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Mister mister's avatar

I would say the problem for most of these is either their market is shrinking dramatically (Lulu LVMH diageo) or they have absolutely no moat (PayPal etc)

Dhiren Makhija's avatar

Love the way this is articulated. Your post covers most of the co's that have a strong chance of turning around. What are your thoughts on $SNAP?

Ray Myers's avatar

Snap is terribly mismanaged by Spiegel. I wouldn't touch it while he is still there. It could have become a $500B company with competent management.

Sergey's avatar

Great article. 👍

Global-e looks interesting for me.

Ray Myers's avatar

For me too, might have to write a Deep Dive on them

Rigatoni Capital's avatar

Great list. I would like to own LULU but just can't get myself to do it. I've been adding CMG under $40. A fallen burrito angel.

Ray Myers's avatar

CMG still trades for 35 P/E, with only 3% sales growth in Q2 2025. I think there is more to fall.

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Comment deleted
Sep 29
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Ray Myers's avatar

There is a long-term volume decline, but I think their RTD portfolio will outperform expectations. Jack&Coke is flying off the shelves. I think Captain Morgan Pepsi could do something similar.