Advertising
DON'T BUY
They report Friday. Lululemon has been crushing them. Avoid.
Consumer Products
BUY
They report Friday. Likes it. Pays a nice yield.
oil / gas pipelines
COMMENT
PayPal should buy this. Makes a ton of sense.
Technology
BUY
Are doing very well because of sky-high lumber prices. It hit a 52-week high today after releasing a very good quarter. Their REIT owes vast swathes of timberland and are a major maker of wood products in North America. Since last fall, they have paid two special dividends.
misc industrial products
PARTIAL BUY
It sells at 6x earnings. Buy half, but see how the market is on Monday after today's horrible session.
Energy
DON'T BUY
The CEO is smart, but everything they try seems to fail. It ain't working.
electrical / electronic
BUY on WEAKNESS
Has owned this forever, though took profits earlier this year, because Amazon is still signing up millions of users to Prime. He'll re-buy his shares further down. Amazon is a bellweather--they staffed up for Omicron to maintain deliveries, but now that Covid is less of a threat, they will staff down, like truck drivers and warehouse workers. Maybe wages for these workers will decline too. Since Amazon is such a massive employer, if they layoff staff, they can alleviate some of the nation's employment shortage--and end the peak in wage inflation and in turn ease inflation and in turn the Fed doesn't need to raise interest rates so far so fast. Covid was a job suck and that job suck is ending. We could much closer to ending inflation than we think with fewer people spending.
specialty stores