Talking Stocks 2.0

[austinp]

INTU is on the move this morning. Its one I’ve had for 20yrs and is a long term hold for me.


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[JParm]

Originally Posted by JWD531

Don’t iPhone users ALWAYS need an upgrade in a year or two?

I keed... I keed...


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so true...

[beshannon]

Originally Posted by JWD531

Don’t iPhone users ALWAYS need an upgrade in a year or two?

I keed... I keed...


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Well the same thing can be said for all consumer products.

How many people come to the forum asking about this years new Rolex models? Desperately seeking info on new releases and discontinued items?

This is ingrained in a consumer culture. The reality is that the larger the installed base the larger the upgrade numbers are seen and analyzed for better or worse.

The service revenue and the adoption rates of wearables and cloud are the real keys, the phone is just the way in.

[beshannon]

Originally Posted by austinp

INTU is on the move this morning. Its one I’ve had for 20yrs and is a long term hold for me.


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Nice beat by them and also a piece on INTU trying to buy BIGC

https://seekingalpha.com/news/360416...merce-ipo-cnbc

[JParm]

Originally Posted by austinp

INTU is on the move this morning. Its one I’ve had for 20yrs and is a long term hold for me.


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Originally Posted by beshannon

Nice beat by them and also a piece on INTU trying to buy BIGC

https://seekingalpha.com/news/360416...merce-ipo-cnbc

Intuit's a great company; I had a chance to visit their HQ and I came away very impressed.

If they scooped up BIGC, that would be a huge move into the e-commerce space for them.

[AshCashEmAll]

Originally Posted by jpeezy14@hotmail.com

Intuit's a great company; I had a chance to visit their HQ and I came away very impressed.

If they scooped up BIGC, that would be a huge move into the e-commerce space for them.

We might not ever get that dip on bigc. should’ve bought today but I guess you had a point on waiting for some financials. Guess we will see on September 9


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[JParm]

Originally Posted by AshCashEmAll

We might not ever get that dip on bigc. should’ve bought today but I guess you had a point on waiting for some financials. Guess we will see on September 9


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Haha, yes - good for those that got in thus far, but I'm willing to wait to see how the company performs over a few months (or quarters) before jumping into a fresh IPO.

[JWD531]

Originally Posted by beshannon

Well the same thing can be said for all consumer products.

How many people come to the forum asking about this years new Rolex models? Desperately seeking info on new releases and discontinued items?

This is ingrained in a consumer culture. The reality is that the larger the installed base the larger the upgrade numbers are seen and analyzed for better or worse.

The service revenue and the adoption rates of wearables and cloud are the real keys, the phone is just the way in.

Yep, the example I always use is that HP makes a ton more money on ink than they do on printers. I was primarily implying my own frustration with my iPhone always being obsolete every few years - thank goodness my company replaces mine every two years (yet still annoying).


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[beshannon]

Facebook says new iOS update could trim in-app ad business by more than half

https://seekingalpha.com/news/360904...-business-half

Great news for those who do not like having their data sold and spied on just for using a device.

[mbalmz]

Originally Posted by JWD531

Yep, the example I always use is that HP makes a ton more money on ink than they do on printers. I was primarily implying my own frustration with my iPhone always being obsolete every few years - thank goodness my company replaces mine every two years (yet still annoying).


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they're not at all obsolete every few years... they just need a new battery!

(this wisdom comes in my capacity as an iphone owner and not as an AAPL shareholder )

[JParm]

https://www.fool.com/investing/2020/...-are-they-buy/

More info on APPS.

Not as large part of my portfolio, but the growth possibilities are enough to warrant a long position IMO.

I have 10 positions at the moment, and not looking to add anymore companies...but I'm always watching, so you never know.

Prefer to just accumulate shares in my current holdings.

[scarlet knight]

Originally Posted by mbalmz

they're not at all obsolete every few years... they just need a new battery!

(this wisdom comes in my capacity as an iphone owner and not as an AAPL shareholder )

Sell the razor for a modest amount, charge a lot for the blades.

[mbalmz]

Originally Posted by scarlet knight

Sell the razor for a modest amount, charge a lot for the blades.

not sure this is the right analogy... the batteries are like $50!

[-dustin]

NIO...I'm struggling with it. Not sure if it's hype or the real deal. Been bugging me since Friday.

