The Flip is On‼️ This Stock will move big now

Jeremy Lefebvre Makes Money•Jun 11, 2026

Summary

Jeremy posits that the current market volatility is a natural 'positioning unwind' caused by liquidity moving out of big tech stocks in anticipation of large IPOs like SpaceX. He emphasizes that the 'death' of major chip stocks has been greatly exaggerated and that these companies are entering a new paradigm of earnings growth driven by AI. Jeremy views the broader market as resilient, noting that true FOMO (fear of missing out) has not yet fully entered the tech sector, suggesting further upside potential.

He identifies consumer discretionary as a highly attractive sector, citing negative sentiment and high gas prices as contrarian indicators that suggest a bottom is near. Jeremy also addresses the stagnation in mega-cap stocks like Meta and Netflix, attributing their performance to a lack of clarity regarding capital expenditures and growth excitement compared to the semiconductor industry.

Micron (MU): Jeremy highlights the stock's 11.6% daily gain as evidence of its massive momentum and fundamental strength. He suggests the stock could potentially double from 900 to 1,800 (hypothetical price points used for illustration) within the next six months due to 'insane' earnings numbers. He considers Micron a guaranteed beneficiary of the AI cycle with a transforming business model.

AMD: Jeremy notes an 8% upward move and argues that the stock's growth trajectory is being underestimated by the market. He mentions that he would not be shocked to see the price double from 450 to 900 in the coming months as CPU and GPU demand remains relentless. He views AMD as a core momentum play that will continue to benefit from the shifting tech landscape.

Meta (META): Jeremy labels Meta a 'crap stock' in the short term due to the lack of transparency surrounding its $130-$150 billion capex spending. While he has been a long-term investor since 2011, he insists that the stock will remain stagnant until Zuckerberg explains how this massive investment will generate significant returns. He remains critical of the current spending levels despite the company's strong revenue growth.

Elf Beauty (ELF): Jeremy points out that the stock bottomed at $49 and has already surged over $60, representing a 20% move in just a few days. He believes the stock was significantly oversold and that the current recovery is only the 'beginner stage' of a much larger climb. He sees significant long-term value as the stock recovers from its previous lows.

Netflix (NFLX): Jeremy describes Netflix as a solid growth company but notes it lacks the 'excitement' currently found in chip stocks. He points out that the valuation is reasonable at a 22 forward P/E ratio and mentions that he wouldn't mind buying the stock at these levels. However, he acknowledges that it is currently being overshadowed by the semiconductor trade.

Mentioned Stocks

Sentiment: BUYAction: RECOMMENDED

Reasoning: Jeremy highlights the stock's 11.6% gain and strong momentum. He mentions that the 'death of Micron' was exaggerated and predicts the stock could potentially double from 900 to 1,800 within six months due to insane earnings growth related to AI.

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