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This is my detailed due diligence on $PWWBF stock that I have my personal PT of 20$
Detailed due diligence on $PWWBF $PBX Powerband solutions. PT $20. 2000% move in future. If you liked my DD on $TRCH which was posted at 1.4$, you will love this ;)
The Moose is going to get loose - Long $MUSA for $1m
Powerband Solutions is a true disrupter in the auto leasing, purchase, and trade in world. And all in one ecosystem that has incredible partners, including an MOU with the world's largest insurer that wants to start selling insurance on their platforming Q2.
Mentions
MUSA also has a good deal on production due to their connection with refiners, iirc. Possibly something from their Murphy Oil days....I forget the specifics of the deal, but I made good money on them in 2022/23. They're one of the few chains that makes money on gas and uses the stores as low margin loss leaders. They benefit a lot with high crack spreads.
If you really believe it's gonna get worse, the 2 stocks you should look at are $CASY and $MUSA. These 2 gas station chains benefit from the gasoline & diesel crack spreads b/c they are free to buy gasoline & diesel from anyone that offers the lowest price that day/week. These 2 aren't affiliated w/ 1 particular big oil/ gasoline refiner like nearly every other truck stop or convenience store chain. I still think you should just BTD in $VT and $VXUS and chill thou. March 2026 didn't end the way you predicted. And even if it does get worse, eventually all the world CB's will just turn on their money printers on to go Brrrrrrrrrrrrr and cash is the last place you wanna have a large position in.
Is anyone getting in - or got in on MUSA?
I don’t know of any slang more hilarious than lot lizard. Tldr; calls on CASY and MUSA
I'm up on WEAT MUSA SFM all agriculture or oil stocks.
What’s $MUSA going to do that it didn’t last year. -10.9%
Bingo. China already realizes this, which is why Cambricon/Alibaba/Huawei are focusing on the TPU route. NVDA and the US are making a face-saving panic deal before China successfully transitions away from the CUDA ecosystem to CANN/MUSA/NeuWare.
Thoughts on moving some HWKN over to USLM? Or MUSA? It’s just that HWKN valuation seems stretched vs the other two sell offs. But god do I like HWKN.
Solid so far. HWKN, NBIS, ABL, and MUSA all having nice days.
MUSA has a beautiful parabolic chart with performance that beats most tech. They operate gas stations and buy back lots of stock.
Bought some OSCR this morning at $16. Will add more if it gets back to $14. This one really reminds me of KNSL, but in health insurance. The CEO is formerly from Aetna and it's backed by one of the Kushner family, so pretty good pedigree. They did their own full stack software build and have a huge operational efficiency advantage over legacy players. Nice to see a bounce on MUSA. Their last quarter was bad, but management did a master class in analysis on the conference call. They broke down negative factors they anticipated (leap year cost them 1 day of comps) and things they didn't foresee that happened. MUSA also issued an operational update last night for the current quarter, which seems to have helped. Also, unlike many convenience stores, MUSA actually makes money on their gas sales. As a result, they are impacted by gasoline crack spreads, which have been horrible. That looks to be turning around. In some ways, I look at MUSA as a backdoor play on oil prices. Added a little more a week or two ago, might add a bit more if this shows signs of bottoming.
I get a thrill anytime IR answers me. Still own MUSA, the first company to ever respond to a question.
MUSA has smoked MSFT on a 5 year timeframe. Ditto KNSL. Don't even get me started on LNG.
Added some MUSA. It had a terrible quarter, but management did a great job of breaking out why, and exactly what happened. Masterclass of long-term focus.
No they don’t, you’re thinking of the knockoff products, everything from their website is MUSA
i was really guessing. there must be some MUSA things in volume.
MUSA without incorporating any foreign bits and pieces? I guess some fresh food items. A lot of Etsy maybe. This is our world and has been global for a while. They are rewriting realty and telling you not to believe your eyes.
r/buyCanadian has 350k users. i have not found a buy American or MUSA with more then 35k. im starting to think americans like cheap chinese products more then paying for american labours
americans are you all buying more MUSA or just going without?
