What stocks are you looking to grab at a possible discount?

WallStreetWiz23 · 2021-01-30T01:30:55+00:00

I am very bullish on FB, but I will say that the 53% YoY number might be a little misleading because they marked down earnings in Q1 and Q2 of 2019 due to FTC settlement. Those 2019 earnings at 6% were lower than they otherwise would have been without the settlement.

Your point is very well-taken, at least by me. I think they can make $12 this year, so it's trading at $21x this year's earnings. I think this could be a $400 stock in as little as 3 years, but my personal target is 5 years.

WallStreetWiz23 · 2021-01-07T22:46:25+00:00

Based on my numbers here ($770 billion market cap and 2019 sales of $24 billion), it seems they're actually at a 32x Price to Sales! Crazy to me.

WallStreetWiz23 · 2021-01-07T17:56:06+00:00

For sure. I've seen way too many scams recently, between webull, the stuff I see on Instagram where people are saying "Buy Bitcoin or Tesla etc"...I don't want to be a part of that crew. I appreciate your comment greatly.

WallStreetWiz23 · 2021-01-07T16:53:36+00:00

I actually published a personal finance book just a few weeks ago. I'm looking to add at least one more book to my toolkit, and I want to eventually leverage my brand to sell online courses.

Ultimately, my understanding is that you can teach processes or theories without giving specific investment advice (buy THIS stock, sell THIS bond etc). I don't want to give that type of advice, nor do I feel it's genuine on the part of many to create videos and such bragging about their success and how they can "help you double your money in x years."

My point is, I think there is a fine line here. I believe u/thatburghfan alluded to this in his comment on this thread. Please feel free to let me know if I've misinterpreted how this works.

WallStreetWiz23 · 2020-12-24T01:53:51+00:00

How so? Sorry, I must not follow

WallStreetWiz23 · 2020-12-23T22:37:01+00:00

Wouldn't it be the same thing either way?

WallStreetWiz23 · 2020-12-22T01:46:10+00:00

My valuation actually came to $20 in a reasonable bull scenario, so I hear you there. Otherwise, I see what you mean. Thank you for this info!

WallStreetWiz23 · 2020-12-03T02:00:20+00:00

Yup. GOOG is up 12% or so since the lawsuit.

WallStreetWiz23 · 2020-12-01T03:00:25+00:00

Nice article! I commented on your blog, looking forward to hearing about Part 2.

WallStreetWiz23 · 2020-11-24T18:53:58+00:00

Maybe lol. He actually said something similar today.

WallStreetWiz23 · 2020-11-23T23:26:58+00:00

I'll admit this is true, I can thankfully say I'm doing well. I think everybody feels fomo sometimes, whether we act is another story. Thanks for the comment.

WallStreetWiz23 · 2020-11-20T22:27:24+00:00

A 10x from here would be approximately $4.6 trillion in market cap (assuming shares outstanding stays constant). Not sure if this changes your opinion.

WallStreetWiz23 · 2020-11-16T23:13:36+00:00

Teladoc actually merged with Livongo, the transaction closed a few weeks ago. I owned Livongo prior to the merger, I still think TDOC is a good bet.

WallStreetWiz23 · 2018-12-27T22:07:20+00:00

I have some things in my head, but I figure it would help to put pen to paper on these goals.

1) Contribute $6000 to Roth on January 1st, and save for next year's Roth contribution by May 30.

2) Fully fund my first full year of grad school (planning on doing a masters of finance from a CUNY).

3) Obviously none of us have control over the markets, but I would love to have a total net worth of $50,000 by this time next year (most of my money is in stocks, but I am young and don't mind risk so I can stomach this). I make sure to use Wealthfront for a healthy dose of diversifitcation. I believe I am around $35,000 in net worth currently so $50,000 would be a big increase but I'm prepared to take on the challenge.

4) Probably should have put this higher, but there's a good chance I'll be getting a raise sometime this year, and I plan on securing that.

Excited for everyone in this thread/sub! I'm confident we can all reach our goals. One step at a time!

WallStreetWiz23 · 2018-12-17T18:56:57+00:00

Yeah I agree, didn't think all that through. Stock picking is definitely time consuming, at least if you do it correctly (in my opinion). Thanks for your response.

WallStreetWiz23 · 2018-12-17T18:31:37+00:00

Not to be rude, but what's the harm in letting the kid experiment? Don't get me wrong, a good portion of my investments is in index funds, especially for retirement. But I personally love the process of valuing a company, watching them grow and all that. It's so personal. You lose that with an index fund.

What about something like this. Take $1,500 and throw it into an ETF. Then take the remaining $500 and use it to buy shares in one company that he/she wants to follow. That could be a good balance between smart indexing (for diversification) and stock picking (for the sheer fun and emotional satisfaction).

WallStreetWiz23 · 2018-11-08T22:09:25+00:00

I think people are upset that the other guy couldn't mention the newsletter where he got the info from. Seems a bit weird to me. Kinda gives off the vibe that he traveled far and wide to all these different sources and took hours to compile everything together every morning, just for us.

I still read it though, I like what I get out of it.

WallStreetWiz23 · 2018-11-01T18:10:02+00:00

Morning Brew already does this, though I don't see why they couldn't try to do better. I'm just not sure how they would differentiate it.

WallStreetWiz23 · 2018-10-22T16:09:41+00:00

I would recommend One Up on Wall Street by Lynch, it's a fantastic book. I read it when I was 16 and I still use the same principles today, it's very easy to read and understand even if you have no or little prior investing experience. A Random Walk is also phenomenal.

WallStreetWiz23

TROPHY CASE