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What other tech stock to consider?

Discussion in 'TSLA Investor Discussions' started by Sanny, Jul 10, 2013.

  1. EVNow

    EVNow Active Member

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    #1741 EVNow, Nov 16, 2018
    Last edited: Nov 16, 2018
    I wonder if because of the backlash against tax sops given to HQ2 - the tax breaks will be not be offered. Nothing should materially change - but would be some negative news.
     
  2. Kuhz

    Kuhz Member

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    Backlash is inevitable and happens everytime with large company investments or moves. I remember when Boeing HQ moved to Chicago. Left many people angry on both sides.
     
  3. EVNow

    EVNow Active Member

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    Yes - but this time there is a big Target on Bezos - as in "why are we subsidizing Bezos Helipad while at the same time increasing subway ticket prices" ?

    This time, its different. I don't remember IL senators criticizing the Boeing move. When you have a neo-liberal like Gillibrand joining AOC, you know the trouble is in the air.

    HQ2.PNG
     
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  4. Kuhz

    Kuhz Member

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    You definitely have a point.
     
  5. bxr140

    bxr140 Active Member

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    #1745 bxr140, Nov 17, 2018
    Last edited: Nov 17, 2018
    I think any sensible financial enthusiast would agree that there are plenty of ways to skin the cat; the only real constant in the right vs wrong columns of general financial advice is that opportunity and risk be well researched before taking a position.

    To wit, ‘buy and hold’ is terrible advice to a novice who doesn’t understand the context.
     
  6. nman12

    nman12 New Member

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    Beyond meat has filed for an IPO

    Bloomberg - Are you a robot?

    What do you guys think of it as a sustainibility play beside Tesla? Been hearing a lot of people becoming vegetarians around me lately.
     
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  7. heltok

    heltok Member

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    n=1, I liked their patties. It seemed my vegan friends enjoyed it also when I cooked it.

    We will see how plant based vs lab grown develops. Might invest a little into them as it is a fun stock to monitor.
     
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  8. pz1975

    pz1975 Member

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    In Canada, A&W restaurants (fast food for those of you not in North America) sells its burgers and my family and I go there for them every 1-2 weeks as a treaat for the kids. They are very tasty - just as good as meat burgers. They are very popular and ran out of product (demand was way higher than expected) and were out of stock for a few weeks until they could get more from the company.

    I think this is the future of meat products personally. Eventually this “vegan meat” will be cheaper than real meat and if it tastes just as good and is better for the environment and your health, I see a transition to it like electric cars from ICE.

    There are other companies of course in this field like Impossible Burger but Beyond Meat as far as I know would be the first to IPO.
     
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  9. dmvevguy

    dmvevguy Member

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    Wow, AMZN is taking big hits. Bad PR for NY HQ2 move etc. Damnit...
     
  10. jeewee3000

    jeewee3000 Member

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    All of tech is taking big hits, besides TSLA.

    Thought I'd be smart and got in NVDA at $167 after 19% drop, but sold today at $154 'cause it didn't hold $160 support. For all we know it can go back to $130-$120.

    Best to stay out of FAANG if you're not in yet until the storm has passed.
     
  11. Lloyd

    Lloyd Well-Known Member

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    Calculations from the NY budget office expects to receive $9 for every $1 in tax breaks given to Amazon. If they did not give them the benefit, someone else would, and those jobs would be lost for that state.
     
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  12. AudubonB

    AudubonB Mild-mannered Moderator Lord Vetinari*

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    Regarding AMZN:
    I closely followed the structure of the incentives that Nevada provided to Tesla when negotiating for obtaining the Gigafactory location. As someone who for over thirty years has been unrelentingly critical of tax incentives for corporate re-locations, I was refreshingly pleased at the responsible ways in which the state ensured its carrots were matched step by step with sticks, and that Tesla did have to meet goal after goal in order to obtain the subsequent plum.

    I have not looked at any of the details of the NY-AMZN or VA-AMZN deals. Has anyone good information on these, or seen a sobsersided analysis of same that I could investigate? Lloyd's mention of the 9:1 ratio is a start, but only just a tiny step and in itself not more than a "trust me, this is good for us" statement.
     
