Stock Talk With CK

     It was a nice little break in the earnings report, but just like that we are back! We are slowly easing our way back into earnings season. However, this week marked the end of Q3 and September. September was a downturn from the rally we saw earlier in the year. There is a lot of stuff looming as the government is set to shut down on October 1st. The Fed is keeping a close eye on inflation but this weeks prints showed some signs of improvement. The average consumer is struggling as savings keep dwindling. In terms of our earnings, we just had two companies that reported this week. One is a warehouse style retailer and the other is a wide range consulting firm.  Tuesday, September 26, 2023 Costco Wholesale Corporation (COST)-     Costco beat expectations on both the top and bottom line. The stock saw a decline after the initial earnings report, but by the end of the week it has hit a new 52-week high. The revenue growth was impressive as it grew by a hai...

      This week was shortened by the Labor Day holiday that was celebrated on Monday. September has historically been a bad month for stocks, so it is no surprise to see the market start the month on a decline. At least we saw some sort of recovery with indices finishing higher on Friday. Apple and NVIDIA look to be facing a lot of pressure and have been the talk of stocks this week. In my world, I had 3 companies report earnings. Two of them being technology companies and one retailer that specializes in outdoor equipment. I do not have any companies reporting in the next 14 days, so there will be a break from posts until earnings pick back up again. Tuesday, September 5, 2023 Zscaler Inc. (ZS)-     Zscaler beat earnings expectations on both the top and bottom line. The company also raised guidance after strong Q4 results. The revenue growth was outstanding and the company outperformed its initial guidance. One of the more impressive things that I like is the g...

      We have reached a new month with September starting this week. August saw losses suffered for the overall month as the beginning looked like it was going to be a detrimental month for stocks. The indices recovered, but still were below where they started at the beginning of the month. In terms of earnings, we will take a look at two of my holdings that reported this week. One is a Cybersecurity company that is seeing demand soar. The other is a staple that has been around for what seems like centuries. Keep reading to get thoughts on the quarters and my opinion on what I think of the company's current state.  Wednesday, August 30, 2023 CrowdStrike Holdings, Inc. (CRWD)-     CrowdStrike saw a nice boost in share price as the company beat on both the top and bottom line. The outlook looks solid as it beat expectations as well. The platform strategy is setting the company apart from the competition which is resulting in high win rates. In my eyes, this i...