š The Great Semiconductor Dilemma: Bottom Fishing vs The Earnings Trap? The Buy the Dip team believes that
$NVIDIA(NVDA)$ &
$Micron Technology(MU)$ are trading at massive discounts compared to their all time highs. If the AI thesis hasn't changed, waiting for the perfect bottom means you may miss the train when the institutional funds inevitably flood back.
The Technical Breather Analyst believes that buying NVIDIA or Micron now is like rushing out of the storm shelter because the monsoon rain stopped for 5 minutes.
The Logic: Overnight action seems like it is a technical rebound. The shorts are covering their positions and algorithms are taking a quick breather.
The real truth does not materialised until Micron drops its highly anticipated earnings report on September 30.
If Micron hints that the AI storage supercycle is cooling down, this bounce will evaporate.
My Take: I prefer to dollar cost average Micron as it has exponential growth ahead.
@TigerStars
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments