Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Reddit has become a good resource for me. I'm always looking for new stock forums where I can get insights from other people. Everything I learned about this merger came from reddit posts and subsequent googling to find the details about the merger.
My favorite long term buy in my watchlist is still the one that I picked for the stock picking contest.. EXPI. It will either be an unsustainable business model that will go bankrupt or the next big way to do real estate and the stock will be a 10-20 bagger. I'm betting on the later. Think about amazon.. they don't have local offices or brick and mortar locations, everything they sell is done online and comes from large warehouses. Think about real estate without having to maintain and pay for local offices and realtors that can do all their work online and advertise locally in papers or through word of mouth.. I equate this a possibly the ebay of real estate but some some differences obviously. Same reason I own Zillow except as of now Zillow just lists other realtor's listings.. their news that they want to move into home selling made me more bullish. Zillow could be the amazon of real estate.
Zillow has a pretty low market cap with a lot of potential and EXPI is just a baby with a market cap of under $1B, they also applied to list on the nasdaq exchange as they now meet exchange requirements.
Micron powers ahead on Tepper purchases, analyst reports
Micron bounced further yesterday on the news that acclaimed hedge fund manager David Tepper's Appaloosa Management purchased about an additional 8 million shares of the stock in the first quarter of 2018. However, the Micron purchases have been overshadowed by Tepper's pending purchase of the Carolina Panthers. Tepper's Micron purchases were noted several times on CNBC yesterday, at least once by Pete Najarian. As of 3/31, Appaloosa owned 3 percent of Micron's outstanding shares.
On 5/14, Evercore ISI's analyst reiterated an outperform and $80 price target, according to Barron's. The ISI analyst reportedly focused on the upcoming 5/21 Micron analyst meeting, saying that Micron will emphasize that memory chips no longer are a commodity and the possibility of Micron buying back half of its outstanding shares, apparently given Micron's current share price and anticipated free cash flow.
Is this due to worries over a Chinese trade war. Over 50 percent of Micron revenues come from China, but the chips shipped there largely are manufactured in Taiwan and Singapore. Does China want to punish imports from those nations? More likely, today's carnage results from Goldman Sachs lowering AMAT, a leading chip equipment manufacturer, to neutral. AMAT made what were perceived as negative comments about the growth of semiconductor revenue in the current quarter:
<<Applied Materials said it expects semiconductor sales revenue to grow 7 percent in the current quarter, well short of the 13.8 percent boost expected by the Street, according to FactSet.>>
Of course, as it relates to Micron, is a stock selling for 5 times earnings in an industry growing 7-14 percent a quarter, to be shucked aside? Consider also that reduced equipment demand means lower production capacity in the industry in the future.
Recent Micron articles:
<< As an example, Dell (DVMT) one of the world’s largest server providers has advised it’s customers to expect price increases and delays of delivery times because of a global shortage of server memory modules. The global shortage is expected to delay delivery times by more than a month as well as increase the price of memory modules, which further confirms the strength of server DRAM. Jeff Clarke, Dell’s head of production and operations stated that the DRAM’s price increase is the longest protracted that they have seen in the last 25 years. He also explained the amount of DRAM going into servers is increasing, and that now-a-days the amount going in is larger than last quarter which was also already more than the previous year, and so on.>>
As mentioned in the above article, 3D XPoint technology is a future source of revenue and profit growth.
<<But, storage-class memory or SCM provides persistent media that can be accessed at the byte level. In the market today, the main SCM product is 3D XPoint, sold by Intel under the brand name Optane. The technology was originally developed in conjunction with Micron, although Micron is yet to release any products.
Initial claims for Optane were ambitious, but the reality has been much more muted. Having said that, Optane does offer much greater performance and lower latency compared to NVMe NAND flash devices. Real world figures are around 10x better IOPS than flash with around 10µs of latency (compared to 20-25µs with flash). >>
Clean Energy Fuels (CLNE) (see post 15), which supplies natural gas fuels largely to the transportation industry, may benefit from spikes in diesel fuel prices.
The Barrons Commodities Corner today speculates about the possibility of $5/gallon diesel fuel in 2019! The article said that at $3.14/gallon, diesel fuel prices today are the highest since 2014. The article says diesel reached a record high of $4.85 in 2008. Higher oil prices and a change in maritime fuel mandates will be key catalysts for higher diesel prices, according to Barron's.
<<However, he says, a “crisis in its infancy” is emerging for diesel.
“The real crisis may loom in January 2020, when the International Maritime Organization mandates that all oceangoing vessels use a lower-sulfur fuel,” Kloza says. “The only way suppliers can produce this fuel is by blending on-road diesel [available for licensed vehicles like cars and trucks] with some other, higher-sulfur material.” That change could boost world demand for diesel “by several million barrels,” he says.>>
A slew of SEC filings today shows significant insider buying activity in CLNE, including Total's recent investment, and 22,000 shares purchased for $2.29 yesterday by CLNE's CEO.
Twitter....will double from current levels within 2 years or will be bought out at a price much higher than it is today in my opinion.
I recently advised a close friend to take her almost triple profits in Facebook that I got her in 4 years ago and to put it into Twitter which she did.....not a doubt in my mind that Twitter will shock many...
Here is today's closing price on Twitter so can always refer back to this post
TWTR closing price on Wednesday March 9, 2018........$32.46....+ $0.61 ( + 1.92% )
Twitter will replace Monsanto in the S&P 500 before the start of trading on June 7
If you were to speculate on a single stock with $50k which one would you have the most confidence to buy in this market?
AAPL turned out to be a screaming buy before their earnings, could've easily made thousands in hindsight.
Perhaps this earnings season is done and buy the next dip and hope for the same next quarter?
I'm admittedly a newer investor, but it seems to me if you're going to invest that much $ (and you are a normal person and not a trust fund baby or a brain surgeon), that you want to invest in something that has some solid performance background.
Like Facebook, Amazon or at least Netflix.
That I would do with 50K (and am currently considering it).
Otherwise, it's probably better off to put that 50K on roulette or baccarat or a good sports bet. I would say the odds are better to get your return.
The top speculative stock in my profile was Roku, and I thought it would never stop dropping. I was thisclose to selling it at $35.
not investing $50k, it was hypothetical, I have $1000 in my Robinhood account that I want to invest in for fun.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Micron powers ahead on Tepper purchases, analyst reports
