Formal posting guidelines for political topics and what constitutes investment vs corporate news. **READ BEFORE COMMENTING IN THIS SUB PLEASE** Investing |
- Formal posting guidelines for political topics and what constitutes investment vs corporate news. **READ BEFORE COMMENTING IN THIS SUB PLEASE**
- Daily Advice Thread - All basic help or advice questions must be posted here.
- Collection of Finviz screeners
- After spending the weekend looking at marijuana stocks I've picked my top dog: Cresco Labs CRLBF
- I watch Motley Fools new program offering video today
- Out of all the "bubbles" that are forming right now, which ones would you buy the most if it popped> (EV, marijuana, fintech, crypto, etc...)
- Why I believe $OPRA is overseen by investors
- Second Quarter Results: 6 months into the /r/investing underrated stock survey and the average return was 72% (37% as a portfolio)
- Instead of investing in EV companies... Investing in commodities needed to produce EV
- $APHA to $TLRY Conversion
- I believe we are in a bubble [I need to vent...]
- Artificial intelligence meets agriculture, IPO
- Corsair Gaming Reports Fourth Quarter and Full Year 2020 Financial Results
- Selling Puts to Generate Yield in this Bubbly Market. Talk me out of it!
- Bumble set for IPO at $38-$40; projected to start trading Thursday
- SLRX: A little double-digit jewel
- Mutual funds like ICLN for 401k account
- Investing strategy if I'm young and earned some big one-time cash
- Sell or Hold Cannabis Stocks
- PRNT, 3D Printing Could Be The Best Industry To Invest In For The Decade
- Foot Locker (FL) Stock Analysis
- Consider A Globally-Diversified Leveraged Portfolio
- One Planet for us all investment discussion
- FMS - undervalued COVID play on kidney care dialysis company
- Europcar Mobility Group bargain penny stock
- Long Term Investment Thoughts
- Clean Energy / Energy Storage Investment
Posted: 01 Sep 2019 12:31 PM PDT Alright everyone, it looks like we had pretty broad support in this thread when it comes to cracking down on the hyper partisanship that's been spilling out of the political subreddits to all corners of reddit. In this thread I'm going to lay out some formal guidelines for comments on political topics. Since this is so widespread I want to be clear here: this post is everyone's formal warning. That means temporary or in some cases permanent bans are being handed out for people who violate said guidelines immediately. This is really the only way to deal wit this issue. I'm going to try to get automod to sticky applicable threads with this post as well. First lets address politics I want to note something first: we are absolutely enforcing higher posting standards for political threads. I think it's entirely uncontroversial to point out that calling Warren Buffett an asshole doesn't nearly stir up the anger that calling any given political figure an asshole will. Comments like that being upvoted quickly derail threads and drive the discussion away from investing. So here's the simple guideline which I'll expand on: you're free to express your opinion so long as it's tied to investing, you put effort in to it, and it's civil. We're not here to stop the free flow of discussion or ideas but we are here to keep discussion surrounding investing and civil. Tied to investing: this should be pretty straightforward but I'm laying it out here anyway. Investing encompasses markets, economic impacts, corporate profits, shifts in the yield curve, the federal reserve, taxes, potential government spending that may impact your portfolio. Investing does not encompass immigration, personal lives of politicians, social issues, climate change(unless specifically within the context of impact to energy or similar), how you feel about a particular news organization's potential biases, etc. If it's not in the first list it's probably not investing related. Making comments pertaining to non investment related politics only serves to drive the conversation off course and create a thread that is indistinguishable from one in a political subreddit. Driving conversation off topic in high level comments by bringing up politics in unrelated threads also falls in this category. Effort: no shitposts. If you're not conveying a thought or analysis of a particular subject then it's probably best to not post. Furthermore top level comments like "fuck my portfolio" don't help keeping conversation on track. Lastly and most importantly anything that falls in to the political meme universe isn't going to fly here. That means if you're repeating something like TDS, MAGA, trade wars are good and easy to win, Pocahontas, orange man bad, any of the millions of nicknames for the president, very stable genius, any given childish spin on Democrat/republican(ex DemocRAT or Republitard), etc isn't tolerated. These sorts of things only serve to agitate those on the opposite end of the political spectrum and create partisan arguments. Your post should be something like "I disagree/agree with Trump here because [policy] will do XYZ which is good/bad for ABC and blah blah blah blah". If you are unable to express an investment related position on a topic without insults and memes then you probably should just go to a political subreddit and comment there. Special note here: conspiracy theories about politics and markets are not allowed. If you are going to imply criminal market manipulation or insider trading proof in the form of reporting or other documentation is necessary. This is not a place for baseless accusations derived from political leaning. Civility: so we already don't allow personal attacks here. Generally speaking many people identify so closely with political parties and politicians that they react to political attacks the same way they will to personal attacks. I get it, people get worked up over politics. Translating that emotion to a post here only serves to have people with opposing views get similarly worked up. This isn't an appropriate subreddit for that. We're here to discuss investing. So any comment that would violate our personal attacks rule if you made it towards