@long_equity Patrick Industries $PATK has been an amazing compounder over the past couple decades. I know of an investor who got into this name during the GFC after the big crash had happened and has held onto this name ever since!
Life-changing gains with Buy and Hold with Patience.
@Mr_Neutral_Man@DurableCreators Not sure if there's any tracking tool that's available currently, but stock price would be the leading indicator of this as smart money/momentum driven hedge funds will start bailing out once they see the indicators of this AI (hype) cycle fizzling out at some point. JMTC.
@rhaej@kristinnsms Exactly. There’s no evidence yet that the volume recovery is happening. If it was, then price would have already recovered a few percentage points from its lows instead of being at 52 week lows. The market is not stupid.
@DividendGrowth Lower stock prices due to negative short-term sentiment are long-term investors' best friend. Why would you not buy shares with a starting YoC let's say approaching 3% when in the past, those shares were yielding around 2%?
@LeoNelissen Long $AXON for the past several years.
Big fan of its business model as S curve adoption is still in early stages, but not a fan of the SBC. Hope management can start buying back stock to offset the dilution done over the years.
@ErnestWongBWM So when $DPZ CEO Weiner said, he was keeping an eye on the competition during recent earnings call, he wasn't wrong 😀
Will be interesting to see how much BRK.B has increased it's stake in Domino's given the recent 3-5 year price weakness.
@DividendGrowth They need to sell a bunch of chips to all the construction workers, electricians, plumbers and HVAC technicians building those AI data centers!
@LeoNelissen Consistent dividend as well as top and bottom line growth from this company. A perfect trifecta which is hard to find in this overvalued market, IMO.
@schaeffers With new products, improvements in supply chain efficiencies under Bill Brown, the FY'29 EPS estimate around $10.29 is very conservative IMO as I see EPS revisions going to around $12 at the very minimum, as AI DC growth is not priced in yet.
A P/E of around 25 makes FV of ~$300