Is Steve D having his kitten put down? Which price notification has gone off on both Steves’ brokerage accounts? And what do Amazon and CostCo have in common? Find out on this week’s Playing FTSE Show!
The Steves have been seeing prices coming down in markets lately. And that brings some interesting questions. Should we be looking at concentrating our deposits into a few stocks, or spreading them out across the red positions we have (there are plenty of them). And should we be trying to follow the bigger players in the market or looking for things that are too small for them to bother with?
Next up it’s Dunelm. Not a stock we’ve looked at before, but we’ve had a request to have a squint at it and we’ve got some thoughts. Numbers look decent, it held up ok during COVID lockdowns, and the price seems reasonable. It’s a homewares retailer, though, so might it be about to struggle the way that Target has been struggling across the pond?
Bitcoin’s had a horrible time lately and all the sceptics who think it’s a massive fraud are feeling themselves. We don’t talk about crypto much and Steve W thought this was a bad thing. So he went looking for an expert. None of those was available, though, so he got Steve D to talk about the which, what, and why of his own cryptocurrency investing.
After that it’s the good, the bad, and the ugly of US stocks. Steve W is fond of CostCo. We sort of all know it’s a great business, but Steve’s been thinking about why. Is it cheap enough right now? Who knows… Steve D’s rather fond of Twilio — a Motley Fool favourite. It’s also a tricky one to value, but it’s growing like a weed. Worth checking out? You decide…
Something else that’s hard to value is Lucid Motors. But that doesn’t leave much room for ambiguity in Steve W’s mind. He doesn’t like it. He thinks it’s an expensive business with a really nice product. But sales aren’t getting there are supply chain issues are getting harder not easier.
Then there’s the ugly. Courtesy of Warren Buffett. Charter Communications is Warren Buffett’s 19th biggest holding and there’s a lot to like about it. It also trades at a pretty low P/E of around 16. But there’s something holding the stock back that makes it all seem too good to be true, according to Steve D. In fact, it makes the stock look really ugly. What is it?