I am currently long on JP Morgan Chase & Co. ( Symbol JPM ). You might be taken back by that statement with all of the recent bad press related to large losses from bad investments, but does anyone even look at fundamentals anymore? JP Morgan is making hand over fist money and has a […]
Options
I Am Well Over 10% Return on My Stock Portfolio
I am happy to announce to my readers, that my personal stock portfolio is currently over 10% return for the year. In fact it is up 11.8% as of July 10th close. Additionally, there is still 174 days left in this year. How have I been so successful? The Good: I straddled Best Buy (Symbol: […]
Will Best Buy (Symbol: BBY) Bleed it’s Equity?
Best Buy (Symbol: BBY) is currently trading for roughly $21 a share, but can its fundamentals support a market valuation of $7.12B? I would argue “No.” Best buy has a EPS of $-3.37 and I think it will get worse before it gets better. I will make my argument with one simple argument. “What does […]
Facebook is Overpriced and Overhyped.
Facebook’s stock is completely overpriced and overhyped. Not only does it have terrible fundamentals as a long term investment, but there are countless threats that jeopardize it’s short term growth. I would argue that Facebook’s stock as it is stands is the equivalent of this analogy. A comic book stock sells a #1 comic of […]
Amazon’s (Symbol: AMZN) Stock is Overpriced
Amazon’s stock (Symbol: AMZN) shot up over $30 a share today after Q1 earnings came back better than expected. AMZN finished the day at $226.85, a price that is mind blowing to me. I am a very heavy user of Amazon.com and I completely buy into everything as a consumer, but this stock now has […]
Straddling Best Buy Stock (Symbol: BBY)
On Friday, I decided it was time to straddle Best Buy’s Stock (Symbol: BBY). For those of you who are not aware of what a straddle is, a straddle is taking a position both up and down. At first this might seem counter productive, but a well executed straddle can be very lucrative. Let me […]