Z-SYMBOLS
May 5, 2022 | BKNG, Daily JAM, Jubak Picks |
Shares of Booking Holdings (BKNG) were up 3.23% as of 3:40 p.m. New York time today, May 5, after the company announced first quarter earnings that beat Wall Street estimates. The company reported adjusted earnings of $3.90 a share, up from a loss of $5.26 in the first quarter of 2021. Revenue climbed to $2.7 billion from $1.14 billion in 2021. Wall Street analysts were expecting earnings of 85 cents a share on revenue of $2.53 billion. Gross bookings in the quarter rose to $27.3 billion, the highest quarterly figure in the company’s history.
May 3, 2022 | AMD, Daily JAM, Volatility |
After the close on May 3, Advanced Micro Devices (AMD) reported first-quarter earnings of $1.13 a share, excluding some items. Wall Street analysts had projected earnings of 92 cents a share for the quarter. Sales rose 71% to $5.9 billion, topping projections of $5.3 billion. The results pushed shares up 9.10% in trading on May 4.
May 3, 2022 | BABA, Daily JAM, Jubak Picks, TCEHY, Top 50 Stocks, Videos |
My one-hundredth-and-ninth-eighth YouTube video “Trend of the Week China’s back!” went up today. At the end of last week, the Chinese government sent signals that it would make moves to stimulate the slowing economy amid widespread lockdowns, as well as letting up slightly in its crackdown on internet companies. This has sent Chinese tech stocks soaring, with multiple percentage-point increases in a few hours. In this video, I look at Tencent (TCEHY), JD.com (JD), Alibaba (BABA) and Meituan (MPNGF) and talk about why this is an important trend to follow, but why we’ll only see these stocks go up in the short term before government pressure sends them back down.
May 3, 2022 | COP, Daily JAM, EQNR, Jubak Picks, LNG, Morning Briefing, PXD, Volatility |
Normally at this time of year natural gas prices retreat and companies actually stash natural gas in storage for use durin hurricane outages in the fall and winter heating season. Not this year, however. Today natural gas prices in the U.S. hit a new 18-year high. At 11:20 a.m. New York time natural gas for June delivery climbed to $8.08 per million BTUs, up 8.12% on the morning
May 2, 2022 | CMI, Daily JAM, DNNGY, ES, FQVLF, JCI, LICY, Long Term, SCCO, Special Reports, Top 50 Stocks |
All you have to do to find the high profits that will make the risk of investing in climate change stocks worthwhile is to focus on sectors (1) where the rewards are solid and the risk is quantifiable, (2) where companies are making profit the old-fashioned way by building out networks and then charging high rents to use them, by (3) carefully targeting a few technologies (wind and solar and hydrogen and electric cars) that will be part of any mix of solutions, and (4) by investing in bottlenecks that are likely to drive prices up (and provide good profits for companies that resolve the bottleneck.
May 2, 2022 | BABA, Daily JAM, Jubak Picks, Stock Alerts |
My one-hundredth-and-twenty-eighth YouTube video “Quick Pick Alibaba” went up today. Alibaba (BABA) and other Chinese internet companies have been struggling recently under the pressure of a government crackdown. However, with the slowing of the Chinese economy due to ongoing Pandemic lockdowns, the government has signaled that it will let up a bit on this crackdown (and move to add more stimulus to the economy.) Not surprisingly the shares of these companies have picked up some momentum. This is not a long-term pick–the government can and will reverse this loosening. Get some profits on Alibaba while the getting’s good. (Which is why I’m adding it to my 12-18 month Jubak Picks Portfolio and not by long-term 50 Stocks Portfolio.
April 29, 2022 | Daily JAM, Friday Trick or Trend, JJA, JO, Volatility |
There were very few places to hide in this week’s stock market decline. A number of the old reliable places to hide aren’t providing much protection in the current stock market drop. But I did see two splashes of green today among the sea of red.
