$Foot Locker(FL)$ Sneakers market has always attracted a huge fan base, not just for fashionistas but collectors as well. The festives season is likely going to boost the sales leading all the way up to Christmasand new year. While the impending recession might loom over consumer spending, would think that the first few areas to cut back are f&b and unnecessary travels etc. or at least spending on cheaper sneakers. The revenue and net income growth has been healthy over the past few years while the company has also took the effort to close and open outlets in line with sales and to improve efficiency. One area to note is that the debt has also trended up in recent years. However, the spending has also allowed it to become th
The market doesn't seem to take take this acquisition positively.There's no right or wrong as to when shoulda company make acquisition, especially during this climate. The question is whether $Adobe(ADBE)$is overpaying for the deal. If premiun was not offered, the founder/ management is unlikely to give up control. On the value that this deal could bring, we can take reference to slack. $Salesforce.com(CRM)$acquired Slack and as a user, it allows company to have a full suite of software for their operational needs and it is definitely much better the conventional messenger tools such as skpe or teams. Hopefully, an ecosystem could be built uponthe softwares under its belt.
Adobe to Buy Collaboration-Software Company Figma for About $20 Billion
$MasterCard(MA)$Great recovery! Still believe that payment is a necessity in our daily lives. All over the world (beyond China) $Visa(V)$and MA are dominant players which will continue to grow their business. @Daily_Discussion (27/10) @TigerStars @CaptainTiger @MillionaireTiger Have been eyeing these 2 companies for years and this crash finally brought them down. It could continue to dip further but I'm think it's a good supporting price.
$Tesla Motors(TSLA)$ Tesla Model Y became the best-selling car in Singapore in September 2022. It was the first month of sales of the compact SUV, which gave a great boost to further success in the country’s market. Tesla Model Y recorded another win in September, becoming the best-selling vehicle of any type in Singapore, results posted by @darenyoong/Twitter showed. The manufacturer registered 219 cars, taking first place in the ranking. Unfortunately, the data published by the Singapore Land Transport Authority Statistics do not divide by model, but only by segment. Since Tesla only sells two car models in Singapore, Model 3 and Model Y, it is not hard to figure out how many units of each were sold. @Daily_Discus
$Amazon.com(AMZN)$Now is the great time to collect fundamentally strong companies at an attractive (auspicious) price ,i.e. 88.88 which you will definitely be thankful many years down the road. During volatile time like this, stock market isignoring the economic indicators or companies' financial results and trend based on sentiment. No doubt the company is jumping on the bandwagon to freeze hiring and cut cost. There are definitely room for improvement/optimization of its processes (insider info). The question is whether it will continue to trend lower in the near term. No one would have a clear answer to it, we can manage this risk by sizing the position and enter periodically. Allowing it to compound over the yea
$Cummins(CMI)$This is industrial stock seems to be a good play, it has broken out of itconsolidation phase. While recent dip has likely flush out some of the retail investors, it is well positioned to ride on the $1 industrial plan in the US. @Daily_Discussion (24/10) @TigerStars @CaptainTiger @MillionaireTiger
$Taiwan Semiconductor Manufacturing(TSM)$Semiconductor is definitely an essential in our daily lives and it will continue to grow in the long run. The sector was in hype in early 2021 when supply chain issues were in rage with the strong demand. That's when I was accumulatingthe share price at $100-120. However, the recent correction and impending recession has dropped by almost half. I will continue to accumulate shares either on a monthly or quarterly as it is a leader in semiconductor foundaries segment and it would take years for others to catch up.
$XPeng Inc.(XPEV)$ Never too wrong to take profit during volatile market like this. This pare down your risk by keep conserving capital for any dips in the future. Missing out on profit is always better than sinking into huge loss and wandering you should cut loss or tan out of funds to average down. Always remember that market doesn't goes up in a straight line, there will definitely be opportunity to enter or other stocks to make money from. @Daily_Discussion @TigerStars @CaptainTiger @MillionaireTiger
$Visa(V)$ Credit cards are used every day to pay bills, purchase products online and in stores, and to pay for all types of services. However, many people do not fully understand how the payments are coordinated between a customer's credit card, the different banks involved, and the payment processor to allow for the quick and easy payment experience that we often take for granted. The Card Brands Visa and Mastercard, the two biggest card brands in the world, are actually better understood as credit card networks. These credit card networks facilitate a system of real-time authorization and funding transfers between merchants (businesses), customers (cardholders), and their respective banks (acquiring bank and issuing bank respectively). The Ca
$Taiwan Semiconductor Manufacturing(TSM)$ Good time to continue to accumulate quality stocks with strong moat. This position was started based on a deep thought on what are the next biggest opportunity in the next decade. By narrowing down to AI, most of the big tech companies are relying on TSMC for the hardware. Profit is also a result of holding on to the stock through the period of consolation. The period was close to a year where the price ranges around $100. It built up a strong support for future rally.