Ideas For Now-

Is it time for an old friend to make it back into the portfolio?--

Stifel ups GrowGeneration target to $40 after Southern California acquisition 13:38 GRWG Stifel analyst W. Andrew Carter raised the firm's price target on GrowGeneration to $40 from $38 and keeps a Buy rating on the shares. The analyst notes that GrowGeneration announced the acquisition of Grassroots Hydroponics, a three store hydroponics chain in Southern California with annual revenue approaching $20M. Carter believes terms were relatively in-line with historic acquisitions suggesting less than $10M in total consideration with cash and equity. GrowGeneration continues to outline a robust M&A pipeline with over $700M in annual revenue, sporting an increasing competitive advantage while executing its ongoing roll-up strategy.
 
stonedinvestor said:
Just too Easy!

Velodyne Lidar, Inc. (VLDR)- up 13% Another gummy !
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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This is why it's important to read the filings of various companies.

Note who filed this one Stoney.

https://www.sec.gov/Archives/edgar/data/37996/000110465920112198/a20-32299_1sc13g.htm

Now go slow Stoney... its not the "name of issuer"... ya gotta scroll down and read a bit. And pay attention!

Here I'll post it again.
Read it all Stoney... not just the bold-faced header. :rolleyes:

;)

https://www.sec.gov/Archives/edgar/data/37996/000110465920112198/a20-32299_1sc13g.htm
 
stonedinvestor said:
Is it time for an old friend to make it back into the portfolio?--

Stifel ups GrowGeneration target to $40 after Southern California acquisition 13:38 GRWG Stifel analyst W. Andrew Carter raised the firm's price target on GrowGeneration to $40 from $38 and keeps a Buy rating on the shares. The analyst notes that GrowGeneration announced the acquisition of Grassroots Hydroponics, a three store hydroponics chain in Southern California with annual revenue approaching $20M. Carter believes terms were relatively in-line with historic acquisitions suggesting less than $10M in total consideration with cash and equity. GrowGeneration continues to outline a robust M&A pipeline with over $700M in annual revenue, sporting an increasing competitive advantage while executing its ongoing roll-up strategy.
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Lets crunch some numbers Stoney.
Feel free to jump in here at any time.

$700M in revenue, "outlined going forward".
Ok.

Allow me to make a point brother GBA.

Lets take a well run retail operation like Target.
Gross margins are about 30%. Their net operating margin after all the bills and taxes are paid is about 4.3%.

Now lets give GrowGen some slightly fatter margins. Albeit their net is still in the red, and I suspect will be for several years.

So $700M in revenue and lets say a few years out... (and I'm being generous).... they can streamline this thing well enough to match Targets efficiencies. We'll give them 4%.
So $28M (roughly) in profit.

Currently there are 49 Million shares out. $35/share.
That puts a value on the company of $1.715B

You like to keep things simple right? I do.
Lets slide the decimal points to the left a few digits to make a point.
We have $28,000,000 and 1,715,000,000.
So lets shift the decimal to the left 6 places.

Now I ask you.... if your kid came to you and wanted to buy a lemonade stand that made $28/year in profit, and asked you to front him $1715 to buy it.... what would you say?

What would Warren say?
What would Peter Lynch say?

I guess it doesn't matter.... because with stocks all that matters is what folks that don't know any better will pay.

GrowGen is NOT a software as a service company. They are retail and growing revenue by buying up existing mom and pop stores.

Its story stock Stoney, run by some very bright people that know this game quite well.

Whatever.
Just thought I'd point that out.
I'm sure it will double from here.
:cool:
 
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-Jerome F. Zaremba presents! A SNOWFALL FOR THE AGES! Help I'm Trapped!!!!

Well here I am in the woods of Ct where winters get very serious very fast-- life & death can come into the conversation-- more than 16 inches on the way. I have too much going on and time is too short and I can't risk breaking down on the highway so we will have to ride this one out.

