Z-SYMBOLS
December 12, 2023 | ASML, Daily JAM, Special Reports, Stock Alerts, Top 50 Stocks |
GREATER Growth Stock Pick #7: ASML Holding (ASML). ASML Holding is priced like a stock that owns 90% of the market for cutting edge photo lithography chip-making equipment. I want to own this stock as one of my 10 GREATER Growth Stocks, but I worry about paying that kind of multiple (35 times trading 12-month earnings per share), especially ahead of what is shaping up as a challenging 2024 for chip equipment makers in general and ASML in particular. But 2025 looks like a great year for chip equipment makers in general and ASML in particular. So timing is the key issue on buying this one.
December 11, 2023 | Daily JAM, DHR, Jubak Picks, Special Reports |
GREATER Growth Stock Pick #6: Danaher (DHR). Danaher is a smart (that’s key) serial acquirer–and asset divester–in the life sciences space. And that makes this stock very interesting in an environment where small, young life sciences companies might be looking for help/rescue/acquisition because they can’t raise capital in a tough part of the credit cycle. I like Danaher now, as well, because the stock looks to have just about completed its re-rating after a spike in sales during the Covid pandemic led to over enthusiasm about the stock.
December 6, 2023 | ALB, Daily JAM, GOLD, Jubak Picks, MSFT, NVDA, Special Reports, Stock Alerts, Top 50 Stocks, TSM |
Here are the first 8 picks for my GREATER Growth Stocks Special Report. More on the way.
December 1, 2023 | Daily JAM, GDX, GLD, GOLD, Jubak Picks, NEM |
Gold (for February 2024 delivery) was trading at $2087 an ounce on New York Comex today, December 1. That easily beats the old record high of $2051.50 an ounce back in August 2020. The shiny metal is up 12% from $1830 an ounce in early October. The SPDR Gold Shares ETF (GLD), which holds gold, is up 2.53% in the last month as of November 30. History, and the price action on the Gold Shares ETF, tells us that at this point in a strong gold rally, it doesn’t pay to chase gold itself, but it does pay to buy shares of gold miners.
November 29, 2023 | Daily JAM, GM, Jubak Picks, Stock Alerts |
Shares of General Motors (GM) are up 11.39% today, November 29, on news that the company will boost its dividend by 33% (to 12 cents a share from 9 cents) and repurchase $10 billion of shares. I’m selling my position in the stock in my 12-18 month Jubak Picks Portfolio. That position is now down 10.03% since I added it to the portfolio on October 4, 2022. I don’t see anything in this report that changes the fundamentals of GM’s car business. Yes, the company demonstrates today with its biggest-ever buyback plan that its legacy gas-powered vehicle business throws off tremendous amounts of cash. Now. But the company has pulled back on many of the expensive investments that would have brought GM into the electric vehicle future.
November 28, 2023 | AAPL, AMZN, Daily JAM, GOOG, Morning Briefing, MSFT, NVDA |
Hedge funds are unwinding some of their overweight positions in technology stocks after their concentration in the sector reached record levels, according to Goldman Sachs. Net selling in tech, media and telecom stocks last week was the most since July, Goldman Sachs wrote in a note today. Information Technology (XLK) and Communication Services (XLC) were the most net sold sectors, Goldman said. And, among subsectors, sales of software stocks, chips and chip equipment and interactive media and services “were by far the most net sold.” The outweighed buying in IT services and media.”
November 21, 2023 | AAPL, AMZN, Daily JAM, GOOG, Jubak Picks, MSFT, NVDA, Top 50 Stocks, TSLA |
On Monday Nvidia (NVDA) hit an all-time high. For 2023 through November 17, Nvidia and the other 6 stocks in the Magnificent Seven–Apple (AAPL), Alphabet (GOOG), Microsoft (MSFT), Amazon (AMZN), Meta (META), and Tesla (TSLA)–have gained more than 70%. The other 493 stocks in the Standard & Poor’ 500 are up 6% for that same period.
November 21, 2023 | Daily JAM, Long Term, NVDA, Stock Alerts |
Nvidia (NVDA) beat Wall Street expectations again. After the market close today, November 21, the company reported adjusted earnings per share of $4.02 on revenue of $18.12 billion. Analysts had projected adjusted earnings per share of $3.36 and revenue of $16.1 billion.
November 21, 2023 | AMZN, Daily JAM, Morning Briefing, MSFT |
I’m trying to decide if we’re watching a legitimate rally or a classic bear trap. If this rally is real, and likely to run for a while, investors should be putting cash to work even at market highs. If it’s a bear trap-you know one of those upward moves designed to pull in cash from the sidelines just before green turns to red in the market, then you ought to be using this moment as a selling opportunity, taking profits, and building cash for better barging down the road. A new survey by Goldman Sachs shows concentration in big tech stocks is at a record high. What does that mean?
November 18, 2023 | Daily JAM, NVDA, Short Term, Stock Alerts, Top 50 Stocks, TSM |
Nvidia’ earnings report after the close on Tuesday, November 21, will be the big event of the short Thanksgiving week.
November 9, 2023 | Daily JAM, Jubak Picks, LLY, Stock Alerts |
On Wednesday the Food and Drug Administration approved Mounjaro from Lilly, as an obesity drug, after clinical trials showed that patients lost an average of 18% of their body weight. The drug will be marketed as Zepbound in the obesity market. This puts Lilly into direct competition with the wildly popular Wegovy weight-loss drug from Novo Nordisk (NVO)
November 3, 2023 | Daily JAM, Jubak Picks, RWM, Short Term |
On Monday, I will add to my short position in the small-cap Russell 2000 by buying more of the ProShares Short Russell 2000 ETF (RWM) for my Jubak Picks Portfolio. This buy will give me two positions in the ProShares Short Russell ETF. The first position, added to the portfolio on July 23, 2023 is up 0.08% as of the close on November 3. Why go all in on shorting the Russell now?
