I believe current Nasdaq is over vaccinated by Fed and some external factors.( interest rates, Russia, supply issue etc) IMO, it's time to buy the underestimated Big tech stock, they still shows strong profit margins and cash flows. Buy the fear, sell the greed. The fear&greed index is 37 now, it's good to buy more if the stock is underestimated :) 1. Solid: AAPL, GOOG, MSFT 2. Still good: BRCM, QCOM, SNPS 3. Not attractive for me but it's obviously good: INTL, AMD, ASML, TSMC 4. Need a little patience(I have the patience): NVDA, TSLA 5. Need big courage(But I don't think it's risky, it's attractive price for me): FB 6. A brave person(Not me):ARKK BTW, What is long term investment?
Marriage to a bag hold stock…..long term
I don't mean "Involuntary long-term investment" lol
MU over TSM
Out of all of those I'd hold MS easy, could probably hold to retirement and be fine. MS is like Thanos, their entrenchment into whatever your domains are is inevitable. As they say if you can't beat em, join em.
Minimal anti trust scrutiny gives it a big edge over others
Only AMD and TSLA out of those for me.
I agree with you OP.. I was looking at the fortune 500 and see Exxon with -23 billion profit while even Amazon was near 20 bn profit, not too mention google at 40+ etc. The common wisdom to "rotate" out of tech because of "money isn't cheap" is ridiculous. So I go into Exxon? How about Johnson and Johnson, nice blue chip. Oh they have 38,000 lawsuits over talc powder and are trying to form a subsidiary to absolve liability. I'll stick with the future
But isn’t XOM market cap like 330B vs 1.6T for AMZN. So how can they both have same profit? I agree with your comment though that future stocks should not be sold off for safety.
Market cap and profit are two different things
None of the tech stock have come low enough. I stick with QQQ
Nobody knows the bottom prices but it seems good prices to buy and hold:) If you think we need wait until the stocks reach the "enough low price", could you share "enough low price" for those stocks? I can't guess the "enough low price" of the stocks..
ADBE
What abt AMZN?
WHAT ABOUT $RLBX?
Do you remember Pokemon cards? Kids traded these, we used our own currencies to buy them from each other, we had BINDERS of these and treasured them. Kids don’t know care about Pokémon card today like they did back then. Are you confident Roblox isn’t going to have a similar story? The 3 year olds of today might be into something else in a few years, especially as tech and marketing keeps evolving (competition). I’d be interested in knowing if older kids are getting younger kids into this. Older kids feel embarrassed about playing games that younger kids are into. So even if there IS a way to pass down the torch, it might discourage older populations. Think about it: there’s no Justice or Child’s Way clothing anymore, the kids just try to go to “older kids” stores. There’s a whole other economy to how kids choose media and it’s complicated, I don’t fully understand this.
Pokemon is one of the biggest game franchises on the planet!!!