$Broadcom(AVGO)$I won't debate the details but once I pick what appears to be a great company, I back the CEO and don't become a trader. AVGO has a great CEO, and no analyst knows what he will do next. A year ago, I sold some MSFT based on similar advice, instead of trusting the CEO. Nardella surprised by being well positioned for the AI boom. If the Broadcom stock goes down a bit in the short term, who cares? Hock Tan has already delivered me a 340% gain, so he has earned my confidence.
$Apple(AAPL)$ AAPL upgrade by UBS is very important when you look at it (price of stock bumped up by 25%). The Analysts involved are no small potatoes and they generally have done their homework. I used to work for a brokerage/banking/asset management company so I know the process. The stock should have finished at least $5+. We all know that there are some bad hombres here trying to keep price down from going to $225 - $230. The best thing to do is to stay long folks.
$ServiceNow(NOW)$I had the opportunity to buy NOW for the first time in June at $650, and the good fortune to sell it over $800 within a month. I am on the sidelines now but would be an aggressive buyer of NOW under $700 and an aggressive seller over $850. It's certainly a good company that can be traded for its volatility and wide swings.
$SUPER MICRO COMPUTER INC(SMCI)$I say green in a few days. The stock was illegitimately driven down by a short-seller’s specious report and accompanying unfounded rumors surrounding a delayed 10-K. Management has finally addressed both of those issues and says it’s maintaining its promising financial projections. What’s not to like? SMCI is on the way back. Today is just the beginning!
$NVIDIA Corp(NVDA)$I bought another 10 shares yesterday and will continue to buy the dips. I've been tempted to take a profit, but Jim Cramer advises against it. That's because he knows there is no other company that can compete with Nvidia, which is also why the French government calls it a monopoly. With my miserable luck & bad timing, if I sold NVDA now, it would skyrocket tomorrow & keep on soaring. That happened to me when I sold $Tesla Motors(TSLA)$ a few years back. It also happened when I sold $Apple(AAPL)$ about a decade ago. Although I made money with those stocks, I would have been far better off had I not been so imp
$Amazon.com(AMZN)$Investing is all about the fundamentals of the company, right? It's like, if a company is killing it operationally, if it's growing and making smart moves, that's what really counts. The stock price might not skyrocket overnight, and that can be super frustrating, but that doesn’t mean the investment isn’t solid. It’s about owning a piece of a business that’s doing well, not just chasing short-term stock performance. I think a lot of people get caught up in the daily ups and downs and forget that real investing is about the long game. Like with Amazon, if they’re executing their strategy and expanding their reach, that’s where the real value is. So, I’d say focus on the company's performance and stick w
$Amazon.com(AMZN)$AMZN has been an AI company ever since the inception of AMZN. The investment to AI has many applications such as personalized shopping made possible by storing customer purchasing history, advertising made possible by having the largest repository of customer rating and reference data(data on similar products that were bought to provide buying suggestions). Amazon to me looks the safest bet of the mag7 atm.
$NVIDIA Corp(NVDA)$NVIDIA is still very much a thing! In fact, they're a leading player in the tech industry, specializing in designing and manufacturing graphics processing units (GPUs) and high-performance computing hardware.NVIDIA's products are widely used in various fields, including:1. Gaming: Their GeForce GPUs power many gaming PCs and consoles.2. Artificial Intelligence (AI): NVIDIA's hardware accelerates AI computations, making them a key player in the AI revolution.3. Professional Visualization: Their Quadro GPUs are used in workstations for industries like engineering, architecture, and video production.4. Data Centers: NVIDIA's data center products support cloud computing, scientific simulations, and more.5.
$Apple(AAPL)$Forward PE for Apple is 30x. Yes, its higher than the $S&P 500(.SPX)$ forward PE of 21x but given its unique nature it's a hold.Apple really is a unique company. Only other even close is $Microsoft(MSFT)$ . I've owned a little of both for over 25 years. Obviously, wish I bought more of both.The S&P 500 was up 20% in the first 8 months of 2024 including dividends. Amazing year. My 401k is over $3 million. Will never need to touch it. Ignore the Debbie Downers. The stock market...long only for me...is a great way to become wealthy.