Stock Thread (8 Viewers)

[The General]

Thought nvda reported today. Was very surprised to see no movement after hours lol

They can't blow up on earnings again...can they?

I can’t imagine but I guess so. I would expect even the slightest divergence off of expectations would bring a lot of red.

The divergence (if there is today) is if huge vendors hold back orders to wait for the next gen chips.

If so….it could create an opportunity to add more long term if it’s a violent pullback.

But I expect stupid growth numbers yet again for NVDA.

With their growth rate and profits it’s not that expensive.

It’s not that expensive now. I do think they will hit another lull like they did for mining and gaming. In the past they’ve had a lot of cycles. Right now they are charging whatever they want so it will be interesting to see how long that lasts before the data center folks don’t need more and competition gets stronger. They are the leaders but this isn’t like Apple and iPhones where they own the ecosystem. I also don’t want to act like they aren’t going to do well or make money but they’ve been interesting because they’ve had periods scarcity before followed by lulls. The YoY comps have been so crazy because the year prior their revenue went down.

They are selling the pick axes for the gold rush (AI) and are way ahead of everyone else.

It’s compelling. And I expect it to last a while.

Still riding this pony.

Giddy up!

 

[The General]

uh oh

 

[General Malaise]

Hmmmmmmmmmmmmmm

 

[FreeBaGeL]

What are we hmmm'ing and uh oh'ing?

 

[General Malaise]

What are we hmmm'ing and uh oh'ing?

Feels like the market took a sudden and hard left at Albuquerque.

 

[jwb]

sudden drop. Likely on Fed meeting minutes that said "yea, we'll raise rates if we have to".

Save us NVDA!!!

 

[FreeBaGeL]

SPY is down 0.5% and Nasdaq 0.3% and we're ruh roh'ing and asking to be saved?

Ya'll have gone soft. That's like the 657th most volatile day out of the last 1000 days.

 

[General Malaise]

SPY is down 0.5% and Nasdaq 0.3% and we're ruh roh'ing and asking to be saved?

Ya'll have gone soft. That's like the 657th most volatile day out of the last 1000 days.

Lighten up, Francois, we ARE permitted to joke around in here from time to time. Nobody in here in panicking, just commenting on the suddenness of our stonks going from green to red on the day. I haven't gone to cash for crying out loud.

 

[SFBayDuck]

Lighten up, Francois, we ARE permitted to joke around in here from time to time. Nobody in here in panicking, just commenting on the suddenness of our stonks going from green to red on the day. I haven't gone to cash for crying out loud.

Wait, but you guys said "uh oh" and "hmmmmmm". Now you're saying I shouldn't have sold all of my stonks and gone into half physical uranium and half dogwifhat?

 

[jwb]

SPY is down 0.5% and Nasdaq 0.3% and we're ruh roh'ing and asking to be saved?

Ya'll have gone soft. That's like the 657th most volatile day out of the last 1000 days.

heh yea I know. Just some goofing around in the stock thread after a few boring days. Not like anyone sold anything (I hope not).

 

[McBokonon]

Taking a shot with some $ELF calls - they report tonight. I like what a floundering Target said about beauty and ELF really only went down hard because of ULTA, not because of anything they did themselves. This is a fun money play but I do have a position in an IRA. Seems like a terrible environment to do this, but screw it.

 

[GoBirds]

Who’s buying NVDA right now?

 

[beef]

Added some NVDX because my afternoon has been boring.

 

[FreeBaGeL]

SPY is down 0.5% and Nasdaq 0.3% and we're ruh roh'ing and asking to be saved?

Ya'll have gone soft. That's like the 657th most volatile day out of the last 1000 days.

Lighten up, Francois, we ARE permitted to joke around in here from time to time. Nobody in here in panicking, just commenting on the suddenness of our stonks going from green to red on the day. I haven't gone to cash for crying out loud.

Look here whippersnapper, back in my day we didn't ruh roh for anything less than a 2% move in a 5 minute span.

 

[McBokonon]

Added some NVDX because my afternoon has been boring.

I really could have just said this with ELF and been truthful.

 

[Capella]

Who’s buying NVDA right now?

Bought some more this morning

 

[pecorino]

Who’s buying NVDA right now?

I looked at some short-dated options before the close. No thank you. The premiums are to die for.

 

[Capella]

 

[McBokonon]

Taking a shot with some $ELF calls - they report tonight. I like what a floundering Target said about beauty and ELF really only went down hard because of ULTA, not because of anything they did themselves. This is a fun money play but I do have a position in an IRA. Seems like a terrible environment to do this, but screw it.

welp - good numbers but I guess guidance was bad.

