$PDD Holdings Inc(PDD)$Alibaba and PDD are platforms that generate revenue mainly through commissions and ads. JD is a retailer that generates revenue through sale of inventories. If you understand the business model of each, it'd be easy to understand that JD's P/S will always be lower than both since it records most of its GMV as sales (higher base).A more useful metric is fwd P/GMV or fwd P/E. Right now JD is still the cheapest among the three trading just below 7x (fwd P/E), while PDD is at 7x and Ali is at ~9x. Valuation is now more aligned with their market share rankings and the market is not valuing PDD as the outperformer anymore. I'd be more intrigued on the narrative that this company is now trading at just 7x
$NIO Inc.(NIO)$ Very high volume the past four days in both HK and US.Right before earnings.I am not sure what to make of this. It could be, shorts exiting their positions before earnings. Whales buying in before earnings. Or, nothing at all. Good luck.
$Apple(AAPL)$The big question is what is there to a smartphone to say there is a moat for Apple? Pretty much all smartphones work, they can be made higher end if needed, all of them are similarly reliable, in short they become just another consumer product, like a refrigerator. But have you seen a refrigerator producer with a 3T valuation? No because it is just a commodity product . So equally no smartphone producer should justify a 3Trillion valuation. Then those companies who have ability to market better and produce in scale would come on top, and I am not sure Apple would continue to be the one.
$Broadcom(AVGO)$ There is "risk" in ALL stocks.Broadcom, which participates in ALL aspects of AI, is equivalent to a Tech Mutual Fund without a fee, and with Growing Free Cash Flow and a Growing and Sustainable Dividend...imo.Long Broadcom
$Advanced Micro Devices(AMD)$I think what everyone seems to forget during this AI hype is that AMD Cpus vastly outperform Intel CPUs in all categories - performance, electricity usage and stability. The gap is even wider for servers. Hence the Intel stock crash. See it like Boeings Problems vs the nonexistent problems of Airbus. AMD will gain huge revenue in the coming years from the server cpu segment while companies will make the slow and painful switch from Intel to AMD. AI is a bonus, but the CPUs are their core product.Besides that, the stock remains expensive as is almost any AI related stock at the moment. As a PC builder I can't help having some money allocated to AMD though.
$NIO Inc.(NIO)$Q 2 ER = 100% ++ the NIO SHORT STRATEGY is NOW DESTROYED. Huge long opportunity here, if you have cash and brains. Q 2 is over 60.000 Deliveries. That is 100% ahead of the Q1 numbers that shorts are working with. Then add ONVO and you have a $17 share being painted under $5. NIO is in position to DOUBLE according to CITI and Morgan Stanley.
$Grab Holdings(GRAB)$ like China, SE Asia citizens will likely skip traditional banks that offer digital financial services and transition directly to FinTech platforms, like SeaMoney, GrabPay, and OVO (90% owned by GRAB), as these companies possess unique distribution advantages (Grab Mobility, Shopee ecommerce platform) through which they can sell FinTech offerings seamlessly with low CAC and low customer adoption friction.There's still a huge runway here as digital payments only account for about 50% of total payments volume in the region.
$Marathon Digital Holdings Inc(MARA)$ MARA update:I think this one has bottomed in yellow wave 2 and is on its way to the next green box.It can retrace up to 100% of the wick on August 5th and still be completely fine, $13.66 (green line) is the invalidation for this count.
$SUPER MICRO COMPUTER INC(SMCI)$ NVDA is expected to release earnings on Aug 28. It is highly likely that the stock will start moving up in anticipation. SMCI typically moves in tandem with NVDA. I would be careful shorting SMCI from hereon, more so since it looks oversold for the short-term. - my 2c.
$SUPER MICRO COMPUTER INC(SMCI)$ Folks who have 100 plus shares must play covered calls, selecting target share price 150-200 points above the current share price for collecting primum until we get chance to get out at reasonable losses.For example , SMCI price is 700 then select a target share price of 850-900 in the future target date not more than coming next 2 weeks to earn good premium income.