INVESTORS are about to LOSE THEIR MIND‼️
Summary
Jeremy begins by noting the current market's high volatility, which he terms the "wear out phase," exemplified by stocks like AMD experiencing significant daily swings. Jeremy warns investors against being swayed by short-term price action and becoming traders, stressing the importance of sticking to fundamental analysis and long-term projections. Jeremy acknowledges being "less bullish" on AMD in the longer term due to potential chip over-ordering but still holds the stock based on projections of $900-$1000 in a base case and $1500-$1800 in a bull case over the next few years. Jeremy explicitly states that if AMD reaches $1000 this year, he would sell the vast majority of his shares, reserving some for a very long-term hold (2030+).
Mentioned Stocks
Reasoning: Jeremy is up about $30,000 on Celsius in his public account and sees significant momentum ahead. He addresses concerns about the ongoing legal investigation into Celsius's marketing practices (e.g., targeting children), comparing it to similar high-profile lawsuits and regulatory scrutiny faced by Monster Energy (formerly Hansen's Natural Beverage) in the past. Jeremy believes these challenges are a "right of passage" for large energy drink companies and that as more people understand that this is not as serious as it appears, the stock will gain more momentum. Jeremy views Celsius as a long-term hold with a great future.
Reasoning: Jeremy notes Meta's stock has been "stuck in the mud" recently after reaching over $700. He is excited about Meta's entry into the AI image model race with "Muse image," specifically its potential to enhance advertising effectiveness. Jeremy argues that by providing advertisers with higher Return on Investment (ROI) through AI-driven ad variations, Meta will encourage increased ad spending, thereby driving its own revenue and stock performance. Jeremy acknowledges broader market concerns about AI spending but believes Meta's strategy positions it for future growth. Jeremy considers Meta a long-term hold.
Reasoning: Jeremy believes the upward momentum for ELF Beauty is far from over. He predicts the stock will reach over $100 before the end of 2026, potentially climbing to $120 or even $140. Jeremy notes that any dips in the stock are quickly bought up, indicating strong investor confidence and continued upward potential.
Reasoning: Jeremy describes AMD as being in a "wear out phase" with extreme volatility due to traders and algorithm control, making it susceptible to daily swings (e.g., up 9% due to Goldman Sachs target raise, then down 6% the next day). Despite this, Jeremy advises staying the course based on fundamentals, not price action. He has revised his projections slightly more conservatively, but his base case still sees AMD reaching $900-$1000 per share over the next few years, potentially doubling from current levels. His bull case suggests $1500-$1800. Jeremy is still bullish but "less bullish" longer-term due to concerns about potential chip over-ordering. Jeremy plans to sell the "vast majority" of his AMD shares if the stock reaches $1000 this year (within 6-12 months), while holding a smaller portion for the "super long term" (2030+).
Reasoning: Jeremy believes SoFi's stock performance has been negatively impacted by inflation fears and concerns about rising interest rates affecting its business model. Jeremy expects that as inflation fears die down and the market becomes more bullish on potential Fed rate cuts, SoFi's stock will gain significant momentum. Jeremy predicts seeing a "$20 plus" in front of the stock as it heats up, emphasizing its strong long-term future as a long-term hold for him.