BUY
Had trimmed his position in the high $3 range. Bought back in around the same price. It is small but it is deep value. This is where the multi baggers are. While the market cap may be small, the asset base is good. Expects them to be massive returners of capital. Next year, could trade at 2.2x cashflow. Could initiate dividend and buyback.
DON'T BUY
Their debt has always been an issue. Trading at in-line levels for their multiple. Does not check his boxes in his fund.
BUY ON WEAKNESS
The execution has not been great. The asset reliability has come into question. The stock has lagged. Bought shares yesterday. There has been strong interest by generalist in the sector and since expectations are so low for SU, they could see SU as an attractive option.
COMMENT
Can see a 40% upside here. Goal is to pay down debt and stream out the free cashflow. The inventory depth of the asset, it is trading at 18% free cashflow. Future dividend is possible. Everything looks good in the sector, so you must chose the best option.
COMMENT

The market this week Flat is the new down. There isn't negative news, and Evergrande on Monday was merely an excuse to sell. The market won't pull back dramatically. She expects to buy stocks she missed earlier at a cheaper price soon. The market will be flat for a while. Remember that markets are up nearly 20% YTD and 30% in 2019 and 18% in 2020. All these gains are making investors a little nervous. So, they are stepping out and moving a little more money into cash, not not bonds (no income). The market is bifurcated between stocks trading around 30x and other around 13x.

BUY

She's owned this for a year since Disney was at $124, based on a thesis that Disney would ultimately earn $10/share, which is taking a little longer than expected. When it does, DIS will be trading at 18 or 20x, slightly lower than the overall market. She bought it as a long-term hold. She doesn't trade it. Disney deserves a premium valuation given a strong CEO and their amazing products. The theme parks are returning despite Delta.

BUY

$690 is the new price target, or 13% higher. She she still loves it. Both guidance and shares rose last Friday. The guidance surprised analysts who are this week are scrambling to upgrade it. She sees upside, though not as much as this year's increase. $690 is reasonable. TF benefited from more Covid testing. Goldman just upgraded it. Management always delivers. It boasts 8% organic growth and will grown into 28s earnings. She's happy.

BUY

Pays a 4.25% yield and rising interest rates will be positive. A regional U.S. bank.

SELL ON STRENGTH

He's buying this week's dip including Facebook, Skyworks and Cleveland Cliffs. He holds 35% cash. Some stocks he bought were down 20% this week, far below Monday's dip. Copper prices will remain stable. However, steel prices are so high, so Cleveland Cliffs is merely a short-term buy and he's looking for an exit if prices partially recover.

BUY ON WEAKNESS

He's buying this week's dip. These shares fell to $30, which is obscene compared to other carmakers. Overall, FedEx and Nike are talking about supply chain issues which he hears is worsening, not improving, as rising wages will narrow margins. So, he will likely return to high cash levels.

BUY

He's buying this week's dip. Dick's is down on today's Nike news about supply chain constraints. Dick's stock is very cheap and the managers offered good guidance.

COMMENT

Market outlook He expects another rollover coming. He's buying this week's dip, but he's cautious. Tapering will begin at some point, but he sees signs that the pandemic is ending. This means the Fed won't need to continue its pandemic supports. No, he doesn't expect the sky to fall next week or month. He holds a barbell portfolio, but favours upside short-term. Momentum is still there.

BUY

He just bought it. It's cheap at 10x forward earnings. They're in a hot business--a in logistics and supply chains. A very cheap stock. They've gotten into new markets. It's low-risk given the low multiple. They will guide to an earnings number of $10/share. Earnings will be released on Wednesday. This is a long-term hold.

BUY

He just bought it. Oil is uninvestable, but you can trade it. Like this. Chevron is getting into carbon capture, making ESG strides. Oil will keep moving higher though eventually will return to Earth.

BUY

It had a huge run. When the pandemic ends, the prices on their shots will leap from $25 to $150-200 which is normal for booster shots. Think of the profitability and their pipeline of 34 drugs.