/biz/ - Business & Finance

It's going to hit $400 before the markets even open...

>>15614244
Cramer nuts himself over Splunk. I'm definitely in if it dips. Still holding heavy AVGO bags though. Also thanks for the heads up on CLOU anon

Hey laddies, been waging hard recently and haven't been around much, but wanted to share my thoughts on upcoming earnings. Let me know if you agree/disagree:

-ACB: had a little bump recently since it sold off some assets, but I still think pot stonks aren't quite ready for prime time. Don't expect EPS to be positive and I expect in-line at best, but probably a miss. No position.
-KR: this one's had a nice run over the past month. I'm long this stock and I'm long going into earnings. PT of $28-$28.50.
-AVGO: really strong stock that hasn't seemed too hurt by tariffs/trade war stuff, I assume due to upcoming 5G rollouts. I expect a beat and possibly a guidance raise. No position but I'm considering maybe getting an ITM call spread with a month or two from now exp (especially if the stock dips before earnings and premiums come down)
ORCL: tough call here. Kind of a legacy co like IBM and still very much embedded in many many large corporations around the world but aren't all that sexy. Pretty neutral on this and no position. If I had to guess I'd say in-line all around.

>>15193849
It didn't have anything to do with your post, I just assumed you were a virgin Pendy.

>>15089588
Baggie is hilarious, if you don't like him you can always filter his trip