NEW stock I bought today‼️‼️
Overall Thesis
The creator shares portfolio updates highlighting strong AMD gains and discusses timing for buying Celsius stock at potentially lower prices before upcoming earnings.
Narratives
Jeremy is actively buying Celsius and wants the stock to stay cheap for as long as possible so he can accumulate more shares. He believes the Alani brand is the strongest part of the business while the core Celsius brand needs to return to growth, with upcoming beverage data and earnings serving as major catalysts.
Key Arguments
- Alani is currently the strongest growth driver for the company while the Celsius brand itself has been weak.
- New beverage sales data in 2-3 weeks and earnings in ~2 months are major catalysts that could move the stock significantly.
- If the Celsius brand shows signs of returning to growth, the stock could move up quickly before earnings are even reported.
Jeremy holds a very large AMD position and believes it is entering an unprecedented growth period, with revenue and EPS growth potentially exceeding Nvidia's for the first time since 2019. He expects continued positive catalysts and views AMD as the most exciting mega-cap stock through 2027.
Key Arguments
- AMD management projects the AI total addressable market could reach $2 trillion by 2030 and data center revenue near $70 billion by 2027.
- AMD's EPS is expected to grow triple digits next year and could outpace Nvidia's growth rate for the first time since 2019.
- AMD has a track record of beating analyst revenue and EPS estimates, suggesting official guidance understates real growth.
- The stock is about 13% off its all-time high, leaving room to rally back even without new highs.
Predictions (1)
Jeremy started a new starter position in RH ahead of earnings, citing significant upside from newly-opened flagship locations (Paris, Milan, London) turning profitable and strong ancillary revenue from memberships and restaurants. He acknowledges a weak balance sheet and meaningful downside/bankruptcy risk but sees the stock as a rare potential triple-up opportunity over the next three years.
Key Arguments
- RH has three growth levers: high-end furniture, a profitable membership program, and high-grossing in-store restaurants (e.g., Newport Beach location doing $20M+/year).
- Recently opened flagship international locations (Paris, Milan, London) are shifting from cash drags to profit contributors.
- RH is a historically cyclical stock that has produced huge multi-year rallies (e.g., $20 to $693 from 2016-2021) when bought during downturns.
Jeremy notes Nvidia's fundamentals remain excellent, with management guiding to around 70% revenue growth next year, but the stock is still meaningfully below its all-time high, which he sees as evidence of subdued market sentiment. He does not make a directional price call on Nvidia in this video.
Key Arguments
- Nvidia is guiding toward roughly 70% revenue growth next year.
- Despite strong fundamentals, the stock is about 4.5% off its all-time high, which he cites as evidence of a 'blah' overall market sentiment.
Tesla is cited as an example of weak market sentiment, trading around $360, roughly 26% below its all-time high near $500 and still below its late-2021 peak. No directional prediction is made about Tesla in this video.
Key Arguments
- Tesla trades well below both its recent all-time high and its late-2021 high, illustrating broader bearish sentiment among mega-cap stocks.
Jeremy describes Palantir as being in a 'kangaroo' pattern since topping in the 200s last year, moving up and down without breaking to new highs. He references past instances of investors selling too early but does not make a new directional prediction on the stock.
Key Arguments
- Palantir has failed to make new all-time highs since topping in the 200s last year, moving sideways in a range.
Hedges & Caveats
- Creator acknowledges Celsius could go lower than current price based on historical price action
- Emphasizes uncertainty about timing of price declines ('few weeks? months?')
- Notes that past price lows don't guarantee future performance
- Upcoming earnings identified as major market-moving event for Celsius