Millennial
December 8, 2022 | Daily JAM, Millennial, Videos |
Today I posted my two-hundred-and-fifteenth YouTube video: Quick Pick Pilbara Minerals. Pilbara is an Australian hard rock lithium producer. Hard rock lithium comes from mining spodumene deposits as opposed to getting lithium from brine. Turning lithium from brine into the Form of lithium that can be used in a battery requires more processing steps. That can make spodumene a lower-cost source if the deposit is rich enough. Currently, just about all lithium has to be processed in China before going to battery makers. American companies like Tesla hope to open processing plants of their own, and Pilbara has plans to build a test processing facility in Australia. The company will decide in early 2023 if it will go ahead with that plan. The stock is up about 26% for 2022. Pilbara recently released its fiscal first quarter 2023 results with gross sales reaching $1.04 billion, a number that’s nearly equivalent to the total revenue for all of the 2022 fiscal year. Clearly, the company is in the early stages of a growth ramp. I’m adding this stock to my Special Report: “Buy the Future for Pennies with These 10 Penny Stock Picks” on my subscription JubakAM.com investing site (as the # 9 Pick.) I’ll also be adding it to my Millennial Portfolio on that site on Friday, December 10.
December 1, 2022 | Daily JAM, Millennial |
This week’s Quick Pick is Defiance Quantum ETF (NYSEArca: QTUM). I recommend this great piece in Barron’s this week from Eric J. Savitz on the future of Quantum Computing. As Savitz points out, Quantum Computing is likely to be a next big thing in computing. Venture capitalists have recognized this, with 251 quantum-computing start-ups raising $4.5 billion in VC funding since 2017. At this point, there are a lot of different approaches to this technology and it’s too early to tell which of these companies will win out, which is why I’m recommending this ETF. QTUM is down about 26% to 2022 to date, much less than any of the individual quantum startups. With an expense ratio of 0.4%, it’s a relatively cheap ETF. I would expect to see this price dip again in early 2023, though with a very long-term play like this, it’s less important to get in at the very bottom. I’ll be adding this to my Millennial Portfolio, where I have stocks with a really long time horizon, which is available on my paid site, JubakAM.com.
November 30, 2022 | Daily JAM, GWH, Millennial, Special Reports |
Call this bookkeeping. I recommended ESS Tech (GWH) in my November 11 Quick Pick video on Youtube. Today I’m adding it to my Special Report: Own the Future for Pennies with my 10 Best Penny Stock Picks as pick #8. And to my Millennial Portfolio–For Investors With More Time Than Money. The stock is down $6.44% today November 30 to $3.0386, so this seems a good time to buy for patient, very long-term investors. Here’s what I said in that YouTube video.
November 29, 2022 | Daily JAM, Millennial, PANW, Top 50 Stocks, Videos |
Today I posted my two-hundred-and-tenth YouTube video: Quick Pick Defiance Palo Alto Networks. This week’s Quick Pick is Palo Alto Networks (NASDAQ: PANW), the cyber security software platform company. During this bear market, it’s not surprising to see some stocks down nearly 50% and trading at 30% to40% discounts, but Palo Alto has managed to drop only 8% for 2022 and is trading at a relatively slight 15% discount to fair value, according to Morningstar. While Palo Alto has had its severe dips, it recently bounced back up after announcing very solid earnings. In the quarter sales were up 25% year over year and annual recurring revenue (from SAAS subscriptions) was up 67% and billings were up 27%. Palo Alto covers a lot of areas of cybersecurity, making it a more attractive alternative for enterprise corporations looking to consolidate their security software and move to a one-stop shop that can cover more aspects of their security needs. I’m reluctant to buy anything in this continuing bear market, but would suggest looking at this stock in February 2023 or so, especially if it dips again. Palo Alto Networks is a member of my long-term 50 Stocks Portfolio on my two investing sites. The stock is up 108% since I initiated that position on January 21, 2020. The stock is also a member of my Millenial Portfolio on my subscription site JubakAM.com. That position is ahead 41% since May 21, 2021
October 19, 2022 | Millennial, Top 50 Stocks, TSM |
I hate to do this. Taiwan Semiconductor Manufacturing (TSM) is the premier chip manufacturer in the world and I see the company continuing to grow revenue from the increasing demand for smaller and more powerful chips. And I certainly hate to sell a stock that’s down 46% for the year to date as of the close on October 18. Under ordinary circumstances, I would hold on and ride out the current slump in the semiconductor cycle. After all, we’ve been here before, right? Except that the U.S.-China trade war and the possibility that China will look for a confrontation over Taiwan make the current circumstances anything but “ordinary.”
