Alex Invests

📈Fundamental investor/stock picker 📚 Lynch and Munger disciple 💼 Top holdings: $NVDA $GOOG $NFLX $UBER $AMZN $APP

[Alex Invests @stockpickerspb]

AppLovin vs. Mag 7

For reference on the absolute insanity of $APP margin expansion, here it is compared to the Mag 7. Follow the baby blue line. From unprofitable 3 years ago to 76% Operating Margin.🤯

[Alex Invests @stockpickerspb]

@philoinvestor Not going to say it couldn’t happen 😬

[Alex Invests @stockpickerspb]

@DeepValueBagger Nicely done. I was buying as well. 👌

Thoughts on Sony for physical AI?

[Alex Invests @stockpickerspb]

$SONY
"Sony's image sensors have evolved as electronic eyes that accurately capture the real world"

For those bullish on physical AI in the next few years (which I am), the excerpt below is worth reading from Sony's May earnings call regarding its image sensor business, which currently represents ~16% of total revenues.

Sony is partnering with $TSM in a new joint venture for next-generation image sensors "to explore emerging new opportunities in physical AI applications, such as automotive and robotics, paving the way for future growth innovations and expanding technological advancement."

From May 2026 earnings call:
"Sony's image sensors have evolved as electronic eyes that accurately capture the real world, driven by our relentless pursuit of fundamental advancement that go beyond competing on specifications alone. Our number one priority is to deliver the best possible imaging experience for our customers.

To do so, we scrutinize and optimize every aspect of the sensor from the pixel structure, stacking and layering technologies through to the circuitry processes and final packaging. Sony possesses deep expertise cultivated over many years in the analog domain, spanning design, development, and manufacturing, together with our comprehensive ability to integrate and refine these elements as a whole. This is our competitive strength, and it's not something that can be easily replicated.

Starting from our core mobile applications, we are developing higher density by advancing process technologies with enhanced fabrication precision together with stacking technologies to further improve performance. At last year's Corporate Strategy presentation, I discussed our direction for pursuing growth in the I&SS business and improving profitability with a strong focus on financial discipline.

As part of that effort, today we announced the signing of a non-binding memorandum of understanding with TSMC to form a strategic partnership for the development and manufacturing of next-generation image sensors. Under the proposed partnership, we intend to establish a joint venture with Sony being the majority and controlling shareholder to set up development and production lines in Sony's newly constructed fab in Kōshi City, Kumamoto.

As part of our partnership, we intended to explore emerging new opportunities in physical AI applications, such as automotive and robotics, paving the way for future growth innovations and expanding technological advancement."

[Alex Invests @stockpickerspb]

@StockSavvyShay @VanquishTrader Thoughts on $SONY?

[Alex Invests @stockpickerspb]

$SONY
"Sony's image sensors have evolved as electronic eyes that accurately capture the real world"

For those bullish on physical AI in the next few years (which I am), the excerpt below is worth reading from Sony's May earnings call regarding its image sensor business, which currently represents ~16% of total revenues.

Sony is partnering with $TSM in a new joint venture for next-generation image sensors "to explore emerging new opportunities in physical AI applications, such as automotive and robotics, paving the way for future growth innovations and expanding technological advancement."

From May 2026 earnings call:
"Sony's image sensors have evolved as electronic eyes that accurately capture the real world, driven by our relentless pursuit of fundamental advancement that go beyond competing on specifications alone. Our number one priority is to deliver the best possible imaging experience for our customers.

To do so, we scrutinize and optimize every aspect of the sensor from the pixel structure, stacking and layering technologies through to the circuitry processes and final packaging. Sony possesses deep expertise cultivated over many years in the analog domain, spanning design, development, and manufacturing, together with our comprehensive ability to integrate and refine these elements as a whole. This is our competitive strength, and it's not something that can be easily replicated.

Starting from our core mobile applications, we are developing higher density by advancing process technologies with enhanced fabrication precision together with stacking technologies to further improve performance. At last year's Corporate Strategy presentation, I discussed our direction for pursuing growth in the I&SS business and improving profitability with a strong focus on financial discipline.

As part of that effort, today we announced the signing of a non-binding memorandum of understanding with TSMC to form a strategic partnership for the development and manufacturing of next-generation image sensors. Under the proposed partnership, we intend to establish a joint venture with Sony being the majority and controlling shareholder to set up development and production lines in Sony's newly constructed fab in Kōshi City, Kumamoto.

As part of our partnership, we intended to explore emerging new opportunities in physical AI applications, such as automotive and robotics, paving the way for future growth innovations and expanding technological advancement."

[Alex Invests @stockpickerspb]

The image sensor in your iPhone comes from $SONY. If physical AI is the future, imagine what this could mean for Sony’s image sensor business, which is the market leader. Incredible opportunity in automotive and robotics.

Combined with Sony’s new joint venture with $TSM, this could be very interesting.

I am in the early stages of looking into this one 🤔. Anyone have thoughts on Sony?

[Tim Cook @tim_cook]

We’ve been partnering with Sony for over a decade to create the world’s leading camera sensors for iPhone. Thanks to Ken and everyone on the team for showing me around the cutting-edge facility in Kumamoto today.

