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…
Next week a number of Top Gun holdings report earnings: Kroger (KR), Target (TGT), Costco (COST) and AutoZone (AZO). Kroger (KR), Position Size: 6.27%, Market Cap: $32 Billion KR – the leading grocery chain in the country – is one…
While not quite as well known as The Big 5, semiconductor manufacturer Nvidia (NVDA) – with a $500 billion market cap – is one of the most popular and important stocks in the market – and it reports 4Q22 earnings…
4Q22 results just out from Home Depot (HD) are finally reflecting the slowdown in the housing market. Comps decreased 0.3% compared to a year ago and HD guided to flat comp growth in 2023. Customer transactions in the quarter were…
One of my favorite current commercials is one by Progressive Insurance in which a new homeowner cleans his garbage cans. When asked why he says: “You can never be too safe”. To which the interlocutor replies: “With trash?” But maybe…
While I was waxing lyrical about the app economy yesterday afternoon, I did include the caveat that these companies won’t come to the forefront until the current macro clouds blow over. In addition, the app economy depends on a sound…
While the market sorts out what appears to be a slightly hotter than expected January CPI Report, Coke (KO) reported an excellent 4Q22 earlier this morning. Organic revenue was +15% and they guided 2023 organic revenue to +7-8% and comparable…
While it’s always nice to hit home runs, I prefer to hit singles in the current environment. Pepsi (PEP) and Kellogg (K) are not sexy stocks but boring is beautiful as far as I’m concerned. Both reported excellent quarters this…
UBER reported an excellent 4Q22 before the market opened on Wednesday and shares rose 5.32% on the day as you can see in the chart above. However, note that shares of LYFT fell 6.58% on the day. What does it…
UBER reported another strong quarter this morning and I now believe the stock will be a long term winner – but it’s overbought in the short term. 4Q22 Gross Bookings increased 19% compared to a year ago to $30.75 billion….