Stocks to Watch Thread

[Triplethreat]

Anyone think that Universal Displays (OLED) currently down about 50% on the year (around $200 to $100) is a current bargain??

Doing some research now but would like some additional input.

I’ll check back with my opinion when I finish up but from the outside looking in it looks like not a bad bet.

 

[The Wizard of Moz]

Lol I sold Twilio at 25.

Even worse I’m still holding my shares of GE........

It was a custodial account passed down to me when I turned 18 but I should have sold that shit long ago....

Also passed on a lot of great returns last year like PayPal and OLED, LLL.

Anything you’ve been watching recently?

Dagg is going to yell at me but I’ve been swing trading AMD like crazy (only buys, no shorts). Currently have a position in AMD. I have a little too large of a position for my liking in Micron but my average cost is low 40’s so I’m a little more risk tolerant on it for now. I really like what Micron has been achieving but I keep a really close eye on DRAM demand cycle. I’m afraid it could drop like a rock if it starts to slow.

Other than that I’ve been too busy studying at work to emerge myself as much as I’d like. I picked up Apple and FB (have since sold FB, keeping Apple for some time) during the recent market fire sales. I have a mortgage REIT I like that yields 8%. Nothing sexy, but I did a pretty thorough evaluation on it and wanted a dividend producer in my portfolio. BXMT

Other than that I have a lot of cash on the sideline just in case the market corrects to a higher degree

 

[Triplethreat]

Dagg is going to yell at me but I’ve been swing trading AMD like crazy (only buys, no shorts). Currently have a position in AMD. I have a little too large of a position for my liking in Micron but my average cost is low 40’s so I’m a little more risk tolerant on it for now. I really like what Micron has been achieving but I keep a really close eye on DRAM demand cycle. I’m afraid it could drop like a rock if it starts to slow.

Other than that I’ve been too busy studying at work to emerge myself as much as I’d like. I picked up Apple and FB (have since sold FB, keeping Apple for some time) during the recent market fire sales. I have a mortgage REIT I like that yields 8%. Nothing sexy, but I did a pretty thorough evaluation on it and wanted a dividend producer in my portfolio. BXMT

Other than that I have a lot of cash on the sideline just in case the market corrects to a higher degree

I own AMD. Wish I didn’t.

Micron intrigues me but I don’t know enough about it.

Really tempting to buy IBM today on this dip of something like 7%.

Also, just wanted to share this video I ran across when creating a presentation by Warren Buffet. He truly is the greatest to ever do it.

View: https://m.youtube.com/watch?v=_5VQPIeZhMc

 

[el_capitan]

Does anyone have any good reading for an extreme beginner? I work in the science field, so I really have no background on anything in the financial world, but I'd like to learn a little about stocks and start playing around with them. Where do you guys buy the stocks from? Some of these websites like etrade and stuff?

 

[Triplethreat]

Does anyone have any good reading for an extreme beginner? I work in the science field, so I really have no background on anything in the financial world, but I'd like to learn a little about stocks and start playing around with them. Where do you guys buy the stocks from? Some of these websites like etrade and stuff?

My first advice is to download Robinhood on your phone.

It’s an app that offers completely free trades on the NYSE only. But it’s great for beginners. They’ve even recently added futures trading and are working on adding crypto exchange.

As far as a good book, you’re going to want to go with the Intelligent Investor by Benjamin Graham...

I’m of the mindset that you realistically always want to invest long. Security analysis is another good book once you’re more seasoned and want to start actually deriving some values on certain companies.

If you don’t want to go the book route, just check in on MSNBC and Yahoo’s finance every day. WSJ if you want to pay for that.

 

[The Wizard of Moz]

Does anyone have any good reading for an extreme beginner? I work in the science field, so I really have no background on anything in the financial world, but I'd like to learn a little about stocks and start playing around with them. Where do you guys buy the stocks from? Some of these websites like etrade and stuff?

Yahoo finance has weirdly been an extremely informative place for me. I’ve learned way too much about stocks on it. It actually produced by far the best winning strategy I ever had (its defunct now).

But if you go this route you have to weed through the clearly biased views and search out well reasoned stuff. Stuff with links are good. But that’s just a more informal place to pick up some of the basics

One of the most helpful things I did was find others that invest and talk with them. I have a group of like 6 guys at work that we share ideas with. You’ll never be able to research every single ticker out there or even close but having a few people researching and presenting findings has resulted in a lot of my big winners (Micron, NVDA, Mobileye were all recommended to me by a friend and at the time I didn’t even know what the companies did before researching)

It can be scary at first. There’s so much fucking information out there and a lot of its conflicting. One person can stare at a stock and say wow that’s garbage while another will say what a great investment.

Paper trading for a few months with fake money (some brokerages offer extremely realistic paper trading accounts) can be helpful too while you’re learning

 

[Triplethreat]

P&G trading at $75.00 today, almost trading at its 5 year low of $70.00.... it was trading at 92.00 on December 22, even before the massive beginning of the year run the market had before correcting.

I know companies like Dollar Shave club has had an impact on their sales growth but I can’t help but think this is an undervalued business right now.

I’m thinking I’ll be purchasing some shares of P&G soon.

 

[The Wizard of Moz]

I’m short Lyft and Pinterest

Pray for me @natedagg

 

[bigfoot5415]

Buy and hold disney until q1 2020

 

[natedagg]

I’m short Lyft and Pinterest

Pray for me @natedagg

If you were short LYFT for a while you did great!

Short radar: W - heavily shorted, tough to time but come on now. We have some report showing YoY time spent on the website and it’s flat. Not good for them.

YETI - this is going out of lockup on 4/24 I think... I am willing to wager it is going to fall. Might fall now in anticipation of that lockup ending. Scale in...

NFLX: this is a long, tough explanation that I am not going to type out, but you can call me if you want the whole thing. The gist is that they aren’t the only game in town and I think they should be valued like a growing content creator, nothing else. They will end up like HBO at best. This isn’t a $161B company. Timing will be very tricky. Haven’t pulled the trigger... I don’t even think they end up like HBO. I think the T, DIS, and FOX (separate) mergers are making an aggressive play to take back their content and create their own of course. NFLX doesn’t have the production infrastructure, they don’t have a lot of cash, so what exactly do they have (in the next few years)? What they have is that nobody cares enough to cancel them bc it’s relatively cheap... but numbers say people are still watching lots of NFLX. Once those level off, it’ll be time to short.

 

[Triplethreat]

Looking back at this thread OLED and P&G were indeed MASSIVE bargains at those prices...

 

[sjhughes]

Bump - trying to get into some trading so looking forward to seeing how others are doing.

 

[Chardon]

I invested A LOT of money and bought a lot of stocks in a company called Amarin.
Today, they got FDA approval for their cardiovascular fish oil drug.
Stock is going to soar. Buy now or forever hold your peace.

 

[Triplethreat]

Synopsys is a company I really like going forward FYI

 

[BMAN]

Synopsys is a company I really like going forward FYI

So following your advice, I opened up a Robinhood account. Going to read up on all of this. Didn’t realize they give you a share of a company as well.