another user is prohibited against political parties or figures. /r/investing is not a platform for people to express their outrage towards politicians or political parties. There are tons of subreddits for that sort of thing. So now that the guidelines are made clear, here's the consequences. In our observation the vast majority of people engaging in political attacks and low effort posts are not regular contributors. They tend to frequent political subreddits and engage in political attacks elsewhere. So we're automatically handing out 30 day bans for violation of the above rules. If you feel like your ban was in error or unfair you can appeal in modmail but we're not really inclined to reverse decisions if you aren't already a regular contributor. For egregious offenses the ban may be 60 days or permanent. For overt racism, death threats against any public figure, or similar there is an automatic permanent ban. Now Corporate vs Investment News /u/crasymike did an awesome job laying out the general guidelines here: https://www.reddit.com/r/investing/comments/b3ss3q/topics_being_removed_corporate_news_vs_investor/ I'm going to just copy some of the hard guidelines here so they're in the same place but take a look at that thread to see a full explanation. tl;dr Not all corporate news is investment news. If you post a topic the onus is on you to guide the discussion towards investing. If the moderators feel that a topic lacks relevance (which is more clearly defined below) then it might be removed. Off-topic top-level comments have similar standards applied to them. This means that the onus is on you as the person posting the topic to guide the discussion. As moderators all we can do is remove offending comments, but we can't incite relevant discussion in every topic. Tell us, why is this political news impactful? Seek out an article that discusses market impacts rather than a generic article. If you want to post corporate news then find an article that includes the impact on the investment. Copy that information into the body of your post. Include price history. Add other pertinent links or details for the corporate. If you include no relevant investing information then don't be surprised if the topic is completely derailed from discussing investing. If you are posting a topic you need to invite people to talk about investing by using an article, or including information, that is pertinent to investors. As moderators, we have a few policies that we use to guide ourselves. This is a broad rule that requires some interpretation, but here we go:
If the policies above would result in the modteam seemingly needing to remove nearly every top level comment in a thread, and we felt like your thread is "borderline" not investing news, then we will take this as confirmation that the topic wasn't investing news. If the entire conversation in a thread is already driven off topic by political attacks or off topic discussion we will lock and remove a thread no matter how topical it is. Please do your part and downvote/report political attacks even if you agree with them. This will prevent us from just nuking a thread [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Daily Advice Thread - All basic help or advice questions must be posted here. Posted: 10 Feb 2021 02:00 AM PST If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:
Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our side bar also has useful resources. Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions! [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Collection of Finviz screeners Posted: 09 Feb 2021 08:22 PM PST Thanks to old posts on Redditt - I am posting Finviz screeners that other investors are using.
Hope everyone finds it as useful as I did. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
After spending the weekend looking at marijuana stocks I've picked my top dog: Cresco Labs CRLBF Posted: 09 Feb 2021 09:13 AM PST After spending the weekend looking at marijuana stocks to get into before Dems make it legal nationally CRLBF gets my seal of approval.
All marijuana stocks are going to go up. I'd be interested in some discussion about some lesser known small caps. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I watch Motley Fools new program offering video today Posted: 09 Feb 2021 04:10 PM PST So they have a new product coming out, I think its just called 10x. its an annual subscription service for $1,299 (lets see how well that'll sell lol) which they will release 40 companies that they think have potential to reach 10x valuation from where they are today. I got about 10 different emails within the last couple of days calling it their "boldest project ever" so I finally watched it. They mentioned 3 of the 40 stocks that could get to 10x value earlier today which were pinterest, lemonade, and opendoor technologies. So there ya go. Dont know enough about these companies , but I sat through the video so you don't have to. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Posted: 09 Feb 2021 09:01 PM PST Let's say a crash does happen soon, which sector or theme would you want to buy the most, if or when it does happen in the coming months? As we all know, EV, marijuana, fintech, tech, genomics have all 5-20X'd since the start of the pandemic. The more famous investors such as Burry and Cathie Wood seem convinced that there will be a crash or at least a correction coming soon. Also bonus question: What companies would you buy the most of within said bubble popping? Personally for me it would probably be EV > weed > tech > genomics. With TSLA and NIO being the top 2 companies I would start buying. After that it would be APHA, and then from there stuff like SQ, NET, DKNG, SNOW, and LMND. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Why I believe $OPRA is overseen by investors Posted: 10 Feb 2021 02:00 AM PST Opera is known by most people as the default browser on non-apple smartphones in 2012. What is overlooked is that Opera is more than just a browser. The company has been bought by a consortium of investors lead by Zhou Yahui. Half of existing products have been launched in the last years and new initiatives are in the pipeline:
New Initiatives:
The pace of product launches is accelerating and with Opera News and the Opera Browser customer aqcuisition costs are considerably low. Downsides seem limited as Opera is profitable and growing its customer base steadilty. this is no financial advice. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Posted: 09 Feb 2021 04:23 AM PST Building on a previous post (http://redd.it/i2thge/) asking the community to pick underrated stocks, there was interest in seeing the quarterly performance of everyone's picks The first quarter can be seen here: http://redd.it/jti14m/ For this quarter, the key takeaways are as follows:
In graphical format, you can also see the results here: https://i.imgur.com/CzEYTxv.png For those who keep asking for another round of tracking underrated stocks, I'll add a comment below to collect new picks to monitor. Happy to update you on a similar cadence.As a reminder, please do not interpret results seen here as an endorsement of the investing prowess of the community. Invest at your own risk. For reference, below is a table of the current stocks sorted by performance
For those also interested, there was a stock picking survey back in October of 2018. That overall portfolio is up 58% with an average return of 138% (driven by the triple digit gains in Enpahse and Tesla). You can see the original picks in my history; happy to provide an update on that one if there is interest. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Instead of investing in EV companies... Investing in commodities needed to produce EV Posted: 09 Feb 2021 11:22 AM PST Seems there are a lot deep value investor who are thoroughly convinced that commodities and energy will make a gigantic comeback. A lot of them are most bullish on the uranium sector. It looks like many uranium companies already 4-5X'd from their 6 month lows. And looking at the entire chart of various uranium companies, that's still a blip in the radar compared to how huge the uranium bull run was back in 2007. Anyways aside from uranium has anyone else researched other commodities? For example nickel, graphite, cobalt and so on needed to build EV and what the potential gains are from that? It seems like this community usually just talks about tech stocks, or companies that people claim are "already overpriced" (TSLA, plug, nio etc...). [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Posted: 09 Feb 2021 10:52 AM PST Sup, It's been posted in here plenty of times regarding the APHA - TLRY merger that when the merger goes through, one APHA share will be converted to .8381 TLRY shares. My question is... will we see the prices of APHA and TLRY naturally come close to this .8381 conversion rate closer to the deal? Currently .8381 of TLRY would come out to $35.49, and APHA is trading at $23.45. Will we likely see some natural or manipulated movement close to this price ratio, either in APHA rising or TLRY falling? Seems like this can't just be a free money glitch, no? If anyone has experience with similar deals in the past insight would be appreciated! [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I believe we are in a bubble [I need to vent...] Posted: 09 Feb 2021 11:59 AM PST Seriously, I need to vent a bit. I considered some companies out there to be overvalued last year, but they've doubled, tripled, or even grew ten-fold in value in the past year. Why are they trading at 100x their top line?! Some companies are burning money like never before, have a smaller revenue than before, and are firing people left and right, but they still grew 700%. wtf. Take SPWR as an example, or LMND. I walk past the LMND offices every day, I met Shai Wininger in person. I'm not going to rant about that specific company, but the market is disconnected from reality. LMND has 80M in revenue, burns money, doesn't grow, but tripled in value in 6 months. Why?? Half of the stock charts that I'm looking at seem normal and then in 2020 they shoot up like never before. You can let a 5 year old pick any 5 stocks and it would have netted you a 30% return on average, easy! What's happening? This is unprecedented. I need someone to prove me wrong, or at least provide me with some rationale as to what is happening. With all of that said, I'm still investing big on margin, but I'm strongly considering changing my portfolio to things that I believe are more solid, and jump out of the 10x bandwagons. I made insane gains last year, but this party can't go on forever and it needs to come down to earth. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Artificial intelligence meets agriculture, IPO Posted: 09 Feb 2021 02:01 PM PST First post, so please direct me if I do things wrong. Farmer's Edge Inc just filed for Initial public offering (https://www.bloomberg.com/news/articles/2021-02-09/farmers-edge-files-papers-for-initial-public-offering-in-canada) Farmers Edge employs technology to collect and analyze local weather, soil moisture and satellite data to help farmers improve crop efficiencies and yields. Chief Executive Officer Wade Barnes co-founded the firm in 2005 and it has since expanded operations across Canada's Prairie provinces and abroad, with offices in the U.S., Australia, Russia, Brazil and Ukraine. I would like any information you guys drum up as im just learning about this and usually am comfortable with the SPAC setup. I always read good info and wanted to add. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Corsair Gaming Reports Fourth Quarter and Full Year 2020 Financial Results Posted: 09 Feb 2021 09:23 PM PST FREMONT, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) -- Corsair Gaming, Inc. (NASDAQ:CRSR) ("Corsair"), a leading global provider and innovator of high-performance gear for gamers and content creators, today announced preliminary financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Highlights Net revenue was $556.3 million, an increase of 70.4% year-over-year. Gamer and creator peripherals segment net revenue was $191.8 million, an increase of 104.0% year-over-year. Gaming components and systems segment net revenue was $364.5 million, an increase of 56.8% year-over-year. Gross profit was $153.8 million, an increase of 118.3% year-over-year, with gross margin of 27.6%, an improvement of 600 basis points year-over-year. Gamer and creator peripherals segment gross profit was $68.9 million, an increase of 197.7% year-over-year. Gaming components and systems segment gross profit was $84.9 million, an increase of 79.5% year-over-year. Operating income was $58.9 million, an increase of 314.2% year-over-year. Adjusted operating income was $71.0 million, an increase of 166.9% year-over-year. Net income was $43.0 million, or $0.43 per diluted share, compared to net income of $6.0 million in the same period a year ago, or $0.08 per diluted share. Adjusted net income was $53.0 million, or $0.53 per diluted share, an increase of 214.8% year-over-year compared to adjusted net income of $16.8 million in the same period a year ago, or $0.21 per diluted share. Adjusted EBITDA was $72.5 million, an increase of 154.7% year-over-year, with adjusted EBITDA margin of 13.0%, an improvement of 430 basis points year-over-year. As of December 31, 2020, we had cash and restricted cash of $133.6 million, $48.1 million capacity under our revolving credit facility and total long-term debt of $321.4 million. Cash flows from operations was $68.6 million, which increased from $36.0 million in the same period a year ago, bringing the full year 2020 cash flow from operations to $169.0 million. Full Year 2020 Highlights Net revenue was $1.7 billion, an increase of 55.2% year-over-year. Gamer and creator peripherals segment net revenue was $539.4 million, an increase of 83.4% year-over-year. Gaming components and systems segment net revenue was $1,163.0 million, an increase of 44.8% year-over-year. Gross profit was $465.4 million, an increase of 107.5% year-over-year, with gross margin of 27.3%, an improvement of 690 basis points year-over-year. Gamer and creator peripherals segment gross profit was $189.7 million, an increase of 133.2% year-over-year. Gaming components and systems segment gross profit was $275.7 million, an increase of 92.9% year-over-year. Operating income was $158.4 million, an increase of 568.0% year-over-year. Adjusted operating income was $204.8 million, an increase of 211.4% year-over-year. Net income was $103.2 million, or $1.14 per diluted share, compared to net loss of $8.4 million in the same period a year ago, or $(0.11) per diluted share. Adjusted net income was $145.0 million, or $1.60 per diluted share, an increase of 427.0% year-over-year compared to adjusted net income of $27.5 million, or $0.35 per diluted share. Adjusted EBITDA was $213.0 million, an increase of 197.5% year-over-year, with adjusted EBITDA margin of 12.5%, an improvement of 600 basis points year-over-year. Definitions of the non-GAAP financial measures used in this press release and reconciliations of such measures to their nearest GAAP equivalents are included below under the heading "Use and Reconciliation of Non-GAAP Financial Measures." "We are excited to see the market for gaming and streaming product continue to grow at such a pace. It is clear that a new wave of gamers and streamers has entered the market as well as consumers building gaming PCs for the first time. Our expectation is that all these people that are new to the market will continue to buy gaming and streaming products from us for many years into the future. I am particularly pleased that the revenue from our gaming components and systems segment is now over $1 billion. And equally happy to see our gamer and creator peripherals segment grow by 83% and break through the half billion milestone. Obviously this is amazing growth in both segments. We continue to bring out exciting new product in all our product lines, and these seem to be resonating well with our current and new customers. In fact our last three major product launches, the K100 keyboard, the Elgato Wave microphone, and the 4000X gaming case, are all showing near 5 star reviews at major retailers, and gained solid market share in a short time," stated Andy Paul, Chief Executive Officer of Corsair. "We are extremely pleased with our financial performance in the fourth quarter. We have paid off an additional $50 million in debt during the quarter, making the total debt repayment $190 million for 2020. We expect to continue to use our operating cashflows to reduce our debt and continue to invest in growth. We also had a successful secondary offering this January, with all net proceeds going to the selling shareholders participating in the secondary," said Michael G. Potter, Chief Financial Officer of Corsair. Financial Outlook For the full year 2021, we currently expect: Net revenue to be in the range of $1.8 billion to $1.95 billion. Adjusted operating income to be in the range of $205 million to $220 million. Adjusted EBITDA to be in the range of $215 million to $230 million. Certain non-GAAP measures included in our financial outlook were not reconciled to the comparable GAAP financial measures because the GAAP measures are not accessible on a forward-looking basis. We are unable to reconcile these forward looking non-GAAP financial measures to the most directly comparable GAAP measures without unreasonable efforts because we are currently unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected to impact GAAP measures for these periods but would not impact the non-GAAP measures. Such items may include stock-based compensation charges, public offering related charges, depreciation and amortization, severance, IPO costs and other items. The unavailable information could have a significant impact on our GAAP financial results. The foregoing forward-looking statements reflect our expectations as of today's date. Given the number of risk factors, uncertainties and assumptions discussed below, actual results may differ materially. We do not intend to update our financial outlook until our next quarterly results announcement. Please see "Use and Reconciliation of Non-GAAP Financial