Talking Stocks 2.0

[beshannon]

Looks like a flat open, Jobless Claims will again be bad, earnings are coming in where expected so far

Not much new happening except people are going to continue to react to news on a minute by minute basis until there is some longer term clarity

COST increased dividend, MS earnings were ok, in line with other banks

I am continuing to look for value

[gabrielnovar]

Originally Posted by healer

I’m seeing a lot of people here holding on to there cash and I don’t see anything wrong with it. I on the other hand is all in starting today.I put in anything that I want to put in. I’ve never knew I can put in so much money in stock;) I wish everybody good luck. I’ll be watching you guys from the sideline from this point onwards. Thanks to all of you and I promise myself never to open my account but to only check if any of my stocks company will go bankrupt;): time to move on with real life.lol I got addicted in stock I’ve been checking everyday that I’m missing out on a lot of things. Hahahahhahahaah I know I know.... thanks again And I’ll be around;)

same, unless you are 60-70 why would you look for value. We have a gift to 10x our ports on the next bubble.

[m j b]

So, I was watching CNBC yesterday and came across two stocks by accident (looking for other companies) and these are both contrarian plays, companies in industries hurt by the economic downturn. Curious what others think. I will likely buy on further pullback.

SPG - Simon Property Group. A REIT, commercial retail holdings, outlet malls, big box, etc. Down about 50% from former trading range. Dividend not yet suspended. Note that they own some buildings that Cheesecake Factory is a tenant, and they're not planning to pay rent.

EEX - Emerald Holding Inc. A company that does B2B trade shows. Obviously none of that is going on right now. Dividend suspended. Stock down about 80% from former trading range.

[JParm]

Originally Posted by m j b

So, I was watching CNBC yesterday and came across two stocks by accident (looking for other companies) and these are both contrarian plays, companies in industries hurt by the economic downturn. Curious what others think. I will likely buy on further pullback.

SPG - Simon Property Group. A REIT, commercial retail holdings, outlet malls, big box, etc. Down about 50% from former trading range. Dividend not yet suspended. Note that they own some buildings that Cheesecake Factory is a tenant, and they're not planning to pay rent.

EEX - Emerald Holding Inc. A company that does B2B trade shows. Obviously none of that is going on right now. Dividend suspended. Stock down about 80% from former trading range.

I personally wouldn't touch them, as those seem to be two groups that will be left in the dust post-COVID.

With all of the remote work and business going on, I think trade shows / brick and mortar won't be as big of a business as they once were. There will always be a place for these types of things, but I do feel that you could find better value elsewhere.

[beshannon]

Originally Posted by m j b

So, I was watching CNBC yesterday and came across two stocks by accident (looking for other companies) and these are both contrarian plays, companies in industries hurt by the economic downturn. Curious what others think. I will likely buy on further pullback.

SPG - Simon Property Group. A REIT, commercial retail holdings, outlet malls, big box, etc. Down about 50% from former trading range. Dividend not yet suspended. Note that they own some buildings that Cheesecake Factory is a tenant, and they're not planning to pay rent.

EEX - Emerald Holding Inc. A company that does B2B trade shows. Obviously none of that is going on right now. Dividend suspended. Stock down about 80% from former trading range.

While I do not have any comments on those two, this is what I have been doing myself. There are companies that will be able to weather this chaos, many have solid balance sheets and have committed to paying the dividends.

If you can find companies like this that you can buy and hold at discounts of 50% or more, that is truly what investing is all about.

I have been looking to add several names and am researching GLX, SNY, UL, MMM, RTX, QCOM, BAC, STOR

I have already averaged into MSFT, SBUX, AVGO and VZ all are up since I lowered my basis

Lots of work to be done but lots of opportunity.

While many bemoan headlines, there are real values if you dig hard enough

[m j b]

Originally Posted by beshannon

I have been looking to add several names and am researching GLX, SNY, UL, MMM, RTX, QCOM, BAC, STOR

Can't find GLX.

3M is a great company.
QCOM is... well, I used to own them. I don't know if all of those lawsuits have been settled.
STOR is a REIT, so that's a big risk/reward thing, like SPG.
All the others are good companies.

Not that you care what I think. But thanks for the ideas. I may buy some 3M and maybe STOR later.

[beshannon]

Originally Posted by m j b

Can't find GLX.

3M is a great company.
QCOM is... well, I used to own them. I don't know if all of those lawsuits have been settled.
STOR is a REIT, so that's a big risk/reward thing, like SPG.
All the others are good companies.

Not that you care what I think. But thanks for the ideas. I may buy some 3M and maybe STOR later.

