Consumers have increased spending on packaged goods This has led to an increase in GPK's earnings. Graphic Packaging Holding (NYSE:GPK) is a consumer cyclical company. Here is how the company describes itself on its website: At Graphic Packaging International, we produce the paper cup that held your coffee this morning, the basket that transported those bottles of craft beer you enjoyed last weekend, and the microwave tray that heated your gourmet meal last night. We’re one of the largest manufacturers of paperboard and paper-based packaging for some of the world’s most recognized brands of food, beverage, foodservice, household, personal care and pet care products. We have over 90 facilities worldwide that provide innovative packaging solutions to help our customers stand out and achieve brand loyalty in a competitive and dynamic marketplace. With a product portfolio that emphasizes renewable, recycled, and recyclable materials, we are as committed to our customers and 19,000 employees as we are to protecting the environment and giving back to the communities where we live and work.
Domo, Inc. (DOMO) Loves you=! 45.66+3.80(+9.08%)<------------------- At close: April 25 04:00PM EDT 47.20+1.54(+3.37%)<-------------------------- Pre-Market:08:00AM EDT
Stoney here's the thing... These are good companies, but what you have consistently missed, is they are overpriced af. How many times have I given you my lemonaide stand lecture?!!!! If lemonaide stand makes $800/year in profit, would you buy it for $80,000?!!!! You break even in a 100 years. Water seeks its level Stoney. So many of these stocks are chased by idiots and the only people who make any money are the ones gaming the idiots. The flip side of that coin is a company like Thor. Sure everyone hates it right now. Nothing but headwinds, but the fact remains, you buy it now, and in four years you've paid it off. Everything after that is pure profit.
The S&P 500 will ‘fall sharply’ and join an ongoing bear market, Morgan Stanley warns Mon, April 25, 2022, 2:01 PM Morgan Stanley analysts are warning the S&P 500 is set to “fall sharply” and enter bear-market territory this week as investors grapple with rising interest rates and slowing global growth. In a Monday note, the investment bank’s strategists, led by Michael J. Wilson, said that “the S&P 500 appears ready to join the ongoing bear market” ahead of a stacked week of earnings reports from tech companies like Amazon and Apple. “In short, the market has been so picked over at this point, it's not clear where the next rotation lies,” the analysts wrote. “In our experience, when that happens, it usually means the overall index is about to fall sharply, with almost all stocks falling in unison.” If the analysts are correct and the S&P 500 does enter bear-market territory, it would mean a 20% drop from the index’s early January record close of 4,793.54. That would take the S&P 500 to 3,837.25, or around 9.5% below its Monday level. In the past month alone, the S&P 500 has fallen nearly 7% as investors weigh the possibility of a faster pace of interest rate hikes from the Federal Reserve in the coming months. The Fed already raised rates by a quarter of a percentage point in March, and last week Fed Chair Jerome Powell said that a half a percentage-point hike could be in the cards in May. ----- Pretty vapid research. Morgan Stanley said the Fed’s policies likely mean inflation has peaked, but cautioned that may not be the best thing for public companies and economic growth. “The problem is that falling inflation comes with lower nominal GDP growth and therefore sales and EPS growth too. For many companies it could be particularly painful if those declines in inflation are swift and sharp,” the analysts wrote. I don't buy this reasoning at all... if inflation were to fall fast the market would go up. Persistent High Inflation is here to stay. The Fed needs to remodel their goals to 3.3%-4% inflation and deal with it. We can get back to those levels.
Now that's not to say you can't buy stock in one of these companies when the chart is going nuts, as long as you know it's only for a short period.
These are good companies, but what you have consistently missed, is they are overpriced af. Value is in the eye of the beholder. If I told you the world was shitting to bed and nuclear war was on the horizon everything would be overpriced wouldn't it. If I told you airlines were completely maxed out yet they are not hiring, meaning longer and longer lines then this Clear Secure is a real option. My wife has been talking about it and we don't fly hardly ever,... It costs 3 X the TA option...<----- But it may be better. The value of skipping long lines at the airport ... well to me that's near priceless or --around $40 a share. YOU-> Their numbers must be increasing as passenger traffic increases and people face the lines... During the pandemic nobody flew so you could use any line... We should figure out when their earnings are<-----
Six Flags postpones Q1 earnings release until May 12 08:21 SIX Six Flags announced that it will postpone the release of its first quarter 2022 financial results previously scheduled for Monday, May 2 to before the market opens on Thursday, May 12. The change is due to unanticipated delays in completing the quarter-end closing process as a result of the implementation of a new enterprise resource planning system in the beginning of FY22. ... I mean that sounds like an honest reason.... Aemetis signs agreement with JetBlue to supply 125M gallons of SAF 08:15 AMTX Aemetis (AMTX) announced… ... When are these alt aviation fuel stocks going to get respect!! Aviation fuel is VERY SHORT SUPPLY! <--- The thing is AMTX I believe takes it's sourcing from non corn based areas,,, which is good. I have to double check. AMTX should be much higher. Jack in the Box, Miso Robotics announce partnership 08:04 JACK Miso Robotics announced a… One question- How the hell is Jack in the box an $80 stock!! I have never in 55 + years even seen one!!!!!!
Stoney, I'm not gonna argue with you. At $40/share what's that value the company at? $6.2 BILLION DOLLARS! Dude... they are forecast to generate $270MM next year in TOP LINE REVENUE. They have a -45% operating margin and generate ZERO free cash flow. EVEN AT $30/share its overpriced. Obviously you've never bought a business. Did Mrs Stoney pay $35MM for her pop up store or whatever you called it? I hope not. Then why in the world would you pay $6 Billion for a company thats not even profitable trading at 17X their revenue? Case closed.
Stoney!!!!! 7 days later.... 12,600 My 5% drop. And then some. Another amazing call by GBA's best market analyst. I would call a top on energy, but now they're saying Putin might use a nuke on Oddessa. All bets off. Thats why AR is up today. Along with 3 dozen other energy stocks. I'm so tempted to short these things. I'll wait.
Well, "tomorrow morning" just ended and the nasdaq composite hit a low of 12,579 at exactly noon. Lets see what happens.