You missed $AMZN when it fell 94% in 2001.
You missed $META when it fell 77% in 2022.
Don't miss these 4:
1. $ORCL: -57%. The cloud powering AI for OpenAI, Meta, and more.
Think people are underselling this and the impact it has. Are they still the company with the most advanced chips in the market? Yes, and if it gets ridiculously more cheap, I'd buy back in for sure.
But we are in a narrative market unfortunately; $MU trades at like 3.5x fwd p/e!!! Because of narrative.
It was a founder led company, and the fact that Jensen was viewed so highly and EVERY connection in the world. It could stay in this price range for the near term future.