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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:

Celsius (CELH): Jeremy argues that Celsius is a high-conviction long-term investment that is currently bouncing back from its recent lows in the mid-$20 range. Jeremy states that Jeremy has no interest in selling even if the price reaches $40 tomorrow, as Jeremy's long-term target is over $100 per share. Jeremy intends to continue accumulating more shares to increase Jeremy's ownership position in the company.
e.l.f. Beauty (ELF): Jeremy points out that e.l.f. Beauty has shown incredible strength since bottoming in early June. Jeremy suggests that the stock is likely to reach a triple-digit price point of $100 or more very soon. Jeremy remains very bullish on the company's momentum and its performance in the current market environment.
Wynn Resorts (WYNN): Jeremy highlights Wynn Resorts as a stock with growing momentum due to Jeremy's belief in its upcoming expansion. Jeremy states the opening of a new property in the Middle East next year represents a massive growth opportunity for the business. Jeremy advises keeping a close eye on this stock as it approaches that significant catalyst.
Apple (AAPL): Jeremy expresses skepticism regarding Apple's upside potential, citing a high forward P/E ratio in the 30s. Jeremy argues that Apple's growth rates next year will likely be lower than this year, making Jeremy less optimistic about its performance.
Estee Lauder (EL): Jeremy states that Estee Lauder is a company Jeremy loves for the long term and Jeremy is looking forward to the upcoming earnings report. Jeremy believes the stock will go much higher than its current levels over the long term, despite periodic pullbacks.

Mentioned Stocks

CELH
Sentiment: BUYAction: RECOMMENDED

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.

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ELF
Sentiment: BUYAction: RECOMMENDED

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.

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EL
Sentiment: BUYAction: RECOMMENDED

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.

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AAPL
Sentiment: SELL

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.

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WYNN
Sentiment: BUYAction: RECOMMENDED

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.

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