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Showing posts from November, 2022

Adding CB (Sooner Than Expected)

I was going to add later, but when I looked at the day chart, I saw an indicator candle that made me think there's some upside in the near-future. I will post a screenshot of the chart later. CB is in an interesting spot -- near all-time highs and simultaneously undervalued. I get fair-price estimates from FINBOX, a great service IMO, and statistics from SeekingAlpha (although you can find those many places, including Yahoo Finance). FINBOX gives CB a fair price of $291.64 and thus 32.8% upside. CB is outperforming SPY by a whopping 32.86% (SPY -10.51% over 1 year and CB + 22.35% over 1 year). There's also CB's 1.53% dividend yield. On the one hand, I hesitate to add too much at once since the stock price is so near the all-time high. So I'm going to buy about $600 worth instead of $1,000, for now. CB + 3 shares@ $224 (AH price) = $672 This website is created and authored by Marlin Sandlin and is published and provided for informational and entertainment purposes only a...

Adding SNOW @ $126

SNOW beat earnings but revised guidance down. That led shares down 12.5% after-hours. In my opinion, the revised guidance is due to macro conditions more than the quality of SNOW as a company. Since SNOW has continually traded at high valuations, I like picking up SNOW here near its 52-week low. Note, this is not a deep-dive blog. For information on SNOW, I recommend Julian Lin's 10-26-22 article on SNOW and Michael Wiggens de Oliviera's 10-11-22 article on SNOW (both on SeekingAlpha). Buying 9 shares of SNOW @ $126 = $1,134. SNOW is a risky stock like CRWD. But I like the growth potential enough to take on those risks. ------------------------------------------------------------------------------------------------------------------------------- GOOGL rose 6.08% today. CRWD closed at $117.67. I plan to add a blue chip stock/s next unless a tremendous growth-stock opportunity presents itself. Some stocks I'm considering are CB, MA, WM, and TRTN. For those wanting more inform...

The Model Portfolio

Seeing as CRWD is near its two-year low, I think it's a good time to start a position.  The model portfolio will be a collection of 15-20 stocks I own. The portfolio will be composed of a combination of blue chips, mature growth stocks, and "moonshot" growth stocks.  Some blue chips could include TJX, WM, TRTN, CB, and UNP, among others. The mature growth stocks include companies with solid track records like NOW, ANET, PAYC, and INTU. The "moonshot" stocks are hyper-growth companies with tremendous upside, but they could also go to zero -- these are VERY RISKY stocks. My strategy is that, by buying several moonshot stocks, hopefully, at least one will become a multi-bagger and hopefully make up for other moonshot losses. SeekingAlpha Premium gives one access to many in-depth stock articles, and my research generally starts there. The allocation and prices do not reflect my actual positions, but I will not choose a stock I don't already own. Model Portfolio ...

CRWD -19% AH

I didn't have a strong feeling about which way the stock would go after-hours. I could see it rising or tanking even with good earnings. In this case, CRWD lowered guidance. Combine lowered guidance with CRWD's demanding valuation, and that could explain much of the dip. We are in an unforgiving market for tech and especially hyper-growth tech. Moves are exaggerated in both directions. I put in an order for CRWD AH @ $115.  Tomorrow SNOW reports. If it dips AH, I may add. This website is created and authored by Marlin Sandlin and is published and provided for informational and entertainment purposes only and merely cites my own personal opinions.  I am not a financial advisor, and this website is not intended to constitute investment advice or provide specific advice or recommendations for any individual or on any specific security or investment product.  Any action you take upon the information you find on this website is strictly at your own risk.  This website may...

The Week Ahead - Nov. 27, 2022

Earnings are coming up for some hyper-growth companies, including CRWD, SNOW, ESTC, ZS, PATH, and ASAN. My eyes will be on CRWD and SNOW. CRWD and SNOW trade near historically-low valuations, and any post-earnings dip could be a buying opportunity. To me, the only negative for CRWD is the valuation. For SNOW, it's the valuation and the absurdly high SBC (stock-based compensation). But if these companies achieve their growth goals, then their current valuations could be cheap from a long-term perspective. CRWD has a strong history of beating guidance. But even if that's the case again, that's no guarantee the stock rises AH. CRWD dropped AH after 3 of 4 quarterly reports in 2021 (it also dropped 4.9% after last quarter's earnings). SNOW stock dropped AH on March 2 and May 25, so a repeat of that wouldn't surprise me. In summary, I will most likely add shares of CRWD and SNOW if they drop AH. ESTC and ZS could also be good adds on a dip. I do not know enough about PAT...

Additional Investing Resources

I have used many sources in my investing journey -- these are some I've found the most helpful: The Data-Driven Investor (online service), Potential Multibaggers (online service), Best Anchor Stocks (online service) One Up on Wallstreet by Peter Lynch (book), and The Intelligent Investor by Benjamin Graham (book). A basic SeekingAlpha subscription gives one access to a wealth of information about stocks, bonds, REIT's, and ETF's. This website is created and authored by Marlin Sandlin and is published and provided for informational and entertainment purposes only and merely cites my own personal opinions.  I am not a financial advisor, and this website is not intended to constitute investment advice or provide specific advice or recommendations for any individual or on any specific security or investment product.  Any action you take upon the information you find on this website is strictly at your own risk.  This website may share links to articles and information which i...

Welcome to TradeStop

TradeStop is meant to be a resource for quick information, technical analysis, opinions, and stock observation. TradeStop is meant to be a launchpad for further research for readers -- NOT an advice blog. For those interested in growth stocks, tried and true blue chips, and technical analysis, you may like it here. Only you can click buy and sell and are 100% responsible for your trading decisions. The utility of Technical Analysis in trading is debatable. But TA is something I use in my personal investing, and I will use it here as well. This website is created and authored by Marlin Sandlin and is published and provided for informational and entertainment purposes only and merely cites my own personal opinions.  I am not a financial advisor, and this website is not intended to constitute investment advice or provide specific advice or recommendations for any individual or on any specific security or investment product.  Any action you take upon the information you find on th...