My Stock just EXPLODED‼️
Summary
Jeremy argues that the key to portfolio growth is aggressive investment in high-quality, undervalued companies during market dislocations. Jeremy states that while index funds are reliable, individual stocks like e.l.f. Beauty can double in months when the entry point is timed correctly. Jeremy emphasizes a long-term outlook, noting that bull markets typically last much longer than short-lived bear markets, allowing patient investors to find ways to win regardless of temporary volatility.
Jeremy also addresses the AI boom, warning that while massive spending is good for the broader economy, it may be detrimental to stock prices. Jeremy argues that if Big Tech companies spend hundreds of billions on infrastructure, they risk generating negative free cash flow. Jeremy believes this leaves no capital for dividends or buybacks, which could ultimately hurt shareholder value despite the technological progress.
Mentioned Stocks
Reasoning: Jeremy views Nike as the next major brand turnaround, similar to Estee Lauder. Jeremy calls the stock a 'steal deal' at current levels, emphasizing that long-term brand strength is incredibly rare and valuable. Jeremy expects Nike to be even more relevant in the 2030s than it is today.
Reasoning: Jeremy states that Celsius has moved back into the $30 range and is up significantly from its recent lows. Jeremy believes the stock should be valued at $100 or more per share over the next few years. Jeremy mentions that Jeremy was recently loading up on Celsius shares during the market weakness.
Reasoning: Jeremy points out that ELF has doubled its stock price in just two and a half months. Jeremy predicts the stock will exit the year at a minimum of $100 and potentially reach $140. Jeremy views it as a several-hundred-dollar stock over the long term and mentions loading up on shares recently while it was undervalued.
Reasoning: AMD is the largest position in Jeremy's public account. While Jeremy admits the stock has been weak recently, dropping from highs of $580 to the $460s, Jeremy advises viewers not to give up on it. Jeremy believes the stock has at least one more big run left before potentially cooling off.
Reasoning: Jeremy highlights that Estee Lauder is in a clear turnaround year with gross margins improving to 75.5% and net sales growing. Jeremy notes the stock was recently as low as the $40s but is now approaching $100, with a long-term runway back toward its all-time high of $370. Jeremy mentions having 'gobbled up shares' because Jeremy views it as a 'steal deal' for such a powerful long-term brand.
Reasoning: Jeremy likes Robin Hood as a company but refuses to buy the stock while the market is near all-time highs. Jeremy states that Jeremy would only buy the stock during a market crash or bear market when retail sentiment is at its worst. Jeremy suggests that the stock could be used as a hedge or for put options if one expects a market decline.
Reasoning: Jeremy describes Netflix as the 'cleanest stock for big tech' due to its strong story and valuation relative to its peers. Jeremy notes the stock is performing well and continues to be a 'winner winner chicken dinner' for investors in the large-cap space.
Reasoning: Jeremy reacts to Tom Lee adding JPMorgan to a core list, expressing skepticism due to flat revenue growth projections and earnings concerns. Jeremy notes that a forward P/E of 14 is standard for big banks and finds it hard to make a strong bull case for the stock right now.