Moelis & Co Stock Forum

LVMH $Moelis & Co(MC.US)$ released its Q1 earnings report last night, beating expectations across the board.
Revenue up 17% yoy
Selective Retailing showed the strongest growth in % 📈
$LVMH Moet Hennessy Louis Vuitton(LVMHF.US)$ $KERING UNSPON ADR EA REPR 0.1 ORD EUR0.00(PPRUY.US)$ $COMPAGNIE FINANCIERE RICHEMONT SA.(CFRHF.US)$

Upgrades
• $Acutus Medical(AFIB.US)$ : BTIG Upgrades to Buy from Neutral - PT $2
• $Antero Midstream(AM.US)$ : Wells Fargo Upgrades to Overweight from Equal Weight - PT $13 (from $12)
• $Autohome(ATHM.US)$ : Citigroup Upgrades to Buy from Neutral - PT $30
• $Fifth Third Bancorp(FITB.US)$ : Wells Fargo Upgrades to Overweight from Equal Weight - PT $52
• $Kinder Morgan(KMI.US)$ : Wells Fargo Upgrades to Equal Weight from Underweight - PT $21
• $MSCI Inc(MSCI.US)$...

Upgrades
• $Banc of California(BANC.US)$: Raymond James Upgrades to Outperform from Market Perform - PT $22
• $Cullen/Frost Bankers(CFR.US)$: Raymond James Upgrades to Outperform from Market Perform
• $W.W. Grainger(GWW.US)$: Wolfe Research Upgrades to Outperform from Peerperform
• $Invitation Homes Inc(INVH.US)$: Evercore ISI Upgrades to Outperform from In Line - PT $46 (from $44)
• $PCB Bancorp(PCB.US)$: Raymond James Upgrades to Outperform from Market Perfor...

$Visa(V.US)$ $Moelis & Co(MC.US)$
Visa and Mastercard seem to be joined at the hip. Their charts, P/E, forecasts, dividends, etc are similar. Currently down about 15% on Visa so I'm thinking of selling at a loss to offset taxes on some of my gains this year and moving that money temporarily into Mastercard. Then when the new year hits, switch it right back into Visa (I prefer this since it's my payment method of choice).