Goldman Sachs strategists have retired their two-year-old bullish call on a basket of companies with strong cash flow and relatively low debt that include Facebook (ticker: FB), Nvidia (NVDA), Costco Wholesale (COST), and Chipotle Mexican Grill (CMG).
Sell FB and NVDA because GS said so. My guess is they could have clients that want to buy these stocks cheap or they have short position to unwind.
⢠Citi cites Alphabetâs continuing âstrong top-line growthâ particularly in mobile search and YouTube and says the valuation âmore than offset continued margin pressures.â
⢠On Amazonâs move, Citi cites the new e-commerce regulations, the controversy over the (now cancelled) NYC headquarters, and Jeff Bezosâ affair scandal.
⢠Netflix (NFLX +1.3%) and (FB +0.2%) follow Alphabet onto the top pick list, and all three receive Buy ratings.
Yes thatâs what this guy thinks. Stock is so cheap it compensates for margin pressures.
Google has been a laggar among the FAANG pack. Maybe it deserves another look now that Bozos has turned into a teenager again texting dick pics around.
WS always has good reasons why they value a certain ticker that way. We need to figure out what are those reasons before throwing in our hard-earned cash.
This is called âValuationâ, which equal to real estate appraisal+rental business plan(cash flow+appreciation) for 10+ years.
There are two professors famous for this valuation now, Stephen Penman & Aswath Damadharan. Aswath also provides youtube classes (actual MBA class video) freely.
He even shorted AMZN+AAPL when its market value was higher than valuation, which I posted in this blog.
Unfortunately, many people bounced on me (With their ignorance of that topic) and I left the topic there itself.
To get such valuation, many institutions hire professional analysts (paying like IT engineers) and buy/sell those stocks.
It is not easy cake, but a hard and intelligent work.
F10 +16.4% Up 1.0% from last week
AAPL +5.54% No change from last week
TCEHY +3.50% Down 3.28% from last week
GOOG +21.7% Up 4% from last week
AMZN +70.0% Up 2.5% from last week
NFLX +114.5% Up 6.5% from last week
DimSum -3.5% Down 1.6% from last week
MAC/PC stalwarts are number 1 and 2 largest market cap.
MSFT $830B
AAPL $804B
AMZN $790B
GOOG $777B
All it needs two or three more days to reach peak S&P 2800. Today, I came out of market expecting a slide next week. This is speculative move and it can completely go wrong. This is fine for my investments and it is my own individual decision.
Incidentally, I am also seeing this post.
The CAPE aims to correct for those distortions. It smooths the denominator by using not current profits, but a ten-year average, of S&P 500 earnings-per-share, adjusted for inflation. Today, the CAPE for the 500 reads 29.7. Itâs only been that high in two previous periods: Before the crash of 1929, and during the tech bubble from 1998 to 2001, suggesting that when stocks are this expensive, a downturn may be at hand.
Right word is re-balancing. Sell FANG! If you insist in keeping one, keep NFLX. Can keep AAPL since it is paying good dividends (part of FAANG). Plough proceeds to Semis and Cloud, no brainer decision. Look like is time for me to close DimSum portfolio for POS stocks.
As I mentioned a few times, Apple has a problem because their core guys are in hardware which has way lower pay than SWEs. So the issue is how to pay SWEs competitively without making it feel inequitable to the hardware guys and the support (Finance, Ops, IS&T, HR) guys. The previous VP (People) failed miserably in the talent war. Deirdre, the current SVP (Retail and People) is doing very well, she had scored a few big win. From public news, she might be appointing SWEs of similar skills (create an equivalence where they donât exist) at higher grade e.g. instead of VP, make him SVP, instead of manager, appoint him/her as senior manager. That way, can give higher pay and sound good (as compared with Google, FB, AMZN, LinkedIn, Airbnb, NFLX - notorious guys that pay SWEs indecently).
F10 +17.6% Up 1.2% from last week
AAPL +7.12% Up 1.48% from last week
GOOG +21.5% Down 0.2% from last week
AMZN +72.5% Up 2.5% from last week
NFLX +117.2% Up 2.7% from last week
DimSum -2.14% Up 1.36% from last week
MAC/PC stalwarts are number 1 and 2 largest market cap.
MSFT $851B
AAPL $816B
AMZN $801B
GOOG $774B