2024 Stock Picks
- Thread starter vanzandt
- Start date
Great report. As expected, no action in the ah's. We'll have to see what WS does with it. Again, it's thinly traded, but I had a feeling they'd come in strong.Limbach Holdings
LMB--->$48.26
Earnings after the bell.
Thinly traded, so don't expect great things tonight.
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ODR revenue increased 26.5%, or $15.5 million, to $74.3 million accounting for 62.4% of consolidated revenue.
Consolidated revenue was $119.0 million, a decrease of 1.7% from $121.0 million.
Total gross profit was $31.1 million, an increase of 18.5% from $26.2 million.
ODR gross profit accounted for $22.2 million, or 71.3%, of total gross profit.
Net income of $7.6 million, or $0.64 per diluted share, compared to net income of $3.0 million, or $0.27 per diluted share.
Adjusted EBITDA of $11.8 million, up 35.4% from $8.7 million.
Net cash used in operating activities of $3.9 million compared to net cash provided by operating activities of $9.4 million.
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A stock that no one watches, but that eps was estimated at $0.36. So what is that, an 80% beat?
No idea what the stock will do.... but at least I tried.
Hopefully someone bought this around $43 today. It still closed down though. $47.78. Decent bounce.They sand-bagged the guidance I'm sure. It's had a great run, and the sell-off was to be expected I guess, but the niche they operate in is high gear. Any and all cost increases they experience get passed on up the bidding food-chain. Build a hospital, school, data center or any other large project.... and you don't sub out to Joe's Mechanical LLC.
But we'll see. It is thinly traded.
But we'll see. It is thinly traded.
As I was typing just now... I heard Cramer just give a shout-out about my beloved AAR Corp. (I have a little TV behind me, what can I say )
It has once again sold off and Cramer said "he doesn't know why." Of course this is the first time he's ever mentioned it. That I've heard at least. It's been a staple of this thread. Next he'll say buy Krogers, and Delta.
$AIR--->$60
$AIR closed at $72 today for anyone that cares.
JEF closed at $46. RILY closed at $32
DAL is at $52.90
AMZN is at $189.50
Like I said, at least I try. Even the worst picks in this thread aren't down 50%. Even ODD is at $38... and delivered a blow-out quarter. What I say? It's a long term play.
LMB--->$50.47 (+6%)
This stock sucks. I just don't get it, I can't find any fleas but they must be there.
Earnings next week though.
SRAD-->$9.30
Happy Friday night. I know its late but I am in the mood to share...
As long as the overall tide stays in.... when a relatively new stock that has experienced the ups and downs of the classic shorts vs longs battle comes in with a great quarter, (and a great story that was already known but they finally delivered on and with great growth ahead)... this is a near term momo play for the adhd among you, and a long term buy and hold stock for those that have a bit more sense.
Now, the stock may in fact go down near term regardless of the tide...
But I am pretty sure, or damn close, the bottom going forward on this stock is finally in. Unless they're lying, $2MM per store is a golden goose that WS will buy into. Now with that said... part of me still doesn't trust them.... the new ceo said "it's all about the experience." Well, #1, that is a trite and worn out choice of verbiage, and #2... what "experience" does waiting in a drive-thru line offer?
BUT..... the fact remains, they made money... and I think they are being quite astute about expanding too fast without the behind the curtain metrics to match an aggressive growth strategy. So that's good, but lets never forget wholesale coffee prices are an important metric that they really have no control over, so there is always that. And labor... always an issue. (Until they go to the VZ patented labor-less kiosks powered by NVDA chips and VZ's new and improved robots with thumbs that work) labor force.
So.... as much as I hate to recommend a stock that is up over 30% in 10 days.... I am going to go out on a limb here and say.... drumroll please.... BROS is a long term buy and hold at $36.
The shorts will screw me near term.... but check back in 2 years.
As long as the overall tide stays in.... when a relatively new stock that has experienced the ups and downs of the classic shorts vs longs battle comes in with a great quarter, (and a great story that was already known but they finally delivered on and with great growth ahead)... this is a near term momo play for the adhd among you, and a long term buy and hold stock for those that have a bit more sense.
