Stock Talk With CK

      This week was by far the busiest week for earnings. With half of the magnificent seven reporting earnings this week, a lot of stock market moves was dictated on their performance. Stocks continue to tumble as we face a lot of economic uncertainty. It may be a factor of starting to price in the economic downturn that may come upon us over the first half of next year. Surprisingly strong GDP numbers show that the economy is strong and the bad news is that interest rates may stay higher for longer. I expect GDP to not grow as strong as it did this quarter (Q3), in Q4, as we have factors from geopolitical and student loan resumption starting to come in effect. Overall, earnings were not too shabby, in fact it seems companies are starting to return to pre-pandemic ways. I am going to keep it pretty brief when it comes to the companies because there are a lot to get to.  Tuesday, October 24, 2023 General Motors Company (GM)-     General Motors beat on both ...

      Well earnings season is finally among us, so we will start producing more beefier blog posts and cover a lot more companies over these next few weeks. I had one company report last week that I decided to throw into this weeks post, because I felt that it was pointless to make a post with just one boring company. With the inclusion of that company, we will cover 7 companies that report earnings this week and will give your our thoughts and opinions on how they performed during the quarter and the outlook. There is a lot of controversy going on with a war breaking out in Israel and the House of Representatives with out a speaker. This year seems to be the year of how geopolitics affect the market. There seems to be a lot of confusion with the outlook of the market right now, but inflation numbers still look to be fair and the earnings of major companies will be able to tell us a little bit more about where this is headed.  Thursday, October 12, 2023 Walgreens Boo...

     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...

      Earnings season is officially winding down. This week will be an easy week, as I only have 2 holdings reporting earnings. The 2 companies reside in the technology sector and one of them has been the talk of 2023. It will be interesting to see how these companies do. I will assess the quarters and dive briefly into hot topics printed on the earnings release. Wednesday, August 23, 2023 NVIDIA Corporation (NVDA)-     NVIDIA saw a major gain after reporting earnings. This would all fall down on the face of the earth in Thursday's trading session as the stock saw minimal gains. This company was probably the most watched earnings report of the earnings season. NVIDIA saw significant beats on both the top and bottom line in comparison to analysts expectations. The growth is astonishing as the company has seen AI demand take off. The new computing era is beginning with accelerated computing and generative AI platforms. NVIDIA makes a special chip that a lot of com...

      As earnings season winds down, the length of my report will get gradually shorter. However, on the bright side, I will be able to go a little bit more in depth on the earnings report. This week brings us 4 of my holdings that will report earnings, and two of them are major players in the retail area. A controversial semiconductor play that is a high risk stock will be 3rd. Lastly, I will report on a company that is located in the Netherlands.  Tuesday, August 15, 2023 Home Depot, Inc. (HD)-      Home Depot saw a pretty flat trading session after the company reported earnings. The company beat on both top and bottom line compared to analysts expectations. It looks some headwinds loom for the business as the company has seen slowing growth ever since the pandemic boom of home remodeling. It was noted that the strength was in the smaller projects and that pressure was felt in the big-ticket items. Home Depot initiated a $15 billion stock buyback pla...