NESR is involved in building oil infrastructure, busy with repairs and new routes in the Middle East, benefiting from both domestic energy and international oil booms.
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2 AI Stocks Louie Just Added — Plus the SpaceX IPO Warning Nobody's Talking About
The creator discusses recent market corrections, noting that while some stocks like Nvidia and Sienna are down, the underlying fundamentals remain strong. He suggests that profit-taking and overextended market conditions may have contributed to the sell-off, rather than fundamental issues. The creator also highlights Anthropic as a potentially exciting AI investment, drawing parallels to SpaceX's upcoming IPO, but advises caution with IPOs in general, preferring to wait for a year before investing.
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Tickers discussed in this post
MYRG is a new addition to the portfolio, an electrical contractor helping build data centers, and is a smaller cap stock with potential for dramatic rallies.
Micron is highlighted as a very low PE stock with strong earnings growth potential, making it an attractive investment.
Rocket Lab insiders are mentioned as cashing out, potentially impacting its stock performance and serving as a cautionary tale for SpaceX.
Palantir is mentioned as a company with stunning forecast sales and earnings, and strong recent performance, making Anthropic a direct competitor.
SpaceX's IPO is anticipated, but the creator advises waiting a year to invest due to insider selling risks and the need for fundamental analysis.
Nvidia is mentioned as one of the stocks currently giving up ground during the market correction.