Now, the stock may in fact go down near term regardless of the tide...
But I am pretty sure, or damn close, the bottom going forward on this stock is finally in. Unless they're lying, $2MM per store is a golden goose that WS will buy into. Now with that said... part of me still doesn't trust them.... the new ceo said "it's all about the experience." Well, #1, that is a trite and worn out choice of verbiage, and #2... what "experience" does waiting in a drive-thru line offer?
BUT..... the fact remains, they made money... and I think they are being quite astute about expanding too fast without the behind the curtain metrics to match an aggressive growth strategy. So that's good, but lets never forget wholesale coffee prices are an important metric that they really have no control over, so there is always that. And labor... always an issue. (Until they go to the VZ patented labor-less kiosks powered by NVDA chips and VZ's new and improved robots with thumbs that work) labor force.
So.... as much as I hate to recommend a stock that is up over 30% in 10 days.... I am going to go out on a limb here and say.... drumroll please.... BROS is a long term buy and hold at $36.
The shorts will screw me near term.... but check back in 2 years.
$ODD has officially risen from the dead.
--->$40.64
$FIZZ continues to flail in its perpetual range.
$AIR is at $72. Great stock, hopefully this level holds for once.
$SRAD---- the biggest dog of all time is at a whopping $9.43---- earnings tomorrow. Why this stock isn't $15 is beyond me. They just hired some cat from Google Europe to be their chief technology officer. Pretty impressive resume. They also named a new CFO last month... that one... hmmmm... I'm not a big fan of CFO changeovers, but I think these guys are on the up and up. They're Swiss. And look what ONON did today. The currency exchange should really help SRAD too... on the headline #'s at least.
--->$40.64
$FIZZ continues to flail in its perpetual range.
$AIR is at $72. Great stock, hopefully this level holds for once.
$SRAD---- the biggest dog of all time is at a whopping $9.43---- earnings tomorrow. Why this stock isn't $15 is beyond me. They just hired some cat from Google Europe to be their chief technology officer. Pretty impressive resume. They also named a new CFO last month... that one... hmmmm... I'm not a big fan of CFO changeovers, but I think these guys are on the up and up. They're Swiss. And look what ONON did today. The currency exchange should really help SRAD too... on the headline #'s at least.
This came out on May 1st and the stock didn't even budge.
Sportradar Appoints Behshad Behzadi as Company’s Chief Technology Officer and Chief Artificial Intelligence OfficerRecognized global technology leader and co-founder of transformative Google products to accelerate the adoption of AI and product development
GLOBENEWSWIRE 3:30 AM ET 5/1/2024
ST. GALLEN, Switzerland, May 01, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG(SRAD) (“Sportradar” or the “Company”) today announced that Behshad Behzadi has been named Chief Technology Officer and Chief Artificial Intelligence Officer of the Company (CTO and CAIO), effective May 1.
As Sportradar’s CTO and CAIO, Behzadi will be based in the organization’s headquarters in Switzerland and report directly to Chief Executive Officer, Carsten Koerl. Working collaboratively across the organization, Behzadi will drive the usage and adoption of AI and cutting-edge technology to enhance its product offerings and roadmap to deliver hyper-personalized experiences for sports fans. Additionally, his extensive experience in leading initiatives aimed at improving internal operational efficiency will help optimize processes and drive innovation across the business. Sportradar(SRAD) has the largest global coverage of sports data, fan insights and betting liquidity. The usage of cutting-edge AI will help to drive the Company’s future efficiency and can create significant value for clients and stakeholders.
Koerl said: “We are proud to welcome Behshad, a world-renowned leader in harnessing generative AI and other advanced technologies, who marries a unique blend of technical expertise and business acumen. His proven track record in developing and commercializing product strategies to accelerate growth and innovation, as well as spearheading initiatives aimed at improving internal operational efficiency, will bolster our leadership position, keeping Sportradar(SRAD) at the forefront of technological advancement.”
