koolgal
09-14
🌟If I could only choose one side to marry for the rest of my investing life, Buy The Dip speaks to my deepest desire for a good bargain & a heroic comeback story.  A good example is $Tesla Motors(TSLA)$ .  It represents the quintessential, high stakes Buy the Dip scenario.  Tesla is still trading significantly below its 52 week high of nearly USD 500.

I would be buying a stock that plummeted due to recent headline concerns regarding its Cybercab launch.  I am betting Tesla is more than just a car company with exponential growth ahead.

But Chase the Winner is often the brutal reality of how wealth is generated: by backing the champions even when the stock price makes me wince.

$Apple(AAPL)$ is the poster child of Chase the Winner.  Even as critics claim it is too big to keep growing or expensive at P/E ratio of 38, Apple continues its upward momentum, near its 52 week highs.

So I prefer to Chase the Winner as I am betting on innovation & excellence.

@TigerEvents @TigerStars

Wednesday This or That
So today’s question is: If you could only choose one, which would you pick β€” A or B? πŸ…°οΈ Chase the Winner πŸ“ˆThe stock may look expensive, but strong companies can keep getting stronger. πŸ…±οΈ Buy the Dip πŸ“‰The stock has already fallen hard, and the lower price could mean more upside if sentiment turns. Drop A or B below and tell us why πŸ‘‡
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Comments

  • AlanBright
    09-14
    AlanBright
    38x earnings is exactly where I stop calling Apple a bargain. Great business, sure, but that multiple has a nasty habit of pulling forward returns lol
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