iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,200 Blog Posts

Your Supermarket is Your Shopping Mall Now

NOTE: WE UPGRADED THE STOCKLABS NEWSWIRE TO INCLUDE KEYWORD FILTERS. ENJOY

Interesting times. Let me posit this fact now. You have no place else to shop other than your grocery store or pharmacy. This goes without saying, but I’d surmise that a healthy portion of the $500b spent at the mall and restaurants will now be used in other places. This means KR and AMZN is your new Macy’s and Nordstrom. This means HAIN, CPB, and SJM are your new designer labels. Get it?

Because of zero percent interest rates, stocks that pay dividends deserve higher multiples. This is classic multiple expansion phase because of yield. Add on top of that the MONUMENTAL shift in consumer behavior and FORCED monopolies and you have a time and place where RECORD HIGH multiples can be affixed to consumer staples.

Yes, names like CLX, PG, CL, K, SJM and even FIZZ deserve high growth multiples. You will soon learn how incredibly under prices these stocks are and you should, as I will be soon, take advantage of rally days to buy them. They will dip on rally days — because ERRRRR “V-SHAPED RECOVERY” idiots piling in and out. But rest assured, these stocks will appreciate over the next 6 months.

Other than that, I am playing this bounce via the most degenerate way I know how.

NOTE: Trump just said he supports govt ownership in equities. Ok then.

THE PARTY CONTINUES!

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11 comments

  1. heckler

    I’ll stop talking about it bc I know some male nurses and other homos on here get really annoyed, but crypto is having a pretty good day. Peace out fags!

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    • monkeybot

      BTC. DASH also surging on updated API release for their P2P platform. Instant, Anonymous.

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    • roguewave

      Don’t like it. Don’t read it. Move along.
      At the moment BTC up almost 20% with the previous 5 days flat.
      Index-funders wish they were flat the last 5 days.
      Crypto is a small market. BTC has 21 million max supply. Millions have already been lost. A small trickle from other asset classes could be explosive.

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      • metalleg

        You know what else has a 21 million max supply?

        BSV

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        • roguewave

          Yes, absolutely correct. I just don’t understand it as well.

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        • roguewave

          All legit cryptos (and many scamcoins) will increase IF and only if, money comes in from other asset classes. That’s the bet. Like it or hate it.

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    • ericbakerbruce

      You’re high

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  2. alty

    I hope all the weak hands tell their progeny about the time they missed the generational buying opportunity. There is a lesson to be learned. If you think the civilized world is going to end right now, you are the herd.

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    • numbersgame

      A little bit early for popping the champagne, but I’ll give you credit when/if it is due

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  3. Raul3

    if only someone, somewhere, had the foresight to buy Kroger before this whole mess. RAUL SANTOS, February 14th (aka the top) ” A rumor is passing through one of our affluent neighborhood that the entire Kroger organization is being tailored for am Amazon buyout. The origin of the rumor is salient enough that I am all for investing in Kroger.”

    http://ibankcoin.com/raul3/2020/02/14/high-level-thoughts-and-conviction-investments/

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    • numbersgame

      Is Kroger being bought out?

      Foresight isn’t a synonym for Luck

      You didn’t even mention COVID-19 in the whole post, and it was 2 weeks after asymptomatic infections were verified.

      Also, TSLA, TWTR, MSFT, AAPL, GOOG…

      but I do like your posts generally speaking

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