With more than 20 years of experience, Behzadi is a distinguished computer scientist and recognized global technology leader with expertise in algorithms, search ranking, natural language processing, speech recognition, machine learning and generative AI. Behzadi joined Google Zurich in 2006 and has played a key role in Google’s AI-first strategy as co-founder of Google Assistant, Google Lens, Google Smart Display and the Next Gen Assistant, a breakthrough in mobile assistant technology with on-device Machine Learning. Most recently, he led Google Cloud's Conversational AI and applied Generative AI initiative focusing on applying the latest AI advancements to reimagine and automate customer services and operations for large enterprises. Behzadi earned a PhD in Bioinformatics from Ecole Polytechnique in Paris and did postdoctoral research at the Max Planck Institute for Molecular Genetics.
Behzadi said: “Sportradar is an exceptional company (could have fooled me the way the stock acts ) and category leader operating at the global intersection of sports, technology and digital content. I am very excited to join an organization that pushes the boundaries on technology and puts a premium on innovation. I look forward to working alongside Carsten, the rest of the executive management team and their talented group of creators to continue Sportradar’s history of innovation as the Company enters its next exciting chapter.” (I hope it's more exciting than the first 2 chapters because they pretty much sucked)
Sportradar Appoints Behshad Behzadi as Company’s Chief Technology Officer and Chief Artificial Intelligence OfficerRecognized global technology leader and co-founder of transformative Google products to accelerate the adoption of AI and product development
GLOBENEWSWIRE 3:30 AM ET 5/1/2024
ST. GALLEN, Switzerland, May 01, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG(SRAD) (“Sportradar” or the “Company”) today announced that Behshad Behzadi has been named Chief Technology Officer and Chief Artificial Intelligence Officer of the Company (CTO and CAIO), effective May 1.
As Sportradar’s CTO and CAIO, Behzadi will be based in the organization’s headquarters in Switzerland and report directly to Chief Executive Officer, Carsten Koerl. Working collaboratively across the organization, Behzadi will drive the usage and adoption of AI and cutting-edge technology to enhance its product offerings and roadmap to deliver hyper-personalized experiences for sports fans. Additionally, his extensive experience in leading initiatives aimed at improving internal operational efficiency will help optimize processes and drive innovation across the business. Sportradar(SRAD) has the largest global coverage of sports data, fan insights and betting liquidity. The usage of cutting-edge AI will help to drive the Company’s future efficiency and can create significant value for clients and stakeholders.
Koerl said: “We are proud to welcome Behshad, a world-renowned leader in harnessing generative AI and other advanced technologies, who marries a unique blend of technical expertise and business acumen. His proven track record in developing and commercializing product strategies to accelerate growth and innovation, as well as spearheading initiatives aimed at improving internal operational efficiency, will bolster our leadership position, keeping Sportradar(SRAD) at the forefront of technological advancement.”
With more than 20 years of experience, Behzadi is a distinguished computer scientist and recognized global technology leader with expertise in algorithms, search ranking, natural language processing, speech recognition, machine learning and generative AI. Behzadi joined Google Zurich in 2006 and has played a key role in Google’s AI-first strategy as co-founder of Google Assistant, Google Lens, Google Smart Display and the Next Gen Assistant, a breakthrough in mobile assistant technology with on-device Machine Learning. Most recently, he led Google Cloud's Conversational AI and applied Generative AI initiative focusing on applying the latest AI advancements to reimagine and automate customer services and operations for large enterprises. Behzadi earned a PhD in Bioinformatics from Ecole Polytechnique in Paris and did postdoctoral research at the Max Planck Institute for Molecular Genetics.
Behzadi said: “Sportradar is an exceptional company (could have fooled me the way the stock acts
) and category leader operating at the global intersection of sports, technology and digital content. I am very excited to join an organization that pushes the boundaries on technology and puts a premium on innovation. I look forward to working alongside Carsten, the rest of the executive management team and their talented group of creators to continue Sportradar’s history of innovation as the Company enters its next exciting chapter.” (I hope it's more exciting than the first 2 chapters because they pretty much sucked)
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