 

[beef]

NVDA will own the Universe. All of them.

 

[FreeBaGeL]

NVDA 10-1 split.

 

[SFBayDuck]

New 52-week high...away we go.

 

[beef]

Only NVDA can get INTC to go up.

 

[SFBayDuck]

New 52-week high...away we go.

....or not.....

 

[Todem]

New 52-week high...away we go.

....or not.....

Oh it is going to happen soon enough.

 

[Bossman]

bought a healthy chunk of NVDA at 790 a few weeks back due to suggestions in here by my fellow FBG's...

 

[Capella]

Rack em up baby

 

[The General]

NVDA you beautiful *******.

 

[The General]

New 52-week high...away we go.

....or not.....

Oh it is going to happen soon enough.

Didn't take long!

 

[McBokonon]

Taking a shot with some $ELF calls - they report tonight. I like what a floundering Target said about beauty and ELF really only went down hard because of ULTA, not because of anything they did themselves. This is a fun money play but I do have a position in an IRA. Seems like a terrible environment to do this, but screw it.

welp - good numbers but I guess guidance was bad.

Went from -12% initially to now slightly green once everybody remembered they sandbag every single quarter.

 

[SFBayDuck]

NVDA added a whole NKE in market cap after hours.

 

[Bob Sacamano]

NVDA added a whole NKE in market cap after hours.

They must have thinner feet than GM.

 

[identikit]

I NVDA

 

[Capella]

Nvda’s market cap crossed 2.5T. Crazy.

 

[McBokonon]

Taking a shot with some $ELF calls - they report tonight. I like what a floundering Target said about beauty and ELF really only went down hard because of ULTA, not because of anything they did themselves. This is a fun money play but I do have a position in an IRA. Seems like a terrible environment to do this, but screw it.

welp - good numbers but I guess guidance was bad.

Went from -12% initially to now slightly green once everybody remembered they sandbag every single quarter.

This escalated quickly.

 

[Todem]

Nvda’s market cap crossed 2.5T. Crazy.

We are in the very early innings of the AI revolution.

And I mean early. As crazy as this market cap seems……it’s going to continue to go higher.

In the meantime did everyone pick up some more SBUX at its 5 year low we talked about a few weeks back?

Also I have been accumulating CVS down here. Outstanding value…..and their biggest asset is? Data base….user information. Very low multiple, excellent dividend.

25-35% upside in the next 12-18 months.

 

[FreeBaGeL]

Nvda’s market cap crossed 2.5T. Crazy.

We are in the very early innings of the AI revolution.

And I mean early. As crazy as this market cap seems……it’s going to continue to go higher.

In the meantime fid everyone pick up some more SBUX at its 5 year low we talked about a few weeks back?

Also I have been accumulating CVS down here. Outstanding value…..and their biggest asset is? Data base….user information. Very low multiple, excellent dividend.

25-35% upside in the next 12-18 months.

No concerns that this could be another walgreens?

 

[Todem]

Nvda’s market cap crossed 2.5T. Crazy.

We are in the very early innings of the AI revolution.

And I mean early. As crazy as this market cap seems……it’s going to continue to go higher.

In the meantime fid everyone pick up some more SBUX at its 5 year low we talked about a few weeks back?

Also I have been accumulating CVS down here. Outstanding value…..and their biggest asset is? Data base….user information. Very low multiple, excellent dividend.

25-35% upside in the next 12-18 months.

No concerns that this could be another walgreens?

Their brick and mortar accounts for about 20% of their revenue.

This to me screams 25-35% turnaround trade inside 12-18 months.

The biggest asset in the AI revolution over the next decade is your user database and the information you have on each person.

They have a massive one. Massive.

 

[McBokonon]

We've got to be able to identify the beneficiaries of the AI boom. It won't only be NVDA. Maybe it's competition, maybe it's complementary services, maybe it's yet to be identified. Who will be the Oracle to Microsoft, the Dell to Hewlett-Packard, the Sun Microsystems to IBM?

Can Palantir be the software platform that companies rely on to leverage AI? They have a strong hold on government contracts and are moving to the commercial private sector. If they can do in private industry what they've done at the federal level, they will do very well...

I’ve been thinking about this a bit, too. Who else will benefit that hasn’t already gone parabolic? Thinking software companies like Adobe, SIs like Accenture, data center REITs, that kind of thing.

