This 1 Stock is about to shock Investors‼️
Summary
Jeremy provides an optimistic outlook on the stock market, specifically focusing on the semiconductor sector and the upcoming tech earnings season. He believes the 'peak fear' regarding geopolitical tensions between the US and Iran has passed, and that retail investors will soon fuel a market rally by moving cash from the sidelines back into equities. Jeremy emphasizes his 'buy the dip' philosophy, noting that historically, every correction has eventually led to new all-time highs for long-term investors.
Jeremy breaks down his expectations for several key positions and upcoming earnings:
Mentioned Stocks
Reasoning: Jeremy is confident long-term but states the stock needs an 'insane' AWS growth number to avoid a short-term pullback. If the numbers are strong, he sets a price target of $300.
Reasoning: Jeremy notes the stock is breaking all-time highs and acts as a 'dangerous' stock to the upside. He believes if it breaks the $290 analyst average target, it will quickly move deep into the $300s, with potential to hit the highest analyst target of $360.
Reasoning: Jeremy warns of a likely deceleration in growth rates this quarter or next. He believes the stock is currently 'stuck' in a range between $125 and $200.
Reasoning: Jeremy expects very strong earnings and guidance, predicting the stock will be at $120+ very soon.
Reasoning: Jeremy describes PayPal as a sneaky mover already up 30% from its bottom. He expects the stock to jump 10-15% on earnings due to optimism over the new CEO and corporate strategy.
Reasoning: Jeremy explicitly mentions taking some profits on Google recently and is considering taking more. He feels investors are ready to take profits if there is any concern in the upcoming earnings report.
Reasoning: Jeremy predicts a 'banger' earnings report on the 30th based on a theory regarding a leadership transition for Tim Cook, suggesting the company will want to smash numbers to let him exit on a high note.