Get started

Parts

PRTS - Penny stock about to launchPRTS is a car parts online seller. During covid boon, the company grew agressively, so is their share price and market cap. Since then, not much dilution, 600m NR, P/S is below 0.1!! Issue is profitability, the company does not have a debt issue, current cash and current profitibability and FCF can last years so no dilution to be expected. In July, they started a TV commercial campaign, insider buy at 1.09 level for 100k usd. I mean for me this is an obvious play, but at 1.10 below, ride to 2 usd easily. Even then P/S will be still 0.2 and with their transformation of product portfolio, if they post a profitable quarter end of the year, easily we will x3 here. I put enough money that I will not be sad if I lose. I think we are at the floor prices but anything can happen, this is not classic mag7, yet I see a very nice risk reward with stop loss at 0.95
NASDAQ:PRTSLong
by S5_Trading_Desk
AZO may run up to earningsIn my opinion, AutoZone is overvalued and the company's balance sheet is problematic. (Current liabilities are greater than current assets, giving the stock a negative book value per share.) However, the book value is bad partly because management has opted to buy back shares rather than pay debts, which is good for share holders and for the stock price even if not for the financial health of the company. Also, the odds look good for Autozone to report strong results and to deliver strong guidance on its upcoming earnings date. In August, the price of used cars rose 5.4% on the CPI report, and parts were one of the fastest growing categories on the PPI report. We're headed into a recession economy, where people will buy used cars and fix them rather than buying new. That should be great for parts retailers like Autozone.
NYSE:AZOLong
by ChristopherCarrollSmith
1