Wait and Collect

For the first time ever, Search is less than half of Google's $GOOGL revenue. 49.7% in Q3. It was 55.3% a year ago. Cloud went from 14.8% to 24.1% in the same twelve months.

Meta Platforms $META is Free Cash Flow negative for the first time in more than ten years.

Interactive Brokers: Founded 1978 
Crossed 1 million accounts in 2020 
5.58 million accounts today 1.4 million of those came in the last 12 months. $IBKR

$MELI is trading at 1.84x forward sales. Cheapest it has ever been on that measure. Revenue is still growing close to 40%.

Warren Buffett has named very few outside investors he admires. Greg Alexander is one of them. Alexander runs a $607M fund with six holdings. As of September 25, one auto dealer is 64% of it. He owns 13.75% of the entire company. $GPI

Rollins has grown revenue for 25 years straight. Through 2008. Through COVID. Through every rate cycle in between. Bugs don't care about the economy. $ROL

Amazon has compounded operating cash flow at 19.5% a year since 2021. $66B to $161B. The stock trades at 18.79x that cash flow, near the cheapest it's ever been. A 19% grower at 19x cash flow. That's it.

$PEP is paying a 4.5% dividend yield, the highest in over 20 years. That's more than most savings accounts, from a company that has raised its dividend every year for 5 decades.

The last time you could buy $MELI this cheap on gross profit, the stock was under $150. 6.2x EV/Gross Profit. Lowest in more than 10 years.

Wall Street on $CELH: 15% annual EPS growth for years. The market on CELH: down 39% YTD.