Measures" below for a discussion on how we calculate the non-GAAP measures presented herein and a reconciliation to the most directly comparable GAAP measure. Recent Developments On February 1, 2021, in the patent infringement case, Ironburg Inventions Ltd. v. Valve Corp, the jury unanimously found that Valve Corp infringed Ironburg's controller patent and awarded Corsair's subsidiary Ironburg (a subsidiary of SCUF) over $4 million. In addition, the jury unanimously found willful infringement by Valve Crop. The jury verdict of willful infringement is the first step to a potential award of enhanced damages up to the statutory limit of treble damages. On January 26, 2021, Corsair closed its follow-on public offering by selling stockholders of 8,625,000 shares of its common stock at a price of $35.00 per share. The total gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses were approximately $301,875,000. The selling stockholders received all of the net proceeds from the offering. On January 12, 2021 Corsair announced the promotion of Thi La to President and COO, as well as other senior leadership promotions. On January 28, 2021 Corsair launched three new Corsair Gen 4 PCIe x4 NVMe M.2 Solid State Drives – the MP600 CORE, MP600 PRO and MP600 PRO Hydro X Edition. All MP600 SSDs store massive amounts of data with lightning-fast transfer speeds, leveraging PCIe technology for incredible sustained performance. On January 21, 2021 Corsair launched its Vengeance RGB PRO SL high-performance DDR4 memory kits. Initially available in a wide range of frequencies up to 3,600MHz and kits up to 128GB (4x32GB) in both black and white, VENGEANCE RGB PRO SL boasts dynamic ten-zone RGB lighting in a form-factor just 44mm tall, offering wide compatibility with nearly any PC build. Each module is tightly screened and optimized for peak performance and overclocking potential, for memory that matches its mesmerizing visuals with equally impressive performance. On January 14, 2021 Corsair launched a new series of mid-tower ATX cases to suit nearly any build: the Corsair 5000D, 5000D AIRFLOW and the iCUE 5000X RGB. Every 5000 Series case offers simple and tidy cable management thanks to the Corsair RapidRoute cable management system, terrific cooling from included fans featuring Corsair AirGuide technology and a spacious interior that fits multiple radiators, including two 360mm simultaneously. Between the understated styling of the 5000D, the optimized airflow of the 5000D AIRFLOW, and the eye-catching RGB lighting behind four beautiful tempered glass panels of the 5000X RGB, the 5000 Series has a case to meet any builder's priorities. On December 9, 2020 Corsair under its SCUF brand unveiled the new SCUF H1 customizable wired gaming headset. Based on the design and technology of the award-winning CORSAIR VIRTUOSO headset, the H1 is customizable and tailored for competitive gamers who prefer the zero-latency provided by a wired headset. The SCUF H1's lightweight design is fully configurable and built for comfort, with immersive sound and a high-resolution interchangeable microphone to make crucial callouts that can be the difference between a victory or a loss. Every rustle of footsteps in a grassy field and every far-off missile strike is delivered with clear fidelity, almost doubling the audio frequency of most gaming headsets. 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Selling Puts to Generate Yield in this Bubbly Market. Talk me out of it! Posted: 09 Feb 2021 07:38 PM PST Market feels a little frothy and I'm moving to cash. That said I still want to generate income on the idle cash in excess of money market rates (nil). I don't want to touch bonds as rising interest rates will crush long durations bonds and short term bonds are also generating nil returns. Looking for suggestions but am leaning towards selling puts. My thought is to sell July 2021 puts on AVGO, MSFT, AAPL, TSM. Setting strikes for 25-35% discounts on these stocks would get you a rough return of 3-4% annualized. Nothing spectacular but beats money markets. In the event the market crashes before July, I would be happy to buy any of these stocks at the discount. Let me know if you have better suggestions for names to sell puts on (without excessive risk) or other strategies to generate yield. I'm not inclined to buy high dividend yield stocks as those will still get dragged down in a market correction and then you are stuck holding them until they recover. I'd rather generate yield now while remaining liquid so I'm in a position to bottom feed after a correction. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Bumble set for IPO at $38-$40; projected to start trading Thursday Posted: 09 Feb 2021 05:08 PM PST How is everyone feeling about this IPO? My broker is offering to (potentially) allocate me some shares at the IPO price. I'm probably going to pass on it, but want to make sure there isn't universal agreement that I'd be foolish to do that. Normally, in the current market environment, I'd jump on any IPO they offer me. But I really question Bumble's sexist business model - just rubs me the wrong way. But as an old guy whose been married for 20 years, I'm not really in their target market. So how to people in the target really feel about Bumble? I feel like Tinder, Match and Plenty of Fish are the preferred dating apps for most 20-somethings. Bumble seems like something that people go to once they get sick of the other ones as a last-ditch effort before abandoning online dating all together. Women go there once they're jaded and sick of receiving random dick picks; men go there once they're desperate and haven't gotten matches anywhere else (which seems like a self-defeating process since men have no control on Bumble). I'm also not impressed by the "friend finder" and "Linked-In alternative" strategies. I feel like Linked in already fills that role and it's going to be tough to compete with the established platform. And I don't think that the population of people looking to make online friends for hanging out is a big population. My personal negative view of the company makes me think it's not going to be successful long-term, and that it is unlikely to even have a first-day bump from the IPO price. If they price it at $40, I'd be surprised if it moves up from that much at all. I'd be more shocked by a $50 first-day close than a $35 close. