PIMPING STOCKS

[Patler]

One of my better investments the past 10 years has also been one of the easiest.

In 2016 I consolidated a couple retirement accounts and had a chunk of money to invest. I knew what I wanted to do with some but not all of it. I was smart enough to recognize that from a long-term perspective a significant portion should be in tech stocks, because that was most likely where the best growth would be, but I was not smart enough to know which ones to buy and how much to risk in each.

My solution was to look for the best performing MF I could find, looking at long term performance (5 year, 10 year, life of the fund), assuming their expertise would far surpass anything I could do in a field I had no expertise in and only a layman's understanding of at the time. I settled on FSELX. I put a good-sized chunk into it in 11/2016 and added a smaller amount more in 6/2019. I have not added since then nor withdrawn any at anytime.

As of yesterday, my holding in FSELX was up 996.38%. Nearly a 10x increase on the combined deposits of 9 years ago and 6 years ago.

I have gone on to buy and sell individual stocks in the tech field as I have learned more about it, but it is still not my strong suit. Luckily, FSELX has done well for me.

Just a quick update on this earlier post of mine.

My investment in FSELX is now up over 1600%.

[Patler]

HOLY CRAP MU

Next Stop 1,000 dollars a share and a stock split in 2026 ?

I was "late" pulling the trigger on MU, so when I finally did buy the stock I also bought some MUU, the 2x ETF. Probably will sell the ETF soon, while continuing to hold the stock.

I did the same with BE, also buying BEX. Have already sold the ETF.

[call_me_ishmael]

What do you guys think about ABNB stock? Seems fairly valued I guess at ~30 PE. I just took a job there. I also had a job offer at COIN but the ABNB one was just so much money and stability (Coin just did a big layoff) that I couldn't pass it up. I will likely sell the stock as it vests where as COIN and XYZ I believe were/are undervalued so I held or would hold.

[bobblehead]

ABNB is probably modestly overvalued, but not significantly. If the market stays hot it will climb, but weakness will get exposed and probably drop more than the broad market.

That said I have initiated a position in APP (applovin). Love the business, smart management and the math works. They have projected growth over 60% rest of this year and over 30% going forward. Priced up at 40x, but that could drop to a very reasonable 30x by end of 2027 and still hand you 20% annual returns. It could also continue to trade at a premium to growth and be even better, but I think 20% is extremely likely. I'm also open to the possibility of earnings beats due to superior management team and business platform. This is what I aim for. 20% likely with opportunity to be much better.

[Bretsky]

OK STOCK HOMIES; wanted to throw out a list of stocks and ask for viewpoints and/or if you like, or dislike these. I put these on my watchlist about 12 months ago and to my frustration most have exploded in the past six months.

IONQ Inc (Quantum)
QBTS- (DWAVE Quartum)

NVTS (Navitas Semiconductor)

NBIS (Nebius Group)

CRWV (Coreweave)

SIMO (Silicon Motion Technology

ARM-- (ARM HOLDINGS) Think this is a solid buy and we should have seen this one coming over the others

As you now, Risk is not an issue with me; I think these are a list that are showing incredible growth, that provide insane upside.

Curious for thoughts on any/all

[call_me_ishmael]

I own NBIS. Think it's probably over priced right now but presumably it will work out on a long timeline.

I hear an awful lot about IONQ but don't own it. Coreweave too.

I think you can't go wrong with anything related to the AI build out. Feels too early for Quantum computing stuff IMO but who knows.

[bobblehead]

Well, got my instant gratification on APP, but man oh man, Micron is starting to be valued as a non cyclical. I sold a bunch of covered calls for 1200 but still own a lot of unencumbered. Had to buy my 750 covered calls at a loss today because the math made sense and I'd rather hold on to it. Their almost has to be leaked information about the earnings later this month for this to suddenly have happened. My guess is they signed a shit load of 3+ year contracts and are sold out through 2027 already.

[Bretsky]

IT's been a good few few months

I have been pimping CrowdStrike to friends for a couple years and that one has taken off lately too AMD as well. I actually feel bad for not selling more Nvidia to buy more of the smaller growth crazies.

The high flyers are leaving the oldie/stables ones in Amazon, Google, and Microsoft in the dust

One day at a time thought. Bobble, why haven't you dipped into ARM Holdings ? I have been watching it. I think we both missed the boat there

[bobblehead]

IT's been a good few few months

I have been pimping CrowdStrike to friends for a couple years and that one has taken off lately too AMD as well. I actually feel bad for not selling more Nvidia to buy more of the smaller growth crazies.

The high flyers are leaving the oldie/stables ones in Amazon, Google, and Microsoft in the dust

One day at a time thought. Bobble, why haven't you dipped into ARM Holdings ? I have been watching it. I think we both missed the boat there

NVDA is undervalued. You can feel good holding it. I can't imagine a situation where its not well over 250 and near 300 by end of year. If it were to flatline it would be valued at a 25 P/E at year end with 38% growth projected for 2027. That is just hard to imagine the market allowing.

[bobblehead]

One day at a time thought. Bobble, why haven't you dipped into ARM Holdings ? I have been watching it. I think we both missed the boat there

So ARM was trading at over 100 P/E with growth thru 2028 under 100%. That is simply overvalued. The fact that it then ran up to over 200 P/E just means the market is fucking stupid. I don't call that missing the boat, I call it missing whatever the fuck those guys were smoking. I don't short stocks for a variety of reasons, but if I were to short a stock that would be a candidate.