Nature was just starting to heal, too. I got 5.56 for 38cpr, after tax and shipping like a month ago. I think MUSA had some at like 33c, 35cpr delivered.
Dan Ives is wrong on NVDA. China will find alternatives. They already have CUDA alternative MUSA.
I mean I'm just watching everyone invest in US and lose all their money whether in forex or buying stocks that will go down in value due to recession in the future. China is making CUDA alternatives (they already have one called MUSA).
MELI, VRTX, IDR, MUSA all green.
Propose the following two portfolios: Portfolio 1 (mega tech) NVDA MSFT GOOG AAPL AMZN Portfolio 2 (share cannibals): AZO MUSA HCA AMP BKNG Buying one or the other today and not doing anything for 5 years....bets on which group outperforms?
This assumes demand is constant Recession -> reduced housing demand as people downsize/opt to rent instead of buy [We are currently completing way more multifamily/rental units than we were at any point in the 2000s](https://fred.stlouisfed.org/series/COMPU5MUSA)
If you are into Convenience stores, my search shows some right away, CASY and MUSA
MUSA bought a lot of their own shares, I have a position because these corporate tax breaks will go into buy backs.
No prob. Trash (RSG/WM/WCN) is another recession resistant (you're going to lose but probably lose less than a lot of stuff) sector. Everyone needs to have their trash picked up, but if you have a bad recession and commercial properties are empty/closing/etc that's less trash pickup, or if you have a 2020 and so much is closed. C-stores do okay in recessions; if you look at CASY that lost in 2008 but not that badly. Couche Tard in Canada is a quality, well-run company down a lot lately (although if you buy the US symbol that ends with an F - and F means foreign ordinary - you have to be careful as some brokers charge a lot to trade foreign ords.) MUSA wasn't public in 2008 but did okay (at least compared to a lot of other things) in 2020. Maybe DG/DLTR finally bounce back if there was a recession. ABT would be another example of quality medical co that has done very well in recessions (although is up a fair amount lately.)
Not invested in them, but been following for a minute. Someone called this company here like a few years ago when it was like 50 bucks. Revenue growth has kind of followed permits and building. Like if you look the units under contruction: [https://fred.stlouisfed.org/series/UNDCON5MUSA](https://fred.stlouisfed.org/series/UNDCON5MUSA) Their revenue growth tends to follow that trend line: [https://quickfs.net/company/BLDR:US](https://quickfs.net/company/BLDR:US) I don't think they are a bad company, but I just feel like the last summer was like the peak for home builders, but all will depend on rates on how long people continue to feel locked into their mortgage.
MUSA is so boring I often forget I own it and that's it's up a ton. You never hear about it, it just chugs higher and continues to shrink their share count. Oh yeah, it's beaten 5/7 of the magnificent 7 over the last 5 years.
Casey's General Stores just hit a new ATH. It's not just Wal-Mart and Costco eating up the rest of brink & mortar retail. It's these convenience store such as $CASY and $MUSA whose stocks have both increased b/w 3-4x since 2019.
Depends WHEN you buy. Stock market looks pretty rich to me right now, I would mostly wait until mid-May. If you spend only 5-8k on individual stocks instead of an ETF you should be okay, mix energy, industrial, consumer, finance, resources and tech. Look at lesser known stocks like PH, MUSA or MKL which have solid fundamentals and track record, or stick with better known ones like V or JPM, all safe.
