๐Ÿ’ก Stocks of the week (29 Jul-4 Aug)

TigerObserver
08-05

Hey Tigers!

I am Tiger Observer, sharing market information with you! ๐Ÿ”Ž๐Ÿ”Ž๐Ÿ”Ž

I will post the 10 most searched stocks on the Tiger Trade app. Don't miss my updates!!!


Weekly movers:

  • Last week, the U.S. stock market was significantly hit by a series of bearish factors, resulting in a noticeable decline and high market volatility. The technology sector showed a clear downward trend, with $NVIDIA Corp(NVDA)$ , $Tesla Motors(TSLA)$ , and $Advanced Micro Devices(AMD)$ all facing stock price declines. The most noteworthy was $Intel(INTC)$ , whose stock price plummeted by 31.48%, marking the largest drop since at least 1982, directly related to the company's recently announced poor financial report, which triggered investors' concerns about its long-term competitiveness. The cryptocurrency sector was also greatly impacted by the rising market risk-aversion sentiment, with $Coinbase Global, Inc.(COIN)$ 's stock price falling sharply by 15.84%.

    Tigerโ€™s view @Spiders

    $Intel(INTC)$  I would be keen to buy INTC if it falls to around $13. Despite the recent significant drop in INTC stock price, I still believe it remains relatively high given the company's financial performance. Intel has been facing challenges, including declining revenues, which have impacted its stock value. Furthermore, the company is up against strong competition from other industry leaders such as AMD and Nvidia, which have been gaining market share with their innovative technologies and products.

    Considering these factors, I believe that a further reduction in Intel's stock price would present a more attractive buying opportunity. My investment strategy is rooted in the principle of "buy low, sell high" and at its current price, Intel does not yet meet my criteria for a low entry point.

    $Advanced Micro Devices(AMD)$  

    $NVIDIA Corp(NVDA)$  

    Regarding other semiconductor stocks, I am less interested in them at the moment. Many of these stocks are trading at high valuations, reflecting their strong performance and overall growth in the semiconductor industry. However, these high prices do no align with my investment philosophy. I prefer to invest in stocks when they are undervalued or have significant potential for growth, which I believe is not the case for most other semiconductor stocks currently. Therefore, I am waiting for a more opportune time to invest in the sector.


$GameStop(GME)$ $AMC Entertainment(AMC)$ $Faraday Future Intelligent Electric Inc.(FFIE)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ $SUPER MICRO COMPUTER INC(SMCI)$ $Apple(AAPL)$ $Alibaba(BABA)$ $Advanced Micro Devices(AMD)$ $Palantir Technologies Inc.(PLTR)$
Among all the stocks above, are there any that you would most like to buy? Please comment to win Tiger Coins!

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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