The Speculative Stocks....

[fenders53]

(10-30-2020, 03:13 PM)divmenow Wrote:

(10-30-2020, 02:46 PM)EricL Wrote: ETSY is starting to look pretty tempting around $120.

Had really good earnings earlier this week, and trades at a 60 PE on current estimates.

I love ETSY. They will do well in any economy. These kind of companies are the future. They are growing at 80%. Not many can say that lol

I own ETSY, PIN, TDCO, SNAP, PYPL, FIVN, BILL, TTWO and may other name like this. Some I bought in early and some not 

All these companies they say are stay at home stocks. But The truth is they are companies that cater to everyone and everyone uses there products or needs them in one way or another. 

Today is the biggest hit I have taken ever lol. But I'm shaken it off. Time for some shots 

But all these names are long term holds unless something dramatic happens with their business 

It seems no one wants value any more, Unless it's growth oriented. I have a ton of value names as well but I'm not betting on a recovery any time soon lol.The growth names are where the action is. Expensive yes, but its about the future.. But on days like today you get smashed lol

Sorry I said too much as always.. But to answer your question ETSY is a winner

I think most of us enjoy the commentary.  Honesty is good and our group is small.  If we leave out the bad part our advice is pretty useless IMO.  I'm only down about 3% total since this dip started.  I am also WAY underperforming those like you with a bunch of high fliers in the port this year.  

Unlike a MOMO forum, everyone here can explain why they bought a stock, and usually prepared to hold it a few years if that's how it ends.    

I own nearly 50 stocks, and got beat up by JNJ and LLY this week.  How does that even happen with no big news?  Guns saved me some, and the UTEs usually skip the first part of a market pull back.  Probably get my beating next week.