Most charts do unless it's MUSA or something.
i assume you find older picks like MUSA, COKE, CLH, HWKN, KNSL, HPS-A too expensive
The Mexico expansion is done through Grupo Axo. ULTA lowered their guidance for this year because of the expansion and that it will be finished by the end of the year. Axo will run the ULTA stores in Mexiko. Very little is known about the deal and who benefits how, but it sounds like a franchise deal to me. ULTA recently partnered up with DoorDash. That's because some products might only be in stock in a specific store. You can't buy products in their shop if they don't have stock in their shipping / warehouse facility. The biggest risk factors are competition, missing moat and missing growth. Sephora is just starting to open US stores and they're often reachable within 5 minutes of the next ULTA store. Amazon could also crush them if they wanted to. ULTA is almost finished with their US expansion. The best scenario I see is either they become really successful in Mexico and can keep the growth story going or they become a cannibal stock like MUSA.
These are all long term holdings, no meme stocks. I'm old. AVGO- Up 3,788% NVDA- Up 2,395% QQQ- Up 1,207% AAPL- Up 1,083% META- Up 1,076% AMAT- Up 1,277% MSFT- Up 908% AMZN- Up 859% V- Up 694% MUSA- Up 681%
Agree with creemeeseason on MUSA (or, similar C-store alternative - Couche Tard in Canada - ANCTF), but be careful as some brokerages charge absurd fees for foreign ordinary share purchases - symbol ends in f) You have a market that is at all time highs, while a number of consumer names have been obliterated - FIVE, LULU, ULTA.
Everyone has to follow their own preferences whether it’s fundamentals, technicals, or a blend. I’m just looking for large cap companies in a long term up trend with healthy fundamentals. It’s that simple. Other commenters suggested TSCO and MUSA. Both of those show the kind of long term technicals I’m looking for.
I own a company Murphy USA (MUSA). They operate a chain of gas station convenience stores. The stock has been a beast. They're investing in upgrading some stores to offer more fast service food. There's a few other convenience chains too, CASY being one that jumps to mind. Convenience stores are actually surprisingly good businesses and have a fair amount of tailwinds right now.
I find the way buybacks get announced by big tech a little like a hype machine. Apple's buyback is about 4% of their current market cap. Google's is about 3%. And I'm not knocking that. However, it's presented as apple makes record for largest ever buy back, $110 billion! Just the big numbers thrown around for the mega cap names can be overwhelming unless put in context of their market cap. On an unrelated note, happy to see UFPT close at a record high. Absolutely loving this earnings bounce. I really thought MUSA would sell off hard today after they missed big on EPS estimates, but apparently the market just gave a small haircut.
MUSA earnings: Net income was $66.0 million, or $3.12 per diluted share, in Q1 2024 compared to net income of $106.3 million, or $4.80 per diluted share, in Q1 2023. Total fuel contribution for Q1 2024 was 24.8 cpg, compared to 28.9 cpg in Q1 2023. Total retail gallons increased 1.0% in Q1 2024 compared to Q1 2023, while volumes on a same store sales ("SSS") basis declined 0.9% in Q1 2024 compared to Q1 2023. Merchandise contribution dollars for Q1 2024 increased 2.4% to $191.6 million on average unit margins of 19.2%, compared to Q1 2023 contribution dollars of $187.1 million on unit margins of 19.4%. During Q1 2024, the Company repurchased approximately 216.0 thousand common shares for $86.9 million at an average price of $402.14 per share. The Company paid a quarterly cash dividend of $0.42 per share, or $1.68 per share on an annualized basis, on March 7, 2024, a 2.4% increase from December of 2023, for a total cash payment of $8.8 million.
Please keep in mind, I think many of my holdings are overvalued right now, so please don't copy them.... UFPT- they make medical device packaging among other things. HWKN- water treatment chemical business. HCC- metallurgic coal company. JOE- land developer in Florida HMDPF- maker of electric transformers. If you get into mid caps EXP- cement company. KNSL- insurance company MEDP- contract medical testing. MUSA- owner of convenience stores. TOITF- constellation software's European spinoff. I love small companies. They get overlooked and perform great niches.
