Square Inc

SQ-N

Owns a partial position and sold a third last because it neared his price target of $82.50 and he could sell more at this level again. It's a great payment stock, a disruptor. You could buy this in the low-$60's on a pullback.

More of a trading stock. Beta of 1.7. Sideways and up and down since beginning of the year. Aging global economy will affect the smaller companies first, so he prefers Visa, Mastercard, and American Express.

Growth stock. One of the fastest growing companies in the US. Just reported 50% revenue growth. Payment processing for small and micro businesses, but also write software for inventory management, payroll, which they can sell on a subscription basis. (Analysts’ price target is $81.34)

In the Fintech side. Organic growth remains strong at 53% y/y. They have this great sort of subscription based revenue with the instant deposit, cash card, etc. They have a price target of $97. A little more expensive with a PEG ratio 2.6. (Analysts’ price target is $82.21)

Price target of $82. PEG ratio of 2.6 isn't cheap, but it enjoys tailwinds to support growth. Their organic revenue growth is 53% year over year. They are a leader.

Bull put spread Took a big hit last year, but the company is still growing with lots of potential. Sell a September $75 put option. You'll get $10.25. It's $75 now. If SQ is below that, then you have to buy it. If SQ collapses, worst-case you put it to somebody else's $60; you pay $4.30 and your out of pocket cost is $5.90/share. Options are expensive on SQ now because it's about to release earnings.

Buy Visa or Mastercard instead--their scale is crucial. Or even PayPal which is riskier.

A fintech/e-commerce stock. It's not cheap; has a PEG ratio of 2.6. Price target of $80.

It is hard to not be excited about their new technology in payment systems. His concern is paying 9 times revenue -- hugely expensive, he thinks. Maybe it stands the test of time, but he will pass at this level.

Has a 1.25% in this. Really, really likes it, because it's a disruptor. But it's expensive. It's on his shopping list.

He likes it. It has a wild valuation, though. It has been slapped around rather hard. This is high growth, higher reward, higher risk. Fin tech he likes. One of the biggest risks is the copycat risk. It is a disruptor. It has first-mover advantage. He would not buy it now, but likes Visa and MasterCard.

Interesting company. High beta name. He likes the name here. He would buy it for a trade more than anything because he likes the other type of payment companies better. He would watch it fairly close if bought it for a longer period.

He is a big supporter of this company. There is barely any cash flow, it is all about investment, because they are in the early stages. He likes the model. He would probably not take a full position at this time.

Amazing name. It'll be one of the first tech names he'd return to when he buys again. He sold his shares, but still earned a gain. Square is trying to penetrate underdeveloped countries. It's gaining a market hold and doing very well, but it's in a very bad market now. In the States, Square is everywhere, more so than in Canada.