Harris Douglas Asset Management
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3-5-year outlook He's long owned this. Cloud computing and Amazon are the two big players; there's good growth in cloud which will help companies, factories and buildings be more productive. Cloud is essential to businesses and innovation.
Investors are quite happy with the recent news to merge this with POW-T which will drive the stock higher. He hopes they exit more businesses that aren't core, like in industrial.
Investors are quite happy with the recent news to merge this with POW-T which will drive the stock higher. He hopes they exit more businesses that aren't core, like in industrial.
One issue they have is misallocating capital in stocks like Uber and WeWork, but not really thinking through their investing decisions and relying on gut feeling. Softbank also has trouble raising money, and there's basically just one person running the show here. Also, there are questions about their corporate governance. This isn't a good way to run a business and they will suffer. Look elsewhere.
One issue they have is misallocating capital in stocks like Uber and WeWork, but not really thinking through their investing decisions and relying on gut feeling. Softbank also has trouble raising money, and there's basically just one person running the show here. Also, there are questions about their corporate governance. This isn't a good way to run a business and they will suffer. Look elsewhere.
MCD vs. QSR long-term He would've chosen MCD up until a few days ago when the CEO was fired. That CEO boosted margins and invested well in tech. They had 17 quarters of rising sales. Can the new guy keep this up? MCD is probably in better shape now because of him and good to own for the next little while; there's momentum here. QSR, in contrast, is made up of several chains. However, QSR has done well in pushing non-meat products, whereas MCD is not there yet. QSR could push ahead of MCD, given this. He'd still choose McDonald's.
MCD vs. QSR long-term He would've chosen MCD up until a few days ago when the CEO was fired. That CEO boosted margins and invested well in tech. They had 17 quarters of rising sales. Can the new guy keep this up? MCD is probably in better shape now because of him and good to own for the next little while; there's momentum here. QSR, in contrast, is made up of several chains. However, QSR has done well in pushing non-meat products, whereas MCD is not there yet. QSR could push ahead of MCD, given this. He'd still choose McDonald's.
MCD vs. QSR long-term He would've chosen MCD up until a few days ago when the CEO was fired. That CEO boosted margins and invested well in tech. They had 17 quarters of rising sales. Can the new guy keep this up? MCD is probably in better shape now because of him and good to own for the next little while; there's momentum here. QSR, in contrast, is made up of several chains. However, QSR has done well in pushing non-meat products, whereas MCD is not there yet. QSR could push ahead of MCD, given this. He'd still choose McDonald's.
MCD vs. QSR long-term He would've chosen MCD up until a few days ago when the CEO was fired. That CEO boosted margins and invested well in tech. They had 17 quarters of rising sales. Can the new guy keep this up? MCD is probably in better shape now because of him and good to own for the next little while; there's momentum here. QSR, in contrast, is made up of several chains. However, QSR has done well in pushing non-meat products, whereas MCD is not there yet. QSR could push ahead of MCD, given this. He'd still choose McDonald's.
3-5-year outlook He's long owned this. Cloud computing and Amazon are the two big players; there's good growth in cloud which will help companies, factories and buildings be more productive. Cloud is essential to businesses and innovation.