![]() ![]() In case you haven't noticed, AI is having its moment in the Sun. Microsoftįinally, I'm allocating $25,000 - 50% of my portfolio - to Microsoft (NASDAQ: MSFT). This is one stock that will take time to fully recover its old highs - but it's worth owning all the way back to the top. Shopify remains more than 61% off its all-time high. However, for those who have missed out on this year's rally, don't think it's too late. Moreover, analysts expect close to 20% sales growth for the next two years.įor investors, Shopify looks like a case of a stock that was pushed down too far, too fast. Quarterly revenue jumped 26% year-over-year to $1.74 billion. What's more, the company announced some cost-cutting measures designed to refocus attention on its core business.Īnd while it's great that the company is cutting costs, Shopify isn't sacrificing growth. The company, which helps customers develop and grow their online stores, recently delivered solid first-quarter earnings that topped analysts' expectations. In this case, I will allocate $10,000 - 20% of my total - to this e-commerce stock. Next up in my hypothetical $50,000 portfolio is Shopify (NYSE: SHOP). Shares trade at a price-to-sales ratio of 6.3, which remains below the company's three-year average of 8.4. And a t any rate, AMD shares still look undervalued to me. However, Wall Street sees sales rebounding in 2024, bringing revenue back to 2022 levels. Granted, analysts expect 2023 to be a rough year for AMD, with revenue predicted to fall about 12%. That's because game-changing technologies like AI and autonomous driving will rely on cutting-edge chips that AMD can produce and sell through its Data Center and Embedded segments. ![]() And those are the segments investors are most excited about today. Those three units accounted for more than 86% of AMD's revenue in the first quarter. Increasingly, AMD relies on its Data Center, Gaming, and Embedded segments to drive its revenue. AMD makes semiconductors that are used for a variety of applications, including personal computers (PCs), gaming, cloud services, and automotive.Īnd while the PC market remains a significant drag on chipmakers like AMD, the company is more than weathering the storm - it's moving on to greener pastures. To get things started, I'm allocating $15,000 - 30% of my total portfolio - to Advanced Micro Devices (NASDAQ: AMD). ![]()
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