Author Topic: What Are Your Current Top 5 Safe Large Cap Picks As Of Today  (Read 6846 times)

sleepydragon

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Re: What Are Your Current Top 5 Safe Large Cap Picks As Of Today
« Reply #20 on: March 22, 2020, 05:16:03 AM »
My wife says HomeDepot is packed and websites selling seeds crashed due to too many visitors. Everyone is doing yard works


james22

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Re: What Are Your Current Top 5 Safe Large Cap Picks As Of Today
« Reply #21 on: March 22, 2020, 05:20:44 AM »
Though I'd be tempted to just go long a portfolio of things you can get legally addicted to:

MO/PM

You believe the market has priced in the chance coronavirus has hastened the end of these companies? The possibility of being made illegal?

It isn't even illegal to marry a child in this country.  This is a country where masses of school children are riddled with bullets at school but freedom to own guns wins the day.

Is there a constitutional right to tobacco I'm unaware of?
BRK, BAM l SV, EM l Energy l Fannie Mae, Freddie Mac l Stable Value, Cash Value of Pension

cubsfan

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Re: What Are Your Current Top 5 Safe Large Cap Picks As Of Today
« Reply #22 on: March 22, 2020, 05:27:58 AM »
My wife says HomeDepot is packed and websites selling seeds crashed due to too many visitors. Everyone is doing yard works

Yes, noticed this too - Lowe's and home improvement stores were packed yesterday.

rb

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Re: What Are Your Current Top 5 Safe Large Cap Picks As Of Today
« Reply #23 on: March 22, 2020, 06:22:28 AM »
Though I'd be tempted to just go long a portfolio of things you can get legally addicted to:

MO/PM

You believe the market has priced in the chance coronavirus has hastened the end of these companies? The possibility of being made illegal?

It isn't even illegal to marry a child in this country.  This is a country where masses of school children are riddled with bullets at school but freedom to own guns wins the day.

Is there a constitutional right to tobacco I'm unaware of?
In the US the smoking rate is what 25%? Try to take away the drug of choice for 25% of the population and see how that goes for you electorally? Maybe there is some coocoo kamikaze congressman out there that sees this as his wet dream coming to life. But for the rest of them ain't gonna happen.

Spekulatius

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Re: What Are Your Current Top 5 Safe Large Cap Picks As Of Today
« Reply #24 on: March 22, 2020, 06:56:32 AM »
Though I'd be tempted to just go long a portfolio of things you can get legally addicted to:

MO/PM

You believe the market has priced in the chance coronavirus has hastened the end of these companies? The possibility of being made illegal?

It isn't even illegal to marry a child in this country.  This is a country where masses of school children are riddled with bullets at school but freedom to own guns wins the day.

Is there a constitutional right to tobacco I'm unaware of?
In the US the smoking rate is what 25%? Try to take away the drug of choice for 25% of the population and see how that goes for you electorally? Maybe there is some coocoo kamikaze congressman out there that sees this as his wet dream coming to life. But for the rest of them ain't gonna happen.

Maybe the tobacco industry gets on the bailout bill as well?

As far as the Argumentation goes - We had a really profitable business to kill our customers slowly to optimize NPV, now Covid-19 reaped our best customers quickly though no fault of our own! Put a picture of a tobacco farmer on a Deere tractor with Maga hat on the paperwork and off it goes.
Life is too short for cheap beer and wine.

sleepydragon

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Re: What Are Your Current Top 5 Safe Large Cap Picks As Of Today
« Reply #25 on: March 22, 2020, 07:08:46 AM »
Though I'd be tempted to just go long a portfolio of things you can get legally addicted to:

MO/PM

You believe the market has priced in the chance coronavirus has hastened the end of these companies? The possibility of being made illegal?

It isn't even illegal to marry a child in this country.  This is a country where masses of school children are riddled with bullets at school but freedom to own guns wins the day.

Is there a constitutional right to tobacco I'm unaware of?
In the US the smoking rate is what 25%? Try to take away the drug of choice for 25% of the population and see how that goes for you electorally? Maybe there is some coocoo kamikaze congressman out there that sees this as his wet dream coming to life. But for the rest of them ain't gonna happen.

One reason for not owning tobacco stocks is some smokers will die from coronavirus and may decide to quit. This virus is especially bad for smokers

sleepydragon

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Re: What Are Your Current Top 5 Safe Large Cap Picks As Of Today
« Reply #26 on: March 22, 2020, 07:09:19 AM »
Another stock is TJ Max
No position (yet)

rb

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Re: What Are Your Current Top 5 Safe Large Cap Picks As Of Today
« Reply #27 on: March 22, 2020, 07:12:43 AM »
Always loved TJX. Hope it gets cheap enough to buy

james22

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Re: What Are Your Current Top 5 Safe Large Cap Picks As Of Today
« Reply #28 on: March 22, 2020, 07:33:02 AM »
Though I'd be tempted to just go long a portfolio of things you can get legally addicted to:

MO/PM

You believe the market has priced in the chance coronavirus has hastened the end of these companies? The possibility of being made illegal?

It isn't even illegal to marry a child in this country.  This is a country where masses of school children are riddled with bullets at school but freedom to own guns wins the day.

Is there a constitutional right to tobacco I'm unaware of?
In the US the smoking rate is what 25%? Try to take away the drug of choice for 25% of the population and see how that goes for you electorally? Maybe there is some coocoo kamikaze congressman out there that sees this as his wet dream coming to life. But for the rest of them ain't gonna happen.

One reason for not owning tobacco stocks is some smokers will die from coronavirus and may decide to quit. This virus is especially bad for smokers

The argument will be made that smoking is now especially dangerous. Making it not-unlike other illegal drugs.

I don't believe it's likely, I'm just questioning if the possibility is priced in (I'm guessing not).


Interesting:

https://www.politico.com/news/2020/02/15/could-tobacco-cure-coronavirus-115329
BRK, BAM l SV, EM l Energy l Fannie Mae, Freddie Mac l Stable Value, Cash Value of Pension

ERICOPOLY

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Re: What Are Your Current Top 5 Safe Large Cap Picks As Of Today
« Reply #29 on: March 22, 2020, 07:44:59 AM »
Though I'd be tempted to just go long a portfolio of things you can get legally addicted to:

MO/PM

You believe the market has priced in the chance coronavirus has hastened the end of these companies? The possibility of being made illegal?

It isn't even illegal to marry a child in this country.  This is a country where masses of school children are riddled with bullets at school but freedom to own guns wins the day.

Is there a constitutional right to tobacco I'm unaware of?
In the US the smoking rate is what 25%? Try to take away the drug of choice for 25% of the population and see how that goes for you electorally? Maybe there is some coocoo kamikaze congressman out there that sees this as his wet dream coming to life. But for the rest of them ain't gonna happen.

One reason for not owning tobacco stocks is some smokers will die from coronavirus and may decide to quit. This virus is especially bad for smokers

The argument will be made that smoking is now especially dangerous. Making it not-unlike other illegal drugs.

I don't believe it's likely, I'm just questioning if the possibility is priced in (I'm guessing not).


Interesting:

https://www.politico.com/news/2020/02/15/could-tobacco-cure-coronavirus-115329

Smoking is the more likely target, by far, but a junk food tax should also see a tailwind from this too.  Heart disease, diabetes, and high blood pressure have covid-19 mortality rates of 10%-6% according to the Chinese CDC.  The external costs of the western diet are coming home to roost.