@stevehill1mil If you aren’t comfortable with volatility don’t invest bro. This is the price you pay for higher returns long-term. Put your money in an index fund if you are concerned
Take in if they re-negotiate LLM contracts their revenues would basically double overnight
Forward analyst estimates CLEARLY are not factoring that in here...
$RDDT
@katehooperx Start with a global all world etf once you feel comfortable with volatility and if you happy to do a bit more research then explore individual stocks (more upside but carries higher risk)
I bought $RDDT and $SHOP.
Reddit has been a name that’s always been on my watchlist, first real deep dive I did was at $230 and I stayed away because of valuation.
I think valuation concerns are more than resolved given the company has continued to grow and the stock has continued to go down.
Shopify has a more expensive valuation but I do not think the street is accurately pricing in their role in agentic commerce and really it’s quite laughable how aggressively the street is ignoring the quarter they just put up.
Both are absolutely massive compounders with accelerating growth that are down 40% YTD because they aren’t semiconductors.
Hoping they fall another 20% to add more.
Sold puts on $SHOP one month out for $90 and $RDDT at $130. Entry price on $RDDT is $142.57 and on $SHOP is $103.85.
I also love that both businesses are still run by their founders.
Looking to actually hold these names over the coming years so dips are likely and if the SaaS selloff or broader rotation out of anything semis gets worse than I would gladly welcome better prices.