There’s a shortage of hot stocks. That’s why P/Es are so cursedly high. There are no bargains today. We buy on “stories.” For example, TSLA today.
Items:
+ AMZN’s P/E is 84.27. It is climbing back to its high of over $2,000! Or was yesterday.
+ AAPL’s P/E is 25.21.It’s climbing to over $300 propelled by investor love, rather than earnings which aren’t strong and are declining.
I bought some more FB and GNRC yesterday.
I don’t own Tesla, though it’s done ultra-well recently:
I don’t rue not owning Tesla. I was leery of the stock’s volatility — but I was wrong. Elon pulled it off.
I can’t predict what Iran will do. But wars have often been good for stocks.
Pick these up on a pull back
They make all the electronic bits and pieces that fit into solar electricity systems — residential and commercial. Their earnings are growing nicely and there are lots of strong recommendations. They’re in the right place at the right time.
SEDG has a P/E of 46.23 and ENPH has a P/E of 79.73 according to Yahoo Finance.
“Excellent” advice on Windows 10
I received a kudos from my harshest critic for yesterday’s advice on upgrading to Windows 10, or not. If you missed the advice, click here.
Australia will survive its bushfires
A woman laughs on Christmas Day at Bondi Beach, Sydney.
Bikers give an ailing koala water. Normally koalas live in trees and get their food and water from the leaves of the eucalyptus tree. But these trees burn very easily and koalas fall to the ground. Koalas are very shy. This is desperate behavior. I once spend a summer with them at Taronga Park Zoo in Sydney. I took photos of them with American tourists. If the tourists liked the photos they bought them. Koalas sold more photos than any other Australian animal. I had to fetch a koala for each photo. The koalas didn’t like being fetched. They didn’t like me. One expressed displeasure by peeing on me. If you’ve been urinated on by a koala, you have to throw away your clothes. You can’t wash the smell out.
Words of dubious wisdom
+ If you think nobody cares whether you’re alive, try missing a couple of payments.
+ Denny’s has a slogan, “If it’s your birthday, the meal is on us”.
If you’re in Denny’s, and it’s your birthday, your life s*cks!
+ Interviewer: “So, tell me about yourself.”
“I’d rather not. I want this job.”
+ Cop: “Please step out of the car.”
“I’m too drunk. You get in.”
See you tomorrow. — Harry Newton
