John Huber on the Magnificent 7, $COST, $GOOG, China, Small Caps and Small Banks | S07 E20 – The Acquirers Podcast

John Huber on the Magnificent 7, $COST, $GOOG, China, Small Caps and Small Banks | S07 E20 – The Acquirers Podcast

Market views

Bullish

NRP— Natural Resource Partners is seen as an attractive investment due to its strong business model with 90% margins, despite past challenges with leverage.
SMALLBANKS— Small bank stocks are trading at a significant discount to tangible book value, presenting a potential investment opportunity.
BORINGCF— Stocks with underappreciated, durable cash flows that aren't growing rapidly may outperform popular growth stocks like the 'Magnificent Seven'.

Bearish

COST— Costco's high valuation, trading at around 60 times earnings, is seen as potentially unsustainable despite the company's strong business model and competitive moat.
QUALSTK— High-quality stocks trading at high multiples, such as Moody's, Walmart, and Costco, may underperform despite their strong underlying businesses due to their current valuations.

Not investment advice.