NVDA Earnings And The Popping Of The Mag 7 Bubble
S&P 5000. I can’t say I expected that 15 years ago when the market was crashing and the S&P fell below 700. It’s been an incredible run since then – led by the Big 5, now the Magnificent 7 (Tesla…
S&P 5000. I can’t say I expected that 15 years ago when the market was crashing and the S&P fell below 700. It’s been an incredible run since then – led by the Big 5, now the Magnificent 7 (Tesla…
I’m a long term DoorDash (DASH) bull but the stock is quite overextended heading into earnings Thursday afternoon. How to play it? All of DASH’s key metrics – Gross Order Volume (GOV), Revenue, Adjusted EBITDA – have been trending up…
UBER held an investor update Wednesday in which they unveiled new three year targets for Gross Bookings, Adjusted EBITDA and Free Cash Flow (on page 18). For Gross Bookings, they forecasted mid to high teens CAGR growth over the next…
Lyft (LYFT) reported earnings after the close Tuesday and a typo in its report briefly sent shares soaring more than 60% before coming back to earth. It’s literally the funniest thing I’ve seen in my almost 20 year career in…
A year ago I put 2% of the portfolios into the garbage stocks: Waste Management (WM), Republic Services (RSG) and Waste Connections (WCN) – and the basket is +25% since then. What I like about these businesses is that they…
One of the pitfalls that investors – including myself – are prone to is dumpster diving. Take PayPal (PYPL) for example. Less than 3 years ago the stock traded for $300 so it’s hard not to think it’s a bargain…
I can’t decide which stock is worse: Snapchat (SNAP) or Lyft (LYFT). SNAP is making a strong case this morning after reporting 4Q23 earnings Tuesday afternoon. The stock is currently -30% in the premarket and on pace for its 7th…
Growth stock investing is not my forte. I’m a macro guy first and a value guy second. But Uber (UBER) is a growth stock that is just too good to pass up. UBER is divided into two segments: Mobility and…
The most important thing to understand about this market is how thin participation in the rally is. I have heard technicians make various arguments that it’s not all tech using one statistic or chart or another but none of them…
Despite my reputation as a permabear, I was buying Facebook (META) at the end of 2022 (just like I was buying Tesla). But the rally has become overextended and it’s hard to see how 2024 won’t disappoint investors. Let’s dig…