CrosbyVenture

CrosbyVenture

While 2020 saw a huge run-up in BTC price, can ETH keep up on a relative basis? I wanted to take a look at the 2018 highs following the initial mania... This seems like a dislocation to come back into harmony. Betting on ETH performance for 2021, and by association, many of the projects staked on Etherium chain.

CrosbyVenture

I wrote about this when they dropped below $2B, but then bottomed out at $1B and are not back up to $4B. Alcoa is one of those storied brands that can never catch a break. There's always a lawsuit or downside event that catches them off guard. Recently though, they've made a pretty incredible recovery, and clearly there's more appetite for the comeback story of...

CrosbyVenture

Absolutely stunning chart. Elon Musk's Tesla is now worth more than the legendary Berkshire Hathaway holding company run by Warren Buffet. From a pure cashflow perspective, this might not make sense... but from a growth story perspective, maybe there's some logic here? Thoughts?

CrosbyVenture

While revenue fell below expectations, Grocery Outlet's earnings skyrocketed ahead of expectations. the company still trades at 1.2x sales and looks to be a medium conviction play. When considering the consolidation in the grocery space in general, as well as FCF for reinvestment, it's worth thinking about the buyout potential for a mid-tier regional looking to...

CrosbyVenture

No doubt this has been an incredible run for the LA-based social media company. With stellar growth numbers and BIG revenue boost, the company just broke $50B in market cap. To be clear, that still makes than $700B less valuable than NASDAQ:FB today... seems like there's more upside here?

CrosbyVenture

It's amazing to dive into companies and see their story visualized by data and charts. Werner Enterprises to me symbolizes one of those great American brands everyone knows about but wouldn't know to actually invest in. A really rough history of being private equity darling and getting levered up to the hilt with debt. Wern now trades at 1.19x trailing...

CrosbyVenture

No doubt, weakness of the dollar has been quite the moment for a ton of assets (Bitcoin, SPY, etc), but are we changing that thesis so soon with recent news out or Russia? Taking a look a the daily futures chart, we can see the 2020 channel is still very much intact. If the channel acts as resistance, look for the next leg up!

CrosbyVenture

While TD Ameritrade and E*TRADE have been bought for insane multiples, Stonex seems to be very under-reported. More than $20B in revenue for the QUARTER, but it trades at $1B market cap?

CrosbyVenture

Pre-market, we see yet ANOTHER large leg up for TSLA. At this point, it seems there is little to any resistance here (breaking outside previous channel trendlines. Notable: Telsa is now far above its 50, 100, and 200-day moving averages. Next stop?

CrosbyVenture

Telsa's market cap has eclipsed Toyota, making it the largest auto company in the world (at least by mktcap). Meanwhile, quarterly revenue is close to $6B versus $66B (Toyota). Seems like something is wrong here.

CrosbyVenture

At upwards of 18X price to earnings ratio, Winnebago is the overleveraged American dream. With a falling interest in mobile homes and trends away from travelling the heartland of the US, will this trend continue? Since the bottom of the COVID-19 crisis, we've seen a 180% rally in $ NYSE:WGO , similarly so in $ NYSE:CWH . Overextended?

CrosbyVenture

Wells is now off more than 50% since the start of the Coronavirus pandemic. However, Wells suffers from much more than a pandemic: Over the last two years, scandals around nefarious sales practices, some unfortunate executive departures, and an inability to grow top line has hit them hard, and the crisis has hit them especially hard in revenue terms. We're now...

CrosbyVenture

Looking at the snapback, Amazon is trading close to fresh highs; more than a 50% move since March 16th, which is shocking. Billions created here. Overhyped in my opinion.

CrosbyVenture

Still not sure how much more we have to go here... though, at 4x price to sales, seems like it could move up.

CrosbyVenture

May 19th is Walmart's earnings. No doubt numbers are already expected to be quite high. That said, if you look at the YTD chart, there's little to write home about this stock. Expecting a gap fill, not sure I'll stay in after that.

CrosbyVenture

I'm slowly adding here, especially after grandpa Warren has already made his move. 66% off the highs.

CrosbyVenture

Delta Airlines ( $DAL ) really doesn't seem to have a bid. Waiting for the post-crisis breakdown.

CrosbyVenture

Hormel Foods is an industrial scale grocery supplier. Similar footprint to that of Campbell's $CPB but with a lower OpEx and higher revenues. Notably, the company trades at nearly 3x P/S versus Campbell's which trades at 2x P/S. Both seem like logical, undervalued, consumer staples, though I would see a convergence in this price differential as we come closer...