Out Fox The $treet

1/2/19 Update  Camping World announced a major reorg including the hiring of a new CFO. The sudden resignation of the President of RV Operations looks more and more like a personal decision due to a disagreement with the organizational shifts and his new place in the business. The stock is up about 5% to $12. Considering these reorgs usually occur when business is struggling, the recommendation isn't to jump into the stock on the rip. Continue to use dips to buy Camping World for the long term as 2019 could be another rough year. Original Article   The last thing a weak stock needs is an executive departure. Camping World (CWH) is crashing to new lows based on the surprise resignation of the President of RV Operations. One of the reasons to invest in Camping World was the solid management team lead by CEO Marcus Lemonis and other executives like Roger Nuttall with decades of experience in the industry. Naturally, the market is worried by a surprise move on a Friday...

Fitbit (FIT) completed another successful holidays where their app ranked in the top 5 locations on the iPhone in 6 countries. In the Health & Fitness category, the Fitbit app reached the top rank in 29 countries.

Square shareholders have to reset expectations with the stock down $50 from the highs. Decelerating revenue growth trends will not be helped by a slowdown in the economy. The stock still trades at an elevated 12x '19 sales estimates. Despite obvious valuation issues,   Square   ( SQ ) investors were riding the stock higher above $100 earlier this year. The mobile payments provider traded at a market valuation approaching $50 billion while the company only guided adjusted revenues to $1.57 billion for the year. My   previous article   discussed that even a dip to the recent price of $50 would leave the stock in a stretched valuation so investors need to be careful chasing the stock here. Read the full article at Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.   

Blue Apron (APRN) has soared above $1 following news that the company has a partnership with Weight Watchers International (WTW) . The move makes one wonder whether the partnership will lead to Oprah Winfrey pushing Blue Apron products. If so, investors can only dream of the same boost provided to Weight Watchers following their deal with Oprah. Beginning on October 1, 2015, the stock surged over 1,500% in the next 3 years.

One of the bigg est momentum trades coming out of the market correction of 2018 will likely be Square (SQ) . The mobile payments firm dipped an incredible $50 or 50% from the peak in September over $100. The stock bounced off strong support around $50. 

Alphabet is positioned for substantial hardware revenue growth. The hardware division isn't positioned as a profit driver due to low margins. The smart speaker business isn't materializing as a direct profit driver as consumers shy away from voice commerce purchases. The stock remains cheap based on an enterprise value, trading at only 13.4x forward EPS estimates. As other tech giants make the move to high-margin services,  Alphabet ( GOOG ,  GOOGL ) continues making the odd shift into hardware. A big part of the move is to lock consumers into their services and advertising revenue streams. The stock remains incredibly cheap back below $1,000 as highlighted in my  previous research , but the push into hardware isn't likely to contribute to this valuation. Read the full article on Seeking Alpha.  Disclosure: Long AAPL. Please review the disclaimer page for more details. 

As part of the announcement regarding the acquisition of Small Giant Games for $560 million, Zynga (ZNGA) increased bookings guidance for Q4. The mobile-game developer now expects to reach $260 million in bookings during the quarter prior to closing the deal.