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Same -- there are actually a bunch of tech stocks that are think are similarly a good bet right now, for example $NET (Cloudflare). Any other things that look

Same -- there are actually a bunch of tech stocks that are think are similarly a good bet right now, for example $NET (Cloudflare). Any other things that look like good buys under the market crush?

misiti3780 4y ago
AMZN?
jmcgough 4y ago
Intuit. Their P/E is high but they pay dividends, they're fairly recession-proof, and they have a big moat vs competition.
silisili 4y ago
As someone who works at a...semi competitor, I think you're absolutely right about Cloudflare. They've got a strong team, strong products, and a lot of users. I think they're in a great position to start making tons of cash if so inclined...
- squeaky-clean 4y ago
  Whenever cloudflare has an outage and like half the internet stops working, it reminds me to buy some more.
  - RyanShook 4y ago
    Good point. But does Cloudflare have a moat? Seems like AWS or some other service could start competing directly with them if they wanted to.
    - astrange 4y ago
      They actually have opposite strategies - AWS and the other cloud providers charge a lot for outbound traffic to make it hard to leave them. I don't know if edge computing really has the advantage Cloudflare wants it to have though; it reminds me of open source projects with a lot of mirrors thinking you'll carefully pick the one in the city nearest you, as if anyone even notices.
      - silisili 4y ago
        Having a ton of edges also give you the ability to do a lot more granular and faster DDoS/traffic load protection. You can, at its simplest form, just start dropping all incoming traffic to a destination at a node to save a site. With 10 or 20 POPs, that's a fairly big region. With thousands, it can get pretty targeted. Every company claims to be worldwide, but when their site is down, they tend not to care so much if you just start nuking traffic from random foreign areas to come back up. Not sure if Cloudflare does this today, but the potential is there.
    - deleted 4y ago
      [deleted]
adventured 4y ago
NET is massively overvalued here, given the selling and repricing context. It could drop by another 50% and still be very richly priced. It's trading for 28 times sales, which is absurd. I say that as a big fan of the company's long-term prospects. Wait a while yet, it can be had for below $45 at least.
- azinman2 4y ago
  28x sales doesn’t seem so bad to me for a young highly innovative company with a huge fan base and real revenue streams that aren’t simply ads.
adventured 4y ago
Teladoc. Two times sales, a lot of negative sentiment on the stock (which I like to see so long as the business is sustaining). Bet on the long-term for the segment and their position. Their operating condition is sound and they have plenty of cash. Future returns were pulled forward during the pandemic era for things like remoting xyz (eg Zoom is suffering from that beating now as well). Let the bearishness rip these stocks up (a hard swing back from the insane bullishness previously, which is typical of speculators), take advantage of the stupidity that will abound in the selling down (exactly as it did on the way up). This is when you start looking at buying opportunities, to generate the returns later (even if it takes years). You take advantage of the big runs to sell to the fools chasing stocks like Teladoc at 6x-7x the present valuation. Buy sound companies with good growth horizons, bet longer-term in your calculating, buy cheaply enough to have a great moat / margin of safety. Rinse and repeat over time. It's all about taking advantage of the rampant irrationality, either direction. Just don't make the mistake of significantly overpaying and the odds are tilted that much more in your favor.
localhost 4y ago
INTC is trading at a PE of 7.1! And a dividend yield of 3.3%

Same -- there are actually a bunch of tech stocks that are think are similarly a good bet right now, for example $NET (Cloudflare). Any other things that look like good buys under the market crush?

misiti3780 4y ago

AMZN?

jmcgough 4y ago

Intuit. Their P/E is high but they pay dividends, they're fairly recession-proof, and they have a big moat vs competition.

silisili 4y ago

As someone who works at a...semi competitor, I think you're absolutely right about Cloudflare. They've got a strong team, strong products, and a lot of users. I think they're in a great position to start making tons of cash if so inclined...

squeaky-clean 4y ago
Whenever cloudflare has an outage and like half the internet stops working, it reminds me to buy some more.
- RyanShook 4y ago
  Good point. But does Cloudflare have a moat? Seems like AWS or some other service could start competing directly with them if they wanted to.
  - astrange 4y ago
    They actually have opposite strategies - AWS and the other cloud providers charge a lot for outbound traffic to make it hard to leave them. I don't know if edge computing really has the advantage Cloudflare wants it to have though; it reminds me of open source projects with a lot of mirrors thinking you'll carefully pick the one in the city nearest you, as if anyone even notices.
    - silisili 4y ago
      Having a ton of edges also give you the ability to do a lot more granular and faster DDoS/traffic load protection. You can, at its simplest form, just start dropping all incoming traffic to a destination at a node to save a site. With 10 or 20 POPs, that's a fairly big region. With thousands, it can get pretty targeted. Every company claims to be worldwide, but when their site is down, they tend not to care so much if you just start nuking traffic from random foreign areas to come back up. Not sure if Cloudflare does this today, but the potential is there.
  - deleted 4y ago
    [deleted]

adventured 4y ago

NET is massively overvalued here, given the selling and repricing context. It could drop by another 50% and still be very richly priced. It's trading for 28 times sales, which is absurd. I say that as a big fan of the company's long-term prospects. Wait a while yet, it can be had for below $45 at least.

azinman2 4y ago
28x sales doesn’t seem so bad to me for a young highly innovative company with a huge fan base and real revenue streams that aren’t simply ads.

adventured 4y ago

Teladoc. Two times sales, a lot of negative sentiment on the stock (which I like to see so long as the business is sustaining). Bet on the long-term for the segment and their position. Their operating condition is sound and they have plenty of cash. Future returns were pulled forward during the pandemic era for things like remoting xyz (eg Zoom is suffering from that beating now as well). Let the bearishness rip these stocks up (a hard swing back from the insane bullishness previously, which is typical of speculators), take advantage of the stupidity that will abound in the selling down (exactly as it did on the way up). This is when you start looking at buying opportunities, to generate the returns later (even if it takes years). You take advantage of the big runs to sell to the fools chasing stocks like Teladoc at 6x-7x the present valuation. Buy sound companies with good growth horizons, bet longer-term in your calculating, buy cheaply enough to have a great moat / margin of safety. Rinse and repeat over time. It's all about taking advantage of the rampant irrationality, either direction. Just don't make the mistake of significantly overpaying and the odds are tilted that much more in your favor.

localhost 4y ago

INTC is trading at a PE of 7.1! And a dividend yield of 3.3%