They are continuing to benefit from a strengthening housing market. 3% of their buyers are professional buyers but represent 40% of their sales. They are focusing on servicing the pro builder. He thinks they can continue to benefit from the housing market recovery.
The outlook is favourable because of the continuing success in the Cloud business. They have 7% of the market where AMZN-Q is the leader. MSFT-Q has a history of getting into what the first movers are doing and then succeeding at it. They have relationships with millions of businesses around the world and so have inroads.
The outlook is favourable because of the continuing success in the Cloud business. They have 7% of the market where AMZN-Q is the leader. MSFT-Q has a history of getting into what the first movers are doing and then succeeding at it. They have relationships with millions of businesses around the world and so have inroads.
He bought it last January. They were making decent profits. The revenue growth rate is only in the mid-teens. He thinks the stock will go sideways for a while.
It has a utility type business. It has the highest debt level amongst its peer group. You don’t want to own this one.
There has been a selloff in these stocks this year because of rising interest rates. He considers it a buy for sure. They are growing earnings per share of 4% and with the growth it is 8-9% total return expectation. It is defensive for the next down turn.
They are doing better than when he discovered the company. Their valuation is on the higher end and they had a good run in the last year. Wait for a quarter when they miss expectations or the guidance is low. They recently said they see their target market from 2000 to 2500 stores.
Revenues are flat for the grocery sector. They bought back 5% of their stock and so earnings per share are going up. He would stay away from the sector because of the lack of top line growth.