Stansberry Research

2 months ago | stansberryresearch.com | Whitney Tilson

You've no doubt noticed that the recent headlines in the financial media have been filled with uncertainty... The latest inflation reading was higher than expected, which likely means the Federal Reserve won't be cutting rates anytime soon. Here's the Wall Street Journal with more details: Inflation Heated Up in January, Freezing the Fed.

2 months ago | stansberryresearch.com | Whitney Tilson

In yesterday's e-mail, I looked at the historical financials of ride-hailing service Lyft (LYFT) and concluded that I liked what I saw... As I said, it's a "a capital-light tech business with a strong No. 2 position in the market, and it is growing nicely and generating healthy [free cash flow ("FCF")]." It's also trading at low multiples of revenues (less than 1 times) and annualized FCF (less than 6 times).

2 months ago | stansberryresearch.com | Whitney Tilson

The latest stock to hit my radar screen is another one that gets my value-investing, bargain-hunting heart racing... One of my former students just suggested that I take a look at ride-hailing service Lyft (LYFT). So first, I pulled a five-year performance chart for it and its larger competitor, Uber Technologies (UBER):That's some staggering underperformance. And take a look at Lyft's share price over the past five years:Some investors hate stock charts like Lyft's... but I don't.

2 months ago | stansberryresearch.com | Whitney Tilson

1) Regular readers know that I've long been bullish on Amazon (AMZN)... Along with Meta Platforms (META) and Alphabet (GOOGL) – which I just discussed on Thursday last week and this past Wednesday, respectively – I've consistently liked Amazon's stock ever since I named it as a core holding in my old firm Empire Financial Research's first newsletter on April 17, 2019. Since then, through yesterday's close, it's up 156% versus 110% for the S&P 500 Index.

2 months ago | stansberryresearch.com | Whitney Tilson

Earlier this week, I met up with my friend Sam, who owns seven delis in New York City... In addition to groceries, a big part of his business is takeaway food prepared to order – such as an omelet or bacon, egg, and cheese on an English muffin. When I asked Sam how his business is doing, he said he's being crushed by the soaring price of eggs, which has gone from $34 for a pallet of 25 dozen to $234 – $0.78 per egg! – in the past year.