I don't know about you, but I'm going to close a position on Alphabet $GOOGL-3.4% today that I took at $91. It gave me +34% in the short term. I was originally planning on a longer term hold, but what is happening in the markets has nothing to do with healthy growth.
Like gentlemen and ladies. Growths from the beginning of 2023... 🤑 Do you have any? 🥂
NVIDIA $NVDA-7.4%: +101%, Facebook $META-5.1%: +98%, AMD $AMD-8.6%: +57%, Tesla $TSLA-10.4%: +37%, Amazon $AMZN-4.2%: +35%, Google $GOOGL-3.4%: +35%, Apple $AAPL-7.3%: +33%, Microsoft $MSFT-3.6%: +31%, Nasdaq 100 $QQ-6.2%: +23%, S&P 500 $SPY-5.8%: +8%.
$GOOGL-3.4% between 87-90.6$ 13% of portfolio 😀
$AMZN-4.2% a bit too, and then etf VUAA from vanguard DCA
I'm definitely looking forward to it as well, and I'm interested to see what they come up with.
What do you think about the leaked insider document from $GOOGL-3.4% in which their senior software developer writes that Google has virtually nothing unique in the AI field to beat the competition?
I think we'll be able to buy $GOOGL-3.4% stock nicely undervalued on Monday. 👍
So far it doesn't look like that in the pre-market but we'll see. I would definitely buy under $95. We need to take advantage of news like this and dips. Many times I feel like the market overreacts, but at least it creates an investment opportunity.
$GOOGL-3.4% is trying to patent AI that allows you to create user interfaces and even entire applications using only natural language descriptions. 💡🌐 This patent could be another advantage for $GOOGL-3.4%. 👍
Both$GOOGL-3.4% and $MSFT-3.6% are large corporations. And this is what limits the growth potential that AI can bring them. They're just so diversified that this revolution here won't have as big an impact on them as it will on pure AI companies.
As a young investor, I'm trying to find a company that's purely AI development. So I'm hoping to make it happen.🚀
I plan to sell some and keep some.