Tesla Misses Model 3 Sales Estimates
Yesterday Tesla (TSLA) announced it missed Model 3 sales estimates, and then lowered future sales targets for the 2nd time in two qtrs. With the stock having lost momentum, I’m reducing my position.
Growth Portfolio
Hurricanes & Earthquakes Hurt Sherwin-Williams Results
Hurricanes and earthquakes across Texas, Florida, Georgia, the Caribbean and Mexico hurt Sherwin-Williams’ (SHW) profits last qtr. But these areas need rebuilding — and that means paint.
Floor & Decor is the Hottest Thing in Retail
Floor & Decor (FND) is the hottest thing in bricks & mortar retail. FND stock tried to break out this week — and failed. Let’s take a closer look at Floor & Decor and see if now’s the time to buy.
Facebook Claims Expenses Will Eat Into Profits
Facebook (FB) reported profits that blew past estimates, then claimed expenses would be high in 2018 and eart into profits. But they always say this, then beat the street.
Domino’s Pizza Delivered 32% Profit Growth Last Quarter
Domino’s (DPZ) continues to deliver the goods as profits surged 32% last qtr. With this dip in the stock, DPZ now has 41% upside.
Mobile Payments are Boosting PayPal’s Growth
Mobile payments are increasing in popularity as people buy more things with their cell phones. PayPal’s (PYPL) Venmo app is taking a big chunk of those payments.
Visa’s Profit Growth is Back to Normal
Visa (V) had a nice run of 20% plus profit growth as it benefited from the Visa Europe acquisition. But now the deal is more than a year old, and growth is back to normal.
UnitedHealth’s Momentum Continues
UnitedHealth’s (UNH) momentum continued to roll last qtr as the nation’s largest health insurer delivered 23% profit growth. Here’s my outlook for 2018.
Baidu is Trying to Be a Leader in Artificial Intelligence
Baidu (BIDU) is still getting a majority of its revenue from search engine advertising, but Baidu seems to be making strides in Artificial Intelligence. Will it succeed?
Netflix Has Got a Low P/E. By Its Standards
Netflix’s (NFLX) P/E is 85 (when we look at 2018 est). That’s low by Netflix standards. And with triple-digit profit growth expected in 3 of the next 4 qtrs, the stock’s looking good.
Constellation Brands is Having a Perfect Year
Constellation BRands (STZ) is having a perfect 2017. But qtrly profit estimates don’t look that great, and with a perfect chart pattern the stock could use some rest.
Investors Spooked By Trade Desk Comments
Investors got spooked after The Trade Desk (TTD) made comments about a slowdown in spending among big advertisers, specifically retail. But TTD upped guidance, as always.