|Day Low/High||2,815.10 / 2,834.36|
|52 Wk Low/High||1,508.48 / 2,925.07|
I have added to Alphabet and Amazon at $2700 and $3198, respectively, in premarket trading.
RMPIA for the September-ending quarter is up .2%, outperforming most of the major market indexes. Let's dig in.
RBC joins the party. Shares of Amazon.com , Alphabet and Facebook were initiated with Outperform ratings at RBC Capital Mkts.
I added to Amazon at $3,306 and to Alphabet at $2,688. I shorted Netflix at $608.32.
* VIAC trades at only $40/share compared to a 'sum of the parts' value of $75/share * Viacom's operating results in 2022-23 will likely exceed consensus expectations * With a 12-month downside of only about -$3/share and upside of at least +$25/shar...
My largest position is Viacom . Despite my analysis that a deal with Comcast is increasingly likely (albeit in late 2022/early 2023), my Gnome, high above the Alps, has been hearing that a large technology company (I'm guessing Apple , Google or A...
Companies don't become best of breed unless they are the best in everything they do. Facebook hangs in the balance.
The real crisis is not that the Evergrande story will be back, but that China isn't able and politically willing to be the global driver of economic growth it has been.
While DocuSign has struggled the past few weeks, it may be ready to turn here. Let's take a look at the fine print.
In the case of Apple and Alphabet, it appears the answer is yes, though a bit more downside in both stocks could come first.
App Store policy changes could have a 2% to 4% impact on Apple's top line, but probably not more than that. And there are still a lot of variables in play.
The spread of COVID's latest and scariest variants continue to warp economies across the planet, preventing commerce from functioning more normally.
On with September, the market's historically worst month
After a punishing June quarter in terms of disease, the Indian economy is likely to post record numbers with business activity back above pre-pandemic levels.
One cannot say that the financial marketplace is completely disrespecting or indifferent to what Fed Chair Powell may signal.
This COVID-19 vaccine is the potential savior of more than just the market.
Some pandemic beneficiaries are seeing growth slow down. But secular and/or cyclical trends remain strong for many other tech names.
Here's why I'm eyeing CRSR as a buy-off-the-floor play.
* I continue to be of the view that in a setting of accelerating industry consolidation, Viacom/CBS is an extraordinarily valuable media franchise * This week's announcement of a European streaming deal between Comcast and Viacom may very well incre...
When you think of what's working ask yourself if you would be sensitive to a price increase or not. The ones you are not? Go buy their stocks.
I just sold my short dated ViacomCBS calls into the ramp today. I am not a fan of directional call buying and felt uncomfortable paying the relatively large premium. It is my continued view that a technology company will ultimately buy ViacomCBS and...
Here we'll look at one REIT, and see whether it should feel gain or pain based on the work-from-home trends we're seeing play out.
* This morning's opener provides an explanation as to why I have been bolstering my net short exposure * Policy errors may now require bold investment decisions * The wisdom of Stan Druckenmiller (who is short the U.S. dollar and Fixed Income, long ...
Quarterly earnings have so far revealed a number of data points for my 'Digital Infrastructure and Connectivity' investing theme. Let's connect the dots.