Getting started into stocks now and wondering what are the stocks you guys go for, taking into account the current price and market. Please comment below if the choice is not available.
Wait for Uber. Start selling your FB stocks and ready for the rocket to moon
Why? They have billion dollar losses with no road to profitability and are a distant last place on self driving cars (not including Tesla because autopilot is not self driving....Uber is the only company which has had a fatal accident in the US as a result of their self driving car). I expect a massive drop after they IPO since it’ll be a chance for a bunch of investors to retrieve what’s left of their money. Each customer Uber gains is a negative for Uber (there is no profit from scale). They also only have about 7 billion on hand. If their IPO doesn’t go well, they’re gonna be dead in about a year and a half. https://www.bloomberg.com/news/articles/2018-11-14/uber-revenue-slows-as-quarterly-loss-surges-to-1-1-billion And if you say “but amazon!” When Amazon was at the same revenue level it had a profit of $62 million. They never in their entire history had a loss of more than $437 million (and that was with $20.58 billion in revenue, twice Uber’s revenue.)
But they are hiring like crazy. Not sure why
Picking stocks is always a great idea. Especially when you take stock tips from randos on the Internet. Great work, OP. You'll get the last laugh.
$TLRY
Say it with me: Efficient market hypothesis
TECL & SOXL 😁
FB, highest risk to reward ratio
Intuit. 4 times in last 5 years
NIO
Just get QQQ.
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Would have been better to jump on that a few months ago. Price is too high for me to personally buy more. More and more folks are starting to complain about licensing cost. What happens when the next simple to use, and cheaper ITSM solution comes along?
everything would have been better to buy a few months ago