Whoever said a lightning can’t strike twice, never met Michael Burry. Burry, of course, is well-known for his bets against the housing market before The Great Recession and for investing in GameStop right before all the madness. Now Burry is going after one of the biggest powers of the universe in Tesla.
Burry is longing puts against a half billion dollars worth against Tesla. His reasoning for this move is to due to his skeptical nature surrounding Tesla taking advantage of federal credits. Regardless of Tesla’s business model, this is a move that is bound to reap great rewards. For…
The streaming wars have led to one giant bending the knee and taking an offer from one of the bigger warlords. AT&T is reportedly in a deal to merge Warner Media with Discovery as the telecommunications giant continues its battle against the likes of Netflix and Disney.
Discovery seemed like the low man on the totem pole when it came to the streaming wars. They have a wide array of content and many were stunned when they chose going with their own streaming platform over combining with another company with larger resources. …
Unlike most money manager superstars, Bill Ackman rarely holds hundreds of different stocks. Ackman is known to be super selective over which companies are added to his portfolio, so when he announces a purchase, the investment world perks up.
The famed value investor declared that he once again sold Starbucks for Domino’s. Ackman has had a lot of luck in the restaurant space when it comes to Restaurant Brands International and Chipotle, in addition to Starbucks, which he’s been in and out of since 2018. For Ackman, Domino’s isn’t the story of potential monster growth after being massively undervalued. …
When Google reported its monster earnings numbers, all anyone could talk about were YouTube’s absurd numbers. The video platform experienced 49% growth this past quarter after receiving 46% in the previous one. Its advertising revenue reached $6 billion and everyone is talking about how YouTube will be bigger than Netflix. Shouldn’t that be obvious?
In all honesty, it’s surprising that YouTube hasn’t surpassed Netflix in terms of revenue and growth. You can binge Netflix at all hours of the day, but with YouTube you can view all types of content. With Netflix, you can watch a film, television show or…
You can take Dogecoin or your Bitcoin, but Play-Doh is here to stay. Sales of Hasbro’s consumer products division, which includes Play-Doh, were up a whopping 14% this quarter as kids were stuck at home and needed to be entertained.
The opportunities for Play-Doh seem infinite. Hasbro has announced plans for a motion picture for the iconic toy brand with Paul Feig, director of “The Office” and “Bridesmaids”. This could create all new characters for kids to be invested with and want a part of. Also, the rise of NFTs leads to other avenues. CEO Brian Goldner is intrigued by…
In this year’s NFL Draft, if you think Trevor Lawrence shouldn’t be the top pick, you will be destroyed. The world has been embracing Lawrence as a future number one overall pick since he made his debut for the Clemson Tigers in 2018. He’s had one of the most decorative college football careers in the sport’s history and now Gatorade looks to profit off his popularity. The sports beverage company may have not made the right choice despite everything we know.
On paper, Trevor Lawrence checks all the boxes for a marketable athlete. He’s got a solid gold reputation, a…
We are living in a Barbie World as Mattel’s revenue rose 47% year-over-year. Sales of Barbie dolls are flying as high as cryptocurrency as the world has gone crazy over the famed figure. The best is yet to come for the iconic brand.
With so many young girls stuck at home, their parents need to keep them entertained. This was accomplished as moms picked up what kept them busy throughout their youth, Barbie dolls. It seems and smells like a fad, but this is a train that will keep on going. Mattel plans to keep on building the Barbie brand…
Chipotle has gone from being America’s favorite burrito store to a digital Mexican grill. Sales are up 17% year-over-year and 50% orders are now digital. People love their burritos, but it’s the quesadillas that’s driving the wagon.
According to Chipotle CEO Brian Niccol, 1 in every 10 orders is a quesadilla. Previously, quesadillas were a digital-only item, but now the Mexican grill is allowing you to order wherever, whenever. What is it about quesadillas? First off, as Jon Taffer would say, what’s easy to make helps get orders out quickly while driving profit margins. Chipotle’s burritos contain lots of ingredients…
Throw the damn towel! Everyone gasped as Netflix announced they missed their subscriber growth estimates by 2 million and the future doesn’t look more promising either. The stock has taken a tumble, going down as much as 10% after-hours.
Netflix was a major winner of the pandemic. Everyone was forced to stay at home, so Americans did what they do best. Sit on their couch and watch hours of Netflix. However, as Netflix struck gold, other media companies who’ve been preparing to take the streaming giant’s market share for quite some time, came to play. Media behemoths like Disney, NBCUniversal…
With the economy on hold for so many months, people have gone through bizarre routes to make money. What happened to the good ol’ days when desperate people tried to sell personal items or offer favors to get a piece of the mighty dollar? Since everyone’s been stuck at home, digital currencies and nonfungible tokens have been the way for so many to not only make a buck, but strike rich.
The Topps Company accidentally struck gold throughout all of this. The trading card company feared the next generation of youth would not be able to get off their smartphones…
Doctor Stock Doc
Not a doctor, nor do I play one on Twitter. Value investing appreciator. Trying to make sense of wild & crazy stock market.
