I bought HEAVY Today‼️
Summary
Jeremy provides a comprehensive analysis of a market under pressure from surging crude oil prices, which have jumped over 20% in a five-day span. He identifies the commodity index (GSG) as a 'scary chart' that signals looming inflation and higher costs for consumers, particularly at the gas pump. Despite this, Jeremy believes the market is nearing a bottom, citing a high put-to-call ratio as evidence that retail investors are panic-selling too late. He advocates for an active management approach, picking up 'beat down' companies that have strong fundamentals despite the macro environment.
Jeremy emphasizes a 5-to-15-year time horizon, suggesting that short-term price fluctuations are largely irrelevant for those building positions in durable brands. He highlights a rotation opportunity where 'old economy' stocks are currently trading at higher valuations than high-growth 'new economy' stocks like Microsoft and Meta. He focuses his personal capital on companies that are 'anti-stress,' meaning their business models are resistant to AI disruption and geopolitical shifts.
Mentioned Stocks
Reasoning: Jeremy bought the stock 'heavy' today despite it being out of favor with the broader market. He believes the brand will dominate over the next 5-15 years and appreciates the dividend and price appreciation potential. He mentioned it as a great buy at current levels.
Reasoning: Jeremy explicitly stated he added to this position today in at least two portfolios. He is bullish on the integration with Pepsi's distribution and the company's trajectory toward mid-50s gross margins. He views it as an 'anti-stress' stock that is resistant to AI disruption.
Reasoning: Jeremy recommends this as a great buy, specifically highlighting that anything under $100 is an excellent entry point.
Reasoning: Jeremy considers Revolve a great buy at $25, citing a strong income statement and balance sheet that few others are discussing.
Reasoning: Jeremy bought a 'big batch' today and plans to build it into a massive position. He considers anything under $300 to be a 'steel deal.' He loves the company's moat and considers it a high-quality, long-term compounder.
Reasoning: Jeremy increased his position today. He refers to it as a 'two buck chuck' and believes anything in the $2 range is a great deal for the stock.
Reasoning: Jeremy notes that the forward P/E of 23 is 'very fair' for Microsoft and represents an intriguing opportunity compared to previous higher valuations.
Reasoning: Jeremy explicitly called Adobe a 'great buy here today' during his market walkthrough.
Reasoning: Jeremy states it is a good buy at current levels, but it becomes a 'great buy' if it falls below $100.
Reasoning: Jeremy sold a batch of shares today for a 12% profit. He is holding the remaining position but plans to exit if the NASDAQ drops 10% from its all-time highs.