Nothing wrong with CSCO as a company, but probably better choices for investing. Tech ripped for over a year and CSCO has been trending water (mainly due to several dumps after earning reports). Not sure about this one, unless you are looking for a dividend play.....but that's a boomer thing. :)
Ridiculous overreaction by the market (as usual), so yes, good entry point. I own PANW via the FS Insights stock list. Will add to it tomorrow to maintain allocation levels.
I didn't realize it battled back so well today. Was down more then 11% at one point. Closed down 1ish%.
Oh wow, down 20%.
Sounds like they are realigning a bit to bring on more AI-enhanced cybersecurity offerings. May be the classic short-term pain for long-term gain. Hope so! :)
I own CRWD, one of my biggest positions and it is down in sympathy, so hoping it is a realignment thing more then a sector thing.
Not a good day for my FS Insights stock list, which includes PANW, CRWD, and ZS. Will add later today unless they rally back.
I brought a little today but watch out for NVDA. I also have a couple of shares of CRWD, been trading it, made some good money.
Just bought PANW at $261 and the other cybers I own (ZS and CRWD). Security needs are only going to grow over time. Great companies!
Jumped back into RIVN yesterday and jumped right back out now. LOL! I bet RIVN is going under $10.
your tax returns must be a mess... unless this is all in a retirement account
Unfortunately, my personal/fun account is a brokerage account. However, Fidelity forms are automatically uploaded to TurboTax, so it doesn't matter. I never even seem them. I only track the annual headline gain/loss amount.
EV's will collapse in popularity after Bidenomics end in January. Short the lib EV stocks (not including TSLA- Elon gets it). Buy Ford and GM.
EVs will struggle for the next year or so until the infrastructure catches up and more people are comfortable buying EVs. I don’t think R2 will move the needle much at this moment. Once the money allocated for infrastructure goes into use, we will see a reacceleration of EV buying. In the interim, it will be all about capital management.
I don’t even know what you are talking about! What is a lib EV stock? What does Elon get that others don’t? Is this some silly far right comment?
Rule #1 for CEOs = Hire good people
EV will collapse but Tesla is ok? Most people think Tesla when you say EV.
I don’t even know the other EV stocks. I know there a EV truck company, maybe one other EV car company.
I'm in it, taking a decent beating. Might hang in for now, and eventually add.
Lucid. Which has Saudi ties, so not exactly a lib EV. Canoo? Anyone remember that one?
If Tesla is OK then EV is not collapsing.
TSLA is very interesting (and I added to it yesterday). Of course it is an EV company first and foremost. However, seems like Elon is going to use it for a massive AI push. Sentiment for TSLA may drift higher even with EV going through a winter.
Rivian and Lucid are in trouble. Great products but terrible environment. I could see Apple kicking the tires on one of them as part of the future Apple car strategy.
I doubt it and certainly not anytime soon. It would likely take different leadership as well. Look how slow their foray into media has been. Never bought Netflix when they had the chance long ago and haven't made any other big acquisitions in media either. They don't make bold moves, an overpriced Beats at 3B is still their largest acquisition to date. If you think the media industry is tough, I'd say the auto industry is harder. I might be an old man before anything like that happens if ever.
