Talking Stocks 2.0

[JParm]

Originally Posted by chadwick4eva

Personally I would rather invest in the companies that have huge cash flows, management teams that demonstrate they can achieve solid revenue growth WITH corresponding earnings growth, predictable business models, low amounts of debt, and best in class products. The tech companies I believe do fit that bill are AAPL, AMZN, NVDA, ADBE, NFLX, GOOG, CRM, some of the credit card companies (V, AXP, MA). I'm sure there are others, but those are the ones I have some stake in.

The recent hot IPOs of doordash and airbnb reminded me of the story of groupon. Remember groupon? That online coupon business that was supposed to change how people shopped locally and a hit in the e commerce space? Well, look at them now:

I don't disagree - I'm in 10 holdings, and the top 4 by weight for me are SE, GOOGL, AMZN, PINS, FB.

I'm not interested in the other IPOs; U has a strong business model and is a 3D / gaming leader, and I got in at what I feel is a good price. Otherwise, I wouldn't be chasing here.