Perfusion Revolution, Tesla at $9000, Disney Vote And Other Headlines With Revolutionary Analysis

It’s been a while since I wrote a “Headlines With Revolutionary Analysis” and I’m going to start doing them more often as I find them helpful.

Remember that the whole point of Trading With Cody is to keep a running record of my analysis and investment processes as we seek to find the most Revolutionary technology trends changing the world.

I spend hours every day reading newspapers (NY Times, WSJ, NY Post, etc), analyst reports, company SEC filings and so on.

Here’s some of the stuff I read today and yesterday and my thoughts about each. (By the way, we’ll do this week’s Live Q&A today at 3:00 pm ET.)

The Organ Is Still Working. But It’s Not in a Body Anymore. Perfusion keeps a donated organ alive outside the body, giving surgeons extra time and increasing the number of transplants possible. – The articles mentions Transmedics as “one of the leading” companies that do perfusion but Transmedics is really about the only company that sells the devices that do perfusion. The stock is up today probably in part because this article does rightly explain how perfusion technology is putting organ transplantation into a new growth paradigm and, yes, Revolutionizing the industry. TMDX is down a bit since we started scaling into it and as noted last week, we were buying more on the decline. Sitting tight for now.

Cathie Wood of ARK Invest defends her $2,000 share-price target on Tesla – Cathie thinks that EVs could have 80% market share by 2029. Moreover, she expects that Tesla will generate some $10 trillion in revenue from Robotaxis by 2030.

I suppose if Tesla successfully rolls out a smaller car (working name is the Model 2) for a selling price of $22,000 or less that EV market share for Tesla and its Chinese EV competitors that EV market share of new cars sold could certainly go over 50% but 80% sounds fanciful as Cramer put it this morning.

We modeled out $250 billion or so in Robotaxi revenue for 2030 which would still be amazing even at just 25% of Cathie’s expectations. On the other hand, if Tesla does pull off the Robotaxi and Optimus Robot and Dojo AI Revolutions, we model out that Tesla could have a $30 trillion dollar market cap by 2040, which would put Tesla at over $9000 per share in sixteen years, as I explained on Fox Business a few weeks ago (watch that clip here).

Before you laugh, recall that I predicted that Apple would one day have a trillion dollar market share back about 16 years ago when the iPhone rolled out and that people laughed at that idea back then too.

Disney Vote Is a Referendum on Bob Iger’s Many CEO Contract Extensions WSJ and Disney – Trian White Paper – I’m not sure any of these bullet points of change that Peltz is going for are actually saying much of anything or that they will really change much for Disney’s shareholders: 1. Enhance Corporate Governance & Accountability: Execute a successful CEO succession process; properly align pay with performance; form Board-level Finance & Strategy committee. 2. Accelerate Media Profitability: Insist on a DTC strategy to earn Netflix-like 15-20% margin; right-size legacy business and evaluate org structure. 3. Review of Creative Engine: Comprehensive Board-led review on the state of creatives and “flywheel”. 4. Clarify Strategic Focus: Issue longterm free cash flow growth target; explore finding strategic partners for non-Sports linear assets; insist on a digital ESPN strategy with a clear path to attractive returns; refine Parks strategy to include return on investment targets and a commitment. We’re not huge Iger fans either but we voted against Peltz because we didn’t see much meat on his proposals.

Caitlin Clark Adds Another Record to Her College Basketball Résumé – The highly anticipated rematch between Iowa and LSU on Monday night garnered 12.3 million viewers, making it the most-watched women’s college basketball game on record. – My in-laws have started watching Womens’ March Madness over Mens’ March Madness and if Caitlin is on TV, I like to watch here too.

College sports, as I saw first hand and have been writing about for decades, is corrupt but it’s getting less corrupt with NIL and open transfer portals.

Stocks on rise as Wall Street awaits Fed chief Powell’s words – As I also told Fox Business a few weeks ago (watch here), Wall Street isn’t really waiting with baited breath for the Fed to cut any more. Every time the markets get a good inflation number they have a quick rally that usually fades a day or two later and vice versa when the markets get a bad inflation number. As I’ve been saying all year, I think the only way the Fed can do much cutting is if there’s a financial or markets crisis. If the Fed does cut with inflation reading still over 3%, they might cause the markets to tank, not rise — vice versa the current market action of mostly bull market with a Fed on pause.

Intel 8-K Current report filing and Intel Outlines Financial Framework for Foundry Business, Sets Path to Margin Expansion – Nothing much surprising in these updates from Intel but the market doesn’t like to see the ugly losses broken out for the scaling of the foundry business as Intel invests billions (most of it from US and state taxpayers) to build more semiconductor factories to build chips for other tech companies. It’s a long road still that will take another 3-5 years to really ramp up, but Intel’s foundry business could be a trillion dollar business by 2030 if they execute. I’ve been saying for a while that we might buy some more Intel near or below $40 and we have some bids in today to nibble on some Intel on this weakness but are not loading up yet.