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Dathan Pyle
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At FDR Investment Group, Dathan and his partners have developed an investment strategy that blends fundamental research with a unique technical trade execution plan. This blended approach allows the ability to invest in strong companies at precise moments to achieve the maximum amount of profit... More
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  • A Googler's Take On Apple Stock

    First and foremost, let me go ahead and get it out that I am not a big fan of Apple. I believe that their products are overpriced and to be completely honest I don't understand why anyone would be willing to pay such a high price for the outdated technology that Apple calls innovation. I didn't see a single thing announced in their event that I would consider to be ground breaking.

    In fact, one of the biggest take aways from the event (besides the awesome scarf guy) was Apple Pay. This is a chip that is inside the device that will allow users the ability to pay for purchases by hovering their phone over a terminal. At first, my thought was to use this as an opportunity to bash Apple for using another product that has already been done by Google. NFC chip's have been in Samsung devices for over a year now.

    This is where I backed up for a second and repeated to myself... "It's been in Samsung devices for over a year now and nobody even knows about it". Apple comes in and announces the same exact thing and every store in the world is ready to convert to Apple Pay. As much as I'd hate to say it, this shows how much power Apple truly has over everyone else.

    The fact of the matter is that Apple has a following like no other and regardless of how unimpressed I am, the iPhone 6 is going to be huge. This year, the addition of a larger model (iPhone 6+) and the Apple Watch is bringing more momentum to Apple than any other product since the death of Steve Jobs. From an investment perspective this is a buy trigger.

    Although I will never in a million years be buying an iPhone, I will be buying any weakness in AAPL stock and adding on the dips.

    Disclosure: The author is long GOOGL, AAPL.

    Tags: GOOGL, GOOG, AAPL
    Sep 27 12:15 PM | Link | Comment!
  • Teardown Reveals IPhone 6 Supplier List

    A tech teardown is the easiest way to find and invest in companies associated with popular new products. Looking back, a teardown last year revealed that Micron Technologies was a supplier for Google's Chromecast. Micron (NASDAQ:MU) at the time was trading under $13 a share and have since surged 130% to a 52 week high of $34.

    With lines pouring into the streets for the highly anticipated iPhone 6 and 6 Plus, it's safe to assume that the companies inside the device should benefit as well. We've compiled a list of suppliers for the iPhone 6 and iPhone 6 Plus as a result of a teardown conducted by iFixit.com.

    iPhone 6

    Qualcomm (QCOM) MDM9625M LTE Modem
    Skyworks (SWKS) Low Band LTE PAD
    Avago (AVGO) A8020 High Band PAD

    Avago (AVGO) A8010 Ultra High Band PA+FBARs

    SkyWorks (SWKS) Mid Band LTE PAD
    InvenSense (INVN) 6-axis Gyroscope and Accelorometer Combo

    iPhone 6 Plus

    Qualcomm (QCOM) LTE Modem
    Skyworks (SWKS) Low Band LTE PAD
    Avago (AVGO) High Band PAD
    Avago (AVGO) Ultra High Band PA + FBARs
    TriQuint (TQNT) EDGE Power Amplifier Module
    InvenSense (INVN) 6-Axis Gyroscope and Accelorometer Combo
    Qualcomm (QCOM) Envelope Tracking IC
    RF Micro Devices (RFMD) Antenna Switch Module
    SkyWorks (SWKS) Mid Band PAD

    Disclosure: The author is long AAPL.

    Tags: AAPL, SWKS, QCOM, INVN, AVGO, TQNT, RFMD
    Sep 27 12:12 PM | Link | Comment!
  • Forget Pollo Loco.. This Company Is Primed For Massive Growth

    (click to enlarge)
    Years ago, Jim Cramer walked into a Bob Evans restaurant and liked his meal so much that he purchased shares of their stock (NASDAQ:BOBE). This turned out to be a very successful investment. I felt an eerily similar feeling when I sat down at Pollo Tropical recently.

    In the past year I've seen Pollo Tropical pop up in several different locations here in Southwest Florida. I've driven by them many times and although their drive-thru was always packed I never actually considered trying them out. It wasn't until I started hearing great reviews from friends on Facebook before I finally decided to see for myself if they actually lived up to the hype. When I walked in I noticed that although they looked like a fast food restaurant on the outside, the similarities ended there. It is a fast-casual restaurant that offers a range of authentic Tropical and Caribbean inspired food. Most of the items on their menu are healthy alternatives to others in the fast food industry. Unlike their competitors, the chicken wasn't processed and was grilled fresh to order. I'm going to spare the details about my entire dining experience and just leave a link to their menu and say that I was impressed enough to swing by their drive-thru the next few days afterwards. This is where the wheels started churning from a "Jim Cramer" perspective.


    Pollo Tropical is one of two restaurant chains owned, operated, and franchised by Fiesta Restaurant Group, Inc. (NASDAQ:FRGI). The other restaurant of the duo is Taco Cabana, which offers a range of fresh and authentic Mexican food. Combined, Fiesta Restaurant Group has a total of 280 restaurants in the southern United States and 35 additional restaurants in the Caribbean, Central America, South America and North India. This leaves plenty of room for growth by Fiesta Restaurant Group within the United States.

    From an investment perspective, I am definitely intrigued by the speed in which Pollo Tropical is growing in the Southeast and momentum is in their favor to bring them into the rest of the United States. Their revenue continues to grow with each quarter and in the second quarter of this year alone they saw an increase of 9.4%.

    At this point I am convinced that they are worth investing in long term. However, it is worth noting that they are currently trading over 30 times their earnings. This may leave them trading flat or possibly lower short term.

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: FRGI
    Sep 27 12:08 PM | Link | Comment!
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