Daily Alpha · Reddit
· Premarket Alpha · by Buzzberg Research
Reddit posts argued TSMC trades below JNJ, ISRG and GE Aerospace on P/E, flagged widening Nvidia CDS spreads, and defended short SpaceX covered calls.
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by score · day changeAn r/ValueInvesting post argues TSMC trades at a lower P/E than JNJ, ISRG and GE Aerospace
The author puts TSMC's trailing P/E at 27.4x, below its two-year median, despite a near-monopoly in leading-edge chip manufacturing and exposure to AI demand.
TSMC: The Value Stock Hiding in the AI Hype - Trading at a Lower P/E Than JNJ, ISRG and GE
The author argues TSMC is undervalued on that comparison.
Watch TSMC's trailing P/E against its two-year median.
Source →An r/smallstreetbets post flags Nvidia CDS spreads widening alongside other AI companies
The author frames the widening as a concerning signal rather than a clear trade.
Not exactly the breakout you want to see for Nvidia lol. That's some break out on the Nvidia CDS.
The post treats Nvidia's credit spreads as a warning sign for AI companies.
Watch Nvidia CDS spreads.
Source →An r/ausstocks post argues TPG Telecom's remaining business is lower-margin after the Vocus sale
The author argues the business left after the Vocus fibre sale is not clearly earning its cost of capital, leaving the dividend and any rerating dependent on consumer margin improvement.
TPG sold its 48% margin business to Vocus. The board's own numbers show what was left behind.
The post title says TPG sold its 48% margin business to Vocus.
Watch TPG Telecom's consumer margins.
Source →An r/ValueInvesting post compares Nu at 5.3x book with SoFi at 1.7x
The author compares SoFi and Nu on ROE and book multiples, is bullish on both, and discloses owning SoFi but not Nu.
$SOFI vs $NU: why Nu gets 5.3x book and SoFi gets 1.7x (valuation-only) Scope note first.
The comparison ties the valuation gap to the two lenders' ROE.
Watch SoFi's ROE.
Source →An r/wallstreetbets user expects a near-term META dip on capex and unproven Muse monetization
The author then plans to buy in-the-money May calls for a Q4 holiday-driven rally.
Final comments and plans for META I would like to start off by saying that meta is going nowhere.
The plan bets that a dip on capex and Muse concerns reverses into the holiday quarter.
Watch META's capex and Muse monetization.
Source →Most argued
by comments per upvoteAn r/thetagang user is still holding short covered calls on SpaceX opened four months ago
The author argues SpaceX's large size creates price inertia pinning it in a 130-170 range, and that the obvious bubble consensus trade does not pay.
This aged well... SPCX covered calls from 4 months ago https://old.reddit.com/r/thetagang/comments/1ucvbiv/position_opened_in_spcx/ I am still short covered calls.
The position bets against a breakout from that range.
Watch Whether SpaceX breaks out of the 130-170 range.
Source →An r/smallstreetbets post is bullish on FatPipe and asks whether it is an undervalued small cap
The author cites strong revenue growth, high gross margins and an upcoming earnings catalyst, while acknowledging customer concentration and negative operating cash flow.
Undervalued Small Cap??? **TL;DR:** Stonk might go up (or it might go down).
Customer concentration and negative operating cash flow are among the risks the author names.
Watch FatPipe's upcoming earnings.
Source →An r/ASX_Bets post flags Actinogen Medical's mid-November XanaMIA Alzheimer's trial as a binary catalyst
The author notes the stock near $0.048 and asks for views on the risk/reward, upside and downside.
ASX: ACW (Actinogen Medical) - November catalyst. What’s the market missing?
The trial is a binary catalyst for the stock, per the post.
Watch The mid-November XanaMIA Alzheimer's trial result.
Source →