| From: PatrickM | 6/17/2024 10:53:57 PM | | | | | | | Looking for opinions about HSY, SBUX, and MCD. They are among the few positions I have losses in, with HSY and SBUX down over 10 percent each, and MCD down almost 10 percent. I don't know if I just bought too soon and I should hold on, or if there are more serious issues with any or all of them. Would love any thoughts or opinions about these three. |
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| To: PatrickM who wrote (5004) | 6/18/2024 6:36:29 AM | | From: SeeksQuality | | | | I have sizable positions in HSY and SBUX. The losses sting, but I don't consider that in deciding whether to buy, sell, or hold.
HSY is primarily getting hammered by cocoa prices. I expect that is mostly a short-term issue, perhaps lasting a couple years, and expect that they will pull through in good shape. The company is conservatively managed and highly resilient as a result.
SBUX lost sight of the ball for a little (too little innovation and new drinks that nobody wants) and was appropriately hammered by investors. The sell-off may have been overdone, though, and I believe my growth thesis is basically intact.
I am holding both, reluctant to add when there are legitimate issues in play. Besides, I own plenty of each. |
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| From: peterad | 6/18/2024 8:16:59 AM | | | | | | Have a nice size position in PEP that's up about 90% in a tax sheltered account.
All the talk of it being "dead money" has me thinking. Hate to lose the income (I'm pre-retirement"), so thought of exchanging for more COST, starter position in RTX, add to JEPQ and maybe a starter in SPMO
Does this sound wacky? |
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| From: cemanuel | 6/18/2024 8:19:23 AM | | | | | | A company I'm starting to study as a growth stock is Duolingo, DUOL. When I started working on my French, reviews basically said it was the best language-learning platform around.
Here's why it's becoming interesting to me as a possible investment. Its IPO was in July, 2021. As with many smaller companies it has had strong revenue growth since that time. But FY 2023 was its first for reporting a positive eps. Its Q1 report in May showed strong eps growth with the quarter earnings being more than for the entire prior year. IOW, it's starting to make a profit. So far the share price hasn't reflected that; it's just bouncing around like a trading stock in the $180-250 range.
Like most smaller rapidly growing companies you can't use traditional valuations for it. If it reports strong eps growth again in August and the sp remains near where it is I may take an initial position in it |
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| To: SeeksQuality who wrote (5005) | 6/18/2024 8:22:23 AM | | From: HC Builder | | | | Re: HSY
I agree 100%. I have a full position, so not adding unless the share price drops more, but I think sticks like HSY, MDLZ and ADM are presenting some great opportunities right now with a little bit of patience. I might even add SJM to that. |
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| To: peterad who wrote (5006) | 6/18/2024 8:28:50 AM | | From: HC Builder | | | | Re: PEP
I don't buy that. I own both PEP and KO (have held KO a lot longer). I am more than happy to keep owning those. I'm 5-6 years from retirement and building that income stream. At some point down the road if I decide to reduce the number of holdings I might pick one of the two to keep as a core holding, but I don't buy the dead money thing. I do like RTX (have a half-size position that I own with similar for LMT that is my defense sector holding). |
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| To: PatrickM who wrote (5004) | 6/18/2024 8:36:16 AM | | From: HC Builder | | | | Re: MCD
I have a full position in MCD (probably slight more than a full position). I trimmed it probably 18 months ago because my cost basis was in the low $80s/share, but added a few shares recently and it has dropped more since then. I am very tempted to add more where it is right now, but evaluating that against some other opportunities. |
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