My big issue is.....do we need a proxy (miners) when you can buy a spot ETF instead? I just think demand for these stocks are going to be lower.
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
Then I look again and see up 50% in a month and I think, aight, wait for a pullback.
Growth and not expensive on price to revs.
The run up is now extreme but i like the overall momentum as well. The one year but also since the 2022 lows.
If you’re asking what i like about the actual company I can’t say ive heard of it away from the ticker.
Sure you can.
And we are seeing higher for longer isn’t the negative we thought it would be.
I assume his call is the inflation is being fanned by an economy that keeps chugging along.
I assume this because this has been the story for 2 years now.
GS CEO is dumb. Multiple cuts this year, Powell is itching to start. Also, the market will continue to do fine. Higher rates are blasting the economy with free money and all the spending is driving up earnings.
It is a small cap company. So, what products do they have they you envision the growth coming from? Fundamentals and technical are great but for a small cap company, need to look at the actual company and the products that generate the revenue.
As Peter Lynch said - "This sucker is going up!"
Seriously, I learned about ZETA from a webinar via FS Insights (Tom Lee's shop). Outstanding presentation and a long Q&A with members, including me. I had a lengthy Zoom chat with the CFO. What clicked with me is their work applying AI to marketing, promotions, and managing customers. I am a marketing professional. I can use this big-time. It makes perfect sense what they are doing.
Reviewed their IR materials and love that they are building a propriety database, which gives them a legit moat. I even spoke to my ad agency (one of the biggest on Madison Ave) and key strategic consultant companies about ZETA. Both have direct experience with them and gave their services high marks.
And as RU-05 said, the fundamentals look good, so I'm bullish. I may become one of their customers in the future.
Im just rolling on the inertia train. For now anyways. But they probably got stuff.
NVDA continues to do what it does.....blow out all expectations:
Nvidia reports a 262% jump in sales, signals continuing AI boom
Nvidia reported first fiscal-quarter earnings on Wednesday that beat expectations for sales and earnings, and the stock rose slightly in extended trading.
Nvidia said it was splitting its stock 10 to 1.
Earnings Per Share: $6.12 adjusted vs. $5.59 adjusted, per LSEG consensus estimates.
Revenue: $26.04 billion vs. $24.65 billion expected by LSEG
Nvidia said it expected sales of $28 billion in the current quarter. Wall Street was expecting earnings per share of $5.95 on sales of $26.61 billion, according to LSEG.
Nvidia reported net income for the quarter of $14.81 billion, or $5.98 per share, compared with $2.04 billion, or 82 cents, in the year-ago period.
Nvidia reports a 262% jump in sales, signals continuing AI boom
Nvidia reported first fiscal-quarter earnings on Wednesday that beat expectations for sales and earnings, and the stock rose slightly in extended trading.
Nvidia said it was splitting its stock 10 to 1.
Earnings Per Share: $6.12 adjusted vs. $5.59 adjusted, per LSEG consensus estimates.
Revenue: $26.04 billion vs. $24.65 billion expected by LSEG
Nvidia said it expected sales of $28 billion in the current quarter. Wall Street was expecting earnings per share of $5.95 on sales of $26.61 billion, according to LSEG.
Nvidia reported net income for the quarter of $14.81 billion, or $5.98 per share, compared with $2.04 billion, or 82 cents, in the year-ago period.
Amazing all the way around. This stock is a massive wealth creator.
All of my accounts are at all-time highs, mostly thanks to NVDA and AI. God bless Jensen! :)
SNOW popping as well. Rev's and customer count.
" Quarterly revenue climbed to $828.7 million from $623.6 million, topping analyst projections for $788.1 million, according to FactSet.
Product revenue was up 34% while revenue retention more than doubled.
Snowflake said it now has 485 customers generating more than $1 million in product revenue per year, up 30% from a year ago."
Actually missed on the bottom line.
" Quarterly revenue climbed to $828.7 million from $623.6 million, topping analyst projections for $788.1 million, according to FactSet.
Product revenue was up 34% while revenue retention more than doubled.
Snowflake said it now has 485 customers generating more than $1 million in product revenue per year, up 30% from a year ago."
Actually missed on the bottom line.
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Ok. I will track this stock and see what it is all about. For me, AI has become a buzzword used by a lot of companies, but the real winners will likely be the one that use generative AI. ZETA is 18.14 at the close of today.
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The alpha trade here is going to be in the companies that will be successfully using the NVDA chips to generate revenue. I am back into DELL and some of the software companies. Some of those companies are already going up in the after-hours piggybacking on NVDA results.
Very happy with SNOW. Last quarter was brutal, mostly due to the surprise CEO change. Glad I stuck with it. I already had a full position. CB=$146.
Very good point. What were your small-cap AI plays again?
From FS Insights. Stocks correlated with NVDA:
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Has given some of the pop back, but I think if it finishes a couple % in the green, keeping the recent upward trend intact, I'm happy
It's down, so I can buy more! :)
Seriously, no idea. I don't see any specific news or press releases. It's only down 4%, so can simply be profit taking after the recent rally. Let's see how the day goes.
In my personal account? I have both FS Insights stock lists via Fidelity's custom basket tool. The majority of money is in these. Otherwise, about 12-14 other positions. Several biotechs, a few call plays, tech stocks, etc.
Probably too many people buying NVDA! Need to free up cash. :)
Don't see any news, just revised price targets.
