What AI Stocks do you like?

[Joe Flacco]

Sometime this year I think we are probably going to see a correction like 2015-2016. Probably grind for a little bit around highs and then see a sharp move lower down to the moving average. I don't know exactly when but I think we are going to see that this year. Market pretty much flat for the year.

 

[Gobears81]

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Sometime this year I think we are probably going to see a correction like 2015-2016. Probably grind for a little bit around highs and then see a sharp move lower down to the moving average. I don't know exactly when but I think we are going to see that this year. Market pretty much flat for the year.

Prices have gotten ahead of themselves, and there isn't much out there that is attractively priced, except for garbage stocks. But for being only a couple PP below the ATH, sentiment is surprisingly cautious. Perhaps a lot of that is warranted, but still makes me think that a correction would be a buying opportunity.

 

[Joe Flacco]

Prices have gotten ahead of themselves, and there isn't much out there that is attractively priced, except for garbage stocks. But for being only a couple PP below the ATH, sentiment is surprisingly cautious. Perhaps a lot of that is warranted, but still makes me think that a correction would be a buying opportunity.

Even if you know it is coming, it doesn't make sense to sell if you have to pay taxes.

 

[Joe Flacco]

Maybe good to sell covered calls on up days if wanting to sell.

 

[Gobears81]

Even if you know it is coming, it doesn't make sense to sell if you have to pay taxes.

I booked most of my gains and going to be cursing at my tax prep person this year Have 30% cash if there is a correction though.

Not very good at holding on when stocks get overpriced. Bought HIMS at $7 and got out at $42 earlier this month, then it ran up to over $70 this week. My dad has more of a laissez faire approach and he bought that one earlier, selling yesterday in the upper $60s, which was almost perfect timing since it is down over 20% today. Still a nice investment, but it is hard to hold on in those types of cases - for me at least.

 

[Joe Flacco]

I booked most of my gains and going to be cursing at my tax prep person this year Have 30% cash if there is a correction though.

Not very good at holding on when stocks get overpriced. Bought HIMS at $7 and got out at $42 earlier this month, then it ran up to over $70 this week. My dad has more of a laissez faire approach and he bought that one earlier, selling yesterday in the upper $60s, which was almost perfect timing since it is down over 20% today. Still a nice investment, but it is hard to hold on in those types of cases - for me at least.

That was a good one regardless.

 

[Joe Flacco]

HIMS must be a stealth AI play. Exact same chart as Palantir. lol

 

[Gobears81]

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HIMS must be a stealth AI play. Exact same chart as Palantir. lol

You see LT charts of stocks like Amazon and always wonder if selling now is way too early, but the holders seem to be mostly hype-stock owners and college kids. For a market like this, preferring the boring, low-upside stocks and silver/ platinum or miners.

 

[Joe Flacco]

You see LT charts of stocks like Amazon and always wonder if selling now is way too early, but the holders seem to be mostly hype-stock owners and college kids. For a market like this, preferring the boring, low-upside stocks and silver/ platinum or miners.

I would think that it just depends on your objectives and investment time frame. Looking at the HIMS chart I would think that $24 is solid long term bottom.

As long as you are not one of the people buying at $60-$70 and selling at $24-35 it is all good!

 

[Bobby Bucks]

I'm juggling in my IRA and may juggle some more. Mostly selling Bitcoin mining stocks and putting it in Berkshire Hathaway. Buffett and his gang have been crowing about the market being overvalued for some time. If Bitcoin takes a big hit, the mining stock will too and I can pounce back on it like a jackal. If it doesn't, then it's up to professionally managed Berkshire Hathaway to make me filthy rich.