NEW stock I bought today‼️‼️
Summary
Jeremy begins by highlighting that Jeremy's public portfolio closed at a record $4.84 million, with AMD contributing significantly to these gains. Jeremy moves into a detailed analysis of market sentiment, noting that despite the market's upward trajectory, investor sentiment remains uncharacteristically bearish, with many major assets still trading well below their all-time highs.
Mentioned Stocks
Reasoning: Jeremy views the current price as cheap and suggests a buying range between $27 and $33. Jeremy notes that an entry point around $25 or lower would be historically consistent and an excellent opportunity. Jeremy expects the stock to react strongly to beverage data in 2-3 weeks and earnings in 2 months.
Reasoning: Jeremy expects AMD to exhibit triple-digit earnings growth by 2027 and believes Jeremy will see the stock outpace Nvidia in growth percentages. Jeremy sets a price target of $750 possible before Q2 and identifies the $520 level as a critical breakout point to end the current trend of lower highs.
Reasoning: Jeremy explicitly states that Jeremy bought 420 shares today at $142.43 as a starter position. Jeremy is bullish on the company's luxury furniture brand, its membership model, and its high-end restaurants, seeing significant potential upside despite the risk of buying right before earnings.