AMD & Celsius Shareholders GET READY‼️
Summary
Jeremy discusses the recent performance of his public investment account, which has reached a new milestone of approximately $4.775 million. Jeremy emphasizes a strategy of 'buying through the fear,' specifically rebuffing cautious outlooks from Wall Street analysts who predict a market downturn. He argues that even if a recession or period of lower rates occurs, the best move for long-term wealth building is to continue accumulating shares of high-quality businesses. Jeremy also warns of a potential earnings growth challenge in 2027 and 2028 for 'Magnificent Seven' stocks, suggesting a shift toward smaller-cap companies.
Mentioned Stocks
Reasoning: Jeremy maintains high conviction in Celsius because the Alani Nu brand is showing massive growth of 38%, which offsets temporary volume weakness in the core Celsius brand. He believes the stock will reach $50 soon once volume momentum returns and sees it as a $100+ stock in the long term. Jeremy emphasizes that the current dip or stagnation is a time to remain confident in the brand's runway.
Reasoning: Jeremy expects Nvidia to report very strong earnings, though he notes that the stock price reaction depends on whether they beat guidance by several billion dollars. He suggests that a $4 billion beat could push the stock toward $250, while a smaller beat might keep it around $200. Jeremy remains bullish on the overall semiconductor ecosystem leading up to the report.
Reasoning: Jeremy predicts AMD will hit $650 or more by the end of the year due to gains in market share for AI accelerators and data center processors. He advises investors to focus on the long term and avoid short-term gambling with options or margin. Jeremy notes that major analysts have recently upgraded the stock with high price targets.
Reasoning: Jeremy is intrigued by Bath & Body Works as a potential new investment, citing its attractive 4.5% dividend yield and status as a 'good value dividend stock.' He is currently keeping a close eye on the stock for a potential entry point but has not yet started a position.
Reasoning: Jeremy identifies RH as a high-end retail stock with significant long-term upside potential. Although he currently owns zero shares, he is watching it closely as a potential new addition to his portfolio, noting that it offers higher potential returns compared to less risky retailers.