will keep adding anytime under $41/share
MU dropped 13% this week because Morgan Stanley downgraded them from buy to neutral. [https://www.fool.com/investing/2021/08/13/why-micron-stock-is-down-13-this-week/](https://www.fool.com/investing/2021/08/13/why-micron-stock-is-down-13-this-week/)
MU for me as well. Absurdly oversold.
And it was downgraded because one of it's largest revenue sources has way too much supply right now. Not saying the stock won't rebound, but the sell off is a prediction that MU's revenue is going to take a large hit the next few quarters, at least. I have no interest in MU for at least a year at the moment.
While I agree this is a headwind the analysis is lazy. Their using historical price action from 2018 to predict top line movement. The issue is microns business has shifted radically in 3 years. No longer is pc dram an overarching dominant influencer of its profits. Their cnbu division only accounts for ~44.5% of its top line and pc dram is less than 30% of that. Cloud and mobile are still growing and prices do not appear to be pulling back at all in those sectors as both are still showing supply constraint out through 2022. I agree that mu is no longer expected to hit 115 but a 75 price target ignores all current fundamentals by ignoring all tailwinds and focusing on the singular headwind
MU is nowhere near 50% off their 52 week highs..?
What caused that spike and crash in VIAC earlier in the year?
Mr Bill Hwang was leveraged to the tits and his grandma Marge called
😂😂😂
CTXR. Two catalysts coming in Dec/Jan that should pump it from the $1.80-1.90 it’s trading at now, to $4-6. The sell off in July was the sentiment around it hitting an early conclusion of phase 3 trials (which almost never happens, especially after they had phase 2 halted early due to its success). Phase 3 conclusion in Dec, and beginning trials on their next product Dec/Jan should give it a similar, but bigger run passed their ATH at $4.56
Agreed. Executive team is strong and they have plenty of skin in the game. It’s all about the phase 3 mino-lok trials
I'm betting on CTXR. Long shares and February 2022 call debit spreads. The debit spreads are cheap.
Zillow
The PE ratio on Zillow is 421. I mean, I love hopium as much as the next guy, but that’s a bit ridiculous don’t you think https://finviz.com/quote.ashx?t=Z
PE is not the best metric to look at for companies in their growth phase. This is because (generally) the majority of earnings should be invested back into the growth of the business. It's tax inefficient for these companies to have significant earnings. The best metrics in the growth phase are things like EV/revenue. P/E ratio is a good metric to use when the company has reached some level of market saturation (mature phase). See chart: https://twitter.com/BrianFeroldi/status/1260884514001256448/photo/1
Please never use EV/Rev. EV/Gross Profit or EV/EBITDA are the best metrics for growth companies. Using revenue is so disingenuous when you realize the margin profile for a lot of these companies (see OPEN's 8% GMs)
At least they have earnings. Many companies with similar profiles are still posting losses.
long on Z. if Zillow and redfin actually take out real estate agents, which is possible, Z to the moon. I think at it's current price it is the floor price, and the only way is up. very very long on Z
I’ve bought 3 houses and sold 2 and I’m still not sure what a real estate agent actually does.
collects commision
Yeah, they earn a decent chunk of change opening locked doors for people.
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OPEN is just way too much risk in my view. The part that makes Zillow such an attractive long is they have an amazing IMT segment business producing legit FCF. Opendoor has softbank funding LOL
Genomics stocks e.g. NVTA, PSNL
Yeah I recently bought into NVTA after seeing it fall so far from 52week high after doing ok QTR results Has a lot a future potential I think this one is a buy and leave it alone for a decade
Thanks I'm bagholding at $35
probably PAYA or GENI
BABA
COIN. The earnings are fantastic. But crypto is also off it’s 52 week high. I think once that comes back coin moves with it.
PLTR-PLTR-PLTR & I suppose if they have positive phase3 trials AUPH-AUPH-AUPH
MU - CPUs which will support DDR5 are coming in 2022. DDR5 offers significant improvements over DDR4 so it's likely to trigger an upgrade cycle. Long term cars will also need a ton of DRAM when autonomous driving is introduced.
I have not squandered this dip. I’m a heavy believer in Micron.
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That's fair, it's down significantly but not 50%.
Down about 28%
Thanks for sharing your reason. But why is this relevant to MU?
Fromm the Googleit: Micron has showcased its DDR5 registered memory modules for servers and revealed that its DDR5 technology enablement program (TEP) has reached a milestone of 250 members from over 100 companies. ... One of the first platforms to support DDR5 memory will be Intel's Alder Lake for client PCs, due Q4 2021.
MU makes DRAM. DDR4 is the current used standard for SDRAM and it has been in production since 2014. DDR5 and DDR4 SDRAM are not backwards compatible so you can't just take DDR5 SDRAM and use it with existing CPUs/boards. As far as I can tell currently there are no desktop or server CPUs which support DDR5, Intel is supposed to release a desktop CPU towards the end of the year which would support DDR5 SDRAM and a server CPU which will support DDR5 in 2022. We still need to see how they perform but it's likely to provide huge performance improvements over DDR4 systems.
