My NEW #1 Biggest Investment‼️

Jeremy Lefebvre Makes Money•Apr 17, 2026

Summary

Jeremy provides a comprehensive market update centered on the significant momentum in technology stocks and a shift in market sentiment. He highlights that AMD has officially overtaken Meta as his largest personal holding, valued at approximately $710,000, following a massive 44% rally from its recent lows. Jeremy's main thesis is that the market is in a 'risk-on' phase where semiconductors and specific software-as-a-service (SaaS) stocks are leading the charge. He points out a historic anomaly where chip stocks are currently viewed as safer investments than software stocks due to the clear demand for AI infrastructure, though he expects this to revert over the long term.

Regarding the broader market, Jeremy discusses the Fear and Greed Index's rapid move from extreme fear to greed. He views the fact that over 42% of investors remain bearish as a bullish contrarian indicator, suggesting there is still significant 'fuel' for the rally as these investors eventually turn positive. He also notes that upcoming earnings guidance will be the primary driver for stock prices, outweighing past performance. Jeremy mentions that if inflation stays within a manageable range (around 3%) and treasury yields begin to fall, it could provide a massive tailwind for the stock market heading into the summer.

AMD: The stock has reached record closing highs and is currently eyeing a break above $290, which aligns with average analyst price targets. Jeremy predicts that if the stock successfully breaks through the $290 resistance level, it is headed deep into the $300 range. He believes the stock is still attractively priced based on multi-year forward earnings projections despite its recent run.

SoFi: This stock has surged 27% from its recent lows and Jeremy expects it to remain a winner as long as the market maintains a risk-on environment. He sets price targets of $20 and $22 in the near term, with a potential move to $25 and eventually $30. He notes that while it may give up some gains if the broader market cools, its trajectory remains upward.

Honest Company (HNST): Jeremy remains highly optimistic about this stock's performance for the remainder of the year. He predicts that the stock will exit the year trading well over $5 per share. He continues to hold high conviction in the company's turnaround and growth potential.

Salesforce (CRM) & ServiceNow (NOW): Jeremy highlights these SaaS stocks as being 'dirt cheap' relative to their growth rates. Salesforce is trading at a forward price-to-earnings (PE) ratio of 14, while ServiceNow sits at 22, which he considers very attractive. He argues that the market's current fear regarding AI disruption in software is overblown and presents a buying opportunity.