Three Stock Lunch: Alphabet, Disney and Salesforce

All right, time now for today’s 3 stock launch. We asked our trader to give us three names to buy or steer clear of. And here with the trades is Quintetro, founder and president of Jewel Financial. Up first Quint is Alphabet, up nearly 500% in the past ten years. This is one you have on your buy list. Tell us why. Yeah, thanks for having me, Tyler. It’s great to be back. So the long-awaited pullback might be upon us finally, right. And there’s a lot of stocks out there I think people need to be putting on their list. Google should be at the top. This is a stock that is trading 20 times forward. Those earnings are set to grow at 15%, so it’s not a cheap stock. However, we don’t think the AI story is truly baked in here and the news that Apple set to possibly bring Gemini onto the iPhone is huge and it also alleviates the concern regarding the search function within iPhone in our opinion. Technically speaking however, the stock is breaking out to all time highs catching up with some of those other magnificent 7 and Blue sky territory from here. Teflon balance sheet, almost no debt, $52 billion in cash. So this pullback that we’re seeing in the market in this stock, this is a buy in our opinion. OK Next up, Disney. This stock is up nearly 30% this year after bottoming out at 60% off its all time high last year. So Quint, you say this one you also like and would buy why hike and Tessa. Yeah, Disney’s our turn around play despite the the run up off the lows, it’s still got a long long way to go towards highs. But this is a a value play trading 20 times forward and this year those earnings are set to grow 25%. They’ve got 7 billion in cash a a a decent balance sheet. You know about .4. I think debt to equity. We like the investment in Epic Games and Fortnite. We like that play. We also think the parks, the rebound in the parks have staying power and the win here, the proxy win recently against the activist pelts that in our opinion shows a lot of focus on the on the side of the board and shareholders. And we think that they’ve really righted the ship. This is a, this is a name we we like Great American company. Getting a pullback here in this in this recent tape is another buy in our in in our wheelhouse. All right let’s move on to Salesforce which you say stay away from stock on the decline. Today, after reports the company is in talks to acquire Informatica, this one is in the sell column. Why now, Tyler, I’m going to say I’ve been notoriously wrong on Salesforce. So you know, this is a tough one because I continue to say it’s a sell and the stock continues to go higher. But I’ve just not been a fan here. I mean this stock is trading 20 times forward, earning 25 times forward earnings. Those earnings are set to grow at 19% this year and declined to 14% next year’s. A rich stock, I’ve still been a little stung since the Slack acquisition a couple of years years ago. The the real rich premium they they paid for this and so the Informatica acquisition, it just doesn’t excite me. I think the acquisition strategy on the part of the company I think is yet to be determined if that’s going to be successful here or not. So it’s had a huge run off the lows and if you’ve been in this name, I would take this opportunity. Despite today’s weakness, I would still be a seller of this name.