October 3, 2022 | Daily JAM, Jubak Picks, Millennial, Special Reports, Top 50 Stocks, Volatility |
Is there such a thing as a perfect stock? Depends. Not a chance, if you mean a stock that will be perfect in every market for every time period. No way, if you mean a stock that will go up steadily from the day you buy it. Nah, if you mean a “Buy and Hold Forever Stock.” But there are stocks that are “perfect” for a specific kind of market. And there are stocks that are “perfect” for a specific holding period. And there are stocks that are “perfect” for investors with a specific portfolio goal. And in this Special Report, I’m going to give you 10 of those Perfect Picks.
September 26, 2022 | Daily JAM, LAZR, Millennial, Special Reports |
Luminar Technologies (LAZR) has pretty much all the characteristics the Bear Market hates most right now. The company went public via a SPAC (Special Purpose Acquisition Company), once the hottest “invention” on the stock market and currently one of the most scorned. The company has tiny revenue–just $37.11 million for the trailing 12 months. And big losses: the operating loss for the trailing 12 months is $327.88 million. (The company had $605 million in cash on hand on June 30, 2022.) No wonder the stock is down 56.4% for 2022 as of the close on September 23. The stock traded at $7.49 a share as of 3 p.m. New York time on September 26. But what puts Luminar on my list of Penny Stocks to Buy the Future is that this company is likely to be the largest pure-play supplier of LIDAR (Light Detection and Ranging–think of it as radar that uses lasers and light instead of radio waves) for self-driving cars and for enhanced safety and driver assist technologies on more conventional cars.
September 15, 2022 | Daily JAM, EVGO, Millennial, Morning Briefing, Volatility |
Wednesday, September 14, President Joe Biden used a visit to the Detroit Auto Show to announce the release of the first $900 million in funding for the buildout of a national network of charging stations for electric vehicles. The funding, part of $7.5 billion in the Infrastructure bill to build out a network of 500,000 charging stations, would go to 35 stations to build charging networks along 53,000 miles of highways. Today, the sector is moving up rapidly with ChargePoint up 8.60% and EVgo up 12.16% as of 2:30 p.m. New York time.
August 30, 2022 | Daily JAM, Millennial, TELL |
Shares of liquified natural gas startup Tellurian (TELL) fell 14.44% yesterday and are down another 3.64% today, August 30, as of 1 p.m. New York time. What’s up? And should you be worried if you own shares? Thanks to watching (and owning) Cheniere (LNG) during the years when that company got its liquified natural gas export facility online, I think investors have a pretty good idea of what to expect from Tellurian as it treads much the same path. Yesterday produced news in two areas that exactly match up with investor concerns during this period of Tellurian’s growth.
August 29, 2022 | Daily JAM, Millennial |
I’d intentionally slowed filling out the 10 picks in my Special Report: “Buy the Future for Pennies with these 10 Penny Stock Picks” to avoid any big sell-off from Jerome Powell’s Friday, August 26, Jackson Hole speech on inflation and interest rates. Now that the speech is done with and Friday’s market drop is behind us, I’m going to move ahead with finishing this list. Today, I’m making Lynas Rare Earnings (LYSDY) the sixth of my 10 Penny stock picks.
August 24, 2022 | Daily JAM, Jubak Picks, Millennial, PANW |
After the close on Monday, August 22, Palo Alto Networks (PANW) reported fiscal fourth-quarter (adjusted) earnings of $2.39. a share. Analysts had projected $2.28 a share. Revenue climbed 27% to $1.6 billion. The company also announces a 3/1 stock split.
June 8, 2022 | AMAT, Daily JAM, Millennial, Top 50 Stocks |
My second Fundamental Value Pick in my Special Report 5 Fundamental Value Picks is Applied Materials (AMAT). Let’s go to the classic formula for calculating fundamental value of an asset, the Capital Asset Pricing Model, known affectionately by generations of MBA students as CAPM. Don’t worry. I’m not going to force you into the sometimes arcane mathematics of CAPM. Instead I’m going to use the formula as a framework for understanding what matters in calculating a fundamental value for a stock–as well for understanding how these factors fit together.