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SLRX: A little double-digit jewel Posted: 09 Feb 2021 10:31 PM PST This biotech company has 9 very important catalysts in 2021. Two of them refer to its studies against Ewing's sarcoma and various solid tumors. It has a very small float and there are a lot of institutional shareholders with short positions that will have to get rid of them causing a short squeeze. Its current potential is above $10 per share. Wedbush has a warrant to buy shares (payment made to him by the company for a merger) at an exercise price above $15. This is a unique opportunity in the market [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mutual funds like ICLN for 401k account Posted: 10 Feb 2021 01:21 AM PST For my 401K, I have access to a Brokerage account in Fidelity which lets me purchase only mutual funds, no stocks or ETFs. I'm in my 20s and want to invest in more aggressive, potentially risky, high growth areas. So far, I've identified some sector mutual funds I liked with low expensive ratios. I'm very bullish on clean energy and love ICLN in my individual brokerage account, but cannot find any similar offering in the Fidelity mutual funds list. There are a couple I could see but they have very high expense ratios (2%+). What are your favorite mutual funds in this clean energy sector? I'm looking for growth focused mutual funds in general too, irrespective of the sector. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investing strategy if I'm young and earned some big one-time cash Posted: 09 Feb 2021 06:54 PM PST I joined pre-IPO company few years ago, and after my company went public, I earned large amount of money from my stock options (around ~$3M after tax). I'm in my early 30s, so I know the general advice is be more risky. But there is a pretty good chance that I won't make this much money in the future, especially I go safe and join well-known public companies. I still plan to work at least until my 50s. How should I invest this one-time lump sum money? Should I go risky (90 stocks 10 bonds/gold/cash) because I'm young, or should I be more conservative (60 stocks 40 bonds/gold/cash) because my yearly earnings might decline in the future? My goal is to increase my net worth when I retire, so that I can have a luxurious lifestyle. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Posted: 09 Feb 2021 12:04 PM PST I bought like 2-4 shares each of 6 cannabis stocks in July and August 2019 just to get a taste of the movement and comfortable with investing. One APHA total return is over 200% because they are planning a merger with Tilray and with the presidency making it more promising to be legalized or decriminalized federally. I have another down CannTrust at -85.53 total return. Lol I'm confused if holding either of these would be smart or to sell at this point. Here are break downs of others: CGC +31% IGC +64% YCBD +39% OGI -26% New at investing so please be nice. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
PRNT, 3D Printing Could Be The Best Industry To Invest In For The Decade Posted: 09 Feb 2021 10:42 AM PST 3D printing has not been integrated much into our society at this point, but at some point I think that 3D printing will be such an integral part of manufacturing and life itself. We're just now seeing the capabilities of 3D printing entire buildings. Once the process is fully developed It can replace a large portion of current construction companies. Some of the videos we see of commercial 3D printing stuff is pretty impressive, just imagine that technology fully developed 10-20 years from now. PRNT had provided some of the best returns out of any ETF, and even has been outperforming all the ARK's lately. What are your thoughts on 3D printing and PRNT specifically? [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Foot Locker (FL) Stock Analysis Posted: 09 Feb 2021 08:50 PM PST We all know Foot Locker as the mall-based retail stores that always has those giant shoe walls, and is constantly full of sneaker heads But some people forget that FL is a public company and a pretty nice one at that. No its not a huge revenue grower, but they are very interesting, especially as the post-COVID world begins to take shape. As it turns out, Foot Locker just had its best earnings by net income IN ITS HISTORY!! This is mostly due to so many people buying shoes with their stimulus checks. Not to mention, there is probably some pent up demand for shoe and mall aficionados. Foot Locker has a tiny PE ratio under 15, and a forward PE under 10! Consider that the market is trading well over a PE of 25 right now. Not to mention, FL has a superb balance sheet (keeping in mind the year 2020 was). Revenues grow an average of 3-5% per year, but again, FL is not a big grower. Another super important point to make, is that FL used to pay a dividend upwards of 5%. Of course, in lue of the pandemic, Foot Locker paused its dividend for a few quarters. The dividend has come back, albeit at only 1% for now. My question to you is, where do you see Foot Locker heading? Of course, such a fantastic quarter like the previous one can't be sustained for many years, but the potential for a 5% dividend in the near future, as well as more stimulus money getting used to buy shoes off Foot Locker's shelves, definitely indicates FL could be headed towards a few quarters of great success For a little bit more information on Foot Locker, please check out this video HERE: Foot Locker (FL) Stock Fundamental Analysis (Best Value and Dividend Stock) [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Consider A Globally-Diversified Leveraged Portfolio Posted: 09 Feb 2021 04:28 PM PST Hello, Here's a portfolio for those with the willingness to take on risk for maximum returns (especially young savers). Explanation 1) Choose a globally-diversified, low-expense set of smart-beta stock ETFs (tilting to factors that outperform like value, quality and momentum). 