Name your top 3 hot takes of stocks that will underperform or worse next year.
For me #1 is Facebook. I have my doubts on how big this Metaverse play actually is going to end up being, seems like it was a good diversion from the issues they were dealing with.
At #2 is Disney. Looking at their streaming numbers, it's just not there given how Wall Street is looking at it, and that's how the stock got to the levels it did during COVID.
And #3 Upstart. Despite the hype, I'm just not sure I see the potential this thing has going into next year with much more market turmoil incoming.
Marilyne : PLTR - very high PS ratio while at the same Gov is amon the biggest customers.
Dabria : LCID
RIVN Basically the overpriced EV plays
Bailee : Facebook is undervalued with or without the hype metaverse brings.
Rivkal : RIVN - I just can’t comprehend how that business is worth anywhere near $100bn.
CLOV - can’t see how they can overcome their loss ratio.
Many of the cruise line companies if they aren’t sailing and filling ships. The cash burn and debt build is frightening.
And a bonus 4th one would be PLUG
WinningTrader : Question is can FB continued to be profitable moving forward without metaverse?
Wave with Dave : $Upstart (UPST.US)$ not going up? Wow. They are essentially a banks best friend by doing all the screening work and sifting out to find the ones that are credible and worth loaning, specifically the Hispanic non-English speaking communities. It is an area untapped by the banks because the banks don’t know how to reach them. I think the upside here is beyond what you may estimate.