FEBRUARY 26, 2021. Soaring growth seems everywhere just now. O.K. well, big growth isn’t created equal. Big growth can blow your socks off in a day, or burn your portfolio to the waterline. Or? You can turn to pure value, and watch it creep cautiously toward cozy single-digit annual returns. Or? You could look at Pinterest. As of pre-market Friday PINS has returned 129% over the past six months. Is that value? Pinterest is not just offering soaring returns. The stunning growth is underpinned by real fundamentals. Think 76% y/y revenue growth. That’s value right? And that’s why we’re talking “PINS. Driving Point.”Read more
FEBRUARY 20, 2021. Retail investing means dancing with the big money. The subject is money and the object is to get it–from us. It’s always worked that way, until Reddit traders turned the tables and nearly squashed Melvin Capital. What does that mean? That for the first time in history the retail investor flipped the game on the predacious big money gangs. How was this Reddit move described? A “flash mob.” Retail investors have been the strategic target of stunningly-sophisticated “firms” forever. How?
Think account management fees, account maintenance fees, trading fees, commissions, the 2/20 hedge fund structure, and private equity’s short selling schemes, a practice that works, and profits, against every long retail investor. “You–the Real Retail Target.”
FEBRUARY 8, 2020. Santa Clara California’s a semiconductor cage match and AMD’s there. AMD is also a bullet-train of growth. Out of 17 stocks we track in the space, AMD’s at the top in returns over six months, and 2nd YTD. And if you need a lift buy their stock, because they won’t be slowing to pluck you off the street.
“Street” you repeat? Well, you know Wall Street’s awesome. Think AMD. Where does the street send you when you beat? Lower. And whadda you get when you dominate? A grubby paper bag clinging to a sweaty 40oz. What did you expect?
Respect? Whadda you get for retina-detaching 300% y/y EPS acceleration? You get a 6% kick low in the gearbox.
Exactly why is Wall Street awesome again? Because they don’t take checks. You gotta pay in blood, even If you are the 500’s top performer 2019. But that’s O.K., because everybody’s still “Jonesing’ for Tiny Devices. AMD. Lift Your Love Lamp.”
OCTOBER 15, 2019. Standing butt-naked on the beach–is that a dividend? Maybe that’s the joy. Either way, there you are. Why? You found your dividend, and they pay, everyday. What would you do to get there? We learned what to look for and we’re sharing. We also came to terms with a criminal bank. Wouldn’t you? Wells is different now. “Really?” you question. Naw, not really–maybe. Corporate culture is as difficult to change as a raging surf. Besides, crime pays well, for a while. Wells knows.
Once and for years Wells was run like some rum-poisoned pirate ship. Former CEO John Stumpf’s gone, replaced by a tenured insider present for all the criminality. Absolutely nothing else has changed, except for the firing of thousands who were only following heavy-handed dictates of senior management bent on committing sprawling fraud. He’s gone too. Now there’s a new guy coming. He’s the FNG. So, let’s say Wells is in progress.
Meanwhile, Morningstar pins a $58.00 price target on the stock. That suggests a 16% up move from here. That’s without the 4.15% dividend. Is it worth it? What makes any dividend stock worth owning? We use wells and a new Barron’s article as examples and lessons.
We pose all the proper dividend questions. STOCKjAW talks “Dividend Joy. How Now.”
SEPTEMBER 24, 2019. Apple isn’t Amazon. It’s China locked–big time. Nor is it exactly cheap. Some can’t decide. It’s either 18 trailing and 19 forward, or the other way round. Anyone worried about that shouldn’t buy Apple. Owning shares of Apple is like owning a slice of a country. AAPL doesn’t have revenue. It has GDP. Thousands of companies collaborate to create those ultra-sleek marvels. Does that matter?
GDP drops during any recession. Being big doesn’t stop that. Last night Jim Cramer stared into the camera and said “It’s not trading on fundamentals.” But he was talking about JNJ. “It’s mammoth” he said, and “JNJ’s trading on opioid headlines.” We said that in our piece “Off Label” back in August.
So what’s JNJ have to do with Apple now? Both are involved in complications that can’t be measured. For JNJ it’s a blizzard of full-ugly lawsuits, and Apple’s global fishing net of component supplies, most in oppositional China. Anybody know what they’re gonna do?
Apple has more money than Italy. That’s good because it will take money to thrive if economies dive. What else does Apple have? “A Nine Worms Apple? Tell Me No.” STOCKjAW takes a bite(Cover photo; Apple Store, Union Square, San Francisco.)
AUGUST 2, 2019. Summer’s end always seems near when the calendar opens on August. Who doesn’t feel it? The pool splashes on, but not the same. Seasons’ change fills the air, and it fills the air for Ford.
