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Good that we let RanRedd into the game. If anything he is at a disadvantage due to market run-up since Jan 1st, and it isn't like we are playing for real money.
Newport Tom, there are two slight error in my picks...I picked CXW and TPL but am down for owning DIS and CGC. All of my other picks are correct. THX!!
Newport Tom, there are two slight error in my picks...I picked CXW and TPL but am down for owning DIS and CGC. All of my other picks are correct. THX!!
I took stockwiz's picks seriously and put a chunk into BYND. Wow! I maybe sold too soon, but I made up all my losses last year and then some in just a week with that one stockwiz indeed.
I'd like to redo my picks as I ran out of time before the post editor locked me out.
EXPI - $50K
BYND - $30K
MTCH - $20K
I had a hard time coming up with pick number 3, but with the plant based craze going on, I think at current price levels BYND might be a good one. TSN would be the safer choice for the contest but who wants to be safe when nothing is at stake? The last time I saw BYND it was stupid high so I forgot about it. Back on my radar screen now. With that said it's market cap is 6X higher than EXPI's on a fraction of the revenues. It still interests me how low EXPI's market cap is is compared to other companies with comparable revenues and sales growth. I can't find a single growth company that comes close. How can I no say no to this? https://markets.businessinsider.com/...nts-1028747579 https://markets.businessinsider.com/...tes-1028772355
If someone wanted to potentially beat everyone next year, put 60k BYND, 20k TSN (or some combination) as two of your picks. You stand a better than average chance. Plant based is going big and with the stock market, the prospect for future growth is all that matters when driving hype. It does look like BYND's revenues will easily double the next 4 quarters. If ROKU can sport a $16B market cap with it's sales and sales growth, than BYND has quite a ways upward to go with their sales growth and the fact that all fast food chains seem to be planning plant based burgers.
MTCH owns POF, tinder, match.com, and okcupid... great revenues and I expect them to be able to monetize their userbase going forward, leading to greater profits. I bought this one back down around $35.
Thought I'd bump this based on Beyonds (and StockWiz's) early success.
Last edited by Newporttom; 01-21-2020 at 09:54 PM..
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stockwiz indeed.