The good news-- I drove the 87' Jeep Wagoneer yesterday and then had her taken to the barn. Her battery is disconnected and she sleeps like a baby in the warmth of an old barn that has heat. A lot of moisture finds it way inside that vehicle and 16 inches of snow trapping her in my driveway as the plow can't make it by would of been a true situation. I cut it VERY close this year. But I got it done.

>>>>>>>>>> All The News That Is Fit To Gummy))))))
Velodyne Lidar selected by May Mobility for Alpha Prime sensors 07:14 VLDR Velodyne Lidar announced a sales agreement for Alpha Prime sensors with May Mobility. May Mobility selected Velodyne as a provider of long-range, surround view lidar sensors for its entire growing fleet of self-driving shuttles. Velodyne's Alpha Prime is a next generation lidar sensor that utilizes Velodyne's patented 360-degree surround view perception technology to support safe, high-performance autonomous mobility. A result of more than ten years of lidar innovation and testing, the Alpha Prime supports precise, reliable navigation in real-time autonomous operation in urban and highway environments. The sensor detects and tracks vehicles, pedestrians and other obstructions to help autonomous vehicles safely navigate at various speeds, traveling night and day in a range of road conditions such as rain, sleet and snow

Yesterday Mobileye rocked the sector but did we have it wrong?
Luminar, Mobileye provide additional details on collaboration <---- Collaboration? yesterday it was viewed a as threat... LAZR can be bought today I think Van.

Purple Innovation initiated with a Buy at Truist 07:21 PRPL

Akoustis receives first 5G mobile orders for XBAW filters 07:19 AKTS

Recent Purchase in The Ideas For Now Portfolio- Avantor price target raised to $33 from $28 at Citi 07:15 AVTR Citi analyst Patrick Donnelly raised the firm's price target on Avantor to $33 from $28 and keeps a Buy rating on the shares. The analyst views COVID-19 vaccine/therapy bioprocessing tailwinds as well as growth in the bioprocessing order book as the single largest driver for the stock in 2021.

Berenberg starts 'greatly underappreciated' Spero with Buy rating 07:09 SPRO Berenberg analyst Esther Hong initiated coverage of Spero Therapeutics with a Buy rating and $47 price target. The company's lead program, tebipenem HBr for the treatment of complicated urinary tract infection, allows patients to be treated completely at home versus at the hospital, Hong tells investors in a research note. The analyst believes tebipenem's differences to other antibiotics are "greatly underappreciated by the market" and support potential U.S. peak sales of $1B-plus.

8x8 price target raised to $25 from $17 at Mizuho

Utz Brands price target raised to $23 from $21 at Barclays 06:44 UTZ Barclays analyst Andrew Lazar raised the firm's price target on Utz Brands to $23 from $21 and keeps an Overweight rating on the shares after the company closed its acquisition of Truco Enterprises.

SQM upgraded to Outperform from Market Perform at BMO Capital

Evoqua Water upgraded to Outperform from Neutral at Baird 05:13 AQUA Baird analyst Michael Halloran upgraded Evoqua Water Technologies to Outperform from Neutral with a price target of $31, up from $30.

UroGen Pharma CEO buys 10K shares of common stock 17:32 URGN In a regulatory filing, UroGen Pharma disclosed that its CEO Elizabeth Barrett bought 10K shares of common stock on December 14th in a $185K total transaction size, boosting her holding by 5%.

Van we would have made over 100% if we had bought David's Tea when we profiled it!--!!!! It's 2.00 Now>>>>
DavidsTea reports Q3 EPS C$.09 versus C$(34c) in same quarter last year » 16:31 DTEA

Yes 9 Candian cents!!! vs a loss of 34 Canadian cents!!!!!!>>>>>

What is wrong with us!!! ~si
 
I'm hesitant to even do this because the last time I pushed a bio guy that stock VERU went absolutely nutso on me and I took a tiny gain and left 70% on the table... so I'm scared t even do this--But here we go. Get to Know Spero.

 
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