I anticipate that the sell off may continue for a short while. This is creating a buy opportunity for the long run. So I’d like to hear your thoughts in terms of the Best Buy Now. Preferably, I’d like to hear names that your are most bullish AND have been unjustly and severely punished in the sell off.
I was just coming to Saul’s board to initiate the exact same discussion!
UBNT seems to be severely punished without any real news (unless I am unaware of it). Off it’s high by about 33%. Trading at 17.09 forward P/E (Y Finance).
The 3D printing field continues it’s sharp descent south (XONE, DDD, SSYS), but pricing could may be coming back to reality and these prices may not be deals at all. Time will tell.
UBNT is of good value, XONE actually looks tempting for me. Yes, it is expensive but the market cap is getting smaller and with its metal focus, it may be takeover target.
XONE actually looks tempting for me. Yes, it is expensive but the market cap is getting smaller and with its metal focus, it may be takeover target
I looked into XONE 6 months ago or so. At the time they hadn’t ever sold any metal machines. They are basically a sand-mold company. AMAVF was the company that actually made machines that made things out of metal.
At the time AMAVF was selling in the $50’s and XONE was in the $60’s. AMAVF was very profitable. XONE had nothing but losses. Now they are both selling at $29 and change, but AMAVF has gone straight up and has split 4:1 to get there. XONE has gone straight down to get there, inspite of being the MF choice. Making a profit really matters. I sold out of AMAVF at $165-$195 pre-split (as I remember). I thought all the 3D stocks were too high. Still think there are better bargains out there.
I know about Amavf. I am watching it, too. I just thought Xone as it keeps dropping, may be a take over target. I will not thought it unless it goes down much more.
I am also looking to add some scty, bunt and szym.