All things STOCKS

#15,155
#15,155
Go aeiou said:
Your holdings?
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No. A watch list with low(er) P/Es. But I do have shares of OXY, C, NUE, XOM, GE, CSX, FDX, CAT, GEHC, and RTX. FDX is my largest position in that group. I’m happy with almost all of them and might add more. Maybe throw in the towel on C. Possibly replace Citi with JPM (and add $s).

I’m looking to add more industrial/manufacturing and related companies. I think that the Inflation Reduction Act coupled with a push to not be dependent on others in the supply chain will be a significant stimulus for about a decade.
 
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#15,156
#15,156
ninerplaya57 said:
Do you guys think the downgrade of the US credit rating will result in a crash?
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Nope. Which countries are more attractive places to invest? Natural resources. Higher education. Income. Demographics. Agriculture. Healthcare. Transportation systems. Banking. Military strength. Technology. Freedom.

Like or dislike Trump, he was leveraging our strength and making other nations contribute more of a fair share. China especially was ripping us off with zero pushback.
 
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#15,159
#15,159
I checked into buying BLK puts to protect profits on shares I’m long but don’t want to sell and take the tax hit. After looking at the premiums on the puts I’m now more interested in doing the opposite.

For example, the stock is $732. The 8/11/23 730 P is $7.80/$8.50. Over 1% for 9 days. Plus the puts will likely go up as soon as the markets open. And no matter how much noise the House makes “investigating” them, they’re all bought politicians. Still, BLK could take a quick 10-20% haircut. Coin flip. News priced in already or is a significant hit to shares coming?
 
#15,160
#15,160
Thunder Good-Oil said:
Nope. Which countries are more attractive places to invest? Natural resources. Higher education. Income. Demographics. Agriculture. Healthcare. Transportation systems. Banking. Military strength. Technology. Freedom.

Like or dislike Trump, he was leveraging our strength and making other nations contribute more of a fair share. China especially was ripping us off with zero pushback.
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This is not the political forum so I don't want to start that kind of debate, but where is your data for how this improved under Trump?
 
#15,161
#15,161
mrorange211 said:
This is not the political forum so I don't want to start that kind of debate, but where is your data for how this improved under Trump?
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Data doesn’t give a good picture with the lags. And COVID distorted the economy. Trump’s policies are sound and good for business. Pushing back on China’s theft and dumping (we’re lucky that the steel industry wasn’t eliminated altogether). Promoting orderly southern border crossings. Forcing the rest of the NATO members to pay their fair shares. Cutting corporate taxes (over-taxing drives investment off shore). Being on the slightly lower end at 21% is a far better policy than being one of the highest at 35%. States also take a piece, so it’s more like 21% plus another 5 or 10%.
 
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#15,162
#15,162
Thunder Good-Oil said:
Data doesn’t give a good picture with the lags. And COVID distorted the economy. Trump’s policies are sound and good for business. Pushing back on China’s theft and dumping (we’re lucky that the steel industry wasn’t eliminated altogether). Promoting orderly southern border crossings. Forcing the rest of the NATO members to pay their fair shares. Cutting corporate taxes (over-taxing drives investment off shore). Being on the slightly lower end at 21% is a far better policy than being one of the highest at 35%. States also take a piece, so it’s more like 21% plus another 5 or 10%.
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There's no meaningful difference in total trade with China now versus 2018.

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#15,164
#15,164
Velo Vol said:
There's no meaningful difference in total trade with China now versus 2018.

View attachment 567222
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The objective isn’t to decrease trade. The objective is to make them play fair. Stealing IP and dumping products at prices that American companies can’t compete is what was being pushed back on. The US holds the cards. The tariffs were a wake up call for the CCP. Not protecting their shipping lanes or cutting off access to the US consumer are the huge hands that could still be played.
 
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#15,168
#15,168
Thunder Good-Oil said:
Data doesn’t give a good picture with the lags. And COVID distorted the economy. Trump’s policies are sound and good for business. Pushing back on China’s theft and dumping (we’re lucky that the steel industry wasn’t eliminated altogether). Promoting orderly southern border crossings. Forcing the rest of the NATO members to pay their fair shares. Cutting corporate taxes (over-taxing drives investment off shore). Being on the slightly lower end at 21% is a far better policy than being one of the highest at 35%. States also take a piece, so it’s more like 21% plus another 5 or 10%.
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Not the political forum, that's why I asked for data on what you said. There's a major difference in my experience of looking between what Trump said and did.
 
#15,169
#15,169
mrorange211 said:
Not the political forum, that's why I asked for data on what you said. There's a major difference in my experience of looking between what Trump said and did.
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And data can’t define the economy in real time. Tax cuts don’t generate an immediate effect. It can take years for the benefits to fully materialize. More like the next term before the results show up in any data. But Trump said and followed through with tariffs on China, the corporate tax cut from 35% to 21%, pushing other NATO members to meet their obligations, pulling back on the globalist agenda, and without the Soviet threat no longer in play pulling back as the world police in exchange for military base footprints. Energy independence was a tremendous boost to the US economy. Unfortunately there were executive orders as soon as the Executive Branch transitioned that eff’d up the energy independence momentum (and IMO launched oppressive inflation). The US steel industry was at death’s door before China was forced to stop dumping. Every NATO ally increased their military spending as a percent of GDP obligation from pre-Trump to 2021.

Those are all good things for the US economy. We’re capitalists, not socialists. Trump was pro business but he had to deal with obstructionists at every turn that preferred that the economy drag instead of letting their enemies get credit for one that was robust.
 
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#15,170
#15,170
Generac (GNRC) is a train wreck. Off 25% today. It was almost a $500 stock less than 2 years ago and are now approaching $100/share. They must really have incompetent management.

I’m interested in buying their product. But when I looked online it seemed a lot like the gutter guard sales model. Price the system at about twice (or more) what it should cost and use high pressure tactics. I’d rather see fair, understandable pricing.
 
#15,171
#15,171
Thunder Good-Oil said:
Generac (GNRC) is a train wreck. Off 25% today. It was almost a $500 stock less than 2 years ago and are now approaching $100/share. They must really have incompetent management.

I’m interested in buying their product. But when I looked online it seemed a lot like the gutter guard sales model. Price the system at about twice (or more) what it should cost and use high pressure tactics. I’d rather see fair, understandable pricing.
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There are so many areas with crumbling utility infrastructure that they should be killing it....
 
#15,172
#15,172
BigOrangeMojo said:
There are so many areas with crumbling utility infrastructure that they should be killing it....
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I wanted to buy shares years ago. I’m glad that I never did. I see GNRC as kind of an anti Peter Lynch stock. It’s not a bad idea to pay attention to what companies are doing and if their parking lots are full or empty. Generac owns something like 80% of the market, spend a ton on advertising, but seem pretty shady (IMO) with how they do business. I don’t know why they don’t have viable competition.
 
#15,175
#15,175
Thunder Good-Oil said:
Generac (GNRC) is a train wreck. Off 25% today. It was almost a $500 stock less than 2 years ago and are now approaching $100/share. They must really have incompetent management.

I’m interested in buying their product. But when I looked online it seemed a lot like the gutter guard sales model. Price the system at about twice (or more) what it should cost and use high pressure tactics. I’d rather see fair, understandable pricing.
Click to expand...

I looked at GNRC a while back and figured I needed to wait. Just too pricey at the time. Didn’t realize they have slid so much. Needed to buy a generator last fall and came close to buying a Generac, but they were about $300 or so more than their similar counterparts. I thought Honda would be the best option, but I came really close to not recovering from that stickler shock. Honda pricing is in the stratosphere on their generators.
 
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