Stocks I Want to BUY! - if the Price is Right

TL;DR

Top stock picks for buying during a market pullback, including Disney, Microsoft, and Apple, with detailed fair value calculations and ideal entry prices.

Transcript

hi i'm jimmy in this video we're looking at a handful of stocks that i have in what i call my bullpen and these are really the top stocks that i want to buy especially if we get the market to continue to pull back if the market were to have some real big correction these are the list of stocks that i'd ultimately i've ultimately already researched ... Read More

Key Insights

• 👨‍🔬 The speaker emphasizes the importance of conducting research and calculating fair values before buying stocks.
• 🪡 He highlights the need for a margin of safety to protect against potential risks in certain stocks.
• 👂 The list includes a mix of growth stocks (e.g., Disney, Microsoft) and defensive stocks (e.g., Kroger, Autozone).
• 🔇 The speaker shares personal experiences of buying stocks at discounted prices during market downturns.
• 🧚 The upcoming website aims to simplify fair value calculations and provide quick access to stock analysis.

Questions & Answers

Q: How does the speaker determine the fair value of stocks?

The speaker uses analyst estimates to calculate fair value, considering factors like revenue growth, margins, and free cash flow. The website being built will simplify these calculations.

Q: Why does the speaker have specific entry prices for each stock?

Having entry prices helps investors know when to buy a stock, based on the calculated fair value and a margin of safety. The speaker sets his own prices based on confidence in projected cash flows.

Q: Which stock does the speaker consider his favorite buy?

The speaker highlights Microsoft as his favorite buy, given its booming cloud business and solid growth potential. However, he is waiting for the stock price to drop below his ideal entry price.

Q: Why does the speaker include defensive stocks in his list?

Defensive stocks, such as Kroger and Autozone, provide stability during market downturns. The speaker considers adding them to his portfolio if the price is right.

Summary & Key Takeaways

• The content discusses a list of top stocks, known as the bullpen, to buy during a market pullback or correction.

• The speaker emphasizes the importance of doing research and calculating fair values for stocks before buying.

• Stocks mentioned include Disney, Microsoft, Apple, CBS, Autozone, Home Depot, Lowe's, Intel, Visa, and Kroger.