I hesitate to bring anything growthy up here anymore because how people trade and scale are different and so are risk appetites but...

They're up big recently and today but $CLS is still cheap. Using AI in logistics, growing fast.

Did anyone ever hop on the $CLS train with me? Up around 50% since I mentioned it here in February. Forward P/E still only 16.9 but obviously it's been on a tear for a while now.

 

[GennyScreamers]

Any thoughts on $ULTA? Quite a drop, but they appear to have support at $370 and ELF just had a nice pop after earnings.

 

[Bob Sacamano]

Anecdotally, my daughter and her friends seem to vastly prefer Sephora.
(My knowledge of the businesses is limited to, "Oh, pretty!!")

 

[Bob Sacamano]

Or, occasionally, "You look a little whorry. Is that really necessary?"

 

[McBokonon]

Any thoughts on $ULTA? Quite a drop, but they appear to have support at $370 and ELF just had a nice pop after earnings.

Ulta and ELF aren’t comparable. Elf is a product that is sold in ULTA and many other places. They are a low cost and fast growing alternative to pricier options. If you scroll up a little, you’ll see I bought ELF options right before market close last night because they had dropped in sympathy with ULTA, but shouldn’t have. The other reason I did it was because Target said on their earnings call yesterday that everything was terrible except for beauty. I decided that meant ELF did well since it’s in that category but consumers are pulling in the reigns a little, so maybe ELF was the real winner. That went very well!

That said, ULTA is dirt cheap, well run, and I’m watching. It does seem like Sephora is really challenging them, though. I might need to see a quarter or two and risk missing a rally.

 

[FreeBaGeL]

That said, ULTA is dirt cheap

Wow P/E ratio at 16 for a company that seems to be growing pretty steadily.

 

[McBokonon]

That said, ULTA is dirt cheap

Wow P/E ratio at 16 for a company that seems to be growing pretty steadily.

Forward P/E is only 14. Yeah, it’s cheap.

 

[identikit]

Nvda’s market cap crossed 2.5T. Crazy.

We are in the very early innings of the AI revolution.

And I mean early. As crazy as this market cap seems……it’s going to continue to go higher.

In the meantime fid everyone pick up some more SBUX at its 5 year low we talked about a few weeks back?

Also I have been accumulating CVS down here. Outstanding value…..and their biggest asset is? Data base….user information. Very low multiple, excellent dividend.

25-35% upside in the next 12-18 months.

No concerns that this could be another walgreens?

Their brick and mortar accounts for about 20% of their revenue.

This to me screams 25-35% turnaround trade inside 12-18 months.

The biggest asset in the AI revolution over the next decade is your user database and the information you have on each person.

They have a massive one. Massive.

Bought a chunk of CVS this am

Thanks for the tip

 

[Capella]

Nvda’s market cap crossed 2.5T. Crazy.

We are in the very early innings of the AI revolution.

And I mean early. As crazy as this market cap seems……it’s going to continue to go higher.

In the meantime fid everyone pick up some more SBUX at its 5 year low we talked about a few weeks back?

Also I have been accumulating CVS down here. Outstanding value…..and their biggest asset is? Data base….user information. Very low multiple, excellent dividend.

25-35% upside in the next 12-18 months.

No concerns that this could be another walgreens?

Their brick and mortar accounts for about 20% of their revenue.

This to me screams 25-35% turnaround trade inside 12-18 months.

The biggest asset in the AI revolution over the next decade is your user database and the information you have on each person.

They have a massive one. Massive.

Bought a chunk of CVS this am

Thanks for the tip

Yea I bought some the other day when he mentioned it. I owe todem multiple beers.

 

[Buckna]

CEG tearing it up. Wish I had bought it even further back than a few months ago when one of y’all mentioned it again.

 

[SFBayDuck]

CEG tearing it up. Wish I had bought it even further back than a few months ago when one of y’all mentioned it again.

No doubt. That quarter position I got with the spinoff has grown into over a 2x position!

 

[hooter311]

I'm all for dabbling and speculation but ether is a trash crypto and these ETH etfs are gonna end badly which will result in the biggest blow to crypto as a whole since FTX and SBF.

If anything, rather than buy the Etf's, buy ETH in self custody and stake it. They ETF's had to remove staking from their proposals in order to get the approval which should theoretically raise staking rates for everyone else participating.

I call ether trash because it doesn't have the supply restraints that bitcoin does which is the whole allure to me.