Nice pick-up! I remember looking at it at $50 and just not being sure....sadly. However, I totally agree. I have a few names that are heavy into buybacks and I'm actually happy when the price goes down (or up) because I know I'm winning either way. EXP, MPC and MUSA are like that. Honestly, BLDR still doesn't look that expensive either. I haven't looked at it in awhile because it ran so much, but 15x earnings..... pretty cheap honestly.
I've been saying in here for years there are other really great investments than the magnificent 7, and in many cases, better. Even things like MPC, (the gas refinery company) has put up 225% plus dividends over the last 5 years. MUSA is up 413%. Little MEDP is up 618%. There's so many amazing companies out there.
I remember you pitching SMCI. Yeah, I feel like to get attention you sort of need to drill home tickers over and over until people are familiar with them. Like how AMR actually got a few followers after AP# posted about them daily. I'm finally getting a few other Hawkins owners here. I fully realize most people will buy a small fraction of stocks they ever hear about. It does make me a little sad though when people assume the Mag 7 have been the best performers because they are talked about a lot and they're well known. However, there's tons of names that have done better than at least 5 of the 7. DECK, MEDP, MUSA...like all these companies that have been multibagger stocks and people just shrug them off.
I'd been reading on CWCO at one point. I put it in the I don't know pile. Promising, but just never clicked for me. It's funny, even CLMB is trading at 26x trailing earnings. It's not bad for their projected growth, but not super cheap. Growth has definitely gotten expensive. I'm finding cheaper stocks by really looking at cash flows and buybacks. Companies that can buy back 5% of shares outstanding each year for a long period, combined with 5% growth, can really tear it up. Something like AMP or MUSA just torch the market, and trade really cheap. In fact, they only do well of they stay cheap.
Thanks! Yes, I think people here tend to read about the companies they know and ignore what they don't. As a result you get very little readership if you post something unknown. Then you get the shock. Really, MUSA has outperformed AAPL and GOOG over the last 5 years. It's not even close. And MUSA hasn't had tons of multiple expansion. Everyone just assumes that the Mag 7 are actually the best performers out there, so why bother. Anyway, I might start writing more again. I've been working on a HWKN update I might put up. A lot of my posts are just whatever I'm working on. I figured we're all here to make money, I might as well share my thoughts. Maybe someone can use them. Also, it's easier to encouraged others to post more if I do.
I had a wonderful "debate" last summer with a TSLA bear regarding Toyota. They were convinced Tesla was the future and Toyota was going to be destroyed by neglecting EVs.....I thought the opposite. I've been much less bullish on the green revolution, or at least the speed of it, than a lot of people I guess. A lot of that comes from actually trying to participate in it. I priced solar for my house in 2021 and it was about 7-8 years to break even. Now that rates are higher it's probably more like 10-12. That's a long time to recoup an investment. Especially when the life of panels is 20 years. Ditto for EVs. I really wanted to get one, but there's just enough cases in my life for it not to be practical. So I've been waiting. I feel like I can't be the only one. I honestly didn't realize Toyota still had such great margins though. That is one of those sleeper companies that has just been dominant for decades now. I don't really want to own a car maker, but Toyota is probably the one I'd take if I was forced to. I'm with you, firmly in the non-bubble camp. There's a few names I think might be stretched, but that's more my opinion. I've pointed out several times that morningstar has the market at 2% above fair value last I checked. In late 2021 it was 20% above fair value, for reference. TSLA correcting was a matter of time. I do think there is a price it becomes attractive, but it's sort of a name I just don't want to own. I have been keeping with commodities. I just sold out of FANG on this surge, but I still own MPC, SCCO, and MUSA is a tangent play on gas. I'm still very bullish on copper despite China slowing. Electrification of the developed world combined with the rising of India, Indonesia, and Brazil will be a big bokn to commodities. It's more people joining the middle class than China had doing so that caused the last commodity boom in the early 2000s. I'm sort of selective though. Copper is my big play as I think there's major supply problems. Really, supply is the thing I watch most. Copper had a very inelastic supply so if there is any surge in demand it will demand high prices for a long time since no supply can be brought online quickly. Oil is my other. I've been writing more on CNQ and I'd love to buy next time energy pulls back. Long duration oil wells will prove valuable in the future. I also have my cement play, EXP. That's not specifically commodity related, but tangential.