2) Use margin to leverage the portfolio to ~2:1, which is the optimal investment size for maximum returns as per the Kelly Criterion. 3) Sell short SPX box spreads in order to borrow near the risk-free rate (~0.5%). The portfolio is much more tax-efficient than using derivatives (since most gains stay unrealized). Historically (using US data back to 1929), the above portfolio would've indeed significantly outperformed the market. I don't care for past performance but it is always nice to confirm that the intuition indeed played out empirically. Positions I like a 50/30/20 split of US/Ex-US/EM (especially since International has attractive valuations). For the US, I like VFMF, VIOV and some VTI. For Ex-US, I like FNDF, ISCF, FNDE and EMGF. Brokerage Definitely Interactive Brokers. Their rock-bottom margin rates are vital. You can lower the rate further by selling SPX boxes short. Rebalance As the market goes up, this strategy calls for you to buy more stocks to get the leverage back up to 2:1. You also need to sell stocks during market declines to keep maintain close to 2:1 leverage. This might seem "buy high, sell low" but there's no reliable way to time or mis-time the market so don't worry about that. Rebalancing is key to make sure you don't blow up and that you maintain a high CAGR long-term. I recommend rebalancing if leverage is outside 1.8-2.2x, or once a month. Don't rebalance too frequently (say, daily, like those leveraged ETFs), it's not optimal. Conclusion Leverage is taboo but if used properly, without overbetting, using well-diversified funds, it can be a useful portfolio for those looking to take on more risk for more reward (like myself). [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
One Planet for us all investment discussion Posted: 10 Feb 2021 02:00 AM PST Hi guys, The announcement last week that Bezos is going to step down and focus on the Bezos Earth Fund got me motivated about environmental/positive stocks that I can invest in. Now for a bit of background I am a Brazilian carnivore that loves a rodizio (look it up if you've never heard of it) but over the past few years I have tried to slowly reduce my carbon footprint by lowering the amount of meat I eat to only 3-4 days a week with the rest of the week having meat alternatives. This is mainly driven by my partner who is a vegetarian thanks to the countless documentaries showing the horrendous conditions animals are kept in (yes America, I am looking at you) and the carbon footprint impact it has on our planet (David Attenborough documentary One Planet if you want to see a LEGENDS take on it). At the end of 2020 I bought some shares in Beyond Meat which was both a financial and environmental decision based on the expected increase in demand due to people doing Veganuary. On the 6th of Jan it was downgraded to Overweight by Piper Sandler causing it to crash 9% in a day. I find this very convenient seeing as only 6 days later the stock almost doubled in price following the Taco Bell partnership news. Now the sceptic in me feels that was placed news in order to buy at a lower price following a tip off about the deal. I will never really know due to the rigged game we are playing but that is how I feel (note this is only my opinion and not targeting Piper here but someone in the know surely made a fortune on this pump down and up). Now comes my question. I just feel like a lot of the best companies that are up and coming are only available to VCs and private investors (Lewis Hamilton, Di Caprio to name a couple) which leaves us behind on getting in. So what stocks do you guys think has both financial and environmental potential over the next few years? From my side a couple of companies I would love to invest in are Impossible Foods and Moving Mountains but neither of them are available to invest in by us retail investors (they are available to buy though so if you get a chance to try them out). Another company I invested in that is doing the part for the environment is Brewdog PLC who I believe has bucked the trend by not trying to cash out by selling to the Big Guys, as is usually the fate of most brewers around the world. They did this by creating EquityForPunks which allows us beer drinkers to own a share of the company (I'd share a referral link but don't want this to be advertising in any way) . They have managed to raise over £100M through this and part of their latest fund raising was to become carbon negative for the entire life of the company (look up Brewdog for Tomorrow). That is right guys they looked back at their total footprint and have now managed to become one of the first companies who is carbon negative (I don't know who but I'm sure others came first) by a range of actions including buying 2,000+ acres of land to plan trees. This is something I can really support and hopefully make some money later down the line when they decide to go public (or at least not lose money hopefully). If you have anything to share that you think is worth keeping an eye on please share :) Sorry for the ramble but I think I better wrap it up here. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FMS - undervalued COVID play on kidney care dialysis company Posted: 09 Feb 2021 11:46 AM PST Open to feedback and counter arguments. Starting Point
TAM
The Investment - Fresenius Medical Care [FMS] - This German-based company is one of the world's leading providers of products and services for people with kidney failure. The Catalyst - Overreaction to a recent news release introduces opportunity for value play: - On February 01, FMS issued a press release stating that, "accelerated COVID-19 related excess mortality of dialysis patients and continued related higher direct costs [will] negatively affect 2021 business development." More specifically, "Based on the currently available information and status of analysis, revenue growth of up to mid-single digits and assumes net income before potential restructuring measures to decline by up to 25 percent."
