Stock Talk With CK

 Earnings Report: May 11, 2023     Today is a lot lighter than the previous days with only one of my holdings reporting earnings. Yeti reported earnings before the market opened this morning. I will go over their earnings release and give my opinion on where the company stands.  YETI Holdings, Inc. (YETI)- Yeti reported earnings before the market opened this morning. The stock is seeing a slight increase in share price after the company beat on the top and bottom line compared to estimates. Net sales saw an increase of 3%, despite the company having to recall some products in the quarter. They also were able to expand gross margins. Yeti introduced the GoBox cargo family, were able to build new color customizations on the Yonder bottle, and they are growing their expansion outside the United States. The products that were recalled will be fixed and back on the market by the fourth quarter. Gross margins saw positive growth for the first time in seven quarters. Guidan...

 Earnings Report: May 10, 2023     Today is a lot lighter with only 3 of my holdings reporting earnings. Disney is a big name to watch this afternoon, and another one of my favorites The Trade Desk reports this afternoon. I will summarize the earnings releases and give my opinion of what I think. The New York Times Company (NYT)- New York Times reported earnings before the market opened this morning. The stock declined during the trading session. The company beat on bottom line but missed on the top line. The CEO left some remarks on the quarter saying that the company made steady progress on their substantial subscription strategy. They are also seeing future growth in subscriptions as well. The company was also able to implement its value-based pricing strategy, they were able to slow cost growth for the third quarter in a row through disciplined cost management. New York Times was able to add 190,000 new digital subscribers in the quarter, which brought the total up to...

 Earnings Report: May 9th, 2023     Today marks a pretty busy day when it comes to my holdings reporting earnings. I have 6 holdings set to report earnings and 5 of them coming this afternoon. I have a final exam this evening, so I will try my best to get this report out in a timely manner. I will go over the company’s earnings release, followed by my opinion on the company and where it stands. DigitalOcean Holdings, Inc. (DOCN)- DigitalOcean reported earnings before the market opened this morning. The company is seeing an uprise in the stock price, despite a miss on the EPS portion. The company beat top line estimates, and missed by one cent on the bottom line. DigitalOcean is in the business of simplifying cloud computing for software companies. The services the company provides is beneficial because it allows the software companies to spend more time on creating software that will change the world. The CEO left some strong remarks on the quarter and reiterated the simp...

 Earnings Report: May 8th, 2023     I only had one holding report earnings today. I will summarize the earnings release and give my opinion on the company. PayPal Holdings, Inc. ($PYPL)- PayPal reported earnings after the market closed this afternoon. The company beat on both top and bottom line estimates, but the stock price is seeing a slight decline in after-hours trading. The company raised guidance for the year and achieved its guidance they had for this quarter. The CEO commented on the wonderful start that PayPal has had this year and they are continually improving their service. They are picking up some momentum and this was the main factor for the increase in the guidance for the full-year results. The CFO commented on advancing the strategic priorities while operating in the dynamic environment. The results look pretty wonderful for PayPal and they look to continue growing. I think this company has a bright future and looks to be dominant in this space. My Thoug...

 Earnings Report: May 5, 2023     I only have one of my holdings reporting earnings today. It is going to be a short and sweet report. I will cover what I got from the earnings release and give my opinion. Warner Bros. Discovery, Inc. ($WBD)- Warner Bros. reported earnings before the market opened this morning. The stock saw a little boost even though the company missed on the top line and had an awful miss on the bottom line. The reason I think the stock was up was due to the overall sentiment of the market. The company is undergoing a huge restructuring plan. They had $50 million in EBITDA and 1.6 million in net adds. They feel good about the progress they have made and the trajectory they are on. It is becoming more apparent that they will be able to deleverage the balance sheet and drive free cash flow higher. Revenues saw a dip and earnings saw a 10% decrease. It looks like they were able to decrease OpEx a little bit, but still disappointing. The Ad market is really...

 Earnings Report (May 4, 2023)     I had 4 of my holdings report earnings today. I will summarize the earnings releases and give my thoughts on how I think the quarter went.  Datadog, Inc. (DDOG)- Datadog reported earnings before the market opened this morning. The stock saw a major uptick as the company beat estimates on both the top and bottom line. Many had fears that the company was going to have some issues with cloud computing, but that didn't seem to be the case this quarter. The company was able to grow revenue at 33% and saw the customer growth continue. Datadog continues to innovate, in which they just recently launched their Data Streams Monitoring and Application Vulnerability Management. This widens the base of the customer and puts them in a better spot when it comes to security. The company had 2,910 customers with ARR over 100k, which is up from 2,250 last year. The company did report at a loss, when it was profitable last year. I think the investment...

 Earnings Report: May 3, 2023     I had two of my holdings report earnings today. I will summarize the earnings release and give you my opinions on the quarter. The Kraft Heinz Company (KHC)- Kraft Heinz reported earnings before the market opened this morning. The company beat on both top and bottom line estimates. The company has a bunch of subsidiaries with brands you see on the shelves on a daily basis. This stock is also the 5th largest accumulator of dividends for Warren Buffett. The company saw a really impressive quarter with solid growth in both the US and International. The company is going through a transition and it is currently heading in the right direction. They don't want to declare victory, as they are still continuing to optimize the business. The outlook looks to be a solid and the business is definitely in a better position than it was a couple of quarters ago. Solid quarter by a solid company and the reinvestment into its businesses will propel this co...

 Earnings Report: May 2, 2023     Today I had 5 of my holdings report earnings. I will summarize the earnings releases and give my opinion on the companies. Zebra Technology Corporation (ZBRA)- Zebra Technologies reported earnings before the market opened this morning. The stock saw a deep decline during the trading session and is currently trading even lower in the after hours. The company is known for optimizing workflows for other companies who use their service. The company beat on both the top and bottom line. It was the outlook that shot the stock down. The CEO left some remarks about the upcoming challenges the company is going to be facing. With the economy shrinking, it is going to be important for Zebra to hone in on retention and growth where present. The company does seem to have a little bit of a cash to debt problem with debt as the majority in that case. The outlook shows a decrease in sales by about 9-11%. The CEO said they made it over the midpoint of the...

 Earnings Spotlight: May 1, 2023     Today marks the first day of trading in March. I had two of my holdings report earnings this afternoon. I will break down the earnings and my thoughts. April saw the markets rise, so let's see what this month has in store.  Arista Networks, Inc. ($ANET)- Arista Networks reported earnings after the market closed this afternoon. The stock is seeing a sharp decline in after-hours trading. The company works on client to cloud networking for large data centers, campus and routing environments. The results looked pretty impressive with top and bottom line numbers beating Wall Street estimates. The forward guidance also looked solid, and that also beat the expectations of Wall Street. I was honestly knocked off my socks to see how much growth the company has seen since Q1 last year. They are also dipping into AI and working on customer's AI strategies. I think one thing that is holding up the company is the macroeconomic uncertainty that...