This Stock is Next to make NEW$millionaires‼️
Summary
Jeremy provides a comprehensive analysis of the current market mechanics, specifically highlighting a rotation where capital is moving away from previously hot semiconductor stocks and into software-as-a-service (SAS) plays. Jeremy observes that while companies like AMD and Micron are showing technical weakness with 'lower highs,' software giants like Salesforce and ServiceNow are catching a strong bid. Jeremy suggests that this trend might reverse in the fourth quarter as big tech companies set new capital expenditure budgets for 2027, potentially fueling a renewed run in chips.
Jeremy also discusses his personal investment strategy, which prioritizes a multi-year horizon over short-term gains. Jeremy evaluates potential new positions, specifically looking at Hims & Hers, but ultimately decides to wait due to a 'very ugly' earnings report where operating expenses outpaced revenue growth. Jeremy emphasizes building a portfolio of 'clean stories'—businesses with predictable margins and clear growth paths. Additionally, Jeremy mentions that if interest rates fall, real estate-sensitive stocks like RH, Pool Corp, and Whirlpool are primed for significant runs over the next few years.
Mentioned Stocks
Reasoning: Jeremy considers Celsius a stock that could triple, quadruple, or 5x over the next five years. Jeremy states that when the stock is in the $20s, it is 'very darn attractive' for long-term investors.
Reasoning: Jeremy is highly positive on Cheesecake Factory due to its massive gains and the growth potential of secondary concepts like Flower Child and North Italia. Jeremy suggests the stock could undergo a valuation rerating as investors begin to pay a higher premium for its growth.
Reasoning: Jeremy notes the stock is technically weak and down 19% from highs, yet Jeremy remains bullish for the long term. Jeremy mentions that the strongest time for semiconductors is between October and February, suggesting the current 'doldrums' of summer might be a good buying window for those with a long-term view.
Reasoning: Jeremy likes Estee Lauder as an investment for the next several years, particularly when the price is under $100. Jeremy states the company is showing the right numbers to justify the investment and anticipates a long way to go for the stock.
Reasoning: Jeremy calls Netflix the 'cleanest story' in Big Tech with predictable subscriber and ad growth. Jeremy views the stock as a great investment at current levels and appreciates its durable business model.
Reasoning: Jeremy is interested in the company's long-term potential in telehealth but is avoiding the stock for now due to an 'F plus' earnings report. Jeremy notes that operating expenses grew 48% while gross profit only grew 16%, making other stocks like Netflix or Celsius more attractive currently.