Date: May 26th, 2023 12:03 AM Author: Dark out-of-control feces location
Since I completely fucked up not buying tqqq I must look for something that can at least make me more than a savings account. HD is o e of the few major stocks that is still not far off 52wk lows. Compare to nvda or amd or msft... it actually went down today while the market went up and if tomorrow it stays down I also get a bump from the dividend on monday
Date: May 26th, 2023 4:25 AM Author: Emerald Stage Ape
Retailers are always tough. Shit is competitive. I’m even skeptical of an otherwise great company like Costco for that reason. Not that it can’t grow at the rate of the market or a little better but I just don’t see a long term reason to think it will be a market beater like NVDA, which for now has a big moat (basically, CUDA) insulating it from its competitors.
I’d make the case for AAPL or GOOGL over Home Depot. apple is the biggest co in the world but their move into financial services has a lot of growth potential IMO. I’d guess no more than 20 percent of people rely on Apple Pay right now, but that number is going to grow bigly especially if Apple can convince people to bank with them. Google just is suffering from what I think is a temporary perceived disadvantage in the AI arms race.