Basic Financial Picture
FMS basic financial numbers (in millions)
My Napkin Math - Let's calculate global market share that FMS captured for treatment of CKD patients in 2019. (17.48B EURO X 1.12 USD) / 90.33 TAM) = 21.6%. - Net income 2019 was $1.34B - Assuming market share is stable, projected to 2027, 21.6% of the $177.56 billion TAM is $38.35 billion revenue. - Median net profit margin going back through 2018 – 7.5% - Applying this median net profit margin to the 2027 revenue estimate gives us a net income 2027 estimate of $2.88B. Which means you could conservatively say that FMS net income will double by 2027. - Current price is 34.21 with P/E ratio of 12.59 - Median P/E ratio over the past 10 years is 17.6. - Let's assume current P/E ratio is maintained. That puts 2027 price target at $73.52. - Let's assume return to median P/E ratio of 17.6. That puts 2027 price target at $102.77 - Let's assume high P/E ratio of 23.96 that occurred in 2016. That puts 2027 price target at $139.90 - That's a potential 114% - 308% gain over 6 years on share price alone. Pretty good considering FMS really only needs to scale their current operations enough to maintain their market share and margin. That's a fairly low bar for a company that is at the top of the field and growing. And to put icing on the cake, they have a growing dividend which current sits at a ~2% yield. Headwinds - While researchers think COVID19 will increase the number of CKD patients over a long period of time, it's also apparent that patients with pre-existing kidney disorders have a higher COVID19 mortality rate than their peers without kidney disease. That means that demand might suffer in the short-term for companies who are currently providing dialysis services. Furthermore, as with many businesses, there are increased COVID19-related costs for kidney care providers – especially those who specialize in outpatient kidney care clinics as opposed to at home services as they need to take extra precaution with PPE and immune compromised patients. - The largest headwind in my opinion is the movement from dialysis clinics to home dialysis. FMS primarily providers in clinic dialysis services and our model falls apart if FMS loses market share. However, FMS is well aware of the transformation to home dialysis, as this is not a new development, and they are shifting their business model to provide more of these services. Moreover, the initiative to move to home dialysis, while aggressive, has been ongoing since the Obama years and FMS revenue has not seen a dramatic hit. Still, to decrease this risk, I'm hedging against FMS's failure to adapt by also going long on OM, a young company that produces the best home dialysis machines on the market. Other companies - Onset Medical [OM] – Mentioned above. Disruptive tech. New company. Sky high valuation but useful as a hedge against FMS losing market share. - Davita Kidney Care [DVA] – FMS's largest US competitor. I consider them a strong long-term investment as well, as they are moving to home dialysis model faster and they have a slightly better reputation than FMS in terms of quality, but their valuation is much higher at the moment. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Europcar Mobility Group bargain penny stock Posted: 09 Feb 2021 05:44 PM PST Bargain penny stock Current $0.48. Jan 2020 $5.8. One of the largest hire vehicle companies in the world It is about to undergo massive restructuring in 2021. All of the resolutions necessary for the implementation of the financial restructuring plan have been approved last week: it will enable the group to finalise the implementation of this comprehensive plan, which notably contemplates a massive reduction of the Group's corporate debt by €1,100m through equitisation and a significant new money injection, via capital increases1 and new fleet financing facilities (approx. €500m in total). At the start of 2020 it was trading at just under $6 a share, it is now $0.40. Holidaying and travel will open up again this summer and the next few years after, holidaying will boom. Europcar will directly benefit from this. Last 3 years it had a year on year revenue growth of 7.8% Has very high environmental standards- plans to make 35% of worldwide fleet electric/hybrid by 2023. Received a gold rating from EcoVadis for ESG performance, second highest out of all hire companies. Too cheap to not take a punt at, massive upside potential... This isn't financial advice. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Posted: 09 Feb 2021 04:15 PM PST Hello, I am creating a EV portfolio for long term growth and these are my picks and why and just wanted your guys opinion on them. TSLA: Overall been a really big part of EV market and with the addition of the S&P 500 a while ago I have no reason to believe that they will not be part of the EV market still in the next 5-10+ years as the EV revolution will happen and TSLA will be there NIO: Chinese stock and overall really good models and since they have batteries it will be even bigger in China as they need more cars and owning a Tesla which you have to charge is not convenient as majority of people who live in China live in apartments GM: This is a very long term plan but with the vision of trying to turn every car model into a EV model they will help tremendously with the whole EV revolution. The traditionally American SUV or Truck will be provided by GM car's not Tesla as we saw with the cybertruck WKHS: They have partnerships and probably will have more with other companies and providing them with EV vehicles and overall a really good long term investment I believe so XL: I really like this because its like WKHS providing EV vehicles for other types of vehicles helping create EV vehicles of already existing vehicles not completely new ones. [link] [comments] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Clean Energy / Energy Storage Investment Posted: 09 Feb 2021 01:18 PM PST Hello r/investing. I am looking to make an investment, and wanted to collect your insights. I am particularly interested in diversifying into the clean energy sector. The fact that I have not seen anything pointing towards the optimum method of generating clean / renewable energy at this point in time makes me want to focus less on the energy generation method itself, but something more diversified, common, and required between all forms of energy as a whole: the storage of energy. Are there any solid energy storage ETFs that you could suggest I look into? I would prefer US company-centric ETFs if possible. Note: I am relatively new to this sector, so I won't claim to be an expert. If I am not considering something in my assumptions, please feel free to share your insights and let me know. Specifically, if I am off the mark regarding the energy generation methods (wind, solar, etc.) let me know. (Also) note: I do feel as though we are due for a market correction relatively soon. On top of that I do think there are some companies that have good products / services, but are overvalued currently (Tesla, for example). I'd be open to discuss one-off stocks that could be good values if the price is right as well. Once again, let me know your thoughts. [link] [comments] |
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