DON'T BUY
They report Wednesday. He wants to know about new subscriptions. He still won't buy it--just because the stock may have bottomed, doesn't mean it's worth buying. Buy if it goes higher and he doesn't see a catalyst here.
BUY
He predicts a blow-out report on Wednesday. So brokerages, which have been raising their targets for Tesla.
STRONG BUY
They report Wednesday. A huge favourite of his. He targets $2,000.
COMMENT
They report Thursday. Not sure if they can deliver a lift in shares. Instead, stay long in AMD and Nvidia.
BUY
They report Friday. They rely on commercial aircraft. He expects strong numbers.
DON'T BUY
They don't have staying power. He recalls signing up for a football package from them, but it got suddenly cancelled.
BUY
They reported a good quarter Wednesday with Q3 earnings up. But the stock has been so hot, up 31% YTD and expectations so high that Wall Street yawned and sol by 4%. It's rebounded since then. They had negative loan growth in their consumer business which they believe will improve as we return to normal. The CEO, though, said he'd spend whatever it takes to fend off fintech companies which hurt JPM shares.
BUY
They reported yesterday, a beautiful quarter. Revenue was much higher than expected, 12% YOY, while overall expenses were roughly flat, meaning 58% earnings growth. Their deposit base rose 15% YOY, driven by their online banking platform. BAC is the most levered of US banks to interest rates which are expected to climb. He targets $50.
BUY
He loves how it's transforming more into a wealth management business. They reported a top and bottom line beat yesterday. The stock has room to run, despite its recent run-up. They've made a big move into asset management, though still an investment bank. Expenses were far lower than expected. Shares rallied despite a downgrade. It trades at less than 14x 2022 earnings, which he predicts will be 20x earnings one day. A lot of room to run.
BUY
It's the worst of the big banks, but he owns this because it's a turnaround story. It trades cheaply. Shares jumped nearly 7% today. The CEO is turning it around.
DON'T BUY
It's the second-worst of the big banks. They beat their report yesterday, but expenses also rose. Consumer banking's revenues declined 5% as expenses rose 5%. No setbacks here to report, but Citi didn't make much progress either. The stock is trading cheaply, though.
STRONG BUY
They reported a blow-out today, a monster earnings and sales beat. Shares jumped 3.8% today. Sells at 10x earnings and still trading below its August peak. Q3 net revenues were up 31% YOY. This is their best year in history. Nearly a slam-dunk stock.
DON'T BUY
They report Wednesday. He still won't buy it--just because the stock may have bottomed, doesn't mean it's worth buying. Buy if it goes higher and he doesn't see a catalyst here.
BUY
Their super pill helped him control his migraine, so he's a fan of this stock.
WEAK BUY
It pays a 3% dividend yield. He was early in buying this, so he's down (below water) on it, but he's excited about its future prospects.