The Rokslide Stock Traders Thread

[MountainTracker]

UPS- I don't see how the stock will be a big grower when their labor cost is through the roof and they cannot raise prices without losing business. They are between a rock and a hard place. They all ready have a bunch of automation in their system.

Trading stocks/ETF's in a taxable account on a 10% dip is silly when the tax consequence is 30%-50%. One step forward and 1/2 step back.
(No taxable consequences trading in an IRA)

I think the best strategy is to re-evaluate the growth potential going forward and if the thesis is still sound- hang on. There was a lot of hype that needed to come out of the AI related stocks.

Speaking of going forward, what will continue to grow exponentially?

Data centers- data is a monster. 90% of the worlds data was created in the last 2 years. So many differing stats but that segment is growing so fast it's crazy.

Cyber security- it takes more and more to stay ahead of hackers.

I'm not advocating for purchasing these at ridiculous valuations.

Buying these stocks at a somewhat reasonable valuation is a long term winner. Examples; I own big chunks of GOOG and META which have a good valuation to Growth rate. I'm not worried about the 8% decline in Meta- it will continue to grow into its valuation just as GOOG is. Both of those companies print $$$$$.

I agree that data centers will continue to grow bc AI will continue to grow which requires data centers and power, lots of it.


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[MountainTracker]

For you oil/energy guys.

ConocoPhillips is going to cut up to 25% of its labor force by the end of the year. They are siting low oil prices for why. Down on News.

https://finance.yahoo.com/news/exclusive-conocophillips-says-reduce-workforce-145930040.html

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[eddielasvegas]

For you oil/energy guys.

ConocoPhillips is going to cut up to 25% of its labor force by the end of the year. They are siting low oil prices for why. Down on News.

https://finance.yahoo.com/news/exclusive-conocophillips-says-reduce-workforce-145930040.html

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This is interesting. 20-25% is not chump change. COP has ~12k employees. 3k great paying jobs gone is not good.

Oil is $63/bbl today. COP must be expecting oil prices to drop 15-20%.


Eddie

 

[HuntHarder]

SMR's continue onward. Can't help but think a big pullback is in the near future. Valuations sky high with no products yet available. COST is stalled and has been trading sideways all year. Was hoping for a split at some point, but still hasn't happened. It's been a good stock over the last couple years but I might start looking for an exit.