Topic List | Page List: 1 |
---|---|
Topic | Stock Topic 7 |
red sox 777 07/08/20 4:54:48 PM #412: | Stocks I'm looking at buying: EB - Eventbrite - Currently trading at about 40% of pre-coronavirus levels. There should be a near total lack of revenue right now with no events going on, but the company has a strong balance sheet with more assets than debts, so survival shouldn't be a problem. Events will come back and even if we lose a whole year of events it shouldn't be anything close to a 60% decline in the value of the company. CNK - Cinemark - Also trading at about 40% of pre-virus levels. Unfortunately, it already rose more than 6% today. That said, I'm not sure if theaters have actually found the bottom yet; I don't see the business coming back for a while since watching movies in a theater is not really an essential need, and people might decide they don't actually need it even after this virus stuff ends. That's in contrast to air travel, which I see as an absolutely essential need, something people just can't go without. WH - Wyndham Resorts - Currently trading at about 71% of pre-virus levels. Anecdotal evidence is that bookings for at least one of their hotel brands is strong (family tried to book something and they were sold out). UHR - Swatch Group - Currently at about 70% of pre-virus levels. This is the biggest Swiss watchmaking company - includes Swatch, Omega, Tissot, Breguet, Longines, etc. I don't see why the virus should have much of a long-term impact on high end watches. SPCE - Virgin Galactic - Because spaceflight is cool. I don't know if the price has anything to do with normal metrics like profit and revenue, but who cares? To the moon (literally). --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! ... Copied to Clipboard! |
Topic List | Page List: 1 |