2 HYPER GROWTH STOCKS I just bought‼️
Summary
In this video, Jeremy provides a bullish analysis of the semiconductor sector and shares his recent investment activities. He characterizes the recent 4% dip in AMD as insignificant, emphasizing that the company is undergoing a massive fundamental transformation. Jeremy asserts that skyrocketing demand for CPUs and GPUs will lead to ballooning margins and profitability, projecting a realistic long-term price target of $1,100. He cautions against using trailing price-to-earnings ratios to value such companies, as their future earnings profiles are expected to be drastically different from their past performance.
Beyond semiconductors, Jeremy reveals that he recently purchased shares in SoFi and Celsius Holdings, labeling them as 'hypergrowth' companies. He points to Celsius's triple-digit revenue growth and SoFi's strong net interest income as key indicators of their long-term potential. Jeremy also weighs in on broader market sentiment, noting that while some analysts are cautious about a potential bubble, the underlying earnings strength and the significant wealth of the baby boomer generation provide a solid floor for the economy and the S&P 500.
Mentioned Stocks
Reasoning: Jeremy mentions that a 7% pullback for Micron is 'literally nothing' given its massive gains over the past year and suggests it still has room to run.
Reasoning: Jeremy bought over 500 shares of Celsius, noting its 'hypergrowth' status evidenced by 138% year-over-year revenue increases and triple-digit growth across the board.
Reasoning: Jeremy views the recent price dip as a minor correction in a massive bull run. He believes CPU and GPU demand, along with expanding margins, will drive the stock to $1,100 or even $2,600 in a bullish case.
Reasoning: Jeremy purchased 650 shares, citing an 'A+' earnings report with 43% revenue growth and a long-term price target of $50 to $100.
Reasoning: Jeremy contrasts Qualcomm with AMD, stating that Qualcomm's 13% drop is more concerning because its stock run-up was based more on 'hope' than the undeniable fundamental shifts seen in AMD.