7/11/24 :: VROCKSTAR :: 
PSMT
Another beat; LT buy <$80
- You like
COST at 50x fwd EPS and low teens (at best) EPS growth?
- In the same vein as my comment on
LULU > $NKE... you own the smaller co that's proven itself/ it's niche and is growing faster at a more attractive valuation (always). usually you pay MORE for this once you reach validation
-PSMT is the costco of central america (+ colombia + some islands). they are growing EPS at mid teens and valuation is in the high teens PE.
- stock has done the exact same donk move the last two BEATS (see green arrows) and proceeded to march higher
- this also follows my strategy of identifying potential smaller caps that will run in the coming weeks/ months/ year ahead which require 1) good balance sheet 2) growing 3) reasonable valuations
- this is not an obvious *pop* play like some of my recent dip buy rec's (
OLPX, 
TXG, 
OLO come to mind)... but something you can DCA into and likely earn a nice 15%+ annualized. it's a compounder esp how they're executing and beating earnings (multiple WILL go up in time).
- my theoretical take profit here is in the low 90s, perhaps i rent some upside selling C's here. maybe i sell the whole thing and like other opportunities. maybe it goes up 5% in the coming days (it was up 7% pre market!) and i decide that's good enough to have rented the stock for some short period of time. i don't beholden myself to anything. water my friends... be like water as mr. bruce lee says.
lmk if u see it differently or agree
V
PSMTAnother beat; LT buy <$80
- You like
COST at 50x fwd EPS and low teens (at best) EPS growth?- In the same vein as my comment on
LULU > $NKE... you own the smaller co that's proven itself/ it's niche and is growing faster at a more attractive valuation (always). usually you pay MORE for this once you reach validation-
PSMT is the costco of central america (+ colombia + some islands). they are growing EPS at mid teens and valuation is in the high teens PE.- stock has done the exact same donk move the last two BEATS (see green arrows) and proceeded to march higher
- this also follows my strategy of identifying potential smaller caps that will run in the coming weeks/ months/ year ahead which require 1) good balance sheet 2) growing 3) reasonable valuations
- this is not an obvious *pop* play like some of my recent dip buy rec's (
OLPX, TXG, OLO come to mind)... but something you can DCA into and likely earn a nice 15%+ annualized. it's a compounder esp how they're executing and beating earnings (multiple WILL go up in time).- my theoretical take profit here is in the low 90s, perhaps i rent some upside selling C's here. maybe i sell the whole thing and like other opportunities. maybe it goes up 5% in the coming days (it was up 7% pre market!) and i decide that's good enough to have rented the stock for some short period of time. i don't beholden myself to anything. water my friends... be like water as mr. bruce lee says.
lmk if u see it differently or agree
V
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.