Hey MUGG, ARTDB and I were talking about INTC and IBM just a few weeks ago.. here are my comments;
"" Speaking of "old tech", I took a small flier on INTC a few months ago. This one is much more risky ( than IBM) , but I feel it has much more upward potential if they can get bought out or form a partnership (TSMC & AVGO have been interested suitors), or if they can now get things right on a new vision (AI ?) with their new CEO. This company has been like a rudderless ship ever since they (rightly) fired Gelsinger last year, who really mismanaged the company. This is a turnaround story for sure fraught w/ risk.""
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Hey MUGG, ARTDB and I were talking about INTC and IBM just a few weeks ago.. here are my comments;
"" Speaking of "old tech", I took a small flier on INTC a few months ago. This one is much more risky ( than IBM) , but I feel it has much more upward potential if they can get bought out or form a partnership (TSMC & AVGO have been interested suitors), or if they can now get things right on a new vision (AI ?) with their new CEO. This company has been like a rudderless ship ever since they (rightly) fired Gelsinger last year, who really mismanaged the company. This is a turnaround story for sure fraught w/ risk.""
@artdb Thank you ! You as well.. HSY seems like a classic stock that should do well in this type of chaotic Stock Market. And I see it did well today, too, in an otherwise absolutely horrendous day for the Market. Hershey's performance today almost leads me to believe the cocoa (and all/most other ingredients) they use are sourced here in the U.S. And I'm guessing Hershey's market is overwhelmingly located here in the U.S., with a very small minority in foreign markets sales. Don't know if any of this is true or not, but today's price action seems to indicate it may be. Also, chocolate probably benefits from being a "go-to" indulgence when it feels like the world is a little chaotic. I'd stick with it if you already own it...and will probably be a steady winner long-term if you're thinking of buying. It almost feels like a Buffet-like stock that's a long-term winner, been around for decades, and works in both good times and bad.
Addressing cocoa tariffs specifically, Michele Buck, president and chief executive officer of Hershey, said, “As a largely domestic food producer, we are relatively less exposed to tariffs than other industries. That said, the current US levy on cocoa is an exposure that we must manage on top of the cocoa market’s unprecedented recent price swings. Cocoa cannot be grown in the United States and thus, we are engaging with the US government to seek an exemption.”
Trump’s tariffs are going to cost Hershey $200 million this year alone.
@artdb Thank you ! You as well.. HSY seems like a classic stock that should do well in this type of chaotic Stock Market. And I see it did well today, too, in an otherwise absolutely horrendous day for the Market. Hershey's performance today almost leads me to believe the cocoa (and all/most other ingredients) they use are sourced here in the U.S. And I'm guessing Hershey's market is overwhelmingly located here in the U.S., with a very small minority in foreign markets sales. Don't know if any of this is true or not, but today's price action seems to indicate it may be. Also, chocolate probably benefits from being a "go-to" indulgence when it feels like the world is a little chaotic. I'd stick with it if you already own it...and will probably be a steady winner long-term if you're thinking of buying. It almost feels like a Buffet-like stock that's a long-term winner, been around for decades, and works in both good times and bad.
Addressing cocoa tariffs specifically, Michele Buck, president and chief executive officer of Hershey, said, “As a largely domestic food producer, we are relatively less exposed to tariffs than other industries. That said, the current US levy on cocoa is an exposure that we must manage on top of the cocoa market’s unprecedented recent price swings. Cocoa cannot be grown in the United States and thus, we are engaging with the US government to seek an exemption.”
Trump’s tariffs are going to cost Hershey $200 million this year alone.
I like APP (APP Lovin) and NVDA. If you understand covered call writing, there are mutual funds that write calls on indexes. QDTE issues a dividend every week on their covered calls.
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I like APP (APP Lovin) and NVDA. If you understand covered call writing, there are mutual funds that write calls on indexes. QDTE issues a dividend every week on their covered calls.
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