Load Up On SNAP

Load Up On SNAP

Snapchat (SNAP) just reported 3Q22 earnings and the stock is cratering. It is currently -25% in the after hours. And I’m shocked because I actually thought it was a good report! What seems to be unnerving investors is SNAP’s guidance…

Speculating On SNAP

Speculating On SNAP

Former social media app darling Snapchat (SNAP) has been left for dead – and rightfully so. Revenue growth fell off a cliff in its disastrous 2Q22 to just +13% and Adjusted EBITDA was essentially breakeven at $7 million. SNAP wouldn’t…

NFLX: Sell The Rip

NFLX: Sell The Rip

Netflix (NFLX) just reported a solid 3Q22 and its shares are currently +15% in the after hours. After two consecutive quarters of declining paid memberships NFLX added 2.41 million in 3Q22 and guided 4Q22 paid additions to 4.50 million. At…

WBA Is Deep Value

WBA Is Deep Value

When I see a chart like the one above of leading drugstore Walgreens (WBA) I want to find out why it’s essentially straight down. For example many tech stocks have charts that look like WBA’s this year due to rising…