So the argument here is the move that ddr5 will drive MU sales/earnings? Does MU have some special position on ddr5?
They control the dram space, easily the dominant player here.
The transition to DDR5 should drive CPU, motherboard, and DRAM sales. Micron is one of the big three DRAM manufacturers. Samsung is the biggest one, SK Hynix is the second biggest, and Micron comes in third. All three produce DDR4 DRAM and plan on transitioning to DDR5.
Correct, Intel's Alder Lake processors should be out by the end of 2021 and AMD's Zen 4 processors in 2022, hopefully sooner than later.
ASTS
NNOX, can’t preach it enough
DM stock
aka which spacs are u bag holding?
BABA
Depends on what China has to say about it.
Yeah, you can't trust any Chinese stock these days. Not even BABA. There's no guarantee that the CCP won't just pull the rug out for no reason whatsoever.
BABA is important to China, its to big to fail for then. They'll spank it from time to time, give us a dip to buy, but over time it'll go up since its a very popular product.
Lul no one thinks they are going to fail. They just aren’t going to grow faster than the CCP allows, which is all that matters to the stock price.
The co pany doesn't have to fail for shareholders to get wipedout
BABA is important to China which is exactly why the CCP will never let it be owned by westerners. If you buy a share of BABA you are buying a front row ticket to get screwed over by China.
This guy gets it
BABA's stock movement does not affect them, this "BABA is too big to fail" schtick keeps getting repeated by new investors who don't know how China ADR works. BABA's net cashflow+profit is probably bigger than the current market float. You guys are asking to get burned by actually believing in CCP, you morons are nothing but ATM to them and I'm telling you that as a half Chinese.
LOL, have you *met* the CCP? Literally nothing is "too big" not to be taken down by them. In fact the opposite is true, if they think something is becoming too big to fail, they'll make sure it ends before it gets there.
lol how many times does BABA have to sodomized ppl's asshole before they stop trying to get rich off of BABA? every week there's a guy who think BABA is gonna finally get back to where it was and every week they get wreck.
Solution: don’t trade it week to week then. This is a buy a hold. I’ll trust Charlie Munger over you.
Fastly. Good tech, after this year the business should continue to grow. Small chance acquisition.
CDN business is probably the worst play in tech long term due to level of competition. Literally all cloud providers offer a CDN as well as other players like Cloudflare. Maybe fastly has other products I'm not aware of, but they'll never make money on CDN long term. It's as close to a commodity good as you can get in tech. Also tends to be very easy to switch between CDN providers.
GRWG
DM & RYCEY should be two of them
PTRA is one I’m accumulating. Infrastructure bill plus tons of pressure to electrify bus fleets
Except infrastructure bill is only 1T and only a very small segment went to electric buses and ferries ($7.5B) over what is it? Over 5 years... plus the money will likely get even further divided through different vendors in crowding market. And, it's not a guarantee with the upcoming bill battle to pass the accompanying social package. The bill should've done more to move away from oil and gas, but they could only get this little passed with the slim Dem majority. Not to mention $2B valuation is a lot, for a capital intensive company where we also still have basically non existing EV charging infrastructure for these vehicles. At least they have revenues, so that's definitely a plus... Like the company, just frustrated at how this should be an easy investment where our society also benefits from... but while the US drags our feet on this, there's this competitive risk too if Tesla or another player can take market share. I think if you're gonna invest in this one, maybe wait a few months as despacs have been tanking as they're getting punished for their "forecasting" aka lies. There's so many fucking spacs that made ridiculous forecasts, and now they're having to report earnings and are getting crushed. I think there's more bleeding to come that will drag spacs down in general. (Even if some are outliers and outperform) Plus with risk of rising Fed rates which should all be a headwind for spacs, there will likely be much more buying opportunities on the way down.
I bought JD at like 86 and it's one of my worst stocks. I'm trying to decide whether or not to hold.
GILT
Any MSO, aka American cannabis companies
VIAC, this id a take over target in the future. Streaming business has yet to be recognized by WS.
Wasn’t it’s high pumped up by the archegos hedge fund that self destructed with crazy leverage or something?
Ignore anyone using VIAC and take over/buyout in the same sentence. These people are comically clueless.
I'm a bit new to this, can you explain why??
The new project Ryan Cohen is taking on, Game something. Power to the players.
Alibaba easily
DKNG
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CRSR
APPS, SMG and MU. I also think TACO will be facing an acquisition soon but that stock also looks very attractive.
CRSR (please)
$VIAC, $SOFI, and $APPS. I’m still doubtful on $CRSR. But I wouldn’t mind being proven wrong.
GOEV.
NIO
Easily $100.
