Rocket Lab's stock surged after being added to indices, demonstrating the importance of institutional buying pressure for space stocks.
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2 AI Stocks to Buy on the Dip Right Now
Jul 1, 2026
The creator discusses the European Central Bank's stance on AI and its potential impact on financial markets, contrasting it with the US tech sector's growth. He highlights Micron's strong position due to AI demand, despite broader market concerns about valuations, and dismisses Jeremy Grantham's view on market expensiveness.
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Tickers discussed in this post
SMCI is mentioned due to a recent office raid in Taiwan related to servers allegedly ending up in China, but the creator is not worried.
Palantir is a strong buy, considered the best AI application despite valuation concerns and political narratives, with excellent growth forecasts.
MP Materials has strong growth forecasts but faces analyst estimate cuts and high volatility, making it a monitored buy.
Celestica is a very good and safe stock to buy now, with strong sales and earnings growth forecasts, rising estimates, and a significant presence in cloud computing.
Microsoft is mentioned for removing memory from Surface laptops, effectively increasing the price, due to shortages.
Apple is mentioned as a company raising prices on MacBooks and iPads due to memory shortages, with a note on potential iPhone price increases.
Nvidia is mentioned as a comparison point for valuation, trading at a higher multiple than Micron, but its AI demand is implied.
Micron is a strong buy due to its low P/E ratio, 3-year order backlog, and position as a key supplier of high-demand memory chips for AI data centers.