Tag: Stocks

This past week Facebook was upgraded by Nomura Instinet with a price target of $215 (just $3 shy of its all-time highs).  On the news the stock price rose to its highest level since August of 2018.

Nomura Instinet cites, the negative press from last year is a tailwind, increased margins and increased regulations will make the company stronger as the reasons for their $215 target.

But is the negative press / scandals from 2018 really tailwinds at this point. Federal prosecutors are conducting a criminal investigation into data deals Facebook struck with some of the world’s largest technology companies. As

I’m assuming you know the whole story about Blockbuster’s demise due to Netflix.  But in a nutshell, Netflix went digital and ended Blockbuster’s physical distribution reign.

Source

GameStop Corp. operates as a multichannel video game, consumer electronics, and wireless services retailer. The company sells new and pre-owned video game hardware; video game software; pre-owned and value video games; video game accessories, including controllers, gaming headsets, virtual reality products, memory cards, and other add-ons.

Do you see where I’m going with this post?

Second-hand games are a multi- billion dollar market.  Yes, GameStop has most of that market share, but the opportunity breeds competition.   Not

The global marijuana / medical marijuana industry is forecasted to be at least a $500 billion industry and we are just in the first inning of a nine inning ball game. 

And there are many companies out there that want to be a player and not a spectator in the game.  The most recent homerun was in December when President Trump signed the Farm Bill into law to legalize the production and sale of hemp and cannabidiol (CBD) derived from the hemp plant.

This past week, Altria Group, Inc. (MO) announced the completion of its approximately USD $1.8 billion investment in Cronos

It’s been over seven months since I last talked about Chipotle.

The Moment Of Truth For Chipotle

After years of news flashes of Chipotle food making people sick, Chipotle hired a new CEO, Brian Niccol earlier this year. At Taco Bell, Niccol was known for food menu innovation as well as driving technological advancements to the customer ordering process.

However, Niccol has something up his sleeves. Digital sales grew by 33% and delivery sales were up 300% in the second quarter. Another way to put this in perspective is online orders were $17 each vs. in store orders of $12. Niccol is hoping

Ever since Snap announced their fourth quarter earnings no Feb. 5, the stock has been on a tear.  During the earnings call, Snap posted a narrower-than –expected loss, communicated that the number of daily active users have stabilized and their Collection Ads, which enable a business to showcase four products in a single Snap, drove over twice the return on ad spend versus Q4 2018.

Snap shares are now up more than 100% year to date and on Thurs received a vote of confidence when a once bearish analyst, BTIG’s Richard Greenfield, upgraded the stock from Buy from Neutral and set

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States and Canada.  One of the smartest things Devon Energy did years ago when natural gas prices were depressed and stayed depressed was get rid of his natural gas land reserves and invest in more oil land reserves.

But then they did something even smarter, they invested in the right oil land reserves which consist of: the Delaware Basin, the Powder River Basin and the Eagle Ford Shale. 

Thus, as long as oil prices stay above

Although Roku reported mixed guidance in last month’s third-quarter earnings report, Roku remains one of the fastest growing leaders in video streaming technology.

About 10% of U.S. TV viewers aged 18 to 34 are now on Roku and 10 million of its users do not have a linear TV bundles.

The platform works. There are now 23.8 million users relying on Roku — up 43% over the past year — but that is just one of the three pieces of this stacked engagement cake. The final nugget to consider is that average revenue per user is up 37% to $17.34 over the

Dick’s Sporting Goods, Another Retailer That Going To Bit The Dust – Part II

It’s been over six months since I last talked about Dick’s Sporting Goods.

Dick’s Sporting Goods, Another Retailer That Going To Bit The Dust

The CEO, Stack went on to say during the conference call that the challenges with Under Armour should subside in 2019, as Dick’s finds new inventory — including fresh items from Under Armour — to fill its shelves.

I think Dick’s future doesn’t look great. Stack is talking about filling their shelves with fresh items. Maybe I should show Stack the picture below and introduce

After the Federal Aviation Administration issued a statement late yesterday on its decision to keep the Boeing 737 Max planes flying, today they reversed course after reviewing new evidence collected at the site and satellite data. 

Boeing released a statement stating they are in support of FAA’s decision and are doing everything they can to find out the cause of the accidents and resolve the issue. This announcement was in addition to Trump issuing an executive order grounding all Boeing 737 Max 8s in the US.

President Donald Trump said he is issuing an executive order Wednesday grounding all Boeing 737 Max