Stocks to buy this week

Intern in S&T - FI

I'm planning on buying a few stocks this week and was curious if any of you guys have a game plan or think it's a bad idea to buy this week. With all the reports coming out, unemployment on Thursday, I was planning on buying then because I think these numbers are going to be way higher than the last report and we might test the lows again. Again, this is just my own thought process and please leave your feedback if you think this is a good/bad plan or if you have your own game plan for this volatile market!

Comments (34)

Mar 29, 2020

My plan is dollar cost averaging. Don't buy everything at once, but buy a little each week. By the time the equity markets start to rebound, you will have a large position to capitalize on the gains.

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  • Intern in S&T - FI
Mar 29, 2020

Thanks! What are your favorites right now? I really like MSFT and Medtronic (MDT).

Mar 30, 2020

TWTR: valued at half the LCV of Instagram (est) or Facebook despite user base that is more educated, wealthier and more engaged. Beaten down bc of ad spend, who cares. They're building a very high value network.

SQ: another high value network available on the cheap because of short term problems

ARMK: every day-trading clown's favorite short "oh they're going bankrupt bc no more sports". Company was undergoing a major turnaround and will continue as soon as they can. Can double cash flow with right team in place which they now have. Sports/events is 15% of revenue

USFD: most stable business on earth, people spooked by leverage, now a bargain. Or be a little beyotch and go for the safer SYY instead.

SEAS/SIX/PLAY/LYV - similar to Aramark, bunch of yo-yos thought they were smart betting against all social gathering. Your chance to profit off them. Each one has easy 3x potential just buy all 4 and the group will get you 2x.

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Mar 31, 2020

Just saw that TWTR is finally profitable? Correct me if I'm wrong but they were hemorrhaging cash a year or so ago...

You're right about user base but their ad platform isn't as compelling as FB or even snap chat. I'd go long FB before putting $ into twtr.

I'd short grpn, short yelp, short aprn. And as much as i hate to say it (nostalgia factor) short gamestop GME.

"Out the garage is how you end up in charge
It's how you end up in penthouses, end up in cars, it's how you
Start off a curb servin', end up a boss"

Mar 31, 2020

Pre-2017 it can be said that TWTR was arguably losing money as net income was negative, although not hemorrhaging cash as cash flow has been positive for a long time after adding back stock-based comp.

2018 and 2019 its been $700-800m free cash flow both years.

Mar 31, 2020

You weren't shorting GRPN and Yelp already because they were terrible overvalued businesses?

Mar 30, 2020

TVIX as everything keeps going further into chaos this keeps shining like gold. Wild price swings but a short term play to weather this storm.

Mar 31, 2020

tsla
samsung

But who's to say what's fair to say and what not to say? Let's ask Dr. Dre
Mar 31, 2020

Are you long tesla? I have a decent return trading TSLA. Its volatile, jumping 50 points any given day. I think it will settle around $400-420 (currently $528), in the near term. $900 was absurd. Easy way to make some quick cash in this market.

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Funniest
Mar 31, 2020

Whatever Dave Portnoy aka #DavieDayTrader tells you to

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Mar 31, 2020

$3m on lululemon first thing in the AM

"Out the garage is how you end up in charge
It's how you end up in penthouses, end up in cars, it's how you
Start off a curb servin', end up a boss"

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Mar 31, 2020

Bought some $USO Jan 2022 $5 calls. We shall see how it plays out.

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Mar 31, 2020

$5 Jan 2022 Calls? How much those cost? Seems like a long ass time horizon but I guess if it ramps up you could make coin. Little bit conservative for my taste.

"Out the garage is how you end up in charge
It's how you end up in penthouses, end up in cars, it's how you
Start off a curb servin', end up a boss"

Mar 31, 2020
StrapYourBoots:

$5 Jan 2022 Calls? How much those cost? Seems like a long ass time horizon but I guess if it ramps up you could make coin. Little bit conservative for my taste.

$114 per contract right now. My average is a little bit higher.

  • Associate 1 in IB - Ind
Mar 31, 2020

Is anyone speculating on some deeply distressed names that are priced like they're going out of business in the beaten up sectors? I have some names that I've circled that have enough cash to make it to the other side in my estimation, but speculative nonetheless.

Mar 31, 2020

Not longing any distressed business unless I believe their long-term business model. I think businesses with crap businessmodels (even if they're priced decently within good economic conditions) deserve to be smoked out.

What cos are you referring to? And by 'make it to the other side' are you referring to the end of the covid debacle?

"Out the garage is how you end up in charge
It's how you end up in penthouses, end up in cars, it's how you
Start off a curb servin', end up a boss"

  • Associate 1 in IB - Ind
Mar 31, 2020

Macy's, DENN, CAKE all look priced like they're going out of business. Risk / reward on these purely as a one year investment horizon turnaround from current levels are intriguing me.

Mar 31, 2020

I'm considering F, Ford @ $4.83 and has a 12%div yield. This would be for the long haul. I'm worried they will cut their dividend. Anyone have any insight, they would mind sharing.

Most Helpful
Apr 1, 2020

FB looks attractive
MSFT if there's another pull back
SBUX on a pullback
COF as a consumer recovery play. Just way too cheap here.

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Apr 1, 2020

Starbucks has been getting a lot of attention lately. I feel there will be another pullback back to $60. I'll pull the trigger there.

Apr 1, 2020

I don't see Facebook as attractive. The first thing that business cuts is ad spending and marketing, Facebook's core revenue comes from that so i don't see them performing very well over the next quarter/year. I see enterprise software doing well and insurance doing well too.

Apr 1, 2020

FB might struggle short term but it has a strong balance sheet and it's trading at 16x forward earnings. Even if you say earnings are going to come in 30% below expectations, that still puts it at a PEG of 1. I like it long term.

Apr 1, 2020

TSM. 5G will need to come sooner or later. Doesn't look like the world looks at China too favrobaly now, so I can see where TSM comes in.

Apr 2, 2020
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