SELL
Couldn't see the business plan as clearly as he needed to, moving from traditional businesses to the metaverse. He couldn't see the sustained growth rates he needed.
0
DON'T BUY
Be careful when you look at earnings and cashflow. Cashflow is challenged. Don't just focus on earnings. He'd prefer DIS, with its diversification.
Unknown
COMMENT
The economy was too hot and is now cooling off. He doesn't believe we'll fall into stagflation. Today though the bears had the upper hand.
Unknown
COMMENT
Reported a top and bottom line beat, but offered soft guidance--turbulence due to the wider economy. Shares tumbled 15% the next day, but recovered over 10% mostly because investors realized the business is strong. SNOW has strong secular growth. Shares have gradually recovered from that report/guidance.
Technology
BUY on WEAKNESS
Shares slid 14% three weeks ago on a weak quarter and guidance. The cause of the guidance was the Covid lockdown in China which should have surprised no one. It now trades at only 13x and pays a juicy 3.4% dividend. The lockdown is a short-term problem so this is a buying opportunity,
electrical / electronic
COMMENT
Oil prices continued to climb today and oil stocks rallied then retrenched because investors realized that such a swift rise will destroy demand for oil. Sky-high oil could lead to a recession and stagflation, but he thinks US producers can pump out more and avoid a recession and stagflation.
Unknown
COMMENT
Disney iss fine, though he's not crazy about it. But Disney is cheaper because of Disney+. Disney just has to get better of selling/telling their own story.
entertainment services