It’s been 116 years since the T and 57 more since the Mustang. Every Ford from then to now has been pushed by gas. Gas is now sad. As the planet chokes the auto industry shambles for form–compact, sedan, gas, big, small, diesel, shared, hailed, hybrid, or EV. It’s the menu at McDonald’s.
Some say the Germans are in the lead, again, soon to be offering real choice. The Chevy Volt’s a joke, and the Toyota Prius isn’t. The Tesla galaxy’s in trouble. Musk’s on a leash, as is our Great Electric Hope.
America’s need is grand and we hate limits. Besides, where you gonna plug-in?
Ford’s trucked between the battery technology rock, and the environmental hard case. Meanwhile the company lives on big products that rely on cheap gas. Now they’re livin’ on a big dividend promise as well. The vice is closing, socially, despite the price of gas and the shale revolution. If it runs on gas its’ time is running out. Ford. Fabulous Still? (Lead photo; Sunset over Detroit.)
JULY 5, 2019. Facebook didn’t charge you up-front. FB played your back side, the data usage shell game. Roku does both and more. Roku deceives you up-front, charges you for their device, then leverages an account and a c card to activate what you already paid for, tracks your every move, pimps you with the ads you sought to dodge, shares your personal and viewing data, and then assists others in their attempts to target and track you. Roku is the new cable, on steroids.
Free was never free and Facebook illustrated such. The old East Germany was never free and the Stasi showed that. Today many simply flip their privacy away like a cigarette butt. Years ago Zuckerberg declared blithely that “privacy is dead.” FB then created the standard of contempt for “privacy” in the digital age. None. Like Daniel Ortega he’s now on the other side of that. Whatever it takes.
Along came TiVo, and their DVR surveillance platform. TiVo brought advertisers right on to your sofa. Only one step remained. Direct surveillance. Apple’s now got that covered–auditory and visual surveillance. No? Sharp consumers found the Apple camera in their digital assistant. There’s also Mitsubishi TV. They also tell you, after you buy and install.
Is it only Us? Little things create character. Roku is dishonest, by omission. “So what?” Dishonesty displays contempt. Dishonesty in business displays contempt for both you, and the business you bring. Honesty means saying “Credit card required to activate.”
But they don’t. If Roku games you like that from the very start, what else do you think they’re willing to do? Sj shows you.
Contempt, “the feeling that a person or a thing is beneath consideration, worthless.” -Google. That’s why Sj is “Turd Spotting. Roku. The New Cable.”
JUNE 30, 2019. Social media got it wrong. The real quote is “If it’s not on TV it didn’t happen.” Investing talk happens on TV. A lot of other things are going on at the same time, on the same exact channel. As Americans we could package a totaled dump truck with the most delicate diamond ring, and both would arrive “all good.” Same same with financial TV. Enjoy.Read more
JUNE 27, 2019. Alexander Bell wasn’t thinking banking when he unwound some wire to create a connection. Quaint it seems now, the notion of telephones for talking. Who talks? Phones are for textual grunts, photos, useless apps, and moving money. Nothing stays the same, and caring just gets in the way. That’s why there are museums. That’s also like our big, old, banks. Soon they will need parks, just like dinosaurs, for those who wish to remember.
Moving money used to be hard, and physical. Slow and expensive marred the experience while Western Union provided the piratical pricing. Western Union increasingly looks like Xerox, a company looking for a future. It’s about to get much worse for them.
JPM is far more than either of those dinos, and more then a money mover. But who cares?
Many would say JPM is the best at what it does However some of what it does is caught in a costly change, and under pressure. Should you want any? Commissioner Gordon could be about to hard-beam the Bat Signal over big banking.
MAY 30, 2019. Summer comes. The heat boils up your neck and beads down your back, and then it’s over. Once again days shorten. Again we miss the blazing light and glance quickly back wondering where it all went. A perspective falls naturally into place.
Summers don’t come off a rack. They are not stock. Each is unique, in its’ own way. Patterns shift. Yet each year we stare past a sunglass and feel a solidarity with others–people we don’t know, yet sense a unity with in this thing we know as life, and heat, and prolonged unfolding. Amen to that, because together we’re at our strongest. That’s one thing that brings us to this page.
Stocks are only part of our days. But we love it–honestly we do, or we wouldn’t bother. You’ve heard it before “Sell in May and go away.” Summer action is a slower, even sleepy time, traditionally. Many money managers actually go on vacation. Funds go on auto-pilot. The French abandon their desks. They flee a heated Paris for a month and live. God knows the Italians do. They understand. Perhaps there’s a clue here, for us, concerning stocks, and a sweaty stressed stupid market, in need of a flighty butterfly heart. It’s summertime.