The Gamestop (GME) episode will forever have its place in stock market lore – but that moment is over. GME reported 4Q22 earnings Tuesday afternoon and – unsurprisingly – no turnaround is in sight and the business remains in terminal…
I have no doubt that First Republic (FRC) is a superior bank. At the same time, any bank under a fractional reserve model is subject to a loss of confidence by its depositors resulting in a bank run. And an…
After Silicon Valley Bank (SIVB) failed Friday, its Northern California neighbor First Republic (FRC) was in the crosshairs Monday – dropping 62%. However: FRC is NOT SIVB. SIVB was a an aggressive bank focused on the tech startup community. FRC…
CPB is the perfect stock for this market and now represents a nice entry – “CPB Is The Perfect Stock For This Market”, Top Gun Financial, March 10, 2022 Top Gun has been long Campbell Soup (CPB) for a year…
In recent weeks I noticed some technicians becoming bearish on one of my favorite stocks: the country’s leading grocer, Kroger (KR). In addition to Greg Krupins, one of the most well known technicians – Carter Worth – weighed in bearishly…
Salesforce (CRM) reported 4Q22 earnings after the close and the stock is currently +16% in the after hours. That works out to an increase of more than $25 billion in the company’s market cap. Why? Everybody has been focusing on…
To maintain a strong balance sheet, RIVN will need to raise capital next year, if not earlier – Stephen Wilmot, “Rivian’s $6.4 Billion Cash Burn Might Be A Tech Record” [SUBSCRIPTION REQUIRED], WSJ, March 1 7 months ago I wrote…
Target (TGT) just reported 4Q22 earnings and they support my thesis that the company is slowly but surely righting the ship. 4Q22 comps were 0.7% and operating margin 3.7% – compared to last quarter’s guidance of down low single digits…
Zoom (ZM) just reported 4Q22 earnings – including full year 2023 guidance – and I think there is value in shares here. ZM is guiding 2023 revenue to $4.435-$4.455 billion and Non-GAAP EPS to $4.11-$4.18. They also have $5.4 billion…
In many ways Zoom (ZM) – which reports 4Q22 earnings Monday afternoon – is the ultimate bubble stock. In October 2020 – as the pandemic raged and we were all Zooming each other from lockdown – ZM shares reached almost…