HD Under Pressure

HD Under Pressure

In “HD Earnings Preview” Monday morning I explained why I was tactically short. And it turns out that HD’s results were significantly worse than expected. Comps declined 4.5% and Net Income 8.5% compared to a year ago. Because “demand softened…

HD Earnings Preview

HD Earnings Preview

Leading home improvement retailer Home Depot (HD) reports earnings before the open Tuesday. The stock has been mostly sideways for more than a year and I am tactically short. That is, I’m a long term believer in the company but…

WMT Earnings Preview

WMT Earnings Preview

I have owned Walmart (WMT) for a couple years now. Everything was going smoothly until a year ago when it reported a bad quarter and the stock got smashed. (You can clearly see the selloff in the chart above). What…

PYPL: Tremendous Value

PYPL: Tremendous Value

I can’t think of a more hated large cap stock than PayPal (PYPL) – which reports 1Q23 earnings after the close Monday. While PYPL was extremely overvalued in 2021, I believe it is extremely undervalued today. In its 4Q22 earnings…