Deutsche Bank, KeyBanc and RBC all increased their position in the stock before earnings. Go figure the stock hops on earnings. It was a rewarding day to buy pre-earnings. I’m not a big fan that credit karma transferred to cash app to do taxes so I wonder if cash app will benefit from that.
When every company wants to have a streaming service in order to compete with cable they find themselves lacking rights to stream anything because studios and streaming giants hold a monopoly on those rights. Survival of the fattest (more content means higher likelihood to survive).
I love $SPT stock so much I decided to buy at this level. I’m glad it came back down because I was hoping to buy while it was still too rich for my wallet. At this level, after positive earnings and revenue it is the second juiciest stock in my portfolio after $UPST
Anybody who own $SOFI wonder about why Goldman Sachs would downgrade the stock after their acquisition increases their ability to increase revenue? I will be buying this stock after hype cools today because it is cheap. I understand that the lending and trading sector is very competitive but I think for the price it is worth it. Does anyone think the stock is still expensive compared to their ability to generate cash?
After visiting the grocery store I’ve noticed that prestigious brands are delaying compared to store brands. Big retailers like Walmart, Target and Kroger have better logistics compared to the other brands they carry and may benefit from always having store brands available. I’ve never traded the retail sector but I’m definitely giving the sector another look now that their shelves are looking empty. Earnings are going to look ugly for $WMT$TGT$KR