Tesla is a fascinating company with innovative potential, but a significant amount of future success is already baked into its valuation, making it difficult to justify solely as an automaker, so the creator is waiting for the valuation to make sense.
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3 Stocks I’m Waiting to CRASH Before I Buy
The creator discusses three stocks on their watchlist that they are waiting to buy at a lower price due to current valuations being too high. The first stock mentioned is Robinhood (HOOD), which the creator believes is transforming into a financial super app with strong customer and asset growth, profitability, and impressive Rule of 80 metrics. However, the creator is hesitant to buy at current prices because the market is already aware of these positive developments.
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The creator already owns CrowdStrike but finds its current valuation unattractive, despite acknowledging its strong position in the growing cybersecurity market.
Robinhood (HOOD) is becoming a financial super app with strong growth and profitability, but the creator is holding off on buying due to current prices reflecting this positive outlook.
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