One time litigation/settlement fees last year, forward P/E is comparable to MA's although it is still higher at ~21 versus MA's ~19
exactly why you wouldn't want to do that right now, MA has more room to grow long-term. MA has been a better performer across almost any timeframe, MA is cheaper and growing faster. I own both but see no reason to go from MA to V except for the smaller volatility in V due to larger number of shares.
Sentiment: Strong Buy
UA beat on both revs and EPS, shares up 5%. MasterCard beat and LVS beat, looks to be a very nice day. Listening to some conference calls now. Good luck to all.
Sentiment: Strong Buy
I've trimmed my UA position greatly but the last few days have hurt a little. I don't really know what to make of the firing that was announced today. I thought it could have been a positive if it's only because of the ineffectiveness of the sneaker dept. (which has been a disappointment to me so far). I still can't buy a pair of UA sneakers as they aren't good enough in my opinion. I really hope they do better going forward with footwear.
I think the UA action lately is forecasting an earnings miss and it's reminding me of the relentless selloff in Apple the last few months up to earnings. I also see rotation into other sectors like finance and payment processors. I have moved most of my stock money in stocks that are doing well, (MA,V, EBAY, DIS, DISCA) because for me the most important thing is the chart and I don't like what I'm seeing in UA's chart lately, you called it right a few weeks ago. I'm also building some nice cash reserves up.
Macro, who knows lol. I work in real estate and most prices in NYC are still very depreciated and worse is that there are so many commercial vacancies. The market seems to want to rally and make new highs and I won't fight it, which makes UA's underperformance even worse. My eyes tell me one thing on the ground but most of my portfolio says another. It seems like la la land.
I do remember, you made the call and it blew away any stock that I had last year in the first two months and now it looks like it's going to again lol! I can't believe this one, it's been so volatile but you've been calling it for a while at depressed prices and you've been right. I remember seeing it at something like a 3 billion market cap sometime last year when it was trading around $50 and I though that did seem too little considering their revenues and potential overseas growth but I didn't think they'd be able to compete with Amazon and others with regards to spending. When they made the Disney deal it seemed like they were getting their groove back.
I didn't look at the earnings in depth too much, did they simply beat big or did they issue great guidance going forward? It seems like they might have done both but a 40% pop is ridiculous. The market never makes it easy but if anybody wants to be successful long-term they have to learn how to sort through all the noise and figure out what's really going on. I hope you're enjoying some nice profits today ; )
yeah that's the definitely the problem, you can only own so many stocks. I wish I had unlimited funds, but then I wouldn't even have to invest haha
nice one Indian, I remember you calling both. NFLX has been acting well for you too lately. MA, EBAY and DISCA have been my bright spots lately. I agree with you, I don't expect much from UA this year (expensive) but I'd be more than happy to be proven wrong as i still hold many shares. I'm adding to my CF position soon, I like this one for 2013.