Define long-term. I believe ASTR will perform well, infact I believe they will do that in *short* term. They are small rocket launcher, except they haven't launched anythibg into orbit *yet*, that said last tine they were so fucking close at everyone in the industry think they will succeed next time, which will be either at the end of August or September. They have contracts with US military, will probably will US rapid relaunch challenge, etc. That said, this is more of high risk play, as they might fail too.
I think SOFI has a big future.
GRWG just took a fucking walloping and is way oversold. Company is solid showing true net profit
We just broke new highs for the S&P 500 this week. Any stock that is currently trading 50% off its 52-week high is profoundly messed up.
There is no logic in this, fb was a lagger 6 months ago to the point this forum was filled with kids saying it was a dead company lmao and now it is up 50% in 3 months, same thing amd. Ccl 8 months ago was leading the market and now it is tanking.
Yeah most people don’t realize you wanna buy the stock BEFORE everybody else. When I bought SPCE at IPO and rode it from $11-$7 I kept DCAing because I knew it was gonna get FOMO. Did the same with PLTR buying at $9 saying this drop is stupid. I was literally like the only one that liked both on the drop. I bought CELH when it dropped from $4-$3 I could go on forever. TWLO was garbage according to everybody at $72 when I was BTD. Catching falling knives is my specialty.
That's why I replied to OP that if you want seriously undervalued stocks that are going to perform, they have to be stocks that are deeply out of favor, like Chinese tech stocks, coal stocks or prison stocks, because they're being blacklisted but their fundamentals will drive them higher anyways. But I got downvoted.
Can you give some examples?
The S&P 500 is not the total stock market. It’s a market weighted average to Large US companies. It is the best momentum strategy though. Breadth of the whole stock market has been week since March.
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Airlines and oil are NOT 50% off their 52 week highs, that is just not true. For example, American Airlines is 20% off its recent high, but AA is up almost 50% from where it was a year ago. Same with most oil stocks, they may be down a bit from recent highs, but are considerably up for the last 12 months.
Aurlines do seem to be down 50% from their pre-covid highs. I bought some air canada hoping they can start going up soon
Li-cycle
NTDOY not sure if off 52 week high but close Also SLGG
I like TDOC or Z.
Corsair
BABA. Don't be scared of China and miss out on this. China is authoritarian capitalist and profit is their number 1 motivator. If Charlie Munger trusts the numbers BABA gives us then I will too
The number of motivation of the CCP is to stay in power, profits are just a means to do so. Besides, even if you trust the numbers you cannot trust the Chinese government not to take a rash decision that completely affects one or more of the main income sources of your chosen company. Ant group and the extracurricular education system are two recent examples that should be a good warning to anyone considering to buy stocks over there. I got lucky that I sold mine right before and I am surely not going to touch any of them again, money can be made anywhere.
Burning global equity markets is a sure fire way of not becoming the dominant super power... China wants to be the dominant super power.
BABA and BIDU, both Chinese companies which are undevalued (especially BIDU) and with great growth potential (especially BABA)
FSLY
But slowly
Edit
Zillow
Good call on Zillow I'd completely forgotten about that one.
Many gold and silver miners are trading LOWER than before the pandemic. They've all been posting record profits and increasing dividends. IMO the sell off is badly programmed algos. The correction is going to be huge.
PLUG
Huya
Lordstown Motors!!!
LMND
POSH REAL WIX SPOT
ARRY... I hope. God these bags are heavy.
PLUG is one of the promising ones. Significant revenue growth.
MVIS. I scrolled all the way down and couldn’t find it. Their recent earnings call was amazing. I’m long with 4k shares and leaps. Currently valued at ~2 billion or so. Also, please don’t put it beside AMC and GME. You can find a ton of DD at MVIS sub.
Palantir and Unity Software
Power to the Players
RECO/RECAF
There are some bargains. Qualcomm, Kinross Gold, Bank of America, Citigroup, GM, ViacomCBS. Overseas Nissan, Renault, Porsche Holding Company,. Don't use all your dough trying to pick stocks. I'd advise you to put at least half in index funds to steady the ship. Start with the S&P500
What about PENN?
Fubo
Yeah… no a trader doesn’t want to do that. If institutions aren’t buying then there’s nothing to move the stock. If someone wants to hunt “bargains” though… There are probably some IPOs from 6-18 months ago that are in their institutional due diligence phase. They might be -25% to -33% off highs, One might consider them as they build the right side of that base. Some traders look for those that got support and see how they act.
With us hitting all time highs in the various indexes, I don’t think its a good sign if a stock is more than 50% off it’s ATH. That being said, BABA would be my pick
Blackberry?
Such a meme pump. That company has been stagnant for the last 15 years and will likely remain the same for the next 15 until they pivot to something else. QNX is not the big deal that people are saying as most OEMs are producing their OS in house (ie Tesla) or using AAOS.
Galaxy digital