COIN Is In Trouble
The Wall Street Journal ran a feature story over the weekend on Coinbase’s (COIN) overreach during the crypto boom – and how that has left it scrambling to right size the business as crypto melts down (“Coinbase’s Rapid Rise Left…
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UPST May Not Survive
While I have written a fair amount about the “Leaders of the Future” – stocks who have been beaten down but that I believe will come back and thrive down the road – not all stocks that are down big…
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DASH: RIP Jim Chanos
I was sitting at my desk eating my lunch of Black Pepper Fettucine from Spasso via DoorDash (DASH), reviewing DASH’s excellent 2Q22 results and waiting for Jim Chanos to tweet something wrong with them. (He’s in the process of a…
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Love And Money In The Time Of COVID
Growth stocks, crypto and hookups. YOLO. If only I was Dan Bilzerian. Online dating leader Match (MTCH) and online brokerage Robinhood (HOOD) reported 2Q22 earnings Tuesday after the close. MTCH is the owner of Tinder – the preferred hookup app…
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PYPL Is Not Going To $0
After going straight down for the last year PayPal (PYPL) is showing signs of life. 2Q22 Total Payment Volume (TPV) rebounded to $340 billion. Revenue of $6.8 billion also speaks to stabilization. As a result, PYPL was able to slightly…
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Everybody Knows It’s A Bear Market Rally
We don’t think the market has bottomed. We clearly have not priced in a recession – David Spika, CIO GuideStone Capital Management (quoted in “Investors Fear Quick End To Rally” [SUBSCRIPTION REQUIRED], Karen Langley, WSJ B1 Everybody knows it’s a…
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Is UBER Turning The Corner?
I have never owned Uber (UBER) and thought I never would but after reviewing their 2Q22 earnings I asked myself for the first time: “Should I buy it?” The earnings were that good. Food Delivery continued to be solid with…
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MOS Is A Juggernaut
Fertilizer producer Mosaic (MOS) reported 2Q22 earnings after the close Monday. While earnings missed estimates and the stock is -3% as a result, I couldn’t care less because they were phenomenal. Revenue increased 92% compared to a year ago and…
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META Is A Buy For Long Term Investors
There’s very little to like about the former Facebook – Meta Platforms (META) – right now. The stock isn’t working and the business is struggling. But great companies figure things out. META has almost 2 billion Daily Active Users (DAUs)…
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GOOG/GOOGL MSFT: Mediocre
Google (GOOG/GOOGL) and Microsoft (MSFT) were the first of The Big 5 to report 2Q22 earnings Tuesday afternoon – and their reports can best be characterized as mediocre. Let’s start with GOOG/GOOGL. Core Advertising Revenues grew only 12% – compared…
