It has a forward PE of 147 times and a price to book of 23. This company is a great disruptor. They are radically changing the whole retail scene. It recently broke out to a higher valuation level. It is a company that simply does not quit. He would be careful, however, because it is so expensive. If it breaks through $1300 then it means the growth arc is over. It has survived bear markets in the past.

It has pulled back to a breakpoint value. This is the third time it bounced here. Upside is about 30%. If you are comfortable with the market then it is okay to roll the dice on it.

It got up to his original target for this company and is now peeling off a little bit. It is problematic because their earnings estimates have been picking up. That peak on the stock will probably remain.

(A Top Pick Jul 21/17, Up 3.15%) He re-entered it after the pullback. It is a bet on the interest rates not doing anything too bad.

(A Top Pick Jul 21/17, Down 2.34%) The interest sensitives have been weak. Everyone is losing on the interest rate bet.

(A Top Pick Jul 21/17, Up 0.23%) They took a write off and cleaned up their balance sheet. The last REIT that did this turned around and went up afterwards.

It does not have much earnings support. However the price of oil is oozing slowly higher. He hopes soon it will 'energize' the oil patch. The problem is that they are paying out more than they are making. Unless there is a big recovery in earnings, they are going to have to cut their dividend fairly soon. They do not have a powerful balance sheet.