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Hey, listen, ladies and gentlemen,
my voice is not quite up to par here today, so I'm
going to have to talk quieter than I usually do.
So if that means you have to turn up your computer,
your TV, your headphones a little
bit, I apologize in advance, okay?
New all-time high in the history of the public account here today.
Congratulations to everybody out there hitting all-time highs,
almost $4.8 million public
account.
Like, look at how bumpy of a ride it's
been over the past few years or so, right?
You know, from about 1.5 million range,
if we go back three years ago, and it has been
There's been a lot of ups and a lot of downs,
but overall, we know the trend, right?
But it's a bumpy ride, and that's something you got
to understand about this game, right?
We have some stocks that are really hot.
Like, why does the public account keep moving up?
We got a lot of the hot stocks right now.
Yeah, they're just, in the past few months,
they're just tearing it up, right?
Honest is one.
Honest is up to 572.
That one was up another $8,600 here today
on a small position sizing for Honest, right?
Cheesecake Factory, that one's red hot,
up another $6,000 on that one here today.
Now up $242,000 in the public account.
That does not include all
the dividends received in that stock over time.
Palantir is red hot, $177.50.
I mean, what a hot stock.
It went up almost $5,000 here today.
Elf on a Shelf is so hot right now.
Oh, my gosh.
Almost $107 today, up another almost $2,000.
Estee Lauder.
Say it louder for the people in the back.
I can't because my voice is messed up today, but say it louder
Oh, my gosh.
Look at how hot this stock is.
I mean, $64,000 in this one in the public account.
It's a race between Elf and EL on who can get to $141 this year.
CRM.
This stock was cold as ice.
You go back two, three months ago, we were down huge on Salesforce,
like huge, like tens of thousands of dollars, right?
Massive losses. And now this stock is also like one
of the hottest stocks in the entire market, right?
And after hours up another 12 plus percent. So big upward move there.
Meanwhile, you have NVIDIA coming out with earnings and, you know.
as far as the beats everybody knows they come
in with the beats and beats and beats and people are
like looking at the stock price
and it's just like NVIDIA long for depression now the stock's up a
few percent after hours but at first man they're just like oh
my gosh like can the stock ever go
up right it's just a little frustrating
because the numbers just come in they're just great great
great uh there's gonna be something very
interesting i have to show you in regards
to NVIDIA's financials here today okay already ladies
and gentlemen three core subject
we're going into Palantir investors i got some news
for you okay or people that are
You're an interesting volunteer, and I've got
a little lesson for you in regards to that.
that as well. Number two, Salesforce.
We're talking about how high the stock is going
to go from here. There's huge news, game-changing,
fundamental changing news that just happened
in regards to Salesforce. We'll talk about what
that is. We'll talk about how high that
stock is going to go from here.
Also talk about what it means for ServiceNow. I know
there's a lot of people who own ServiceNow stock as well.
The third subject we'll get into is NVIDIA.
We'll go through the NVIDIA numbers. I got
something very important I have to show you
in regards to NVIDIA's income statement. We'll talk
about what this means for AMD moving forward
and what this means for the market in general moving
forward. I hope you guys enjoyed today's video.
I appreciate you joining me as always. If you
haven't already done so, just please smash
that like button for me. I'm doing this video and my
voice just isn't quite right. It hurts today.
So, yeah.
I appreciate it.
All I need is a thumbs up.
And make sure you're subscribed here to the channel.
Listen.
And today you really need to listen because I can't talk that loud.
Listen.
Palantir is insane.
This is from the June lows.
This is a two-month chart.
So this is where the stock was two months ago versus today.
It's up 65%.
I mean, that's insane.
Think about that for a moment.
65% move.
Two months.
Right?
65% is usually what you hope to make
an index fund over a four to six year period, right?
And it just gave you that in two months.
Incredible in regards to move for Palantir.
So what's going on here in regards to Palantir?
Well, Palantir in Focus says William Blair sees Maven
surging toward billion dollar annual recurring revenue.
That's ARR.
Palantir Maven artificial intelligence platform is surging toward
generating at least $1 billion in annual recurring revenue,
investment firm William Blair said on Wednesday.
Our government-dotted line tracker and media reports suggest that the
Pentagon continues to go all-in on Palantir's Maven smart system,
William Blair wrote in a note to clients.
Our tracker indicates that the Maven smart system
is by far Palantir's largest overall contract
and the Department of War program is trending toward
a billion dollar annual revenue run rate
across numerous contracts.
All signs point to continued strong growth over the next nine months
as the Maven smart system is expected
to achieve a program of record POR status. So
They put Palantir to an outperform rating here, right?
Talked about several media outlets have reported
that the Pentagon is looking to boost funding
for Palantir by $244 million between now and March 2027.
So, I mean, first off, this is really good news for Palantir, right?
I mean, the fact that the government is continuing
to go all in on this, very, very good news.
And it's likely going to be continued good news
for the short term, right?
Keep in mind, in the future, different administrations are going
to get in office, different politicians are going to get in office,
contracts could change over the next 5, 10, 15,
20 years, so that's something to keep in mind here.
I mean, usually once you sign up for Palantir,
you start really using it in a major way.
It's hard to leave it.
And I think that's generally true for a lot of SaaS-related stuff,
right, and a lot of software.