My apologies, GSK (Glaxo)

300mm to buy on the open, futures up nicely on known jobless claims numbers

Bright spots:

Julia Boorstin Retweeted
Kate Rogers
@katerogers
·
25m
New:
@Starbucks
sharing guidance on path forward. CEO says:
-will open stores in modified formats: Drive-thru, Delivery, MOP, Entryway handoff only
-Decisions will be made on a community and store basis
-Will depend on local status of crisis, guidance from health govt. officials

[beshannon]

Market faded the open, buying was met with selling, DOW is down but the S&P is higher.

Seeing buyers shift to safer names that will continue to do well

[logo]

V, MA, AXP all continuing to take decent sized hits, AXP especially.

[beshannon]

Originally Posted by logo

V, MA, AXP all continuing to take decent sized hits, AXP especially.

I think they ran too far too fast with people thinking that business would pick back up sooner

I would be looking to add V below 140, AXP is also on my list below 70

[BroncoOne]

Originally Posted by m j b

Can't find GLX.

3M is a great company.
QCOM is... well, I used to own them. I don't know if all of those lawsuits have been settled.
STOR is a REIT, so that's a big risk/reward thing, like SPG.
All the others are good companies.

Not that you care what I think. But thanks for the ideas. I may buy some 3M and maybe STOR later.

STOR and O are REITs but unlike Simon they own a lot of single tenant triple net leases (especially O) with major brand franchisees (think BK, Dunkin, Dominos, Popeyes, Pap Johns etc) . Those tenants are well positioned to pay their rents as they were organized as groups to cash in on PPP loans. They got to the front if the line so their landlords ought to be OK as opposed to mall landlords. And, unlike malls, most of their tenants remain open as they excel in delivery and take out food service.

[logo]

Originally Posted by beshannon

I think they ran too far too fast with people thinking that business would pick back up sooner

I would be looking to add V below 140, AXP is also on my list below 70

I agree V below 140. AXP I think is a good deal at any price below 100, but especially below 70 haha

[acrds1]

Hello, everyone I rarely ever comment in any threads but figured I would chime in here. I have been looking at HI for the past few days. Does anyone else think that it may be a bargain under 19?

[EEpro]

Vanguard gathered 3x the new money as Blackrock so far this year. Mom and pop have official agreed to hold the bag.

[JParm]

Added positions to APHA today - not a user myself, but has the upside that could prove fruitful for those looking for a cheaper stock.

As usual, do your own research, but I think they are a viable market leader candidate if you want exposure to another potentially high growth industry.

[beshannon]

Originally Posted by logo

I agree V below 140. AXP I think is a good deal at any price below 100, but especially below 70 haha

Not sure why you laugh?

Being disciplined is part of a successful investing plan. AXP hit 67 back on 3/18 and with so many people looking for a retest of the lows it is entirely possible to get AXP below 70.

[Dubshack]

Originally Posted by m j b

So, I was watching CNBC yesterday and came across two stocks by accident (looking for other companies) and these are both contrarian plays, companies in industries hurt by the economic downturn. Curious what others think. I will likely buy on further pullback.

SPG - Simon Property Group. A REIT, commercial retail holdings, outlet malls, big box, etc. Down about 50% from former trading range. Dividend not yet suspended. Note that they own some buildings that Cheesecake Factory is a tenant, and they're not planning to pay rent.

EEX - Emerald Holding Inc. A company that does B2B trade shows. Obviously none of that is going on right now. Dividend suspended. Stock down about 80% from former trading range.

Just my opinion, but I’d steer clear of companies with big mall exposure, and focus on companies that own mainly grocery anchored centers.

Grocery anchored centers are still driving consumer traffic. Not sure when malls will be reopened and what they’ll look like post-Covid.


Sent from my iPhone using Tapatalk

[beshannon]

Markets stuck between hope and reality, many stock doing well in the current stay-at-home environment.

I think we stay in this sideways trading range (S&P 2650 - 2850) until the picture becomes more clear

I added small MS today after seeing the CEO interview and looking at their balance sheet and ratings. I think the financials represent a value just like 2008, if you want to be patient and wait

[Doc Savage]

Originally Posted by Dubshack

Just my opinion, but I’d steer clear of companies with big mall exposure, and focus on companies that own mainly grocery anchored centers.

Grocery anchored centers are still driving consumer traffic. Not sure when malls will be reopened and what they’ll look like post-Covid.


Sent from my iPhone using Tapatalk

You beat me to it.

Malls have been on the decline for years, and this crisis is crushing them now and will likely speed up their long term demise. I would also avoid them as a long term hold, but they may provide short term opportunities.

[Bruin Watch]

Originally Posted by beshannon

Markets stuck between hope and reality, many stock doing well in the current stay-at-home environment.