April 29, 2022 | AMZN, Daily JAM, Top 50 Stocks, Videos |
My one-hundredth-and-twenty-seventh YouTube video “Lessons from Amazon” went up today. In this video I’m looking at Amazon’s (AMZN) earnings report after hours on April 28. The company delivered its first quarterly loss in 7 years. The shares closed down 14.05% the next day. I think that the questions Amazon is facing are important across the economy as we emerge from a Pandemic. For example, looking at Pandemic sales trends do you invest in fulfillment and shipping infrastructure to maintain consumer expectations for quick delivery or do you hold back on spending on the likelihood that post-Pandemic trends will revert to lower pre-Pandemic patterns? Amazon’s decision to invest in building out fulfillment, and its flat sales numbers, led to this quarterly loss. Other companies such as Uber, DoorDash, Netflix, Peloton, and Starbucks face the same issues going forward.
April 29, 2022 | BABA, Daily JAM, Jubak Picks, Stock Alerts |
The Chinese government has promised more stimulus to prop up growth in the country’s economy and the Politburo has indicated that, at least temporarily, it will slow the pace of its regulatory crack down on China’s Internet companies. The combination, as I posted in today’s Quick Pick YouTube video, has launched a huge rally in China’s Internet and e-commerce stocks. As of 3 p.m. on Friday, April 29, the New York traded shares of Tencent Holdings (TCEHY) wee up 8.95%. JD.com (JD) hadgained 7.72%. And Ablibaba (BABA), the big name among foreign investors and the leading target of government regulators is up 8.26%. On this trend, I’m adding shares of Alibaba to my JubakPicks Portfolio today
April 27, 2022 | Daily JAM, Jubak Picks, Top 50 Stocks, V, You Might Have Missed |
After hours on Tuesday, April 26, Visa (V) reported earnings of $1.70 a share. That modestly beat analyst projections of $1.65 a share for the quarter. But it was a big jump from the $1.35 a share in the first quarter of 2021. Visa’s shares were up 6.47% on Wednesday. Visa is a member of my Jubak Picks Portfolio where it is up 239.26% since I added it to that list on November 15, 2015. As of April 28 I’m raising the target price on Visa in Jubak’s Picks to $266 from the prior target of $194. I will also add the stock to my long-term 50 Stocks Portfolio.
April 27, 2022 | Daily JAM, Jubak Picks, MSFT |
On Tuesday, April 26, Microsoft (MSFT) reported net income of $16.73 billion or $2.22 share for the company’s fiscal third quarter. That was up from net income of $15.46 billion or $2.03 a share in the third quarter of fiscal 2021. Wall Street analysts had projected earnings of $2.19. The company reported revenue of $49.36 billion in the third quarter, compared with $41.7 billion a year earlier. Wall Street was looking for revenue of $49.05 billion. For the fiscal year that starts on July 1 Microsoft forecast double-digit revenue growth. The company’s shares closed up 4.81% on Wednesday, April 27. Microsoft is a member of my Jubak Picks Portfolio where it is up 179.25% from my initial buy on June 4, 2018. As of April 27 I’m raising my target price on Microsoft to $352 a share from the prior $155.
April 26, 2022 | Daily JAM, Dividend Income, Jubak Picks, KO, PEP, Top 50 Stocks |
Neither company crushed Wall Street earnings expectations, but both reported good enough news in a very tough environment. I own PepsiCo in my long-term 50 Stocks Portfolio, where it was up 220.4% from my initial December 30, 2008 pick as of the close on April 26. I will add the stock to my 12-18 month Jubak Picks Portfolio tomorrow, April 27, with a target price of $190 a share. The stock pays a 2.47% dividend I own shares of Coca-Cola in my Jubak Picks Portfolio, where it was up 29.8% from my February 19, 2021 pick, and in my Dividend Portfolio, where it was up 41.75% from my May 1, 2020 pick. Tomorrow, April 27, I will add shares of Coca-Cola to my long-term 50 Stocks Portfolio. In addition I will raise the target price on Coca-Cola in my Jubak Picks Portfolio to $78 from the current $56 a share.
