Tom Lee Just Warned of a 20% Crash… While Stocks Are Ripping

ServiceNow presents an interesting risk-reward opportunity as a software catch-up name, with strong underlying business fundamentals, excellent profitability, and a strategic repositioning as an enterprise AI platform, despite recent stock punishment.

Meta is a high-quality business with a capital allocation question; while the core ad business is strong and AI is improving performance, the market is concerned about massive AI spending and rising debt, making it a battleground stock.

Uber is a strong buy due to resilient consumer demand, significant growth in bookings and free cash flow, and improving profitability, indicating a maturing platform business.

Micron has recovered aggressively over the past month, reflecting the broader market's risk-on rebound.

Broadcom has recovered aggressively over the past month, indicating its participation in the market's risk-on rebound.

Microsoft has recovered aggressively over the past month, contributing to the overall market rebound.

Apple has moved sharply, up over 6% in the past week, demonstrating strong performance within the current market rally.

Amazon is holding up well and has moved strongly over the past week, indicating its participation in the market's recovery.

Tesla has seen a 7% increase over the past week, contributing to the market's upward trend.

Nvidia is mentioned as a strong AI leader with significant gains, but the semiconductor sector overall has gone vertical, indicating potential overextension.