Once in a life investment opportunity is coming.

Financial Education•Feb 24, 2026

Summary

Jeremy compares the current market environment to the 2008 financial crisis, noting that investors are being tested by significant drawdowns in high-quality tech stocks. He observes that many leading SaaS and cloud companies have fallen 30-60% from their all-time highs. Jeremy's core thesis is that the market is overreacting to the threat of AI 'vibe coding' and chatbots replacing established enterprise software. He believes the bottom for these stocks likely occurred in Q1 and is aggressively building positions.

His strategic plan involves closing out his 'Tesla hedges' (inverse positions or short-dated bets against TSLA) as the Nasdaq (QQQ) drops further. He intends to close half of his hedges when the QQQ is down 7% from its highs and the remainder at a 10% drawdown. The proceeds, which he estimates at over $100,000, will be moved into SaaS stocks. Jeremy also discusses a potential buyout for PayPal, suggesting a price target of $75 to $100 per share based on recent takeover interest and CEO compensation incentives.

Salesforce (CRM): Jeremy views the stock as 'stupidly priced' with a forward P/E under 14 despite double-digit growth. He highlights the Agent Force platform's rapid adoption and the company's recent forecast raise as evidence of its strength. Jeremy believes the CEO, Marc Benioff, will capitalize significantly on the AI wave.

Adobe (ADBE): Trading at a forward P/E of 10, Jeremy considers Adobe a bargain and dismisses claims that AI will replace its professional creative suite. He argues that the workflow and professional-grade results of Photoshop cannot be replicated by simple chatbots. He maintains that the stock has hit a fundamental valuation floor.

PayPal (PYPL): Jeremy identifies a potential 'quick money-making opportunity' due to reports of takeover interest from rivals. He predicts a sale price between $75 and $100 per share, noting that the CEO's incentive structure supports a deal around $80. He plans to exit his position immediately if a buyout is announced at a significant premium.

ServiceNow (NOW): Jeremy highlights this stock as a core SaaS pick with a forward P/E of 24 and 20% growth. He argues that ServiceNow possesses a 'data moat' through its proprietary IT ticket history that LLMs cannot easily replicate. He believes the symbiotic relationship between LLMs and SaaS will ultimately benefit the latter.

Mentioned Stocks

AMD

Sentiment: BUYAction: RECOMMENDED

Reasoning: Jeremy states that AMD being under $200 makes no sense if AI is truly taking over the world, as the demand for chips would be astronomical. He views the current pricing as a market delusion.

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CRM

Sentiment: BUYAction: BOUGHT

Reasoning: Jeremy is buying Salesforce heavily in Q1, citing a 'stupid' forward P/E under 14. He believes the market is wrong about AI threats, noting that Salesforce raised its forecast and is seeing massive growth in its Agent Force platform.

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NOW

Sentiment: BUYAction: BOUGHT

Reasoning: Jeremy is buying ServiceNow because it trades at a forward P/E of 24 while growing at a 20% clip. He believes its proprietary IT data creates a moat that makes it essential for LLM companies.

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PYPL

Sentiment: BUYAction: RECOMMENDED

Reasoning: Jeremy highlights reports of takeover interest in PayPal. He predicts a potential buyout price between $75 and $100 per share, noting the CEO is incentivized to sell around $80 and the business remains a high-margin 'money printer.'

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ADBE

Sentiment: BUYAction: BOUGHT

Reasoning: Jeremy considers Adobe a core SaaS buy at a forward P/E of 10. He argues that professional workflows like Photoshop cannot be replaced by AI chatbots and believes the stock has already bottomed.

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TSLA

Sentiment: SELL

Reasoning: Jeremy is using Tesla as a market hedge, betting against it because it trades at an insane valuation and tends to sell off harder than the QQQ in a risk-off environment. He expects a potential SpaceX IPO to pull capital away from Tesla.

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