Posts

Delta Air Lines: No Turkey Here

  After solid traffic demand during the Thanksgiving holiday, Delta Air Lines appears on pace to generate strong profits in Q4'22. The airline continues to trade like the future is cloudy and not represented by ~$4.50 in per share profits over the last 3 quarters. The stock is a gift here trading below 5x 2024 EPS targets. After a strong Thanksgiving holiday, investors should have no doubt about the rebound in airlines and specifically  Delta Air Lines  ( NYSE: DAL ). The company has produced a remarkable rebound in profits, yet the stock is still valued  as if a profitable rebound remains in doubt. My  investment thesis  remains ultra-Bullish on the airline stock with an expectation for a full profit rebound for a stock that was once considered cheap at $60 and now trades below $35. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details. 

SoFi: No Cockroaches Here

  SoFi has fallen to new lows due to irrational fears surrounding the immaterial crypto business. The Biden Admin. extending the student debt moratorium by up to 6 months isn't problematic to the long-term business prospects. The stock trades at just 2x '23 sales estimates despite strong forecasts for 34% revenue growth next year following a year with 50% growth. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Over the last few weeks,  SoFi Technologies  ( NASDAQ: SOFI ) has been hit with attack after attack to the stock. The fintech faces limited impacts to the long-term business from the crypto business, loan losses and student  loan moratorium, yet the stock has hit all-time lows after reporting 51% growth in the last quarter. My  investment thesis  remains ultra-Bullish on the business building a financial Super App while the market spreads irrational fear. Read the full article on Seeking Alpha.  Di

Rumble: Wait For $5

  Rumble reported a strong revenue jump in Q3'22, but the revenue base is still only $11 million. The 'neutral' video platform has impressive plans with new monetization products to reward content creators over time. The stock valuation doesn't match the current revenue base with a market cap of $3.7 billion based on the 375 million diluted shares providing limited upside to shareholders. The $5 price target remains in place as the likely path for the stock. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   After announcing to go public via a SPAC deal last year,  Rumble  ( NASDAQ: RUM ) finally reported their first quarterly results as a public company. The results smashed estimates, but the 'neutral' video platform still remains in the early stages of development. My  investment thesis  remains Neutral on the stock until the business can catch up with the big valuation. Read the full artic

DocuSign: Looking For Unloved Stocks

  DocuSign is very unloved by Wall St. analysts with only 5 of 21 analysts having a Buy rating. The digital signature company continues to produce strong growth, though billings guidance continues to weaken. The stock trades below pre-covid levels despite a substantially larger revenue base providing an appealing entry point for a digital contract future. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   DocuSign  ( NASDAQ: DOCU ) was a poster child for the covid excesses where business lockdowns necessitated a shift into their digital signature product offerings. The stock has fallen from a high over $300 to a low  below $50 making DocuSign a very hated stock here. My  investment thesis  is Bullish on the stock following the collapse and the lack of market interest in a technology industry leader. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for mo

SoFi Technologies: Irrational Hit

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  SoFi Technologies oddly fell hard following an initial big rally on the strong Q3'22 earnings report. The fintech expects to benefit from the student loan moratorium ending January 1, along with a potential blocking of the loan forgiveness plan. Investors appear irrationally fearful the digital bank isn't taking enough loan provisions due to loans being held longer before being sold. The stock is cheap at 15x conservative 2023 adjusted EBITDA targets. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   After an odd selloff following strong Q3'22 earnings,  SoFi Technologies  ( NASDAQ: SOFI ) is poised to finish the rally the stock started. The fintech has been maligned for not taking charges on loans held on the balance sheet, but the  company is poised to benefit whether holding or ultimately selling the personal loans. My  investment thesis  remains ultra bullish on the growth story for SoFi. Read the

Celsius: Look For Dips

  Celsius reported another blowout quarter for Q3'22 with revenues of $188 million smashing estimates. The energy drink company is seeing initial strong results from the PepsiCo distribution deal. The stock appears expensive on most financial metrics, but Celsius trades at a similar forward P/S multiple of industry leader Monster. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   On most metrics,  Celsius Holdings  ( NASDAQ: CELH ) appears an expensive beverage stock to avoid in this market environment. The healthy energy drink company continues to report explosive growth and a new distribution partnership with  PepsiCo  ( PEP ), possibly warrants a higher valuation regardless of normal valuation metrics. My investment thesis is Neutral on the stock, though one should look at buying the hot stock on dips. Read the full article on Seeking Alpha  Disclosure: No position mentioned. Please review the disclaimer pa

Curaleaf: Tough Quarter, But Help Is On The Way

  Curaleaf reported Q3'22 revenues grew 7% to reach $340 million. The MSO recently closed the Tryke deal and opened a third store in New Jersey to provide near-term growth drivers. Management is confident about the SAFE Plus Act passing after years of no federal progress. The stock is cheap at 8x normalized EBITDA targets, especially with a major catalyst ahead. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Most investors know the US cannabis market has been tough this year due to tough regulations and inflationary pressures hurting consumer spending on discretionary items.  Curaleaf Holdings  ( OTCPK:CURLF ) continues to feel the pressure, but the stock isn't  accurately priced for the growth opportunity ahead. My  investment thesis  remains ultra Bullish on the large MSO (multi-state operator) trading at a cheap valuation heading into some potential regulatory changes. Read the full article on Seekin