Stock market dip. Watcha buying?

John Deaux VII

All-Conference
Jun 7, 2024
960
2,413
93
Companies that generally do well in a recession and sell goods that are inelastic to unpredictable price increases.

Consumer Staples
Utilities
 

MSUDAWGFAN

Senior
Apr 17, 2014
1,079
678
113
I'm adding to my position in Applovin. I picked up some more NVDA and some CVNA this morning also .
 

mstateglfr

All-American
Feb 24, 2008
15,989
5,830
113
Diversity is key, pick up pork bellies as well.
Diversity can no longer be considered. Its time to go all in on single stocks now. I currently have 1000 JCP stocks that arent worth the paper they arent printed on.
Gotta try something different- I bet whoever owns Applebees is a safe bet!**
 

HotMop

All-American
May 8, 2006
7,762
6,063
113
Diversity can no longer be considered. Its time to go all in on single stocks now. I currently have 1000 JCP stocks that arent worth the paper they arent printed on.
Gotta try something different- I bet whoever owns Applebees is a safe bet!**
I better check up on my SHLD, I haven't received my catalog in a bit.
 

57stratdawg

Heisman
Dec 1, 2004
148,409
24,186
113
Chips? NVDA down 15% YTD now.

Maybe that softens throughout 2025 like 2022, but still. There is a lot of room for them to grow.
 

mstateglfr

All-American
Feb 24, 2008
15,989
5,830
113
I feel required by law to make a “your mom” joke related to the name of that gas station
K&G got its start in my metro and a buddy had a tshirt that he got as a gift when he was a kid that said 'Kum & Go on Beaver', in reference to a location that used to be on Beaver Ave in town.
Solid ironic shirt before they were popular.


Soon K&G will be but a memory since Maverick bought em and is slowly rebranding K&G stores.
 

Jeffreauxdawg

All-American
Dec 15, 2017
8,820
7,727
113
K&G got its start in my metro and a buddy had a tshirt that he got as a gift when he was a kid that said 'Kum & Go on Beaver', in reference to a location that used to be on Beaver Ave in town.
Solid ironic shirt before they were popular.


Soon K&G will be but a memory since Maverick bought em and is slowly rebranding K&G stores.
Maverik is a mormon company so they have to change it... If it were the Soak & Stay car wash, they'd let it ride.
 

Walkthedawg

All-Conference
Oct 3, 2022
979
1,755
93
Which ones? I’m all over ET
BORR drilling (BORR) is less than 3 dollars right now. They have peaked in the 9s and have paid out 10 cents a share in dividends last year. I think it’s 2c this time but they are buying back their own shares. One of the newest fleets in shallow water drilling.

Transocean is cheap now as well. Dipped below 3 this week (or last) as well.
 
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ckDOG

All-American
Dec 11, 2007
10,013
5,852
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BORR drilling (BORR) is less than 3 dollars right now. They have peaked in the 9s and have paid out 10 cents a share in dividends last year. I think it’s 2c this time but they are buying back their own shares. One of the newest fleets in shallow water drilling.

Transocean is cheap now as well. Dipped below 3 this week (or last) as well.
What happened to Transocean - aside from the BP disaster? Their market cap is just over $2B. I would have thought the fair value of the drill ship fleet is worth more than that...
 

BoDawg.sixpack

All-Conference
Feb 5, 2010
5,392
2,859
113
What happened to Transocean - aside from the BP disaster? Their market cap is just over $2B. I would have thought the fair value of the drill ship fleet is worth more than that...
The cost of maintaining the fleet plus the underperformance of crude vs the indexes. At today's price it's a buy.