[Alex Invests @stockpickerspb]

$SONY
"Sony's image sensors have evolved as electronic eyes that accurately capture the real world"

For those bullish on physical AI in the next few years (which I am), the excerpt below is worth reading from Sony's May earnings call regarding its image sensor business, which currently represents ~16% of total revenues.

Sony is partnering with $TSM in a new joint venture for next-generation image sensors "to explore emerging new opportunities in physical AI applications, such as automotive and robotics, paving the way for future growth innovations and expanding technological advancement."

From May 2026 earnings call:
"Sony's image sensors have evolved as electronic eyes that accurately capture the real world, driven by our relentless pursuit of fundamental advancement that go beyond competing on specifications alone. Our number one priority is to deliver the best possible imaging experience for our customers.

To do so, we scrutinize and optimize every aspect of the sensor from the pixel structure, stacking and layering technologies through to the circuitry processes and final packaging. Sony possesses deep expertise cultivated over many years in the analog domain, spanning design, development, and manufacturing, together with our comprehensive ability to integrate and refine these elements as a whole. This is our competitive strength, and it's not something that can be easily replicated.

Starting from our core mobile applications, we are developing higher density by advancing process technologies with enhanced fabrication precision together with stacking technologies to further improve performance. At last year's Corporate Strategy presentation, I discussed our direction for pursuing growth in the I&SS business and improving profitability with a strong focus on financial discipline.

As part of that effort, today we announced the signing of a non-binding memorandum of understanding with TSMC to form a strategic partnership for the development and manufacturing of next-generation image sensors. Under the proposed partnership, we intend to establish a joint venture with Sony being the majority and controlling shareholder to set up development and production lines in Sony's newly constructed fab in Kōshi City, Kumamoto.

As part of our partnership, we intended to explore emerging new opportunities in physical AI applications, such as automotive and robotics, paving the way for future growth innovations and expanding technological advancement."

[Alex Invests @stockpickerspb]

@fiscal_ai feature request: Forward PE in the Dashboard to reflect the multiple based on current stock price, as opposed to price at most recent quarter end. Is there a way to do this now?

[Alex Invests @stockpickerspb]

I just added to $NFLX, but it could certainly go lower. The market sold it off to ~15x in 2022.

While I do not believe it is likely, I am prepared for the possibility that we see the $50's. But I am not waiting around for it. Happily adding shares now.

[Alex Invests @stockpickerspb]

$PLTR
At $100, I’m buying. Hoping for a chance to finally redeem myself after selling at $75 🤣

[Alex Invests @stockpickerspb]

@vanazadian Strongly agree 👍

[Alex Invests @stockpickerspb]

$NFLX
Added shares at $73 to increase my position by 20%.

Netflix is simply one of the best businesses in the world. The flywheel gets stronger every year. Netflix can outspend every other provider WHILE IMPROVING operating leverage due to its massive scale.

Early days of advertising.
Barely scratched the surface of Live Events.
The recommendation engine and personalized experience will only get better and better.
Incredible value proposition to users translates to pricing power that has not been fully tapped into.

I am not counting on any parabolic moves or even mean reversion in the multiple. Netflix is just a company that I am thrilled to buy at a fair price.

[Alex Invests @stockpickerspb]

@ariaradnia Not the largest, but $CROX acquisition of Heydude has been a disaster.

[Alex Invests @stockpickerspb]

@realroseceline $NFLX

[Alex Invests @stockpickerspb]

Imagine the wonderful things you could do if you took someone else’s money.

[Western Lensman @WesternLensman]

Adam Schiff released a video fantasizing about what “we” could pay for “by the wealth of our first trillionaire."

"$1 trillion, if we decided to distribute that equally among American households, your household would get $7,500..."

Sounds downright utopian, Adam.

[Alex Invests @stockpickerspb]

@MartyChargin

[Alex Invests @stockpickerspb]

@RedDevi52539977 Very possible of course

[Alex Invests @stockpickerspb]

Two of the best buys in the market right now:

$NFLX at $77
$META at $568

[Alex Invests @stockpickerspb]

$MU
Letting this winner run. Not selling shares any time soon.

I have had returns >10x on three stocks in my investing journey so far (TSLA 15x, NVDA 18x, PLTR 10x). Technically hit the mark on OPEN and ROKU as well, but gave back big portions on those.

Imo when a stock is on a run like this, it’s best to get out of the way, not overthink it, and let it do its thing. If it reaches silly valuation, I’ll think about it trimming. Until then…

[Alex Invests @stockpickerspb]

$BROS above $70. Yes, you can make money in non-tech, non-AI stocks.

[Alex Invests @stockpickerspb]

Adding to $BROS here at $48, 44% below its 52W high. Top line growth around 30%, excellent management team and culture, executing at a high level. Early days of operating leverage:

[Alex Invests @stockpickerspb]

@ariaradnia Classic Druckenmiller interview: https://t.co/0jAYNRXx1O

[Alex Invests @stockpickerspb]

@dissectmarkets I started a position recently. This one is less certain imo because they are not executing right now. I own it for the potential if they can create something game changing for the masses with Copilot.

[Alex Invests @stockpickerspb]

The market is completely apathetic about $NFLX right now.

One of the best flywheels in the world, as effective as ever.

I believe $77 will look ridiculously cheap in two years.