I might have linked to this before, but [here](https://open.substack.com/pub/specialsituationinvesting/p/the-mathematics-of-buybacks-and-dividends?utm_source=share&utm_medium=android&r=23ti9i) is a solid article on the power of share buybacks. When done right, buy backs have enabled some absolutely astounding retirement done consistently and over time. Think of AZO, NVR, AMP, and MUSA....great share carnivores that have outperformed. I'm not sure how LOW stacks up, but I'd imagine it's relatively consistent and reasonably cheap. 5% FCF yield and 5% revenue growth..... it's probably about a market return level stock, if I had to guess. Maybe more if they do buy backs correctly. It looks like they reduce the share count by about 3% annually (988 million share son 2014 to 580 million shares today). Not bad.
V, MUSA, LLY, Novo, NVR, PHM are some that are near record highs. I think they’ve outperformed the SP 500 over roughly the past year too. None are AI stories.
Anecdotally speaking, the Wal-Mart gas station company MUSA is up ~900% over 10 years fwiw. I stumbled into it.
I'm more into companies than indexes. For small/medium cap names I own, SMLR, HMDPF, HWKN, OTCM, COKE, and MUSA are all up today. They're not names that ran like crazy recently, just well valued small caps. Names like NSSC and UFPT are down, but have had crazy runs recently. Basically, I still subscribe to well valued, growing businesses outperform everything else, market cap be darned.
MUSA is kinda weird in how they make money. Most convenience stores break even on gas and make.most.of their money from merchandise sales. Murphy is the opposite. They break even on merchandise and make money on their gas. I forget the exact relationship, but they basically have their own low cost refinery. I have to reread their 10K if they own it or have some legacy rights to it from when they were part of Murphy's oil. Anyway, they tend to be profitable either way, but can benefit more when gas prices are high. The podcast I linked to actually has a nice breakdown of the arrangement. The debt, yeah, not idea. However I don't see them having a problem paying it. I'm not sure why their rates as junk.
u/creemeeseason something interesting to consider on MUSA. It is well known that gasoline stations actually tend to make the most money when prices are falling, unlike oil producers. Counter-intuitive but competitors are slow to lower prices. Meanwhile, when they are going up everyone is hypervigilant and shopping. Here's national gas prices: https://fred.stlouisfed.org/graph/fredgraph.png?g=1gaBG MUSA peak earnings in 2H 2022 correlates well with this. Also nice drop in gas prices in 2023 4Q. Interesting thing about MUSA though is they seem to be okay in that environment of rising prices too because that is certainly possible. But good to be aware. I haven't looked super deeply yet but perhaps most of their money comes from the convenience and not the gas as much? Another thing to consider, Moody's gave them a junk rating for their junior debt.
Think of old, kiosk style gas stations. They sell gas and maybe a few convenience items like cigarettes and lotto games. MUSA has a number of older locations still. Then think of a big gas station, like a Wawa or Casey's. They sell lots of items including prepared food and beverages. Converting the former to the latter would be an expansion. It's cheaper than opening a whole new store, but adds a lot of value.
Yes. However, their interest coverage is 8x, so they could easily pay down debt if it becomes a concern. Management has addressed this in some of their conference calls. It will be a higher priority if rates stay higher. However, despite convenience stores being lower margins, they tend to be really good businesses. It's hard to build a new gas station in settled areas. The cost of permits and NIMBYs combined with lower margins mean that existing stores are quite valuable and end up having barriers to new competitors. Generally the only growth options are to buy existing locations, build in areas of new development, or expand existing locations. MUSA has been focused on the last of the three, while doing some new locations.