  13. EVNow

    EVNow Active Member

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    #1753 EVNow, Nov 19, 2018
    Last edited: Nov 19, 2018
    Receive what ? Tax dollars from new wages ?

    NY should start a new trust that will receive all this extra $9 - with a clearly spelt out way of spending/investing this money on local (current) residents. Otherwise its all just fluff with unknown beneficiaries.

    update : Remember "economic benefit" is nebulous. Infact, it can be downright bad - if one of the "benefits" is the rent raises on everyone.
     
  14. jbih

    jbih Member

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    I kind of like the idea of Beyond Meat and investigated a bit today, and I'll certainly have a close look at the IPO. I'll be optimistic and say they have the potential for a market cap of beyond $2 billion.

    FORM S-1 REGISTRATION STATEMENT: Document
    Video by HyperChange on Beyond Meat:

    You should probably only invest in a stock where you love the products. Objections:
    • I like meat
    • More importantly, I like milk and butter. I think drinking milk and not eating meat is being inconsistent.
    • I don't like industrialized food.
    • I'm wary of missing nutrients in a purely plant based diet. It's doable, but much harder.
    From an environmental perspective, my personal path would be to simply eat 2/3 less meat instead of becoming vegan, and be very selective where the meat is grown. I currently eat 95% or more organic food.
     
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  15. aubreymcfato

    aubreymcfato Member

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    In this case, I think consistency is very hard and probably counter-productive. It's 5 years I'm not a pure "omnivore", I do eat fish from time to time, and occasionally I taste some meat dish, but 90% of my diet is plant based, the rest is diary. I'm here for the long-term, so occasional cheating is (in my view) permitted if it makes my life much more bearable (if you truly miss some meaty comfort food, eat it sometimes, then go back).

    I love that Beyond Meat and others are going in the direction of replacing juicy, tasty hamburgers with juicy, tasty plant-based ones. This is good on many levels: ethical, environmental, and health. I think this kind of market will grow more and more, meat (or similar) without slaughter will be a no-brainer in the future.
     
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  16. Buckminster

    Buckminster Member

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    More from Gali:

    By comparison Biotech seems much more risky / difficult to predict than Tesla. Even though the market doesn't understand that Tesla will be building millions of cars with designs that haven't yet been released, it is a very simple and predictable model.
     
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  17. abasile

    abasile Conscientious investor

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    Beyond Meat is interesting and I think it takes us in the right direction, but I'm concerned that its high product prices may constrain it to remain a niche product. In the US, the Beyond Burger sells for $5.99 for 8 ounces (227 grams), far more than the chicken and turkey we normally buy.

    I also have concerns about the burgers themselves. It doesn't appear that people actually think they taste better than meat burgers (admittedly, I haven't yet tried them myself). I'm concerned that, with all of the processing that's required to produce these burgers, they may not be as nutritious as lean meat burgers.

    For me to buy their stock at/after the IPO, I'd like either (1) or (2), below, to be true:

    1. The "average" consumer agrees that Beyond Meat products are more desirable than meat products. In this case, there should be a very large addressable market even if the product is somewhat expensive.

    2. The "average" consumer finds Beyond Meat to be comparable to meat in terms of desirability. In this case, Beyond Meat could still win if they can sell their products at very competitive prices.

    So, I think I'll pass, and hope for continued innovation before investing our own funds.
     
  18. ggies07

    ggies07 Supporting Member

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    We get the patties from Target when we want burgers at home now. The taste is slightly different than a meat patty, but not in a bad way and I actually like it. So it's a check mark for your 1 and 2 and I would definitely like to invest in the company.......we got to have someone making products like these so that when one day the Earth is so warm they have to cut back on the meat industry, we can still enjoy a comparable tasty burger. :)
     
  19. pz1975

    pz1975 Member

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    To me the Beyond Meat burger patty tastes like a Burger King Whopper patty.
     
  20. EVNow

    EVNow Active Member

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    How big is the vegan market ?

    I think a comparable company is Quest. They started with low carb protein bars - and now make all kinds of things. For eg. they recently started making pizzas sold only through Target - and you can hardly ever find them in stock there. Whenever I find them in stock, I just buy the whole bunch. Pizzas are more expensive than normal, taste kind of okay - but are low carb like no other available product. Quest even thinks of themselves as a tech company rather than a packaged food company.
     
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