$Carvana Co.(CVNA)$  offers an online platform where customers can buy and sell used cars. After flirting with bankruptcy in 2022 shares have recovered and are now up 188% over the past year but can the stock continue its powerful run? At the latest price, Carvana now has a: - Market cap: $63.61 billion - Cash: $1.86 billion -Debt and non-controlling interests: $5.9 billion Full enterprise value: 80.2 billion Over the last 12 months: Revenue: 14.8 billion Net income: 398 million free cash flow: 949 million So the company is valued at: P/E Ratio: 104.17 EV/FCF: 85 times That seems expensive for an auto dealership but the auto industry is a large market that is ripe for disruption. Carvana likes to position itself as an e-commerce business

Warren Buffett just bought this stock. Cosmetic Company, $ulta beauty(ULTA)$ jumped 11% yesterday on news that Warren Buffett's business Burk Shear halfway had purchased almost 700,000 shares. What does Warren Buffett see in Ulta Beauty? Financials Cash: $525 million debt: $0 Enterprise Value: $17.3 billion Revenue TTM: $11.3 billion Net income TTM: $1.26 billion Adjusted EBITDA TTM: $1.94 billion Free cash flow TTM: $914 million Valuation P/E Ratio: 14 EV/FCF: 19 EV/EBITDA: 8.9 That PE ratio is right at the bottom of the company's historical range. That low valuation is because Ulta is not performing as well as in the past. Negatives Same-store sales in the first quarter rose just 1. 6% year-over-year. Ulta then cut its full year outlo

Since July 18th, cyber security stock, $SentinelOne, Inc(S)$  has climbed 13% but those gains have little to do with business results. Instead, SentinelOne stock has soared after rival, $CrowdStrike Holdings, Inc.(CRWD)$ caused the global outage that disrupted millions of people. The question is whether SentinelOne can hold on to those gains at the latest price. Financials Market cap: $7.9 billion. Cash and investments: $1.1 billion Enterprise Value: $6.8 billion TTM Revenue TTM: $674 million However, the company is not yet profitable. Net income TTM: - $300 million FCF TTM: $0 Stock based compensation TTM: $220 million SentinelOne vs CrowdStrike Revenue: 47% vs 36% Revenue Multiple: 10x vs

$Intel(INTC)$   No. 1 Intel Just over 4 years ago, Intel was worth more than $Advanced Micro Devices(AMD)$   and $NVIDIA Corp(NVDA)$  combined. Today the company is worth just 87 billion and AMD and Nvidia are worth over 2 trillion. That sort of Divergence might seem like a buying opportunity but in Intel's case there is not much to be optimistic about. Q2 Results Revenue: - 1% YoY Net Income TTM: $1.6 billion FCF TTM: - $13 billion Risks Firstly, the company is dealing with slowing PC sales and has fallen behind in AI.  Secondly, management's guidance for next quarter was even worse. With Revenu

$Rivian Automotive, Inc.(RIVN)$   Options $RIVN 20240809 13.0 PUT$   $RIVN 20240809 13.5 PUT$   Managed to sell 2 puts without getting assigned $RIVN 20241018 16.0 CALL$   Sold covered call (see above) Portfolio Cash No actions Stocks Bought $iShares Ethereum Trust ETF(ETHA)$ @18.59 T bills No actions. T bills have not been lucurative since US yeilds have been falling Crypto No actions This week actions Selling puts Strike price: 13.5/ 14 (OTM nearest to ATM) Exp

$Rivian Automotive, Inc.(RIVN)$  Sentiment Recently have to exit a trade before 80% of the value cause of the risk of begin assigned and the allure of selling puts at a lower strike price Options $RIVN 20240726 16.5 PUT$    And sold a position for next week $RIVN 20240802 16.0 PUT$   Portfolio Cash An increase of 2% due to decrease in the value of stocks Stocks Bought more $Nike(NKE)$ @ 73.18 and $GEN DIGITAL INC(GEN)$ @ 25.23 (new position) T-bills Will purchase this current T-b

$Rivian Automotive, Inc.(RIVN)$   Sentiment RIVN has been very bullish this week.  Options $RIVN 20240712 14.5 PUT$  $RIVN 20240712 15.0 CALL$  $RIVN 20240712 16.0 PUT$   $RIVN 20240719 16.5 PUT$   - Sold covered calls and was exercised. - Sold cash secured puts for 2 times this week due to RIVN's share price increasing and 80/20 rule where I will take profit when I have collected 80% of the premiums Portfolio Cash Expected to increase as

$Rivian Automotive, Inc.(RIVN)$   Sentiment Bullish on RIVN so that I can sell my stocks from covered calls and sell cash secured puts without being assigned Options $RIVN 20240705 15.0 CALL$   $RIVN 20240705 14.5 PUT$   Managed to collect premiums from covered calls and cash secured puts Portfolio  My portfolio consists of Cash, Stocks, T bills and crypto. Below, I will talk about my actions going forward. Cash My cash is in 2  bank accounts, Maribank and DBS.A huge chunk of my cash is in Maribank paying me 2.7% with no strings attached. Cash in DBS is for my living