Out Fox The $treet

Update - Feb. 7 Royal Caribbean just forecast a record year in 2023. It's crazy how a lot of people were short the stock thinking BK risk was real. -Q4 Non-GAAP EPS of -$1.12 beats by $0.22. -Revenue of $2.6B (+164.7% Y/Y) misses by $10M. -The company expects to exceed prior record Adjusted EBITDA, achieved in 2019. The company expects Adjusted Earnings per Share in the range of $3.00 to $3.60 vs consensus of $3.23. Original article posed on Jan. 13 Travel sector peers have reported numbers suggestive of a big rebound ahead for cruise lines. Royal Caribbean had predicted record EPS in 2025 topping $10 and the American Airlines numbers make this prediction appear far more realistic. The stock is cheap trading at 6x 2025 EPS targets. The market keeps doubting the cruise lines, yet  Royal Caribbean  ( NYSE: RCL ) is finally pushing recent highs. The travel sector news continues to shine in an indication of the earnings power ahead for the cruise line. My  investment thesis ...

This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Update - Feb. 6 Pinterest reports after the close with a big focus on users, not EPS or revenues in this tough market. -Pinterest (NYSE:PINS) is scheduled to announce Q4 earnings results on Monday, February 6th, after market close. -The consensus EPS Estimate is $0.28 (-42.9% Y/Y) and the consensus Revenue Estimate is $886.78M (+4.7% Y/Y). Update - Jan. 20 Always wonder about these analyst surveys when most people aren't very interested in surveys. It would be crazy that Pinterest  is struggling with advertising after Twitter has lost so many advertisers after the Musk deal. -Pinterest shares gave up 2% in pre-market trading Friday as MKM Partners analyst Rohit Kulkarni cut his rating on the social-information sharing company in large part due to cautious comments about online advertising. -Kulkarni lowered his opinion of Pinterest (PINS) to neutral fr...

Update - Feb. 3 C3.ai is up over 100% in a month and an analyst comes out with a $30 PT. Where was this analyst at $10??? The stock is getting very frothy here.  -C3.ai (NYSE:AI) continued its surge to start 2023, gaining 15% on Friday, as investment firm D.A. Davidson & Co. started coverage on the artificial intelligence software company, calling a "truly scarce asset." -Analyst Gil Luria initiated coverage on C3.ai (AI) with a buy rating and a $30 per-share price target, implying some 20% from current levels. Update - Jan. 31 C3.ai has surged to $20 based on solely implementing ChatGPT and offerings from Google into their AI products. Investors shouldn't chase this rally.  C3.ai ( NYSE: AI ) shares   jumped nearly 19%   in early trading on Tuesday after the Thomas Siebel-led company   announced   it was introducing a new artificial intelligence focused product suite. The new suite, known as C3 Generative AI Product Suite, uses natural langua...

Update - Feb. 2 SoFi is probably due for a pause here near $8 after the strong 2023 guidance propelled the stock higher. The short attack actually had investors selling in the $4s while CEO Noto was buying. The fintech still has more upside after a congestion period.  Original article posed on Jan. 30 SoFi reported another strong quarter with revenue growth surging to 58%. The fintech guided to another strong year with adjusted EBITDA nearly doubling to $270 million in '23. The stock is cheap at only 23x '23 adjusted EBITDA targets despite much faster growth rates. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Despite major headwinds,  SoFi Technologies  ( NASDAQ: SOFI ) continues to blow away expectations. The fintech remains far more profitable than the market thought and the fast growth justifies a far higher stock price. My  investment thesis  remains ultra Bullis...

This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Update - Jan 25 Truth Social is DOA now.  Meta Platforms ( NASDAQ: META ) is  reinstating Donald Trump's accounts  on Facebook and Instagram after two years of suspensions spurring from the U.S. Capitol attacks on Jan. 6, 2021. Digital World Acquisition Corp. ( NASDAQ: DWAC ), the blank-check company tied to  Trump's Truth Social media efforts, has  fallen 3%  postmarket. Update Dec. 16  Not a good sign to have this many executives and board members fleeing already. The stock has absolutely no reason for still trading this close to $20.  -Trump SPAC Digital World Acquisition (NASDAQ:DWAC), which is taking Trump's social media company and Truth Social app public, fell 4% after disclosing the company's chief financial officer resigned last Friday. -Luiz Philippe Braganza resigned as CFO last Friday, according to an 8-K ...

This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Update - Jan. 25 LendingClub reports after the close with focus on 2023 with the pre-announcement: -The consensus EPS Estimate is $0.22 -The consensus Revenue Estimate is $258.37M (-1.5% Y/Y). Original article was posted on Jan. 14 LendingClub reported preliminary Q4'22 numbers right on estimates. The fintech reported disappointing loan originations to impact '23 numbers leading to an opportunistic workforce reduction of 14%. The stock is cheap trading below TBV and at just 6x EPS targets for '22. The current tough macroeconomic backdrop makes analyzing most equities very difficult. In the case of  LendingClub  ( NYSE: LC ), the fintech faces a hiccup in investor demand due to the rapidly rising interest rate environment impacting financing costs. My  investment thesis  remains ultra Bullish on the stock trading below $10 due to the norm...

HEXO has seen a massive rally this year following the stock price collapsing in December during a reverse split. The Canadian cannabis company has cut the adjusted EBITDA losses, but the company faces deteriorating sales due to the reduced spending levels. The stock has a minimal market value of $70 million, but the large convertible debt level makes the stock a Sell into the rally. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   HEXO  ( NASDAQ: HEXO ) has been on a hot streak since the stock collapsed following a reverse split in December. The Canadian cannabis company has substantially cut costs leading to a major dip in revenues in the last few quarters. My  investment thesis  is Bearish on the stock with a questionable path forward following a major restructuring. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for mor...