July 30th, 2022 | Stock Analysis, COVID-19 Vaccinations, Natural Gas, Stock Revenue, Housing Market, Chip Bill, GDP, Solar Energy, Raw Materials, & A/C

<p>Stock Analysis In a search for value at Wilsey Asset Management we’re always looking for companies that have gone on sale with strong fundamentals. What follows are four companies from last week that were down substantially from their 52-week highs. We have not done the research to see if they’re fundamentally strong, but they are definitely on sale. Snap which trades under the symbol SNAP fell to $9.96 last week and back in the fall of last year it was trading in the low $80s. We’ve also talked about the cannabis stocks and once again cannabis company Canopy Growth has continued to fall reaching $2.57 last week well off the high reached about a year ago of $19 a share. Back in 2018 the stock was around $50. The company trades under the symbol CGC. A company called Silver Gate Capital symbol SI which is a crypto bank, back in November was trading around $220 a share and Friday it closed at $86.50. I know cryptocurrencies have rallied lately but I don’t think investors will find any value here. And lastly Carnival Cruise lines which trades under the symbol CCL closed at $9.26 last week and if you look back to September/October of last year you will discover the stock was trading around $24-$25 a share. I do believe this company has a very weak balance sheet but maybe there is some value there if one digs deeper. COVID-19 Vaccinations Last week President Biden reported that he had COVID-19 along with Dr. Fauci. They also have been very cautious and have received the vaccination and the double boosters that were recommended. It seems to me that no one really cares any longer about COVID-19 and that there is no reason to get the vaccination or the boosters if you still get the virus. What I think about is how hard Pfizer, the drug company, has pushed the vaccinations and the boosters to everyone including even infants. Their stock rose on the news last year but year to date their stock has fallen over 9%. I know this company has many other drugs but I’m just thinking that less people will be getting the vaccinati