To The Moon

In less than three trading days, NVIDIA Corporation shares continued to fall from a high of $140.76, plunged 6.68% again on June 24, the biggest drop in two months, the last three trading days has evaporated $557.1 billion, the total market value fell back below $3 trillion, a decline of nearly 16%.

Beyond Nvidia: What Is Your Next Best Choice? Are high-value stocks worth buying? Outside of nvda which stock do you favor?

Below are some insights from Tigers @nerdbull1669 @Samlunch @FlyingMice and @orsiri. Which opinions do you agree with？

🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution.

Click titles to read the full analysis:

1. @nerdbull1669 : Stocks To Watch：$CCL, $FDX, $MU

Key Points:

• $Carnival(CCL)$ led the S&P 500, rising 8.7% on better-than-expected earnings, revenue, and guidance, with Norwegian Cruise Line (NCLH) up 5.1% and $Royal Caribbean Cruises(RCL)$ up 4.0% in sympathy, while $Pool(POOL)$ fell 8.0% after cutting FY24 guidance.

• $FedEx(FDX)$ experienced a significant post-market surge on Tuesday after beating consensus estimates with its Q4 earnings report, reporting a 0.9% YoY revenue increase to $22.1 billion, EPS of $5.41, and operating income of $1.87 billion.

• $Micron Technology(MU)$ is expected to surpass Wall Street estimates for Q3 due to increased AI exposure, higher DRAM pricing, and market share gains in high bandwidth memory chips, with projected EPS of $0.53 on $6.67 billion in revenue.

2. @Samlunch: Micron growth likely to go hand in hand with Nvidia's.

Key Points:

• Micron growth likely to go hand in hand with Nvidia's as news has come out that GPUs are DRAM hungry as well. 

• Be it Hopper or Blackwell or Rubin from Nvidia, or Google's TPUs, or Apple's M series chips, or Tesla's Dojo - they will all need DRAM. 

• Bear in mind memory is very cyclical, capacity tends to get built out in excess, and the glut in supply leads to drop in prices so revenue growth slows. 

• I think we are still in the ramp up phase so we should see Micron perform well for 2-3 quarters.

3. @FlyingMice : $MU will be the next bottleneck for these high end chips.

Key Points:

• $NVIDIA Corp(NVDA)$  The gold standard of AI, hands down unrivaled. took some profits and willing to enter again on retracement. A win is a win only if you have taken profits!

• Would also look at other parts of the value chain e.g. $Micron Technology(MU)$ in which memory will be the next bottleneck for these high end chips.

• Be wary of datacentre plays e.g. $SUPER MICRO COMPUTER INC(SMCI)$  since there are others $Dell Technologies Inc.(DELL)$ $Hewlett Packard Enterprise(HPE)$  that also want a piece of the pie.

4. @orsiri: $MSFT, $AMZN,$JNJ: Highs aren't always hazardous.

Key Points:

• A stock at a historical high isn't necessarily overvalued. For example, Microsoft's continuous innovation and growth justify its rising stock price.

• Amazon’s earnings have consistently soared, driven by a revolutionary e-commerce model and the success of AWS. Their focus on customer experience and innovation sets them apart in the digital marketplace, highlighting the company's intrinsic value beyond its current stock price.

• In low-interest times, Johnson & Johnson’s stability, diverse portfolio, and strong R&D commitment drive long-term growth and attract dividend-seeking investors.

Questions for you:

Beyond Nvidia: What Is Your Next Best Choice?

Are high-value stocks worth buying? Outside of nvda which stock do you favor?

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⏰Duration

• 3 Jul (24pm EDT)