Sniffing Out A Housing Top
Two of the big public homebuilders – Lennar (LEN) and KB Homes (KBH) – reported FY1Q22 earnings in the last week. (Their fiscal year quarters ended on February 28, 2022). A look at their results – and the charts –…
Take A Flyer On FDX
Federal Express (FDX) is a legendary company but its stock is currently hated. I’m not going to pretend to know the reasons why. What I do know is that it’s a great company, trading at a trough multiple in an…
GME’s Intrinsic Value Is $0
Gamestop (GME) reported 4Q21 earnings Thursday after the close. The holiday quarter is their strongest but it was not a good one. Revenue was up only 6% year over year and they lost $1.86/share. For the full year, GME lost…
DOCU Disaster: Catch This Falling Knife
There are a lot of poorly performing stocks since the November 22 top in the NASDAQ but few can compete with Docusign (DOCU). DOCU lost almost half its value after its previous earnings report in December and is poised to…
CPB Is The Perfect Stock For This Market
Campbell Soup (CPB) is the perfect stock for this market. The first thing I want to make clear is that CPB is more than just soup. CPB owns some sexier food brands like Goldfish, Pepperidge Farms and Kettle Brands in…
CRWD And The Bifurcated Market Thesis IV
The market is bifurcated into the mega cap tech stocks that have held up well so far – and thus propped up the indexes – and the smaller but still important stocks that have already suffered brutal bear markets. My…
BMBL Provides More Evidence For My Bifurcated Market Thesis
The market is bifurcated into the mega cap tech stocks that have held up well so far – and thus propped up the indexes – and the smaller but still important stocks that have already suffered brutal bear markets. My…
BMBL For Love And For Money
Dating app Bumble (BMBL) has lost ~65% of its value over the last four months. Indeed, it fell ~21% last Thursday and Friday alone over concerns about its subsidiary Badoo’s exposure to Russia/Ukraine – even though JP Morgan estimates Russia/Ukraine…
Play Rising Crime At A Discount With SWBI
Although the firearms market remains elevated and healthy with new entrants, it has cooled significantly from the height of the pandemic surge and seems to now be following pre-pandemic historical demand patterns – Mark Smith, Smith & Wesson (SWBI) CEO…
KR Breaks Out To ATHs – And It’s Going Higher
The nation’s leading grocer, Kroger (KR), reported excellent 4Q21 earnings Thursday morning. Comps excluding fuel were +4% and gross margin was solid at 22.2% resulting in a 12% increase in EPS to 91 cents. KR expects the strength to continue…