Yes, they re finished overearning. MUSA actually makes a lot of money from their gasoline sales, so gas prices spiking in 2022 was a huge windfall for them. As gas prices have returned to normal levels, so have their profits. My cost basis is $284 and change. Their two big concerns are cigarette sales (which are a large chunk of revenue for them) and longer term transition to EVs. They also recently acquired the Quick Stop chain in an effort to do more prepared food sales, but haven't implemented much yet.
For fundamentals Friday I present: Murphy USA, operator of a chain of convenience stores. The company reported earnings on Wednesday showing EPS growth with a decline in revenues. The stock was up almost 8%. MUSA is still trading around 15x earnings, is 8% owned by insiders, has reduced share count by more than 50% in the last 11 years. The shares have appreciated over 400% in the last 5 years alone. The company over earned in 2022 due to high gas prices and the stock fell in 2023 as a result of earnings normalizing. Yesterday it made a new ATH. A write up I did last year can be found [here](https://www.reddit.com/r/stocks/comments/131dgls/musa_a_market_outperform_stock/). A longer form discussion [here](https://podcasters.spotify.com/pod/show/chitchatstocks/episodes/Murphy-USA-Ticker-MUSA-with-Fabio-from-Capital-Mindset-e298kgs/a-aabqs4k). I own shares of this company.
A gas station is starting to carry my portfolio. MUSA popped 7% and is up 424% over the past 5 years. Idk why it popped because revenue and earnings were negative.
I haven't checked out the earnings call yet, but MUSA got a nice boost from earnings last night and another boost around the 11:00 conference call. Looks to be looking for a new high. Also, SMLR is moving up nicely again. Good day on the whole.
Fuck it, I’m going long on gas stations. MUSA won’t let me down.
While I think there are better opportunities than mega tech, I can't imagine actually shorting it. Other than possibly TSLA, I don't think any of them are absurdly valued, provided earnings are near projected levels. Shorting would require some sort of downward catalyst and I have no idea why they would be re-rated lower unless the economy falls off a cliff. I am joining you on the neutral oil camp. Probably going to sell of FANG soon. I feel like oil is going to have a hard time getting over $80 for awhile so there's not much upside left there. I also plan to hold MPC because they buybacks alone should return 10-15% annually, plus dividends. I also have MUSA that does great if gas prices go up. It's interesting looking [back](https://www.cnbc.com/2012/02/15/technology-stocks-reclaim-20-of-the-sp-500-weighting.html) at previous weights in the index. In 2008, financials were 20% of the index, and energy peaked out around 16% at the same time.
Because it's not US based and it's not consumer facing (consumers interact with their products but generally don't associate it with evolution). They're also generally less about sports betting and more about casino gaming. You'd be surprised how many stocks that dramatically outperform the market don't get brought up much, especially here. Check out DECK, MUSA, MEDP, EXP, AMP.... I could go on. There are so many great companies out there if you look.
MUSA doing the same. Such a surprisingly great business to be in.
I'm not sure it's a gauge on the health of the market. Every company buy ack is different. Personally I treat a company that does buybacks to cancel our SBC very different than one that continually reduces their share count. I give extra credit to companies that can buy back only when certain metrics are met (Medpace, I'm looking at you) but generally consistent buybacks are ideal. Obviously, this benefits low multiple companies more than higher ones. However, TXN has done a great job of buybacks with a 20x multiple. This article clarifies, and I agree, that buy backs in lieu of debt reduction is probably not good. Companies that levered up to buy ack stock during 0% rates might be in trouble going forward if rates stay high. I do think this scenario got carried away in the previous rate environment and is probably is another reason 0% rates shouldn't come back. It's not great for the economy. However, some of the "share vacuum" companies put up great returns. Ones that use free cash instead of debt to do this. Also, limited reinvestment opportunities, etc. looks t MUSA, AMP, AZO, and ULTA are a few examples of companies with well executed buybacks. They've also been great companies to own.
