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The Long Investor
$PDD given out on November 22nd 2023.
Price was $117
Today at $157
On course to complete Wave 3 at $194.
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$PDD given out on November 22nd 2023.
Price was $117
Today at $157
On course to complete Wave 3 at $194.
$PDD
Some dude who will never leave his moms box room: 'Chinese stocks are uninvestable'
$PDD - hold my beer. https://t.co/idhxjfGRpv tweet
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Hidden Value Gems
Ten differences between a good and a bad business.
Quote of the day #7 https://t.co/j0h4zTTaA5
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Ten differences between a good and a bad business.
Quote of the day #7 https://t.co/j0h4zTTaA5
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The Long Investor
$BABA Chinese ADR's have run 20-30% over the last month, including the HSI.
A pull back is needed before any parabolic move takes place, which is not what I like to see.
We are starting to see this pull back now.
Wait for support to be found on the pull back and take advantage.
$BABA, $BIDU, HSI, $PDD, $JD, $YINN, $NIO.
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$BABA Chinese ADR's have run 20-30% over the last month, including the HSI.
A pull back is needed before any parabolic move takes place, which is not what I like to see.
We are starting to see this pull back now.
Wait for support to be found on the pull back and take advantage.
$BABA, $BIDU, HSI, $PDD, $JD, $YINN, $NIO.
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The Long Investor
RT @BigBullCap: $SHOP Goldman Sachs Upgrades to Buy
Shopify is down 23% YTD (Nasdaq +14%) due to an investment cycle weighing on margin expansion in 2024 and more mixed consumer spending datapoints: over the medium-term, Shopify expects its incremental marketing activities to drive meaningful returns post diversifying from paid search in 2023. We believe the majority of uptick in marketing is tied to performance marketing with an average payback of 18 months (vs. 18-24 months prior). Over the long term, Shopify continues to invest in large adjacencies that in our view have the ability to drive step-function changes in addressable market, including point of sale (POS), B2B eCommerce and International. Given Shopify’s significant technology moat in eCommerce software and share gain across eCommerce cycles, we believe these investments will drive more durable revenue growth at scale. As such, we recommend buying the stock post YTD underperformance. In the event Shopify is successful in converting investments to growth, we see a path to 42x 2026 FCF of $1.75 per share, which drives our $74 price target when discounted back, or a $114 upside case of 45x $2.50/share in FCF.
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RT @BigBullCap: $SHOP Goldman Sachs Upgrades to Buy
Shopify is down 23% YTD (Nasdaq +14%) due to an investment cycle weighing on margin expansion in 2024 and more mixed consumer spending datapoints: over the medium-term, Shopify expects its incremental marketing activities to drive meaningful returns post diversifying from paid search in 2023. We believe the majority of uptick in marketing is tied to performance marketing with an average payback of 18 months (vs. 18-24 months prior). Over the long term, Shopify continues to invest in large adjacencies that in our view have the ability to drive step-function changes in addressable market, including point of sale (POS), B2B eCommerce and International. Given Shopify’s significant technology moat in eCommerce software and share gain across eCommerce cycles, we believe these investments will drive more durable revenue growth at scale. As such, we recommend buying the stock post YTD underperformance. In the event Shopify is successful in converting investments to growth, we see a path to 42x 2026 FCF of $1.75 per share, which drives our $74 price target when discounted back, or a $114 upside case of 45x $2.50/share in FCF.
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The Long Investor
$TSLA Weekly MACD is showing a bullish trend
Last time this happened, price went from $104 to $298. https://t.co/eVhibgzrO1
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$TSLA Weekly MACD is showing a bullish trend
Last time this happened, price went from $104 to $298. https://t.co/eVhibgzrO1
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