SoFi is a potential buy under $17 for long-term investors, with the current period possibly being the last chance to acquire it at this price.
Source Post
I'm Buying the Dip on a Stock Everyone Else Is Selling Today
The creator discusses recent earnings reports from major tech companies like Amazon, Reddit, Apple, Google, Microsoft, and Meta. While most companies showed strong performance, Apple's stock pulled back due to its high valuation. The creator also touches on market rebounds, the impact of the Kospi index, and the situation with a hedge fund manager who experienced significant losses. Upcoming earnings from AMD, Oracle, Nvidia, and Micron are also mentioned.
Linked Mentions
Tickers discussed in this post
Micron is mentioned as a company with upcoming earnings, though it's still a ways off.
Nvidia is among the companies with upcoming earnings reports.
AMD is expected to report earnings next week.
Meta is catching a bit of a bid today.
Microsoft is experiencing another small green day.
Google is experiencing a small gain today, up close to 3%.
Apple's stock is down over 8% after reporting earnings, as the creator believes a forward PE of 36 times is too high for a company not growing 20% plus, despite its profitability.
Reddit reported a good quarter, but the stock is down 15-17%, and the creator is considering adding shares while remaining defensive due to Wall Street's reaction to earnings call comments.
Amazon reported a great quarter, and the creator is considering adding more shares despite some concerns from Wall Street, noting that valuation-wise it's still quite okay.
Linked Signals