Quote (FrenchVanilla @ 1 Apr 2022 10:37)
This is actually not a bad idea. Nvidia imo is a great company but is pricing in a substantial amount of growth already.
This is a tougher one. right now the market is pre pricing in a lot of growth for such a high capex company. but one thing i learned is never bet against Elon.
I have a couple ones im invested in atm. FB i feel is pretty safe at the current price point as long as they can manage to grow 5-10% in the next two years. If they can, itll return somewhere around 15-30% CAGR depending on market enthusiasm over the same period.
The other 2 im looking at, and currently have medium positions in, are WFCF and SMIT. WFCF is very interesting in terms of long term prospects as is SMIT but SMIT is more of a turnaround than WFCF.
On those 2 I feel less comfortable giving predictions because I myself haven't fully completed my analysis on them, but they seem promising so far.
I think long term the chip makers/semi conductors are a good buy!
Personally I’m in both Intel and AMD and try to grab more shares on each decent dip opportunity.
Intel is one the dog of the dows this year. Imo those are relatively safe investments
you can look those up I would start there for buying companies and expand once you gain more market knowledge. (How I started)
For markets we are having a pretty strong bounce rn wouldn’t be buying up here. (Spy and QQQ) Look up the RSI indicator, use it as a guide to gauge if price has dropped to low to quickly. then watch the stock for a few days and see if it stoped at a previous support level, and is holding, then you can start buying. Way I have approached it for a year now growing my dividend portfolio