Stock picks

  • Thread starter Thread starter jmoney74
  • Start date Start date
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Crazy tariff-driven headline price action, now indexes are trading like meme stocks and crypto with single day moves. SPY moving down 5.5% in single session last week and up 10.5% single session today.
 
Other stocks that I'm eyeballing (not buying yet):
AMAT - semiconductor
ARCB - transportation
FAST - MRO, need to wait a bit to see how supplier price increase will hit them
OXY - Warren Buffet doubling down
 
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momopi said:
Let's see...

Bought META @ $500
Bought NVDA @ 99
My AMZN and GOOGL limit orders didn't hit today, will see what happens.

As for Costco, although a recession would reduce consumer spending, their business model and target demographics makes them somewhat more recession proof.

People who live paycheck to paycheck are more likely to shop at family dollar, dollar tree, & Walmart because they can't afford to buy in bulk (or have large enough homes to store bulk items). This is why you don't see old beat-up cars in Costco parking lot. But just because their customers have higher income, doesn't mean that they don't watch their purse strings - and that's where Costco comes in.
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Who’s your daddy now?👍🏽😂😂😂🇺🇸
 
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