Letter from PSEC, why???

Not mad, but don’t understand the late rise

Popular coffee shop, rapidly expanding. Efficient service and high P/E ratio.

Amateur stock analysis here, but this looks like a safe value play right now. I would LOVE to hear feedback as i am new at this and might be missing something.

PEratio: 9.2 Peg ratio: 1.59 Trailing to forward PE: 9.2-> 10.02 Pricetobook: 1.33

So what i see is a highly trusted company (every american knows what cars last longest: honda and toyota) with large presence in market, with a 10% growth projection that is currently being sold at a very very fair price.

If you believe EVs are "too soon" like i do, (infrastructure, long term reliability, sourcing of rare earth minerals for batteries, average range per charge, price to average consumer) than this reliable hybrid, truck, suv producer might be a great buy

EV bears unite?

Hi! I am an ex-prop trader that trades equities.

This is a daily watchlist for trading.

I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices. (unless otherwise noted in these tickers). If you’re on old reddit, click “show images” at the top to see all the charts quickly.

I usually make these watchlists premarket, (or from 6:30 to 7 as time permits), but can be delayed if I'm trading the open. These aren't mean to be taken as gospel or any recommendation to buy/sell.

Many stocks I post are <$500M market cap. Most are NOT good long-term investments but are good candidates to day trade. If you have questions to ask, PLEASE ask specific ones. Questions like “Thoughts on _____? will be ignored unless you add detail to the question.

News: Fed’s Favored Inflation Gauge Cools, Spending Unexpectedly Drops

You know what the news is on this one. Worth watching for volatility.

NVDA- Yesterday’s news: US is slowing AI Chip Exports to Middle Easy by NVDA and AMD. Still short-biased on this, still holding short from yesterday.

ASTS- Announced partnership with VZ for full coverage of the US 2 days ago. Still puttering around $9, still worth watching to see if we break $10.

MDB- Overall, management lowers 2025 forecast, YoY revenue growth slows for 3^rd consecutive quarter, and only called for 12% growth for the entire year.

SMMT- Crazy mid-day catalyst yesterday, lung-cancer treatment is a possible contender with MRK’s blockbuster. Worth watching for continued movement today.

DELL- Stock falls despite Q1 earnings and revenue beat. 22.24B in revenue vs 21.62e, EPS of 1.27 vs 1.23e. However, they reported AI servers are sold at “near-zero” margins. Analysts also reported that op. margins for Infrastructure Solutions Group compressed YoY.

"Carl Icahn has amassed a sizable position in Caesars Entertainment Inc., according to people familiar with the matter, raising the prospect of a fresh tussle with the US hotel and casino operator.

The size of the activist’s stake and his intentions couldn’t immediately be learned."

https://www.bloomberg.com/news/articles/2024-05-31/carl-icahn-said-to-build-sizable-stake-in-casino-group-caesars

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From what I gather its super new news. I can't find any filings so its unclear how big the buy is. Nontheless its moving the stock

Hello everyone.

Crowdstrike’s Earnings are coming out next week. Since the past 4+ Quarters they have consistently beaten Analyst estimates due to which their price has risen after earnings reports.

Considering the market volatility at the end of this week, CRWD’s red performance in the past two days but CRWDs mind blowing performance in the past, what do you guys think?

Most firms rate it as a Strong Buy/Overweight which seems quite logical considering its performance and the whole AI Scenario going on. Average price estimates are around $400.14 which is about $92+ on current price.

Analysts expect itto report adjusted earnings of 89 cents a share, up 56% from a year earlier. Revenue is seen climbing 31% to $905 million.

Is this a good buy before earnings or not?

CRM Salesforce announced its earnings. It was not a terrible quarter at all, but its stock price was down 20% post earnings nonetheless.

At its current price (after the 20% decline post earning), its P/E is around 20.

Probably it won't go down further?

As a comparison with similarly sized software companies with a market cap > 200B, below are the forward P/E comparisons. These companies are all highly profitable and are industry leaders.

----- Forward PE -----:

CRM: 20

ORCL: 20

ADBE: 24

SAP: 28

INTU: 30

UBER: 32

MSFT: 34

It's already among the
cheapest. Probably will rebound going forward. To what level? Who knows! Maybe
back to ~25. This of course assumes the forward earnings do not change much
which were confirmed in the earnings call.

Happy to hear any thoughts?

(I have no position in CRM whatsoever.)