Hi it's Stock Mike! Nice to meet me! As many of you read my last post, I will be posting Sunday nights and will indicate my history of picks (see bottom of the post). I am not a professional, I don't know if you should be buying options or buying the stock outright, nor should you invest outside of your means, so please do your own research in addition to my posts. However, i'm a huge fan of The Office, so i can provide obscure references and poorly timed jokes a la Michael Scott. With The Office leaving Netflix, I know y'all need those in your life.
"You lose on 100% of the stocks you don't buy."
-Stock Mike
What a year end for Bitcoin!! I hope everyone stayed sexy and rode those block chain gains because like Creed Bratton no one really understands it, but somehow it's successful. Cloudflare got killed, no way around that, but i'm still bullish long term. So, if you bought, hold tight because it's a solid company. WPP didn't have much movement.
How do you like your Eggs in the morning? I like mine with a side of Chinese EV
Top Picks
- Nio ($48.74)
Expected gains: 5-7%. Look, I know Nio is on everyones watch list right now. It had a historic run for a few months in 2020, but I believe 2021 will also be huge. In a recent letter to investors, Nio indicated it delivered 7007 vehicles in December! In addition, Nio delivered 17,353 in Q4, surpassing even the CEO's expectations. Nio day is also January 9, 2021, where in this letter, the company indicated they will "unveil our new sedan model and share the latest development of our autonomous driving and other core technologies." Needless to say, my mouth is watering like i am standing over a pot of Kevin's famous chili.
​
- Cloudera ($13.91)
Expected gains: 2-4%. It's no secret that Data is booming and Cloudera's positioned for a nice 2021. Cloudera is the middle of a massive business model pivot. PIVOTTTT!!!!!! Sorry Friends Joke, couldn't resist. They got dragged down by the Hadoop catastrophe, but i believe it has a bright future. The willingness to pivot and adapt to the market needs is a huge confidence boost imo.
Recent News:
Cloudera CEO: Enterprise Data Cloud Vision Nearly Complete:https://www.datanami.com/2020/12/08/cloudera-ceo-enterprise-data-cloud-vision-nearly-complete/
Cloudera Completes $500 Million Term Loan and Repurchases 26 Million Shares:https://www.prnewswire.com/news-releases/cloudera-completes-500-million-term-loan-and-repurchases-26-million-shares-301198214.html
Cloudera's Business Model Transition Gives Investors a Growth Stock at a Value Price:https://www.fool.com/investing/2020/12/09/clouderas-business-model-transition-gives-investor/
​
- Nuance ($44.09)
Expected gains: 2-4%. Nuance is fairly unknown, which is surprising considering the industry they operate in. AI is the future and Nuance has vast connections across healthcare, security, communications and government, putting them in a great position. Make no mistake, this is not Dunder Mifflin Infinity, Nuance is here to stay.
​
Last week 12/28 - 12/31:
- NET ($84.98-->$75.99)
- GBTC ($27.35-->$32.00)
- WPP ($54.74-->$54.08)
As alway, Please feel free to follow me, or message me with any suggestions, criticisms or if you just want to talk. See you next week :)
Stay Sleazy,
Stock Mike
No comments:
Post a Comment