Not objecting to what you say, but there are other ways a management team can use cash flows in a way to benefit shareholders. Copart has never paid a dividend, but has used its cash flows to grow the business. MUSA pays almost no dividend, but has been fantastic at buying back shares, which also rewards shareholders. Really, it's more important to use cash effectively than the manner in which it is used, in my opinion. You're right about Google wasting lots of cash. They also dilute their buybacks with SBC which dampens the effectiveness.
$TSLA puts, $GOOG $AAPL $DB $MUSA $EEM $FXI $FTI calls
I think CASY is also a solid convenience store chain. I own MUSA so I don't really want both. I haven't looked as hard at Casey's honestly. MUSA drew me in with lower multiples, share buy backs, and a growth plan too.
Ha! That's fair. Then a few smaller ones I own: HWKN- rapidly growing their water treatment business. USLM- limestone quarries...but seriously impressive growth. MUSA- I'll throw this on because while they're not growing super fast, they're buying back so many shares that their EPS is growing a lot. And some watchlist names: TRNS- they provide equipment and services to laboratories. IESC- serial acquirer of electrical installers. KNSL- niche insurance provider CRVL- maker of workplace benefits software and applications. Not saying all of these are buys today of course, but you might find them to be nice watchlist names.
The thing is, you don't usually get strong impulses on name alike that. They just chug along. I never hear anyone mention MUSA, it just slowly compounds.
I can't speak as well about CASY, but MUSA is on a great spot. They're one of the lowest cost gas stations, and they have a lot of revenue they can tap in the future. They're just barely getting into selling short order food in some locations. It's not sexy or cool, so it doesn't get attention here. However, MUSA has greatly outperformed the market over the last 10 years. Looks like CASY has too.
It's surprising how few people here talk about the convenience store/gas station bull market when 90% of retail stores are in a bear market. I'm invested in $CASY over $MUSA, but both of these companies have been killing it these last 5 years. And they are both still constantly expanding with new store locations.
MUSA reports ​ Q3 EPS $7.69, consensus $6.18 ​ Q3 revenue $5.8B, consensus $5.56B. ​ cuts FY23 CapEx view to $325M-$375M from $375M-$425M The Company is taking the opportunity to update specific guidance metrics initially provided in January. Due to ongoing challenges in permitting new sites, contractor delays, and other supply chain hurdles, the forecast is now 27-30 new stores to open in 2023, versus the "up to 45" in the original guidance. The Company successfully redirected capital to slightly increase raze-and-rebuild activity, planning to end the year at 33 stores, above the initial guidance of "up to 30" stores. Accordingly, as some of the growth capital is deferred into 2024 due to delays in new store growth, the expected range of capital expenditures should approximate $325 million to $375 million, from $375 million to $425 million
I'm not making up the multifamily construction boom. Here you go from gov data: ​ [https://fred.stlouisfed.org/series/UNDCON5MUSA](https://fred.stlouisfed.org/series/UNDCON5MUSA)
Interesting name! I already own MUSA, so I'm not sure I want more convenience store exposure, but looks like an amazing performer!
I have almost no tech on my watchlist or in my portfolio actually. Lots of energy, some financials. High quality cash flow generator businesses are my cup of tea. MUSA, COKE, FLT....all doing great. I'm fairly confident in my portfolio actually. CPRT, CSWI, PAC, AMR, USLM..... yeah, everyone is sitting pretty.
Gas stations. Their prices change all the time to reflect this. I own MUSA. Copart. People always have accidents and those cars need to be dealt with. Inflation or no. I really want to own that one.
I liked MUSA at $270. They ran up quite a bit since then but that’s my “everyday life essential product” pick.
MUSA (I own them) have bought back 50% of shares in the last 10 years.
