I Spent $72,000 on this stock today‼️

Jeremy Lefebvre Makes Money•Apr 1, 2026

Summary

Jeremy's main thesis is that the current market has created an arbitrage opportunity for individual stock pickers by punishing high-quality growth companies with 'sour sentiment' despite strong underlying fundamentals. He believes that while sectors like energy have been 'red hot,' consumer-focused growth stocks have been obliterated, creating 'steal deals' similar to the opportunities seen with Meta or Palantir in 2022. Jeremy emphasizes that for double-digit growth companies, trading at forward P/E ratios in the teens or low 20s is illogical and represents a significant buying opportunity.

Regarding the market outlook, Jeremy suggests that while the S&P 500 might take 10 to 20 years to triple, individual picks like e.l.f. Beauty could triple in as little as 24 months if they continue to execute. He also reacts to external commentary regarding China's recovery and the impact of AI infrastructure on the market, maintaining that individual stock picking allows for massive gains even in stagnant or volatile broader markets.

Nike (NKE): Jeremy executed a 'big boy buy' of 1,000 shares for $45,000, calling it a 'ridiculous steal deal' at prices around $40-$45, which are levels not seen in 12 years. He argues the turnaround is already visible in the data, specifically citing 20% growth in the core running category and better-than-expected footwear numbers in China. He expects the company to shock people with its profitability over the next few years as new CEO Elliott Hill re-engages wholesale partners and clears old inventory.

e.l.f. Beauty (ELF): Jeremy bought 200 shares at $63.30, noting the stock has fallen roughly 70% from its all-time high. He finds the forward P/E of 18 laughable for a company consistently delivering double-digit growth, comparing its current valuation to past irrational dips in other tech giants. He believes investors will look back in a few years and realize how cheap the stock was at these levels.

Celsius (CELH): Jeremy purchased 100 shares at $35, highlighting that the stock is down significantly from its high of nearly $100. He asserts that a 24x forward P/E is far too low for a double-digit grower that should perform well regardless of the broader economic environment. He views this as another example of a high-growth company being unfairly punished by market sentiment.

Cheesecake Factory (CAKE): Jeremy invested $5,500 at a price of $55, describing it as the 'least hated' but still undervalued. He projects a base case CAGR of 18-23% through 2030, driven by a cheap forward P/E of 13 and expansion plans for brands like Flower Child and North Italia. He notes that the company's earnings remain very stable even in fluctuating economic conditions.

Mentioned Stocks

NKE

Sentiment: BUYAction: BOUGHT

Reasoning: Jeremy made a high-conviction buy of 1,000 shares ($45,000 total) because the stock is trading at 12-year lows (around $40-$45). He believes the turnaround has started, citing 20% growth in the running category and improving footwear trends in China. He sees current prices as a 'ridiculous steal deal' and compares it to Meta's bottom in 2022.

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CELH

Sentiment: BUYAction: BOUGHT

Reasoning: Jeremy purchased 100 shares at $35. He states the stock is trading way too cheap at a 24x forward P/E given its double-digit growth trajectory. He believes Celsius will continue to grow regardless of the economic climate and views the drop from $100 as an overreaction.

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ELF

Sentiment: BUYAction: BOUGHT

Reasoning: Jeremy bought 200 shares at $63.30. He argues that a forward P/E of 18 is 'laughable' for a company with consistent double-digit growth, especially since the stock has pulled back roughly 70% from its highs. He expects the stock to outperform significantly over the next few years.

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CAKE

Sentiment: BUYAction: BOUGHT

Reasoning: Jeremy invested $5,500 at $55 per share. He cites a cheap forward P/E of 13 and strong expansion potential through 'Flower Child' and 'North Italia.' His projections show a potential 18-23% CAGR through 2030 based on 7% revenue and 9% net income growth.

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AMD

Sentiment: BUYAction: RECOMMENDED

Reasoning: Jeremy briefly mentions his preference for AMD within the AI space, stating 'You know what I like in AI? AMD, baby.' He notes it has performed well and remains a top pick for him in the tech sector.

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