My NEW Top 3 Stocks to Buy Now‼️
Summary
Jeremy opens by expressing optimism about his public account, noting a six-figure gain. He outlines several key topics, including his portfolio strategy, reactions to market commentary, and his top stock picks. He emphasizes a long-term investment approach, consistently adding to positions rather than trying to time market fluctuations. Jeremy acknowledges Jim Chanos's concerns about an impending wave of massive IPOs from companies like SpaceX, Anthropic, and OpenAI in 2026, which historically signal market tops. While he agrees these could indicate a short-term market top within the next six months, he advises against waiting for a correction, suggesting that the market could still rally significantly before any downturn.
He differentiates Elon Musk's companies, like SpaceX, from traditional businesses, noting their valuations are often driven by hype and long-term vision rather than immediate fundamentals. Jeremy argues that a significant drop in these stocks would require both a broader market downturn and negative sentiment specific to them. He also highlights Chanos's rare positive assessment of Starlink, valuing it at 'a couple hundred billion dollars,' which Jeremy sees as a testament to its potential. A severe market crash, Jeremy explains, requires multiple compounding factors, similar to the 2022 downturn with high inflation, rapid rate hikes, and an earnings recession.
Key stock discussions include:
Mentioned Stocks
Reasoning: Jeremy is 'loaded up' on Nike across all his portfolios, despite it currently being a 'holdback' with losses. He believes he will be right about Nike, expecting a multi-year run that will significantly boost his portfolio returns. He considers Nike a dividend stock and a brand that becomes more successful decade after decade, feeling comfortable holding it for the next 10-20 years. He believes Nike will exit this decade more successful than the previous one.
Reasoning: Jeremy views Celsius as a 'great opportunity' and a 'huge long-term opportunity.' He suggests it's similar to the SaaS stocks in that investors have a significant long-term timeframe to continuously build out their positions, implying consistent buying over time.
Reasoning: Amazon is a big position for Jeremy. He views it as a great long-term buy with a long runway of growth. However, he warns that massive capital expenditures on chips will lead to significant depreciation over the next 5-6 years, impacting GAAP earnings per share growth in the short term. He states that earnings per share growth will be 'extremely weak compared to previous years,' and advises investors not to get hyped about the stock's performance for the next year or two, despite its low forward P/E.
Reasoning: Meta is a big position for Jeremy. He views it as a great long-term buy with a long runway of growth. However, he warns that massive capital expenditures on chips will lead to significant depreciation over the next 5-6 years, impacting GAAP earnings per share growth in the short term. He states that earnings per share growth will be 'extremely weak compared to previous years,' and advises investors not to get hyped about the stock's performance for the next year or two, despite its low forward P/E.
Reasoning: Jeremy identifies Elf Beauty as an 'incredible long-term opportunity' in the market, expressing strong optimism for its future potential.
Reasoning: Cheesecake Factory stock is running incredibly strong, up $121,000, which Jeremy finds 'ridiculous' and 'fishy.' He suspects a large buyer is accumulating a significant position, potentially recognizing the future growth potential of its two growth concepts, Flower Child, which are expected to take off across the U.S. over the next 5-10 years. He notes the stock's abnormal strength even on weak market days.
Reasoning: AMD is a very large position, with Jeremy's public account up almost $1.1 million. Jeremy projects a base case minimum price target of $1,200, a bullish case of $1,600, and a bull case exceeding $2,000 in the next few years. He anticipates 'shock and awe' guidance and margins in the upcoming two quarters, expecting a 'blowoff top' due to strong underlying business fundamentals and analysts being behind the curve. He believes there is 'a lot more juice to squeeze' and that the stock shows incredible strength even on weak market days.
Reasoning: Jeremy sees SoFi as a 'huge long-term opportunity,' believing it 'should become a financial giant over the next decade.' He finds it 'very exciting to own that sort of opportunity.'
Reasoning: Jeremy views Revolve as 'one of the best opportunities in the market for a small cap stock.' He highlights its 'top tier income statement' and 'top tier balance sheet,' along with a great management team and a strong customer base. He calls it a 'niche company, but man, it's a winner, it's a chicken dinner.'
Reasoning: Salesforce is currently seen as 'sucking' and disrupted by AI in the short term. However, Jeremy believes it will be a huge long-term beneficiary of AI, predicting that money will rotate into these SaaS companies once the excitement around chip stocks subsides. He advises long-term investors to use the next 6-9 months to 'load up shares' and build significant positions, expecting substantial returns in 2027 and beyond.
Reasoning: Estee Lauder is up $28,000 for Jeremy. He describes it as 'still very early' with a 'long runway of growth for years to go in the future,' highlighting it as a 'great opportunity' in the market. It previously was down big, broke even, and is now building profits.
Reasoning: Jeremy notes that FuboTV's financials are in the 'best place they've ever been' since he invested in the company, yet the stock itself is 'not so pretty.' He hopes that 'someday maybe they get some respect,' indicating a long-term, somewhat speculative hold rather than a strong buy recommendation.
Reasoning: Jeremy has built American Express into a significant position, now over 4% of his portfolio, despite only modest gains of $3,300 so far. He expresses strong confidence, stating he feels 'very comfortable' holding the stock for many years into the future.
Reasoning: Jeremy notes that Palantir's stock price 'sucks' despite the market being near all-time highs. He previously warned about its rich valuation last year, leading him to sell many of his shares. While he believes Palantir is a 'great company' with great products, positioned to thrive for years, he points out that decelerating revenue growth, even from high levels (e.g., from 85% down to 50%), is difficult for investors to digest. He expects it to go on a run when other SaaS stocks do.
Reasoning: Service Now is currently seen as 'sucking' and disrupted by AI in the short term. However, Jeremy believes it will be a huge long-term beneficiary of AI, predicting that money will rotate into these SaaS companies once the excitement around chip stocks subsides. He advises long-term investors to use the next 6-9 months to 'load up shares' and build significant positions, expecting substantial returns in 2027 and beyond.
Reasoning: Jeremy describes PayPal as a 'very cheap stock' but expresses uncertainty about when it might 'get it together,' suggesting a neutral outlook despite its low valuation (at like 84 P).
Reasoning: Jeremy considers The Honest Company a 'great opportunity' in the market. He believes the stock will exit this year at $5+ and continue to build momentum over the next several years. He anticipates good numbers for the next quarter and even better margins and profitability, along with organic growth, in the subsequent quarter.
Reasoning: Jeremy notes that Google 'continues to just be a stock people want to own' and states that its 'numbers are great,' indicating a strong, positive sentiment towards the company.
Reasoning: Jeremy explicitly states that Netflix is his 'newest buy,' indicating a recent personal transaction and a positive outlook on the stock.