$Advanced Micro Devices(AMD)$ so pretty much on a daily basis we get bull and bear stories on AI related stocks. But what is the reality?
Well my reality is not based on market commentators or analysts opinions. Because they are not accountable. Often sadly their articles are based solely on click bait.
When the ceo of a company comes out and says something, like they expect profits to triple, well I trust that. Why? Because they CAN be held accountable if they intentionally mislead.
In the investment game, knowledge based on fact over opinions rules. I'm betting on AI and space being the next best thing since sliced bread was invented. Space remains the final frontier. And Ai looks like the new Industrial Revolution. But are both over hyped and thus too expensive? Well so far in November, frankly I think there has been quite a nice pullback In the face of predominantly positive news.
When I see incongruities between reality and perceptions of it, well I buy or sell. Right now I'm reducing my positions in some very solid plodders like banking stocks and very established infrastructure companies with long track records. Locking in the profits. And I'm slowly building larger positions in space and AI companies that have a huge amount of future potential already baked into their prices. But that also have massive potential to greatly exceed expectations. $Amazon.com(AMZN)$, $Rocket Lab USA, Inc.(RKLB)$, $gsat, $asts, $iren, $pltr, to name a few. All highly volatile at the moment so every week I just put money into the one or ones that are the least expensive.
And yes buying the stock, not the calls. The volatility in all the stocks mentioned above make even 1 to 2 Year calls too risky for me personally.
@MojoStellar @TigerWire @TigerTrade @TigerTrade
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- snappix·11-13Smart approach! Volatility's a beast but gradual accumulation tames it. Those space/AI bets could rocket long-term 🚀1Report
- Reg Ford·11-13Nervous but on board,dollar-cost averaging AI/space dips weekly!1Report
- Norton Rebecca·11-13Love the thesis! Ditching plodders for AMD/RKLB.AI/space’s future!1Report
