<<<NEW Look Of ET Stocks For Now Portfolio...>>>
1: Leidos Purchased just now at $100-$101
2: Sanofi $44 purchase Now $52!! 3.7% yield
3: GAN-- Just bought the other day at $19 It's down after missing earnings I don't care I'm betting on betting in some fashion in this portfolio so I am going to hold this until sports comes back.
4: Aeorjet Rocket AJRD Purchase$46 DOWN it's $41 now I don't know why... lightly covered but they put engines into space.
5: FTV. Fortive Buying now.. @ $72 .<--- I bought high but stk is heading back up I feel like this is a good play in the current environment, kind heavy kind of under the covers has a thermal imaging take your temp division and should react well to a stimulus bill.
Alright that's an interesting mix!
Still holding two baby bios BCRX & LPJC
One addendum here I sold an entire previous ET portfolio to start this one. I have one hold over: QURE Uniquere.... This is a Crisper play foreign.... I guess we should just add it here because it was bought live on ET and I'm probabaly NOT ONE DAMN CENT AHEAD an entirley wasted year... so I must believe in it ... I guess? This will be a CRSPR year, a breakthrough year for that tech. I'm sure of it.
It's funny the last thread has a few main themes and Sports Betting & Crispr were the big ones and here we are a year later... It feels like these themes are coming together finally. Along with Shopping from home.
We Have Cash we could add something an Ebay perhaps.... Maybe an Olly??? Or just some Dick. Stocks are pricey here, retail driven plays are I think long in the tooth.
CENT- Central Garden & Pet was $28.76 on this day a year ago.
Today it is $34.84 That's NOT expensive. And it's in a hot area...
SunTrust analyst Bill Chappell raises his price target on Buy-rated Scotts Miracle-Gro (SMG) to $150 from $140 and on Hold-rated Central Garden & Pet (CENT) to $35 from $30 as part of a broader Consumer Staples research note, citing the findings of his survey about consumer activity trends during the mandated shelter-in-place orders. The analyst notes that a "whopping" 42% of respondents indicated they have or plan to garden during the shelter-at-home weeks, which is a long-term positive for Scotts Miracle-Gro as many consumers will likely stay in the category for years to come. According to Chappell, over 25% of respondents also indicated that they have recently or planning to adopt a dog or a cat, which will drive Central Garden & Pet's pet food product category.
The Company does not get a lot of coverage. Not a lot of folks know about it. & Like Ollie's I don't think I've veer seen a Central Garden Store...Or would know where to find their pet food products? They don't advertise... That's the scary part-- who the heck are they? Maybe someone here has utilized one in their area?
But there is an attraction to a stock that is in a good place.. I'm assuming they do web... You know what I'm going to have to ask for coverage on this name.. But This would be my most likely add here....
Hi Stoney.
They have an Ollies in Waterbury and Manchester CT. There's 21 in NY, and 6 in Jersey. Tap in your zip code on their website.
They do sell camping and lawn and garden stuff. They're pretty cool stores really. Great place to buy books. Incredible book selection.
The stock is pricey, but there's several reasons. I'll get to that later.
Now your thesis on camping, here's my opinion Stoney. People who decide that because of Covid, camping will now be their family thing to do... those people are folks of modest means at a minimum. People like that who have heretofore never ventured into a realm such as camping (i hate it btw...)... they do research. Tents, gear, whatever. They use the internet. And people like that, they're gonna use AMZN, and rightly so. Price compare most items on AMZN vs Dicks, there's no compare. Unless it is in fact items that are price controlled by the manufacturer. Like Yeti I suppose, or other top brands of various sporting goods. Anything DKS sells, AMZN sells, and AMZN has all the cheap knock-offs that in many cases.. are apples to apples.
DKS stores are huge and expensive af. Always located in the highest priced retail sections of any major city. I mean that's good, but the costs... and the taxes. That also limits growth. By comparison, Ollies always opens up stores in decent areas, but in strip centers with vacancies. Ollies is a "destination store", ie people specifically head out of their hovels to grace one. Renovation costs per sqf are minimal. Their stores are well laid out, but they don't spend a lot on fluff. These are not Target Stores lol. This is a huge component to their growth story. The stores don't have to be pretty, its what's in them that matters. Name brand stuff at 60% off.
They've buried Piglots... $BIG... in every market they've entered. BIG has over 1600 stores... Ollies has only 360 in 25 states. Growth potential is huge. Same store sales continue to increase also. That's the reason they are so pricey.
All things being equal stoney... imo.... instead of buying your wife some Dicks for the anniversary, I say go with Ollies. DKS is overpriced, its a mature model imo. It should not command that PE. Ollies has huge growth ahead, and if they do load up on quality inventory due to so many other companies shutting down or just dumping inventory for cashflow, then Ollie's organic growth and same store sales should reach new highs.
OLLI- $96.50
DKS- $41.50
Lets see what happens going forward. Note, ollies had a nice bounce off of $95 today, but there's a little gap around $92. That $95 bounce today might be a floor going forward... assuming the broader tide stays above 2900 S&P.
