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The Important News from the Stock Market Today (09/26/2023)
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$FERG will crush it tomorrow 🚀
FERG puts, PLAY calls Wish me luck
Alexa…play Hood Pope by A$AP FERG
FERG did well. 10% gain at open. Likely growing into their ex-Div later this week. What's the issue?
Im severely disappointed with my FERG calls. Simulated returns is a load of bs
Should I sell my FERG calls at open or hold a bit longer? They expire on 10/19
FERG calls are up anyone holding for ER
I think these next couple weeks decide if I keep doing this or pack it up legitimately lost every dollar last positions are HITI Calls FERG Call and PLAY put
FERG, BLSH, Factset
I bought FERG calls. Source: me, Im an accountant for construction & always handle their invoices
Trying to buy GWW and FERG right now bc of this. Can’t get a fill at the bid Just waiting
Idk man just our supply store (FERG) raised lifts of PVC pipe around $1200-$1600 just this month. That’s just pipe. I’m sure fixtures, etc will follow. But a shitload of companies, including mine are still ordering like crazy. Not sure I see it slowing down with 🥭
Didn’t even know FERG reported earnings today. Up 20%. Holding stocks but didn’t have calls. Fuck.
Who knew that FERG would be a sleeper 10bagger  (Yeah I didn't buy either)
Wtf is FERG why is it the biggest gainer today ?
Those FERG 180 calls paid off big time. Beat estimates by 20% and up over 13% premarket to 204.00 
META CEG SIG DG FERG NVDA CRDO You name it. UNH is ass
Puts on ORCL might pay 🤷♂️ kinda doubt it though. Puts in FERG might pay 🧐
You heard the man buy FERG! All in on FERG!!!
Easy. I'm going to invest 2% of my fiancée and I'm paychecks like I do every Thursday! Here's my weekly purchase: $ACVF - 40% $AGG - 30% $BTC - 15% $NTSE - 5% $FERG - 5% $DJT - 5%
Y’all’s thoughts on FERG? It looks like it’s testing $185. It’s the lowest it’s ever been
Not OP but interested too. •Earnings Tues 9/17: $FERG
GE has been a crazy story. They have been slimming down to focus on their core business and it is working for sure. My sone picked up some of their stock in January and he is up over 70%. Blew my mind I had mostly written GE off after years of stagnation. Completely missed the run up on this one. Like the AMZN a lot! They have been spending inordinate amounts of money on building out delivery infrastructure and warehouses to offer same day delivery, but when that starts to wind down the free cash should sky rocket. Own NVDA for the longest time. They have a stranglehold on the AI market for the foreseeable future with chips and ecosystem (Cuda). VKTX has been a great stock to trade but need to be careful. I think they are in stage 2 trials of their weight loss pill but things can go sideways. I have been buying shares since the teens but still own some puts in the 20's in case things don't go as planned. Not a lot of 8B market cap non profitable biotech companies so don't put more than you are willing to lose into it. I am stoked about the idea of them being acquired. I will say that a weight loss pill vs shot (Ozempic) will be a massive seller if it compares in results and has similar side effects. In the future you might look at adding some financials and some dividend trading stocks. I picked up some of the eternally boring AT&T the other day with a yield of 6% and trading at $17 there should be some decent upside. My recommendation is look for companies you like and avoid the ones you hate. Three of my other favorite stocks are HD, CAT and HD, FERG. All have done extraordinarily well for me over the years. For ETFs, I like RSP (Equal weighted S&P ETF), JEPI (dividends), SMH and MGK. I do prefer to own individual stocks more than ETFs but sometimes it is just easier.
Work in the commercial construction industry, specializing in market analysis and forecasting now, have done a lot of work directly with FERG as a vendor/consultant over the years. They’re also… - Constantly diversifying into adjacent products/services, including appliances, and have vastly expanded private label offerings. All distributors want to do this, but is a *very* delicate dance as it puts them in direct competition with their suppliers and they depend on not upsetting supply chain relationships. They managed to navigate this effectively, and sales of these products offer much higher margins because they’re fully vertical. They’ve launched over a dozen in the past ~6 years. - Capable of servicing nationwide customer contracts through a comprehensive nationwide distribution network. So, larger *companies* who are contracted on larger *projects* benefit from working with companies like FERG vs other (regional/local) supply houses because they can strike pricing agreements and depend on a singular source - regardless of the size/location of the project. These companies and the size of projects they work on represent huge volumes. - They have very deep, *very* long-standing relationships with manufacturer suppliers. This tenure combined with their high volume of product movement put them in pole position vs other suppliers when it comes to pricing, inventory, and shorter product lead times (aka FERG wins the tie breaker vs other suppliers as first ship-to, or when supply is lower than demand) - Inventory and product delivery lead times. They FOCUS on having a deep, comprehensive, and wide selection of on-hand products. What they don’t have in-stock, they are very quick from special order to delivery. This seems like the least important of the reasons - but in this space, being a contractors first choice as “least painful to do business with” makes or breaks a company. They are known in the industry for having it now or getting it quickly - and have an in-house easily accessible credit line to boot. - Offer a scheduled, job-lot-container delivery service for multi-family-residential turns/renos. I’ll spare you the logistics but this is a *very* desirable service on these larger scale projects. You’re onto something here - commercial-to-residential (and even retail/office) renovations are a fast-growing segment in the construction industry, and won’t slow up until the commercial market finishes right-sizing supply to match a much smaller demand after the explosion of remote employment. Would be interesting to look into other leading suppliers/manufacturers/GCs who serve to benefit and/or are focused on commercial-to-residential (or retail, or hospitality) conversion work.
Appreciate it bro. Thinking of just catching the any dips down to support on NVDA (profit taking again at 975 or right before 1k so those arent ITM?), TM, FERG, TNA with 10 shares if and when drops come... riding them back up for a couple hundred each time.
I feel like FERG will beat. Jobsites been so busy lately, ordering hasn’t stopped, but prices are up. Like an extra 2k almost just for a lift of pipe. A lot. But not sure it’s a move good enough for WSB regards probably just shares.
FERG has seen solid returns if we’re counting UK as Europe. I had sold a while ago after making 10%ish but then got spooked because I really don’t know much about the UK economy or plumbing infrastructure. I initially found it in a Barron’s article where they were saying it might join the S&P.
Am STOOPID plumber here. Nope, it is more busy now than ever. Material costs have gone up, but so has contracts cost so we are still in the clear for our company. All trades are hauling ass, & jobs keep coming. I am noticing that construction companies are stealing/buying out the sub-contractors right from underneath the company they are working for. Construction companies pay for material & pay the sub, cutting out the middle man. Probably good for companies like FERG that deal with supplies regardless. Sorry if all of this is regarded I am in fact, regarded
I think I’m in love you. Long calls on FERG after December it is
$FERG seems to be an adjacent name in the plumbing space
“I gotta close the windows before I record because New York don’t know how to be quiet. FERG”
Ahh, this question lies near the intersection of things I know about. First, you want to ask yourself whether you want to invest in a manufacturer, distributor, or someone who does both. My pick of manufacturer is REZI (I like their 5 year plan, but anticipate lower share prices in 6 months). They inherited all of Honeywell's residential HVAC and security when they were spun off in 2018. They recently bought First Alert. Nobody knows who they are (as evidenced by me coming to a 22 hour old thread and not seeing them here yet). Of distributors, I like FERG. They have their hands in HVAC to plumbing from residential scale to big boy industrial and waterworks scale.
Any thoughts on FERG? I’m just getting ramped up on HVAC stocks
Anybody have opinions on $FERG?