My thoughts on your stocks (not even worth $0.0001):
TSLA – this either will 2-3x from here, or stay in a trading channel for the next few years due to the rich valuation. TSLA is a polarization stock! If they truly achieve and dominate the autonomous driving with their tech, look out!
WE – they are public? Oh they are, back in late 2021. I feel a lot of the wind in their sail was taken off while they were still private and go a huge devaluation.
LYFT – no opinion, generally not a fan of gig economy companies
SQ – I am looking to scale into SQ
MSFT – I hold shares
COIN – no opinion
DASH – see lyft
UBER – see lyft
NET – Cathy Woods ARKK type of holding. I always think of FSLY, SNOW, DDOG when I see NET
CVNA – if they cannot turn a profit during the inflated used car price time period, how are they ever going to do that in “normal” times? I used to hold SFT before I sold and took my losses at around $7/share, I think it is now $3?
Stocks may be in the late denial or panic selling phase, haven’t felt there is a real capitulation on the boarder index yet, but definitely on those hyper growth + no profit companies — I do think out of the ashes, there will be some gems that will arise to be 10x or more 30 years from now, could it be TDOC, SHOP, RBLX? Who knows!
I typically do best buying profitable and growing companies with cash flows that just fell on a company specific issue that are correctable within couple quarters or years. A good example is hotels, did you see Marriott and Hilton are both trading near their all-time highs, a world of difference vs. 2020.
I believe EPAM, which I mentioned earlier fits the mold, the minute Ukraine war ends, that stock will pick up 25% to 50% from here — the world needs cheap software / tech engineers from Eastern Europe that cost 25% to 50% of your tech bros in Silicon Valley.
