I Just Sold Out of a Stock Completely. Here's What I Bought Instead

Couch Investor•Aug 9, 2026

Summary

Couch Investor provides an update on the 'Kochi investing portfolio,' which is currently up 32.7% year-to-date compared to the S&P 500's 13.4%. Couch Investor emphasizes that the upcoming earnings week is critical, with major reports expected from Rocket Lab, Nebus, and DLocal. The main thesis presented is that investors must be willing to cut 'losers' that suffer from poor execution and guidance in order to reallocate capital into higher-conviction, accelerating businesses. Couch Investor also notes that macro factors like rate cuts are short-term noise and do not change the long-term investment thesis for quality companies.

Shift4 (FOUR): Couch Investor sold the entire position at a 35.6% loss due to disappointing guidance and execution issues. Couch Investor notes that while Q2 results were technically beats, the downward revision of the full-year outlook and Middle East conflicts affecting high-margin segments made the stock a 'loser' to cut. Couch Investor prefers to move this cash into companies with fewer question marks and better growth trajectories.

Palantir (PLTR): Couch Investor bought additional shares at $125 just before the earnings report, describing it as a gamble on the market's reaction to growth. The position is now up 55%, with the stock trading around $172, and Couch Investor states they will not be chasing the price higher at this level. Couch Investor would consider adding more shares only if the stock experiences a significant breather or pullback.

Oscar Health (OSCR): Couch Investor remains bullish on the company despite a recent stock price drop following Q2 earnings. Couch Investor explains that the business fundamentals are strong, with improving medical loss ratios and positive operating earnings, though the market reacted negatively to warnings about increased churn. Couch Investor highlights the upcoming investor day as a potential catalyst for long-term growth targets and technology monetization.

Nebus (NEBUS): This remains the number one position in the portfolio, and Couch Investor is highly optimistic ahead of the Wednesday earnings report. Couch Investor argues that the company is well-diversified across US and European data center locations, which mitigates risks from specific site delays. Couch Investor expects aggressive revenue growth to continue through fiscal 2028 and mentions a potential beat on current analyst estimates.

Mentioned Stocks

RKLB

Sentiment: HOLDAction: RECOMMENDED

Reasoning: Couch Investor states the stock is currently expensive after a recent 30% rally. Couch Investor argues that the success of the Neutron rocket is a 'complete game changer' and essential for the long-term thesis to remain intact.

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Sentiment: BUYAction: RECOMMENDED

Reasoning: Couch Investor states that memory names like Micron are very cheap and continue to grow top and bottom lines significantly. Couch Investor wouldn't be surprised if the stock returns to all-time highs as there are no real cracks in the business.

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PLTR

Sentiment: BUYAction: BOUGHT

Reasoning: Couch Investor bought more shares at $125 before the earnings report as a gamble on growth acceleration. The position is up 55% with the stock at $172, though Couch Investor will not chase it at current prices.

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FOUR

Sentiment: SELLAction: SOLD

Reasoning: Couch Investor sold the position at a 35.6% loss because of disappointing guidance and execution. Couch Investor states that the business is not moving in the right direction and prefers to move capital to companies with accelerating business growth.

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OSCR

Sentiment: BUYAction: RECOMMENDED

Reasoning: Couch Investor views the recent dip as a disconnect from strong business fundamentals, including improved medical loss ratios and positive operating earnings. Couch Investor believes the road is still very long for the company and looks forward to the investor day.

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NEBUS

Sentiment: BUYAction: RECOMMENDED

Reasoning: Couch Investor identifies this as the largest portfolio position with massive growth potential. Couch Investor highlights the benefit of diversified data center locations and expects revenue to potentially reach $21.4 billion by fiscal 2028.

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