Buy or bye?

pekss
08-17

I like Elon Musk's vision to transform $Tesla Motors(TSLA)$   into an artificial intelligence colossus over time. Growing electric vehicles sales, soaring energy storage revenues and a future filled with its humanoid robots are signs of rising market dominance of the EV technology leader. Prevailing short-term price weakness may present an opportunity to accumulate for long-term growth.

Big techs like $Microsoft(MSFT)$ $Apple(AAPL)$ $Alphabet(GOOG)$  and $Meta Platforms, Inc.(META)$ have suffered deep losses, after relatively underwhelming earnings results. Alphabet is also facing a lawsuit by the regulators threatening to split the giant. However, I believe that the panic selling and chain reaction are overdone; with high expectations, it is inevitable that even seemingly good results fail to impress the market. With their fundamentals remaining strong and given their strong market dominance and leadership in their respective businesses, I'm confident that their stock prices will recover over time and I'm optimistic that Microsoft, Apple, Alphabet and Meta Platforms will drive their stock prices to greater heights. For now, their recent price weaknesses offer an opportunity for me to gain exposure to the strength of these big techs.

💰 Stocks to watch today?(22 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
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.

Comments

  • glowzi
    08-20
    glowzi

    How much of the price of Tesla is the Musk effect? He’s definitely gone against the typical EV buyers by supporting Trump.

  • wubbie
    08-20
    wubbie

    MSFT is best of breed and a coiled spring about to leap higher in my opinion… a sleeping giant about to be woken up!

  • happygo
    08-20
    happygo

    won't be long before MSFT crosses the $450 price again.

  • snugglo
    08-20
    snugglo

    MSFT is no-brainer AI stock to buy

Leave a comment
4
10