BUY
They report Wednesday. They do huge business in China (hurt by Covid) and Europe (hurt by Russia's insane expansionism). Apple is viewed as safe because its services business acts like an annuity. Own it, don't trade it.
BUY
They report Thursday. They have issues, but they are known: overbuilt during Covid and now they're paying for it. Question is: Does everyone know they overbuilt? Otherwise, they can focus on positive: Amazon ads and cloud which are doing incredibly well. However, Walmart's report could drag these shares down--oppportunity.
PARTIAL SELL
They report Friday. They have given back many of their gains since last earnings. That said, health and oil are the best places this week. He believes CVX can deliver. That said, he sold some shares today because of today's rally. He still expects good numbers.
PARTIAL BUY
They report Friday. The street views this as a play on the weak USD, but the dollar is insanely strong now. Buy after the dollar peaks.
DON'T BUY
Walmart will crush everything when it reports tomorrow. Avoid the Gap. Avoid.
BUY ON WEAKNESS
If it opens below $24 tomorrow morning due to the Walmart earnings report, buy a little.
BUY
Shares have been hammered since April when Amazon revealed it had built too many warehouses and wanted to get out of some leases. PLD got hit way too much. PLD has the best spaces and Amazon makes up less than 5% of their business. Last week they delivered a blow-out quarter: 98% occupancy rate and raised their full-year forecast. Only 2 properties were up for renegotiation with Amazon and that number is now 0. Shares are up, but still down $50 from April highs.
PARTIAL BUY
Shares have been cut in half since April and are not trading at only 3x earnings, among the cheapest stocks out there. (Hit $34 in early April.) Last Friday, CLF reported a mixed quarter: revenue beat and in-line earnings. Stock plunged 9%, but rebounded today 6%. Shares may be getting too cheap. If on Wednesday the Fed announces more rate hikes, buy. But if there are hikes lasting through the summer, a buy could be tougher.
DON'T BUY
Pays a big yield, but the stock could still go down. Even the best insurer, Chubb, is seeing weaker shares. Avoid the insurers.
DON'T BUY
The sector has done well, but real estate is currently a dicey business.
DON'T BUY
Don't buy a mineral and mining company heading into a recession. It looks cheap, but don't.
DON'T BUY
They should have done the secondary offering (which they did last week) when shares were higher.
SELL
A painful one. He doesn't like their business model, their last quarter or their pre-announcement.
BUY
A good, consistent business (REIT) and pays a 5% dividend.
DON'T BUY
Shares plunged today and have been in free-fall for ages. A good company, but lousy stock, Managers rode the pandemic boom in grilling/BBQs by going public with this company. The problem is, you need only one grill and these grills last a long time. You buy them once. There's a grill glut. You can only hope that this will be taken over. They carry $1.2 billion debt. Shares are still too high. Weak YOY sales.