All things STOCKS

#6,626
#6,626
There aren’t any publicly traded direct hair care stocks are there? Possibly beauty supply, but last I checked none of the National chains were public. Sport Clips, Grest Clips, Super Cuts IIRC. I’m ready for my second haircut of 2020.
 
#6,627
#6,627
I've sold everything except Lowes. Lowes is way down (Lowes is a work-from-home stock ha ha. I am certainly contributing)
 
#6,633
#6,633
TheColdVolTruth said:
Quick math tells me I'm at around 45% cash. My largest holdings currently are financials. I'm shopping for opportunities.
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Very similar. Right at 45% cash as well.

Where I'm heaviest now:

Financials: Still see plenty of opportunities here as interest rates can't get any lower. Do like SQ and HQY in this space although not traditional finance companies

REITs: I still like WPC, GMRE, EQR, MAA as long term plays. Think there's still some run up left in a company like SPG. Not as sure about SKT but that's as much a travel play as anything given where their shopping centers are.

Full Service Restaurants: CBRL may have a little more room to run but out of previous positions such as EAT, CAKE, and BLMN.

Energy: Still like NEE long term. Still think CVX is a good counter-weight to NEE.

Retail: Still think some sectors with a decent AMZN moat exist. I've held FIVE and TSCO long term and still think those are good long term holds. I think TJX and ROST will benefit from the continued demise of Kohls, Macys, JCP, etc.

Travel: Got out of MAR and HLT. May reenter at lower point. Out of WYNN, still in LVS. Probably a little too much, too fast today with the pops.
 
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#6,634
#6,634
Floor and Decor (FND) is off like all of the home improvement and construction names. But it has tripled since the March crash. I still like it because the guys running it came from Home Depot and knew where their biggest profits were coming from. But hurricane season is winding down. Flooring sales always surge in the areas when the storms do as well.
 
#6,636
#6,636
Thunder Good-Oil said:
Floor and Decor (FND) is off like all of the home improvement and construction names. But it has tripled since the March crash. I still like it because the guys running it came from Home Depot and knew where their biggest profits were coming from. But hurricane season is winding down. Flooring sales always surge in the areas when the storms do as well.
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I like that but taking a good look at HOME too. They are getting crushed today.
 
#6,638
#6,638
TheColdVolTruth said:
Even worse news for BYND on their ER after the bell. Ouch.
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Millennial Robin Hooders probably pushed that stock up well above it’s reasonable valuation. It’s still a great long term business. McDonald’s is as much of a real estate play as it is a restaurant, but I’m glad they are moving into healthier options. I own MCD shares but not BYND.
 
#6,640
#6,640
Thunder Good-Oil said:
I wasn’t aware of At Home. A billion dollar company in nearly 40 states. I need to cruise Turkey Creek and pay attention to the store names.
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Used to be called Garden Ridge. Changed the name a few years back. Based out of Texas, I think they've slowly moved this way.
 
#6,642
#6,642
DancingOutlaw said:
Used to be called Garden Ridge. Changed the name a few years back. Based out of Texas, I think they've slowly moved this way.
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Did the garden retailer in the old Outlets Mall (across from Cotten Eyed Joe off of Lovell) ever get up and running. I forget their name.I also haven’t heard anything about them in 10 years or been to the CEJ in about the last 15.
 
#6,643
#6,643
Thunder Good-Oil said:
Did the garden retailer in the old Outlets Mall (across from Cotten Eyed Joe off of Lovell) ever get up and running. I forget their name.I also haven’t heard anything about them in 10 years or been to the CEJ in about the last 15.
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That was the Garden Ridge store, they moved into the old Gander Mountain location.
 
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#6,644
#6,644
Nice reversal today.

I keep hearing stuff like this V V V (Warning, MarketWatch limits the number of free views before requiring a subscription). It’s bothersome. Trading and using actively managed investment options might be the only way to see decent returns. I’d sure love to see a double every 4 or 5 years, but that is highly unlikely. I guess preserving capital for the foreseeable future might be the theme.

Why the S&P 500’s return over the next 10 years will be nothing like the last 10
 
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#6,646
#6,646
Thunder Good-Oil said:
Nice reversal today.

I keep hearing stuff like this V V V (Warning, MarketWatch limits the number of free views before requiring a subscription). It’s bothersome. Trading and using actively managed options might be the only way to see decent returns. I’d sure love to see a double every 4 or 5 years, but that is highly unlikely. I guess preserving capital for the foreseeable future might be the theme.

Why the S&P 500’s return over the next 10 years will be nothing like the last 10
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Yep, and the older you get the more important capital preservation becomes.
 
#6,647
#6,647
Thunder Good-Oil said:
McDonald’s announced it is coming out with McPlant and Beyond Meat is getting crushed.
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I think there is more to the story. Beyond Meat has worked with McD on a pilot project in Canada. It is possible that Beyond Meat will be the supplier to McD, the decision just hasn't been made yet and I think that's part of the issue for Beyond Meat.

Also, I think Beyond Meat suffered from people stock piling in the second quarter resulting in lower third quarter sales and revenues.
 
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#6,648
#6,648
Go aeiou said:
Yep, and the older you get the more important capital preservation becomes.
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True. I edited my comment as I meant “investment options” not “options” (as in puts and calls-although investment professionals actively managing money would certainly use options). I’d love to be around long enough to see another 4 or 5 doubles. Growth coupled with reasonable risk taking is hard to find these days. I’m debating whether more international exposure would be prudent. If the pandemic was just blowing up the US’s budget and debt then it would be an easy decision. But it’s called a pandemic for a reason. However the Asian countries haven’t seen the same devastation. But they also look to the US for economic leadership so the dollar could more than keep pace. Oil exporters no longer have their gravy trains either. I really can’t think of any countries that are better positioned than the US despite the trillions being flushed.

Maybe financials and energy can be the next leaders. I think that green energy is over done. Tech is moving in reverse. Dems tend to neglect defense. Healthcare has great demographics, but who can predict what will be attempted next with reform? The opportunities might be limited to names rather than sectors or industries.

I’m so confused and am without conviction of direction.
 
#6,649
#6,649
PUTS on PLAY and INO.

Still holding my Calls for SQ, but I’m probably screwed unless a miracle happens by Friday.
 
#6,650
#6,650
Thunder Good-Oil said:
Millennial Robin Hooders probably pushed that stock up well above it’s reasonable valuation. It’s still a great long term business. McDonald’s is as much of a real estate play as it is a restaurant, but I’m glad they are moving into healthier options. I own MCD shares but not BYND.
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I've heard you make the case for MCD as a real estate play, and I don't disagree that is a large part of their valuation. They did, however, enjoy a healthy multiple expansion beginning late 2015 with some analysts giving the rationale that their breakfast menu being extended all day warranted a higher valuation. They cut their menu in March due to covid, and I wonder if analysts in the future will hit them with price targets factored on lower multiples going forward.
 
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