Share Picks 2022

Markus Antonius

https://www.boards.ie/discussion/comment/119060511#Comment_119060511

My fear would be that in 1 or 2 weeks some of those will be on a list of companies that have hit a 5 year low...

Shedite27

https://www.boards.ie/discussion/comment/119060511#Comment_119060511

I was expecting more tech on that list

dil87

Nothing more than short covering taking place right now, what moved the most? The beat down stocks that are 80-90% off highs, institutions aren't piling into these names pumping them up 20%+ in a day, that's short covering (U, UPST, AFRM, COIN, etc.).

Market internals are horrific, a broad uptrend cannot be sustained until we see real accumulation and new leaders show up. It could be sooner than we think but it could also be a long way yet, bear markets typically have 3 legs down, We've only just begun a second. Friday's weekly close looks impressive, but again, mostly short covering for now.

theboringfox

Like a lot of names on that list I really like....Google, Adobe, Salesforce, Intel, Amazon, TSMC, Disney and ASML....half of these I own admittedly.

Pussyhands

I think it wouldn't be the worst time to start DCA'ing.

Intel are at a 4 year low.

Disney trading at levels of 7 years ago.

Adobe is trading at levels it was 2 years ago

Really hard to know what will happen though. If these interest rate rises work and inflation comes down without mass layoffs or a moderate recession then the market will recover well imo.

Ekerot

Is borrowing money to invest a bad idea in people's eyes here?

I'm toying with the idea at the moment when the market bottoms out. I'm in my early 20s and work in tech with a salary of around 40k annum. I still live with my parents because of the housing crisis and I have no real expenditures besides the car and home house rent.

I was thinking somewhere between 20k - 40k with payments spread out over 5 years.

Pussyhands

https://www.boards.ie/discussion/comment/119064015#Comment_119064015

Yes. Awful idea. Do not do it

Timing belt

https://www.boards.ie/discussion/comment/119064015#Comment_119064015

Not a good idea…. What if you lost it all because your timing was wrong? On top of that if the market only delivered modest returns you would probably be in the red due to the financing costs.

it’s one thing to be holding a stock at a price much lower than you bought it hoping that in time the price will rise so you can exit. It’s another thing doing so with borrowed money that needs to be repaid regardless.

dil87

https://www.boards.ie/discussion/comment/119064015#Comment_119064015

Never borrow money for investments, not even €100 nevermind €40k!! Save up and in the meantime research, investing isn't as easy as buying when the market bottoms so you definitely don't want to be trying it out with borrowed money.

Shedite27

No, I wouldn't do that. I bought stocks on margin a few times and it's never really worked out, couldn't imagine doing it on a larger scale.

Getting involved with what you can afford in your 20's is a great idea tho, the earlier you start, the more years to compound. In your 20's, you're probably thinking saving for a mortgage, so 10 year time frame is good for stocks.

weemcd

https://www.boards.ie/discussion/comment/119064015#Comment_119064015

Crazy. Don't do it. Your investments have to outperform the loan before you can even consider taking profits for yourself. Only invest what you can afford to lose and not 1c more. Your living expenses should be relatively low vs your earnings. Start DCA'ing a monthly amount.

Treppen

PSTH .... Once the talk of the town here, went into the doldrums. Now with markets tanking are they actually in a very strong position?

Not suggesting to buy, but maybe hold for a while longer if you're still a holder.

sonyvision

Anyone green lately? Had my two largest holdings take a big 30/35% dip since the start of Ukraine and Russia but both have recovered to nearly the same level. Had funds in apple/tesla sold them all before Christmas serious value been wipped out! Way to jumpy to buy back in.

One share which performed well for me was St James Wealth management. Got in when it tanked and recovered nicely doubled up. Took my profits but bought back in recently just 10% behind breakeven. No rush for the cash sitting and holding all my investments long term.

Patsy167

Starbucks at a 52 week low looks interesting. Same with Home Depot.

bcklschaps

https://www.boards.ie/discussion/comment/119078425#Comment_119078425

Yeah, in the green for the year. But I would be buying and selling constantly. We are living in uncertain times, so when I see a "bargain" I will snaffle it up, I'm also quick to take profits.

Pussyhands

TARGET down 22% pre market after releasing earnings.

as the the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales of discretionary items from TVs to bicycles.

VonLuck

https://www.boards.ie/discussion/comment/119080175#Comment_119080175

It was a toss up between Target and Costco when I invested some cash last month. Looks like I backed the wrong horse!

Patsy167

https://www.boards.ie/discussion/comment/119080175#Comment_119080175

I heard Motley fool saying WalMarts stock price fell off a cliff after reporting enrings yesterday too.

Patsy167

https://www.boards.ie/discussion/comment/119080772#Comment_119080772

Costco down ~26% in the past month. One bad, the other...

Pussyhands

https://www.boards.ie/discussion/comment/119081118#Comment_119081118

Yes WMT dropped 11% after earnings.

Patsy167

It is surprising seeing the massive drops on stocks which were always though of as stable and never moved much. Fair enough seeing growth and pandemic stocks like Peleton, tesla, twitter bounce around but would not have expected some of the retail and value stocks to be getting a hammering

patsy_mccabe

I'm still in the green here, never went red. Bought in the covid dip and held most till now. Sitting on the fence a long time on a few stocks. I will buy if they go lower, but won't chance it till then.

There's crazy debt out there in Corporate America. Even Apple has $110 billion in debt and only $63 billion in equity.

Pussyhands

I'm down 4.5k, or about 15%. Haven't bought anything in 2022 yet.

theboringfox

Im green largely based on google and currency movements. Only 10% of cash in shares as either extending or moving soon. I would happily buy into amazon, microsoft and google etc now and will still buy a little each month. I think we are into oversold territory personally. I will play it bit safer though and stay in the googles rather than the twilios

Patsy167

Google/Alphabet stock price at a 52 week low and set for a 20:1 stock split in July. Looks like an easy short term win.

patsy_mccabe

Tesla now at $665 from an all time high of $1,243. Kathy Woods ARKK fund seriously down too. A lot of people getting hit heavily with these high profile, so called Growth stocks.

dil87

https://www.boards.ie/discussion/comment/119093444#Comment_119093444

Growth topped and has been in a decline since Feb 2021. A lot of those who bought these names after the Covid bear have unfortunately done a round trip and given most if not all back. Everyone only talking about a bear market this week but on the plus side, growth has been in a bear for over a year so the clock has been ticking by for a new uptrend to begin eventually.

Mad_maxx

https://www.boards.ie/discussion/comment/119063657#Comment_119063657

bought more Disney yesterday ( also bought Google , bought Kingspan yesterday ) , my average is now $112 , stock could easily drop to $80 if we enter a bear market but il just buy more if that happens , Disney is sort of a conglomerate at this stage and while its gone nowhere for several years , its pretty much up there with Coca Cola or Johnson and Johnson in terms of surviving , might not bounce back as strong as Netflix but is a much more conservative bet , that said Ive Netflix booked to buy @$151 , its less than seventeen times earnings right now which is for nothing relative to its long term average PE

Mad_maxx

Im still up for the year as Hibernia got bought out which gave me a bit of a windfall six weeks ago or so , really cushioned the other falls

my british american tobbaco and rio tinto shares are also up for the year , Tesla my biggest laggard

Pussyhands

Was thinking about the whole market and the feds moves to tame inflation.

Lots of talk of a recession as a result. But how low can the market go before the actual bad affects start hitting the economy and jobs market.

And if there is a recession, will the fed reduce rates again meaning another bull market?