November 20, 2024 | Daily JAM, Jubak Picks, PANW, Top 50 Stocks |
Shares ofPalo Alto Networks (PANW) fell 5.32% in after-hours trading today, November 20. The company reported earnings for its first fiscal quarter after the market close. Non-GAAP earnings per share of $1.56 beat analyst estimates by $0.08. Revenue of $2.14 billion, an increase of 13.8% year-over-year, beat by $20 million. But it wasn’t enough for a stock that trades at 54 times trailing 12-month earnings per share.
November 19, 2024 | Daily JAM, Jubak Picks, Videos |
Today’s Quick Pick is Goldman Sachs (GS). This is not a cheap stock. Goldman has had a good run in 2024 and is up 55% year to date. But this is the stock to use play the financial deregulation policies of the Trump administration. We’re moving from Biden’s administration that had a relatively high degree of scrutiny in merger and acquisition deals to an administration that will come close to approving any deal Wall Street proposes. The deal pipeline is full. Companies that were waiting on the election results to move deals forward will start the process as soon as the new President is inaugurated. Running an M&A deal is incredibly lucrative for an investment bank. Goldman Sachs is a big player in this market and will benefit from doing M&As and LBOs. This pick is how I’ll be playing the Trump financial deregulation and I’ll be adding it to my Jubak Picks portfolio tomorrow.
November 18, 2024 | Daily JAM, Jubak Picks, Morning Briefing, NVDA, Top 50 Stocks |
NVIDIA (NVDA) will release its third quarter results after the market closes on Wednesday. Analysts are forecasting over 80% year over year growth in both revenue and EPS. Several Wall Street firms have raised their price targets on Nvidia ahead of its earnings report, citing strong demand for AI chips and the potential for upside surprises. Analysts from HSBC, Oppenheimer, Susquehanna, Wedbush, Raymond James, and Mizuho have increased their price targets, with HSBC setting the highest at $200. The stock closed at $140.15 on Monday, November 18. On the other hand…
November 4, 2024 | CNH, Daily JAM, DE, Jubak Picks, Morning Briefing, Stock Alerts, Top 50 Stocks |
Today I added CNH Industrial (CNH) as Pick #7 for my Special Report “10 new stock ideas for an old rally.” I also added the stock to my Jubak Picks Portfolio. Here’s what I wrote:
I like farm equipment maker CNH Industrial for the same reason I own Deere (DE) in my long-term 50 Stocks Portfolio. In the long term the world’s farmers are facing a huge challenge: produce more food as an increasingly chaotic climate makes growing stuff harder and harder. One important piece of the solution is a new generation of intelligent farm equipment that uses artificial intelligence to guide everything from when to plant to when to fertilize. At the moment, though, I like CNH more on price. CNH, the #2 farm equipment maker, is invitingly attractive because it is so cheap, absolutely and in comparison to Deere.
November 3, 2024 | Daily JAM, FTNT, Jubak Picks, PANW, Stock Alerts |
Today I added Fortinet (FTNT) as Pick #6 for my Special Report “10 new stock ideas for an old rally.” I also added the stock to my Jubak Picks Portfolio. Here’s what I wrote:
There’s a long-term buying cycle in the firewall cyber security sector.
November 2, 2024 | Daily JAM, Jubak Picks, NVDA, Top 50 Stocks |
AI chipmaker Nvidia (NVDA) will join the Dow Jones Industrial Average, replacing chipmaker Intel (INTC), S&P Dow Jones Indices, the owner of the 127-year-old index, said late Friday.
October 31, 2024 | Daily JAM, GOOG, Jubak Picks, MSFT, Top 50 Stocks |
From BIG Tech earnings results so far, what seems clear is that if a company smashes through expectations like Alphabet (GOOG) did, the stock will climb. If, however, you merely match expectations like Meta Platforms (META) and Microsoft (MSFT) then shares retreat.
October 28, 2024 | Daily JAM, Jubak Picks, Short Term, Top 50 Stocks |
Right now the Magnificent 7 stocks that have provided so much of the leadership in this huge rally look like they will show slowing earnings growth when they–Amazon, Apple, Alphabet, Meta Platforms, and Microsoft are up this week–report in the next few days.
October 20, 2024 | AAL, Daily JAM, Jubak Picks |
Today I added American Airlines Group as Pick #4 in my Special Report 10 New Stock Ideas for an Old Rally. Here’s what I wrote.
October 20, 2024 | AAPL, Daily JAM, GOOG, Jubak Picks, MSFT, NVDA, Top 50 Stocks |
Amazon’s (AMZN) earnings report on Thursday, October 24, will start the Big Tech Earnings Parade off with a bang. Wall Street analysts are expecting the company to report earnings of $1.14 a share for the third quarter. That would be up from 85 cents a share in the third quarter of 2023. That would be a 34% jump in year over year earnings. Which would certainly be a great lead in to earnings from Alphabet (GOOG), Apple (AAPL), Microsoft (MSFT) and Meta Platforms (META) the following week.
October 15, 2024 | ASML, Daily JAM, Jubak Picks, NVDA, Stock Alerts, Top 50 Stocks |
I think the only important investing question for Nvidia (NVDA) is whether you want to buy it on the dip for along-term score or whether you want to sell when the stock bounces to a record high and then re-buy on the next dip? In my portfolios I’ve got both a one-term position in my 50 Stocks Portfolio, up 182% since December 7, 2023, and a more trading oriented position in my 12-18 month Jubak Picks Portfolio, where the position is up 22% since September 6 even with today’s loss. The stock was up 16% in the last month as of the October 14 close
October 10, 2024 | Daily JAM, Jubak Picks, VMC |
Here’s what I wrote today when I added Vulcan Materials to my Special Report “10 new stock ideas for a old rally.”