Avis Budget Group is characterized as a meme stock that saw a parabolic rise and subsequent sharp decline, not a recommended investment.
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After Hours w/ Mark Roussin - What Should Investors be BUYING?
Mark Roussin, CPAApr 23, 2026
The creator discusses a generally red market day with a focus on the software sector, noting that stocks like ServiceNow (NOW), Salesforce (CRM), and Zscaler (ZS) are down significantly. While acknowledging that valuations are low, he advises caution and small position sizing for long-term investors, stating he is not jumping into these stocks aggressively at this time.
Linked Mentions
Tickers discussed in this post
Marvell is a high-conviction buy, trading at new highs and up 80% in one month, showing parabolic growth.
Micron is a strong buy, having pulled back and now trading near all-time highs, up 13% in a month.
Pinterest is mentioned as having cut nearly 15% of its workforce.
Atlassian is mentioned as having cut 10% of its workforce.
Oracle is mentioned as a company that has discussed intentions to cut jobs.
Dell is listed as a company intending to cut jobs, with 11,000 layoffs mentioned.
Amazon is mentioned as a company planning job cuts, with 16,000 layoffs discussed.
Meta announced plans to lay off 10% of its workforce and canceled plans to hire 6,000 new employees.
Microsoft is planning a voluntary buyout to reduce its workforce by 7%.
Zscaler is down significantly, valuations are low, but the creator advises caution and small position sizing.
Salesforce is down significantly, valuations are low, but the creator advises caution and small position sizing.
ServiceNow is down significantly, valuations are low, but the creator advises caution and small position sizing.