[logo]

Originally Posted by -dustin

NIO...I'm struggling with it. Not sure if it's hype or the real deal. Been bugging me since Friday.

The entire market is hype and FOMO. Personally not touching it at this point.

[JParm]

Originally Posted by -dustin

NIO...I'm struggling with it. Not sure if it's hype or the real deal. Been bugging me since Friday.

Total hype IMO. If you need to be in the electric vehicle space, there truly is one obvious leader there.

[scarlet knight]

Originally Posted by mbalmz

not sure this is the right analogy... the batteries are like $50!

Think printers and ink cartridges for a more modern example.

[mbalmz]

Originally Posted by scarlet knight

Think printers and ink cartridges for a more modern example.

I understand that but you're missing my point.

iPhones cost $1,000; batteries cost like $50 and you only need to buy one after 2-3 years.

not similar to razors/ink cartridges or whatever other analogy you come up with...

[-dustin]

Originally Posted by logo

The entire market is hype and FOMO. Personally not touching it at this point.

Originally Posted by jpeezy14@hotmail.com

Total hype IMO. If you need to be in the electric vehicle space, there truly is one obvious leader there.

Works for me.

[cornerstore]

Tesla bear says stock is 'detached from reality,' predicts $87 price target

https://www.google.ca/amp/s/ca.finan...180905935.html

[supernova]

Originally Posted by JWD531

Don’t iPhone users ALWAYS need an upgrade in a year or two?

Definitely different this year as there hasn't been a big physical redesign in about 4 years. Couple that with 5G capabilities and we have what they are calling a super cycle on our hands this year. I personally know so many that are upgrading this year. I'm definitely long AAPL.

FB doing well too, glad I caught the dip with the ad boycott dropping it to 200 not long ago, that was never going to last long.

[logo]

Originally Posted by cornerstore

Tesla bear says stock is 'detached from reality,' predicts $87 price target

https://www.google.ca/amp/s/ca.finan...180905935.html

What a friendly bear. Some might say “detached from reality” is sugarcoating.

[JWD531]

Originally Posted by supernova

Definitely different this year as there hasn't been a big physical redesign in about 4 years. Couple that with 5G capabilities and we have what they are calling a super cycle on our hands this year. I personally know so many that are upgrading this year. I'm definitely long AAPL.

FB doing well too, glad I caught the dip with the ad boycott dropping it to 200 not long ago, that was never going to last long.

Ya, I am also long AAPL and FB (got in at that same dip around 214 or 216 can’t remember - but it was a no brainer). My wife’s iPhone has been ready for an upgrade once she got, but that was because she dropped it lol (the internals vibrate at every notification, even the silent ones). We’ll also be upgrading hers this year.


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[cornerstore]

CRM -Salesforce, announces record earnings and then fires 1000 people. Real Classy move.
https://finance.yahoo.com/news/sales...192534391.html

[beshannon]

Watching GDP numbers and comments from Jay Powell. I expect that the statement from the Fed will be largely unchanged.

Hurricane Laura will add pressure to the materials space which is already seeing very high demand and HD, LOW and others in the construction space will likely keep moving higher.

https://seekingalpha.com/news/360922...l-in-louisiana

Floor & Decor and other retailers expected to pick up extra hurricane-related sales

https://seekingalpha.com/news/360931...-related-sales

[beshannon]

Jerome Powell, Hurricane Laura, TikTok, Abbott - 5 Things You Must Know Thursday

https://www.thestreet.com/markets/5-...hursday-082720

[JParm]

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

Quick decision to give up on that difficult post, huh? And I bet he regrets the decision to leave DIS so fast too.

[JParm]

https://www.cnbc.com/2020/08/27/powe...or-longer.html

We'll see how the market reacts. Just sharing the news here; I'm no expert when it comes to inflation and have no real insight / opinion either way.

[beshannon]

Originally Posted by jpeezy14@hotmail.com

https://www.cnbc.com/2020/08/27/powe...or-longer.html

We'll see how the market reacts. Just sharing the news here; I'm no expert when it comes to inflation and have no real insight / opinion either way.

Futures moving higher with the speech, inflation is already here just not across the board that moves the needle towards 2%. Food, Lumber, Gold . . . but the employment picture is key

[JParm]

Market does seem to be taking Powell's message relatively well thus far.

https://seekingalpha.com/news/360929...ection-company

Excellent acquisition by FSLY here; they continue to make great strides to strengthen the company.