6/11/24 - vrockstar - $avgo. in a similar vein as the 
AAPL call being used to "take profits" on 
NVDA - and that's worked great today (go read that note i wrote on friday for context if interested on AAPL)... i think there will be a semi diversification down the not-NVDA-but-next-in-line semis. the only obvious second is $avgo. not 
AMD (sorry), not 
ARM that's going to deliver in a year (lol btw). so at 30x for growing EPS at 20+% CAGR in the coming 2Y... that's 1.5x PEG which is honestly "cheap" for where we are in the nosebleed seats. I think this is the best potential beta esp if we get a positive fed-lets-see-tmr. it has the added kicker of good results that can float a higher low if we go south on macro risk. and it can put in higher highs if we have a macro tide helping and results look good.
chatter about a split too. lol. lego.
i'm long.
AAPL call being used to "take profits" on NVDA - and that's worked great today (go read that note i wrote on friday for context if interested on AAPL)... i think there will be a semi diversification down the not-NVDA-but-next-in-line semis. the only obvious second is $avgo. not AMD (sorry), not ARM that's going to deliver in a year (lol btw). so at 30x for growing EPS at 20+% CAGR in the coming 2Y... that's 1.5x PEG which is honestly "cheap" for where we are in the nosebleed seats. I think this is the best potential beta esp if we get a positive fed-lets-see-tmr. it has the added kicker of good results that can float a higher low if we go south on macro risk. and it can put in higher highs if we have a macro tide helping and results look good. chatter about a split too. lol. lego.
i'm long.
Note
beat, raise, split.lol :)
enjoy my fam. pour one out for the bears. RIP.
V
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.