Amazon is mentioned as doing well due to its cloud services division related to AI, but is still part of the struggling consumer discretionary sector.
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7 Stocks I’m Buying HEAVY Right Now September 2026
Aug 30, 2026
Joseph Hogue discusses Nvidia's recent 13F filing, highlighting eight stocks Nvidia is investing in as potential next-generation AI plays. He analyzes Coherent (COHR) as a critical infrastructure provider for AI networking and expresses a negative view on CoreWeave (CRWV), citing its significant free cash flow deficit and historical parallels to obsolete technology leasing companies.
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Tickers discussed in this post
TJX Companies is down 13% year-to-date, reflecting the broader weakness in the consumer discretionary sector.
McDonald's is down 15% year-to-date, contributing to the weakness in the consumer discretionary sector.
Home Depot is down 4% year-to-date, reflecting the broader weakness in the consumer discretionary sector.
Tesla is down 21% year-to-date, contributing to the weakness in the consumer discretionary sector.
Dollar Tree's 18th consecutive comparable sales decline (-0.9%) underscores persistent financial pressures on lower and middle-class shoppers.
Dick's Sporting Goods' earnings miss and comparable sales decline (3.6%) highlight industry inventory issues and consumer caution, causing a >30% stock drop.
Walmart's weak comparable sales growth (2.6%) is a key indicator of consumer weakness, leading to a sell-off and a bearish outlook.
Robin Hood (HOOD) is mentioned as a stock that could benefit from upcoming stablecoin legislation.
Circle Internet Group (CRCL) is mentioned as a stock that could benefit from upcoming stablecoin legislation.