Nice breakdown of MUSA (one of my holdings). https://podcasts.apple.com/gb/podcast/chit-chat-money/id1437766060
I agree. I am quite bullish on the EV trend in the next 10 years. I don’t have direct exposure to EV’s but I am a shareholder of $MUSA. I currently live in a medium sized town that has almost no EV charging so I’m driving an ICE for now. Once I move at the beginning of 2024, I will be back to driving my Tesla.
NSSC continues to claw back from its slide, up 20% off it's bottom so far. I still think it's cheap. HWKN rebounding a little from its plunge yesterday. MUSA riding high gas prices and CASY earnings from yesterday. All around ok day.
I still regret not also buying $MUSA.
Thanks for pulling MUSA along with it!
MUSA really likes.the move higher in gas prices, even if everyone else hates it. NNI held its $90 support well this week, I might grab that in lieu of HIFS. GWW held $700, might add that too. Bought a few shares of USLM even though it near it's ATH because it's cheap when you dig into it. 16-17x this year's earnings (conservatively) for a company with no debt and mid teens growth. In about half a position so far this week. Looking forward to NSSC on Monday. I'm hoping they will give strong forward guidance after this week's debacle. Shares are on firesale.if the company is healthy.
Unless there’s a [surge in the supply of apartments](https://fred.stlouisfed.org/series/UNDCON5MUSA)
HWKN is my big winner, but CLH, MUSA, AGM, HIFS and UFPT are all solid entrants as well.
MUSA Stock - 6-12 month play They are trading near all time highs, but I feel they are not quite to their potential. Gas station companies like MUSA make money when there is volatility in gas prices. They quickly raise prices, while slow to lower them. With the conflict in Russia, and the uncertainty in the global markets, I think the volatility will allow MUSA to compete with last years numbers. With that said, This gas station is a value-based gas stations in front of Wal-Marts. When the market goes south, people are going to be hitting up value based stores more than average. Increasing flow. Also, During good times, and bad, when it comes to the market and economy, people will still need gas. (Or at least until 2035, if you think that it will ever fully take over)
I hold a large allocation in a strip club stock. Pretty strong business when you can acquire a club at 3-5x EV/EBITDA. The cash flow is nuts. I also hold 2 health insurance stocks which you can say are unethical considering how they operate their business and squeeze profits. My largest allocation is in META. Social media and its link with depression, especially in children. I don’t support childhood depression but I guess with my holding, I do…? I hold an allocation to NOC. You could make an argument that war is evil and I support a company that produces tools for killing. I also hold an allocation in MUSA which you could argue is evil because they sell gasoline. I hold an allocation in TSN which you could argue is evil as they mass slaughter animals.
I agree. I'm pretty light on discretionary plays too. RICK is basically it. MUSA is the other, but gas stations aren't really an area to cut back, unfortunately. That's another great name that just churns higher as they buyback stock.
I'm starting to see my peripheral names move too. MUSA up big today (gas station) and DAR (refinery). You must be having a great day with the AMR move!
COKE, MUSA, CACI, and CLH are my mid cap anchors right now. Just solid companies that grind higher.
MPC and FANG. Tangent plays I have DAR and MUSA.
I've been told.that the offshore plays are a big bet on very high oil prices. Since most of them have a high break even point (offshore is expensive) they need high prices to make money. When prices are high, they are very good. Otherwise, I like the lowest cost producers. CNQ is a great one. I own FANG, and flirted with PXD. If you really want leverage on high prices, the small E&P names are risky but offer more upside. I decided to go with a bigger name. If I was buying today, I'd go CNQ. I also like the idea of TPL since they just get royalties and benefit a lot from high prices, but I can't get past their shareholder squabble at this point. I also went with a lot of names that benefit from high oil prices, DAR, MPC, and MUSA do really well with high gas prices. MPC is the only true energy name (it's almost a multibagger for me at this point). LNG is another one I owned last year, but cut out as I shed some energy exposure. I still like it though. Also, coal prices tend to follow oil prices, so that's nice.