Downside to P/E is it doesn't take into account debt/leverage and growth. if interest rates really rise, big debt is bad. For discussion, did back of envelope calculations taking into consideration cash/debt and looking forward just 1 year. Figures from finviz, formula from link. https://www.sharesmagazine.co.uk/article/how-to-adjust-price-to-earnings-ratios-for-debt-and-cash ATKR CAP = 3.03b P/E = 16.27 Fwd P/E = 13.4 Net Debt (debt - cash) = 620m Shares Outstand = 46.92m Fwd EPS = 5.05 debt/cash adjusted CAP = 3.65b debt/cash adjusted Share price = 77.79 debt/cash adjusted P/E =18.7 debt/cash adjusted FWD P/E = 15.4 GM CAP = 73.38b P/E = 11.88 Fwd P/E = 8.29 Net Debt (debt - cash) = 80.8b Shares Outstand = 1,440m Fwd EPS = 6.19 debt/cash adjusted CAP = 154.2b debt/cash adjusted Share price = 107.08 debt/cash adjusted P/E = 24.8 debt/cash adjusted FWD P/E = 17.3 GOOGL CAP = 1,377.75b P/E = 35.43 Fwd P/E = 24.92 Net Debt (debt - cash) = -121b Shares Outstand = 675.58m Fwd EPS = 81.13 debt/cash adjusted CAP = 1,256.75 debt/cash adjusted Share price = 1,860 debt/cash adjusted P/E = 32.6 debt/cash adjusted FWD P/E = 22.9 Of course there's no magic ratio or stat, valuation is subjective, but I think there's a strong argument that big tech isn't overvalued relative to other low p/e stocks. When pandemic hit, googl and fb didn't do as well as amzn aapl due to reliance on advertising, and marketing budgets get cut first in a recession. These 2 could also benefit from reopening, esp if travel resumes.
I've been in and out since before I first posted about LTHM. Now, I'm back in @18.27 for the first time in a good while. What do y'all think?
It hurts so much seeing ARKK drop $20+ dollars a share in the span of a few days. What do people think about this Cloud ETF (Australian sorry) https://www.betashares.com.au/fund/cloud-computing-etf/ It's just come into the Market in Australia. Top 10 holdings in the portfolio are: Name Weight (%) ZSCALER INC 5.0 TWILIO INC 4.6 SHOPIFY INC 4.5 PROOFPOINT INC 4.4 DROPBOX INC 4.1 COUPA SOFTWARE INC 4.0 EVERBRIDGE INC 4.0 WORKDAY INC 4.0 XERO LTD 3.8 ANAPLAN INC 3.8 Do you think this would be a good long term play?
Probably, but current sell off is focused on high sales multiple stocks with little or neg earnings. Have no idea what's going to happen in short term...
For aussie companies. Im still long on Atlassian. They make project mgmt software that any company that doesnt run on Microsoft uses. Its like selling shovels to dig gold at this point. Also sitting on a pile of cash.
Clickbait title aside, it's a very good video on the mechanics of ETFs and the share liquidity problems ark stocks are facing (after benefiting from it previously). 17:15 shows the stocks that will be hardest for ark to sell. I notice MTLS is right at the top, and since mid feb it has almost halved. @Downtown Sniper
I'll try and get to watching that tomorrow after work thanks mate - bed time now unfortunately. Tl;dr version - should I disregard the fact it's lost so much already (I bought in at $124) and get out while I can?
It explains neutrally what's going on well, and I think it will help u with decision-making, but it doesn't predict what happens next.
thank you for pointing out additional financial info that corroborates my point that cash-rich GM and ATKR should be considered. btw, this article, https://www.sharesmagazine.co.uk/article/how-to-adjust-price-to-earnings-ratios-for-debt-and-cash, is less-than-informative. it is obvious that the author doesn't know about debt / leverage / asset coverage / debt-to-equity / degearing ratios
4 March is SWBI earnings date, and D&D is excited(?) over another protest on the same date. Long weekly calls on SWBI make sense? It spiked on 6 Jan, and I recall there were spikes at the height of BLM protets as well.
No idea what to expect for this week. The meme stocks could add unexpected dumps in the overall market like it has several times already. I'm heavy on ZOM, ENZC, NAK and MVIS. Grabbed 20 shares of AMC and 5 GME in case either of those turn into those lotto tickets the reddit and Stocktwits members have been clamoring for. I don't think it happens, so I'm anticipating getting out of those two with minimal losses.
My HK shares are up after last week's bleh. Futures are up. Hopefully this week is better. Sdgr earnings have me excited and nervous at the same time. Not sure how legit this qanon thing on 4 mar is. May just buy some swbi calls as a hedge.
For risky plays - I'm watching TRCH still and maybe this OTC - $LTNC I saw mentioned a decent amount - I haven't read up on it and just saw fidelity won't let me buy it so it doesn't matter. it's a very high risk play but at ~3 cents it might be interesting for another lotto play assuming it continues to be mentioned. Also, still wasting time w/ Nokia. Your AMC play might work nicely, GME just have to watch super close, the volatility was wild. You might get some crazy lottos on both.
Cybersecurity Firm SentinelOne Plans for IPO at Possible $10 Billion Value https://www.bloomberg.com/news/arti...ompany-sentinelone-is-said-to-prepare-for-ipo crowdstrike competitor
gme, SPACs and those of their ilk have been hailed, by some, as YOLO trade. i've been playing the market since my high school days, have never come across one that I'd consider as such. but i spend time analyzing/researching for TINA trades, as in " There Is No Alternatives" in this connection, i have traded heavily on tech stocks, CRM, akam, net, nflx. mvda. amd, tsm, FAANG stocks, ibb, xbi, etc. i've also constructed credit spreads on TSLA, GNRC, DPZ, etc. until such time as the Fed changes course, after this coming tax deadline, TINA will continue to be my trading thesis
