Insane Stock Price Deals are Coming‼️
Summary
Jeremy provides an outlook for a 'stuck' market in September, noting that the NASDAQ 100 and major tech stocks are hitting resistance. Jeremy explains that Nvidia's margins have little room to grow, while companies like Microsoft, Meta, and Google are spending so heavily on AI that it could hurt future earnings per share and free cash flow. Jeremy anticipates that September will be a volatile month with a high probability of a downward move, providing an entry point for long-term investors. Jeremy mentions that the average return for the QQQ in September over the last decade is negative 1.5%.
Jeremy focuses on several specific stocks during this market phase:
Mentioned Stocks
Reasoning: Jeremy labels Celsius as one of the best buys in the entire stock market. Jeremy states that he is 'gobbling up' as many shares as possible, specifically identifying the price range between $28 and $33 as an excellent entry point.
Reasoning: Jeremy argues that Nvidia is stuck because its margins have reached a ceiling with no realistic room to grow. Jeremy notes that investors are concerned about revenue stagnation in 2028 and 2029, making it difficult for the stock to move higher currently.
Reasoning: Jeremy expects AMD to go on an absolute 'ripper rally' before the end of the year. Jeremy believes that analysts are premature in announcing the death of growth for semiconductor stocks like AMD and Micron.
Reasoning: Jeremy believes the partnership with Anthropic fundamentally changes the valuation thesis for Salesforce. Jeremy states that the company now has the potential to reach a trillion-dollar market cap over the next 5 to 10 years.
Reasoning: Jeremy states that Palantir's valuation remains rich and the stock is likely to stay stuck in a range between $125 and $200 for several years. While Jeremy previously loaded up on shares at much lower prices ($7-$10), Jeremy views the current price as stagnant.