OT: Stock and Investment Thread
- Thread starter RU05
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I discovered the downside of these ETFs. I had a couple bucks in BOTZ, a robotics/AI ETF in my Roth. When my brokerage went to zero commissions, I sold it and just bought the top 10 holdings, which made up roughly 85% of holdings. Now, three years later, the ETF doubled, but the 2 biggest positions in my Roth are NVDA & ISRG, making up roughly 60% of the account, from about 4%. The ETF underperformed me, because they take quarterly profits to track an index while I'm looking for total return.
Not to say this isn't possible, and I know AMZN is always held up as the example of positively growing into it's valuation, but:
In early 2018 AMZN's stock price was around $1250, and it's P/E was above 200x. 3 years later it's stock price is $3400 and it's P/E is 60ishx.
TSLA continues to grow at an impressive rate, and yes it will need to continue to do so, but it is all about the growth of the company.
For those still looking to get into some value stocks, consider hospital stocks. THC did well today. I like UHS. Tremendously undervalued (IMHO). They are big into mental health which sadly has been booming recently.
PYPL down about 30ish% off it's highs.
Latest downward move on talk of buying Pinterest.
Think this is where I will move that VIAC money. P/E around 57x, but expected growth looks good, and it has beat on all but 1 of the last 15 qtrs.
That P/E is a little high relative to it's history though. Was about 42x pre covid dip. Might start a half position and then see if I can get a little better price on the rest.
Hit a low of $240 in May, low of $225 in March, I don' think it gets below that $225 level.
Latest downward move on talk of buying Pinterest.
Think this is where I will move that VIAC money. P/E around 57x, but expected growth looks good, and it has beat on all but 1 of the last 15 qtrs.
That P/E is a little high relative to it's history though. Was about 42x pre covid dip. Might start a half position and then see if I can get a little better price on the rest.
Hit a low of $240 in May, low of $225 in March, I don' think it gets below that $225 level.
I think it’s 2 things.
1.Inability to distinguish great company and great stock.
2.FOMO resulting in self-fulfilling prophecies.
DWAC at $29. 188%.
I was looking at the chart when it was settled around $18 at 11:30 this morning. Volumes had cooled off with sale orders looking pretty dominant. Wasn't sure if that meant the sellers had all sold out or the overall interest had waned?
I was looking at the chart when it was settled around $18 at 11:30 this morning. Volumes had cooled off with sale orders looking pretty dominant. Wasn't sure if that meant the sellers had all sold out or the overall interest had waned?
I just bought a little PYPL. I usually do more research but I’m light on FinTech and went with my gut.
A tricertops skeleton just sold for $7mil.
Inflation is transitory my ***, I remember when you could buy one for a million.
Inflation is transitory my ***, I remember when you could buy one for a million.
While I don't know about the investment aspect, I wouldn't send a Penn State fan to treatment at a UHS facility.
By the way, I had to laugh when some Tesla fanboy posted a link from Teslanomics yesterday. This is the guy that quit his job a few years ago and started Teslanomics:
This is how Tesla lures in Millennials. This particular “influencer” generally charges up to 30% commission or hundreds of thousands of dollars to promote products. Unfortunately people have no clue that just about every video, tweet, etc. made by unsuspecting influencers endorsing products is getting paid on the backend.
Anyone get in on the Trump SPAC? YUGE first day:
Speaking of cults. A SPAC up 350% that's one overweight 75 year old's heart attack away from going to zero. And even if he lives to 100 I'm not sure the ratings would ever do better than MSNBC's. If not a cult a gunslinger's stock.
My buddy bought at $17 and sold half at $27 and the rest at $41.
I was this close to buying at $18.
I'm still confused on these spac mergers, but it's current market cap is about $1billion. Yes it's basically a startup, but it absolutely has a built in user base that will quickly sign up. I think the issue could be getting advertisers to pay to run ads there. And as you say, it being so dependant on one guy.
But people are going to sign up in large #'s very quickly. I'm pretty confident in that.
And this is why Tesla is successful???? The latest in your conspiracy driven hypotheses.
You also said only "Silicon Valley elitists" buy Teslas. Make up your mind.
Could it be that Tesla makes a great product and their owners are enthusiastic? Nahhhh.
What does this have to do with 28.8% automotive gross margin?
Do we really know if the entire TSLA empire is not actually CGI?
No, I was mainly stoking the no advertising flame. And I have no beef with Tesla (the company as opposed to the stock). It’s smart advertising for sure but as a guy with younger kids that don’t understand how influencers and the internet work it’s kind of scary. But obviously that extends far beyond Tesla. Point is - it’s relatively easy to build a cult following simply by paying the right influencers through a “referral program” coupled with a charismatic CEO. Again, it’s not an indictment against Tesla. Shaq recently said he was offered $1M to pump some shitcoin. Unfortunately most people don’t realize this happens ALL the time. From shitcoins to hair products to cars to fishing lures.
I’m new to this thread. I’m sorry if it’s already been asked. FDX’s ytd drops to -10% as of today. Anyone interested in picking up a few shares?
I bought some at around $280, so 10% off it's highs, thinking I was buying the dip. Was looking pretty cheap then. Sold at like $230. Earnings outlook look solid, P/E still cheap, but it's a stock that typically trades cheaply and there are lots of concerns about rising input costs.
As an old colleague used to say "all good shorts hurt in the beginning." Shorting is way too easy now. You do not need a plus tick so you can hammer the stock down as much as you want. Used to be an art.
There is so much misinformation out there it’s hard to distinguish fact from fiction. I continue to hear crypto bulls come on CNBC talking about how gold is doomed and nobody should buy it because it’s going to be worthless once BTC goes mainstream. Yet, look at how much gold the World super-powers hold:
Given all the consolidation, hospitals have a monopoly or close to it in most areas. Most hospitals only pretend to care about quality of care but it all comes down to money. I wouldn’t pretend to say that this is a good hospital or even ethical but given the current environment and dropping COVID cases, it is set up to succeed.
Thanks. I guess I would rather load some PYPL at this level then.