In this episode of Bullish or Bearish, Nick breaks down the following stocks. He covers quick takes on Apple (NASDAQ:AAPL), Facebook (NASDAQ:FB), the Indian Stock Market (NYSEARCA:PIN), Seadrill (NYSE:SDRL), and 21st Century (NASDAQ:FOXA).
Bearish on Facebook due to valuation and lack organic growth in developed markets.
Moderately bullish on Apple due to profitability and strong earnings
Bullish on 21st Century Fox due to leading satellite TV market in emerging economies, the recession resistance of the TV/cable industry, and strong financial performance
Bearish on India due to infrastructure issues, regulatory barriers, and slowing growth. The fact is that the recent rally in SENSEX due to election hopes and no substantive economic reform or change in growth prospects.
Bullish on Seadrill due to extreme unjustified pessimism in oil drilling sector, high yield and profitability despite sector slowdown, and a favorable valuation.
Link to Video
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Disclosure: I am long SDRL, FOXA. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: I may go short PIN and FB in the next 72 hours