Trader J's Inner Circle Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trader J's Inner Circle

NVDA 188.23

+0.1%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Trader J	8/3/2024 11:58:34 AM
	of 56532

Three names I'm looking at that aren't typical for me but I'm starting to get intrigued either due to value + income (yield) or a purchase at recent lows into growth opportunity. ADM - Have been watching this one from the low $50s, missed it at about $54 and wasn't willing to chase it above $60. Now back below $59, I'm tracking it again for a first purchase as a long term yield hold. LULU - This one still scares me but it is now back to 4 year lows and is still an intriguing growth name. The fear comes from that it's position in the market as a premium product into a poor consumer market environment. The market weakness is providing a potential opportunity but I'm waiting it out. ULTA - In the same boat is ULTA which I see as a more intriguing opportunity at 3 year lows. I liked ULTA as it crossed $200 but wasn't willing to chase it and watched as it hit $550. Now back to $341, a P/E of 13 and A PEG of 1.5, I'm starting to consider a first position. Also like the low float on this. The issue is that we have a lot of names that are looking interesting now, some with great yields that got much better over this past week.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next