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re: 2023 stock picking challenge thread

Posted on 1/1/23 at 11:40 pm to
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7472 posts
Posted on 1/1/23 at 11:40 pm to
I’m riding with XPOF.
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 1/2/23 at 7:59 am to
quote:

GeneralLee


Are you compiling all picks into a watchlist? Will be easy to track return %.

I put two picks in my post for fun, but my main pick is HLX.
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 1/2/23 at 9:05 am to
quote:

Medical/Heathcare related is overbought. I'm not buying anything in this sector until prices come down. It may take a while but i can wait.


I'm not bearish on the entire healthcare sector (for instance, I like ABT to do well in 2023), but you're right that a lot of stocks are overvalued now due to investor fear/defensive positioning.

UNH's multiple is historically high with low margins and lower growth. A bad combo heading into this year so the bull case is weak and the stock should face selling pressure.

2023 is going to have a lot of opportunity. A year for tactical trading and stock pickers.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26592 posts
Posted on 1/2/23 at 9:15 am to
TMDX.
Posted by MexicanBurtReynolds
Fairhope, AL
Member since Feb 2010
399 posts
Posted on 1/2/23 at 6:38 pm to
GNRC
Posted by WM88
West Monroe
Member since Aug 2004
1601 posts
Posted on 1/2/23 at 10:00 pm to
RKLB
Posted by mooch1984
Member since Sep 2016
31 posts
Posted on 1/2/23 at 11:58 pm to
PAVM - PavMed
Posted by SlidellCajun
Slidell la
Member since May 2019
10648 posts
Posted on 1/3/23 at 7:47 am to
Going with tsla price 123

Posted by jerryc436
Franklin
Member since Jan 2014
521 posts
Posted on 1/3/23 at 9:32 am to
I was trying decide between TELL and AUPH. Looks like I picked the wrong one.
Posted by ynlvr
Rocket City
Member since Feb 2009
4617 posts
Posted on 1/3/23 at 1:21 pm to
Two interesting picks. I'm pulling for both. Good luck with TELL.
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 1/3/23 at 1:46 pm to
Yes I am putting these into an Excel sheet to track
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 1/3/23 at 1:48 pm to
TSLA down 12% out of the gate on day 1 lol.
Posted by SlidellCajun
Slidell la
Member since May 2019
10648 posts
Posted on 1/3/23 at 2:32 pm to
Incredible

And I was going to buy it for real but didn’t once I saw it starting to tank

I think we might see sub 100 Tesla soon
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 1/3/23 at 3:10 pm to
quote:

I think we might see sub 100 Tesla soon


Market makers are probably salivating at all the $100 stop loss orders that can be triggered.
Posted by FMtTXtiger
Member since Oct 2018
3808 posts
Posted on 1/3/23 at 7:32 pm to
Twlo
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 1/3/23 at 7:38 pm to
Short CVNA. Going to 0
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7175 posts
Posted on 1/5/23 at 7:58 am to
HMBL
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