Grab intended to spend less on incentives as the pandemic recedes. This would put its delivery business on track and strive to break even on an adjusted EBITDA basis by the end of 2023. However, the share price of GRAB dropped
24.92% to $2.410 for the week (As of May 27, 2022).
● Mooers comment @hmk_nokia :
Massive layoff coming for Grabbers? $Grab Holdings (GRAB.US)$ As grab stock price creating remarkable low price, will Grab layoff again just like 2020? let’s see
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Part Ⅲ: Weekly Topic
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What stocks you would never buy? Why?
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HopeAlways :
HopeAlways : From lithium miners to lithium electric car battery charges, everything EV seems to be going up recently. The electric revolution appears to be in full swing and it should be obvious why investors are excited about EV stocks. Unless EV stocks are cheap enough in terms of valuation, it may be worthwhile to hold back a little longer until they are cheap enough to worth buying and holding for the long term.
SebTheTraderOuf : Which stocks wouldn't you like to buy even if they grow?
@Moo_Rich@Meta Moo@moomoo News SG can the question be rephrase ( which stock we want or don’t want to buy )
Milk The Cow :
Syuee : Big tobacco like $Philip Morris International (PM.US)$, is an industry that some investors may find it hard to love.
I must say it is incredibly difficult to find very high-quality companies like Philip Morris that have such safe and growing dividends that also trade with fair valuations.
Personally, I will not invest in Philip Morris International due to the moral implications of investing in companies that sell products that are known to cause harm to consumers including little kids.
I find it difficult to invest in “sin stocks” like big tobacco…
Philip Morris International appears to be attractively valued. It’s forward price-to-earnings ratio of 19.1 is below the 21.8 average of the consumer staples sector.
Also, Philip Morris doesn't just look like a deal compared to its sector. It has a 4.6% trailing-12-month dividend yield which is slightly higher than its 10-year median of 4.5%.
This actually makes Philip Morris International a solid stock to buy and hold for the decades ahead~ .
The truth is the tobacco industry needs kids to start smoking to make up for the adults that die from tobacco-related disease.
Big Tobacco has spent big bucks on getting kids to start smoking. Tactics are deceptive.
To be a socially responsible investor, I will unlikely consider to invest in $Philip Morris International (PM.US)$, despite the attractiveness.
Milk The Cow : I guess is oil company stock for now currently .
Yar, unfortunately the opposite of Warren Buffett .
Firstly, I know nothing about oil .
Also, we are moving toward EV & the economy is all about environmental friendly...
It may take years but it won't be long...
HopeAlways Syuee : Thinking of a tobacco company as a long-term investment seems counter-intuitive. The global smoking rate has continually declined over time, and it is a well-known fact that tobacco stocks like cigarettes are bad for one's health.
Popular on moomoo OP SebTheTraderOuf : Sorry to make you confuse. We have edited the question already, the question is: What stocks you would never buy? And why? Looking forward you hear your opinion
Syuee HopeAlways : Batteries are a crucial component of EVs. As sales of EVs speed up, it will certainly drive higher battery sales.
Forward-thinking investors might want to consider adding battery makers to their portfolio to potentially profit from this megatrend.
However, as it is an emerging technology, these investments will likely exhibit above-average volatility as well.
Double Rainbow Syuee : RESPECT !!
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