A Shocking Market Move is coming & Everyone is Asleep‼️
Summary
Jeremy states that the S&P 500 reaching 10,000 in the next 18 months is a monumental call that Jeremy finds hard to support for the overall market. Jeremy argues that heavy capital expenditure (capex) from the 'Magnificent Seven' will negatively impact free cash flow and earnings per share in 2027 and 2028. Jeremy suggests that while the top of the market might struggle, a 'party' is likely starting for small-cap, mid-cap, and value stocks that have underperformed recently.
Jeremy highlights several specific stocks and market segments:
Mentioned Stocks
Reasoning: Jeremy believes Celsius is a long-term winner with a price prediction of $100+ per share. Jeremy notes that the stock is bouncing back from its mid-20s lows and Jeremy intends to continue increasing Jeremy's ownership position because short-term price fluctuations are irrelevant to Jeremy's thesis.
Reasoning: Jeremy highlights the strong momentum since the stock bottomed in early June. Jeremy predicts that the stock will soon reach $100 or more per share as Jeremy sees continued buying pressure.
Reasoning: Jeremy loves Estee Lauder for the long term and expects the stock to go a lot higher. Jeremy is looking forward to the upcoming earnings report and views the stock as having recovered well since bottoming last year.
Reasoning: Jeremy is skeptical of Apple due to its high forward P/E ratio in the 30s and expectations of lower growth rates next year. Jeremy does not believe there is significant momentum or upside potential for the stock at current levels.
Reasoning: Jeremy sees growing momentum due to the upcoming opening of Jeremy's mentioned Middle East property next year. Jeremy considers this a major growth opportunity that the market will price in as the date approaches.