I think we stay in this sideways trading range (S&P 2650 - 2850) until the picture becomes more clear

I added small MS today after seeing the CEO interview and looking at their balance sheet and ratings. I think the financials represent a value just like 2008, if you want to be patient and wait

Agreed and agreed. MS seems to be a good play based on their own BS and ratings, but gets mixed in with other 'banks' and seems to be discounted right now as a result.

[logo]

Originally Posted by beshannon

Not sure why you laugh?

Being disciplined is part of a successful investing plan. AXP hit 67 back on 3/18 and with so many people looking for a retest of the lows it is entirely possible to get AXP below 70.

I apologize if my typed response came off wrong, the trouble with typing rather than speech I suppose. I’m not disagreeing with you, it is possible to hit 70 (though not guaranteed), and I agree regarding discipline. My laughter was not intended as malicious or anything - just in a casual way to suggest that “yes absolutely 70 would be a fantastic price point!” I’m just stating that I think AXP is a deal even if it’s not down that far again, and if one is disciplined then buying somewhere near the current price could still potentially offer good returns in the future. We all know that trying to time the market is not easy, but waiting to hit your own personal price target is also important, as you’ve mentioned. We’re on the same page I think.

[JParm]

Sold most shares of GOLD today, as I don't see much upside left after buying in at a great price near the bottom.

Following article is not the only reason why I did it, but coupled with the rest of my analysis, it made the most sense:

https://www.barrons.com/articles/gol...?mod=hp_LATEST

[beshannon]

Originally Posted by logo

I apologize if my typed response came off wrong, the trouble with typing rather than speech I suppose. I’m not disagreeing with you, it is possible to hit 70 (though not guaranteed), and I agree regarding discipline. My laughter was not intended as malicious or anything - just in a casual way to suggest that “yes absolutely 70 would be a fantastic price point!” I’m just stating that I think AXP is a deal even if it’s not down that far again, and if one is disciplined then buying somewhere near the current price could still potentially offer good returns in the future. We all know that trying to time the market is not easy, but waiting to hit your own personal price target is also important, as you’ve mentioned. We’re on the same page I think.

All good, AXP is more exposed to the current situation than V or MA since they are the issuing bank for their cards, Buffet has lost a lot of money on this position and I think it may trade down again if this drags on into the third quarter

[cornerstore]

Another paint the tape job today by the string pullers.

[JParm]

After hours trading causing a nice bump with some of the headlines. Whether this translates to tomorrow...

[beshannon]

Originally Posted by jpeezy14@hotmail.com

After hours trading causing a nice bump with some of the headlines. Whether this translates to tomorrow...

GILD is up 15% after their antiviral drug Remdesivir shows promise

The Futures are up DOW +372 and S&P +55 on the Mini before trading opens at 6 pm

Need to wait and see but this is what I have been looking for, the possibility of upside surprises has always been greater than the downside and this is exactly why you do not try to time the markets and why you do not sell and run to cash which pays you nothing.

[JParm]

Originally Posted by beshannon

GILD is up 15% after their antiviral drug Remdesivir shows promise

The Futures are up DOW +372 and S&P +55 on the Mini before trading opens at 6 pm

Need to wait and see but this is what I have been looking for, the possibility of upside surprises has always been greater than the downside and this is exactly why you do not try to time the markets and why you do not sell and run to cash which pays you nothing.

Absolutely agree. Every profit we've taken has gone right back into the market at more valuable positions.

[cornerstore]

More unemployment, longer quarantines, throwing food away, auto sales and realty sales plummeting and no real solutions at hand, at this rate the market will eclipse all time highs soon. Nasdaq new corporate motto is - why let reality get in the way of juiced trading.

[vipereaper30]

Originally Posted by cornerstore

More unemployment, longer quarantines, throwing food away, auto sales and realty sales plummeting and no real solutions at hand, at this rate the market will eclipse all time highs soon. Nasdaq new corporate motto is - why let reality get in the way of juiced trading.

Lol this is what I keep telling myself as my shorts are kicking my rear!

[YYZed]

Originally Posted by beshannon

GILD is up 15% after their antiviral drug Remdesivir shows promise

The Futures are up DOW +372 and S&P +55 on the Mini before trading opens at 6 pm

Need to wait and see but this is what I have been looking for, the possibility of upside surprises has always been greater than the downside and this is exactly why you do not try to time the markets and why you do not sell and run to cash which pays you nothing.

This news seems like it has the potential to impact the market at large (at least tomorrow) to a significant degree.

Curious, How many of you have afterhours trading ability? Is it worth seeking out an investment account that offers this?