Floyd410

Nothing to see here move along…

[Floyd410 @acanova2001]

@HolySmokas Dump NKE and then sell just enough AMD so your capital gain loss is zero, then roll the proceeds from AMD into NVDA. It’s cheaper and essentially get the same exposure to chips. Then use the NKE cash to find a better moat position.

[Floyd410 @acanova2001]

@JasonL_Capital It’s better to just buy the shares and hold. Avoid all the noise.

[Floyd410 @acanova2001]

@joecarlsonshow The S&P is still basically at an all time high. It’s not far off. Yes all the companies that used to trade at 35-40x are now correcting as multiples compress. I’m not all that surprised. The market gives certain companies a pass (like Costco at 44x) until it doesn’t.

[Floyd410 @acanova2001]

@joecarlsonshow The real risk with Amazon is that Andy Jassy becomes Steve Ballmer 😆Let’s hope not.

[Floyd410 @acanova2001]

@joecarlsonshow I just bought AMZN at 200. That’s all you need to know. Everything else is noise.

[Floyd410 @acanova2001]

@joecarlsonshow Adobe is one I can see losing a ton of revenue and growth to AI.

[Floyd410 @acanova2001]

@joecarlsonshow At some point it will underperform and the index will meet. That’s why most people should index and spend their time doing other things.

[Floyd410 @acanova2001]

@joecarlsonshow @QualityCurator1 Need to add financial statements to qual trim.

[Floyd410 @acanova2001]

@joecarlsonshow AMZN is actually at 21.5 forward PE. By June which is a few short months away no one on the street looks at current year. They’ll be focusing on next year, which by the way they will be free cash flow positive again.

[Floyd410 @acanova2001]

@joecarlsonshow This is why most people should index. You got software companies down 30-40%, MAG 7 names underperforming and S&P is pushing 7k. I have some single names but they probably make up 2% of my portfolio. Sometimes it’s better to SPY it and forget.

[Floyd410 @acanova2001]

@amitisinvesting They could have said $500 billion. Doesn’t actually matter until you do it. Remind me of Meta in 2022 when it went to $80

[Floyd410 @acanova2001]

@caymanchess @joecarlsonshow Pretty funny. I did around the same except I had scrambled eggs with hot honey.

[Floyd410 @acanova2001]

@joecarlsonshow Assuming they make $10 a share next year. At $200 it’s 20x forward and still growing. Just initiated today under 202. Long term play

[Floyd410 @acanova2001]

@joecarlsonshow INTU is 46% off the highs. Time for a video to break down all the chaos.

[Floyd410 @acanova2001]

@codeProphetGG @Acyn What vote he’s got 3 years left and he can’t run again. He could care less 😆

[Floyd410 @acanova2001]

@joecarlsonshow Solid report today. Need to do a post earnings video.

[Floyd410 @acanova2001]

@joecarlsonshow Thoughts on INTU? Do a video

[Floyd410 @acanova2001]

@MichaelAArouet That’s probably always the case. Let’s see the data from 1900 to 2021. There’s a reason the top 10 are the top 10

[Floyd410 @acanova2001]

@CNBCPro @HalftimeReport I’m curious to know if any of you beat the S&P 500 over a 5+ year period. My guess is no.

[Floyd410 @acanova2001]

@Nchap222 @joecarlsonshow Curious how you would value a stock? Joe has a public model to follow which basically follows Berkshire. Strong companies with wide moats. How exactly would you value Amazon differently?