But, I mean, it's just hard to see, like, Department of War,
let's say, using and relying on Palantir heavily, right,
and then saying, you know, three years from now,
oh, we're just not going to use Palantir anymore.
Like, all things are possible, but that's pretty unrealistic, right?
Now, could growth rates slow way in the future?
That's very possible, right?
So maybe the government's spending, you know,
incredible amounts to Palantir right now,
but could that slow down two or three or four years from now?
Sure, that could slow down.
So that's just something to keep in mind,
but the moral of the story is here,
it's bullish news for Palantir, right?
And for us bulls,
it's just more conviction in kind of what's going on here, okay?
I gotta be honest with you guys, okay?
Here's the issue. You want an issue,
I'll give you an issue.
You're going to need a tissue, okay? Listen. Look at that.
Palantir's market cap is $426 billion.
So it's like, oh, it's so exciting, you know?
The Maven artificial intelligence platform
surging toward billion-dollar annual recurring revenue.
That's great, but the market cap is so big.
We need this to scale to $10 billion annual recurring revenue,
like $50 billion, $20 billion, right?
To really have a substantial impact
on the market capitalization of the company, right?
Because then you could talk about
throwing off several billion dollars a year
and just profits from that, right?
All right.
Then you can talk about kind of valuation re-rating.
But right now, I mean, it's just, it's a very small side
of the business compared to how large the market cap is.
And that's the issue.
You know, if you bought Palantir a few years ago,
you've made 2,000% on it.
Easy, right?
The issue we have here is the stock has gone up so much,
it priced in a lot, right?
And so if we look at something like this, right?
Alright, Palantir...
Forward P is over 100.
Two-year forward P is 57, right?
That's issue.
You're going to have revenue growth that, you know,
very shortly here will start to decelerate the growth rate, right?
So that means there's still going to be growing revenues
at a rapid clip, but it's going to be a little less as a percent.
A little less, a little less, a little less, right?
It's a whole cycle you have to go through.
And, you know, when you're already trading at 100 plus forward P.
You're up there and that's the issue you have
with Palantir. So let me show you
my projections here because I need to illustrate this point bigger
so everybody can really wrap
their heads around this. Here
are my Palantir projections over the next several years.
So I have in my bull case,
I have Palantir growing revenue 40% in 2027, 30% 2028,
25% 2029, and then 20% in 2030.
And then under a bull assumption, I think they could
be around that 20 that high teens
to low 20s growth rate for several years into the 2030s
essentially okay and then net income growth I'm
doing 50 percent net income growth in 27 40 percent
in 28 so significantly above what you know what
their revenue is coming in at 35 percent here 30
percent here right
and so under this scenario you're going to get a p ratio
re-rating as the growth rates slow over the next,
you know, four to five years, right?
And so you used to be able to pay 100, 150,
200 P ratio, but when the growth rates start
to go down and down and down when it comes to,
you know, the rate of growth, you're going
to be willing to pay less for that company, right?
And so the interesting scenario here
is even under this bull assumption, right?
I get them at a 35 to 40 PE come 2030,
which is very rich compared to the market in general.
But I still think Palantir can be growing
at a much faster clip than an average stock in the stock market.
So I think it's priced appropriately here.
There's just not a good ROI on Palantir.
You're talking about the stocks in the low 200s
in 2030 under this scenario, right?
Base case.
My base case for Palantir, 35% growth next year,
then down to 25%, then 20%, 15%, right?
45% net income growth, 35% net income growth, 30%, 25%, right?
And then I have them at a 30 to 35 PE come 2030.
So, you know, in this scenario, basically there's
no return for Palantir or slightly negative return, right?
And so you don't even want to see the bear case.
The bear case is ugly, right?
The bear case is huge losses over the next several years.
And that's still with great growth rates.
So if you're betting on Palantir stock, you're really counting
that the growth is going to be insane for super long into the future.
And when I say insane, listen,
40% and 30% and 25% and 20% growth rates are amazing.
That is phenomenal.
But you really need Palantir to be growing consistently at 40%,
50% revenue a year, year in and year out for the next four
or five years to really make big money on this stock.
And you need minimum 30% to 35% on average to just do decent.
And that's the thing you've got to understand about stocking Palantir.
And this is the issue with the stock market.
People don't know how to properly value things in the stock market.
And it's fascinating because if you look at real estate,
In real estate, somebody wouldn't just look
at homes in a $400,000 neighborhood, right?
And say, that house is worth $2 million, right?
And people wouldn't go into a neighborhood
that the homes sell for $5 to $10 million
and say, that house is worth $50 million, right?
Because you understand how to like price things.
But in the stock market all the time,
people don't understand how to accurately price things.
It's something that I've continuously seen over
my 18 years in the stock market.
It ends up costing them fortunes of money.
They miss out on the greatest opportunities that ever existed.
And then they get into these stocks at very bad prices,
and they end up with dead money situations or down money for four,
five, six, seven years.
Like what happened?
And it's like if you knew how to properly value things,
you would see these opportunities.
And so think about this for a moment, right?
People hated Palantir at $7 back in 2022.
They refused to touch it.
The stock went down to the high fives.
I think it was like $5.98 or something a share at the very lows.
Think about that.
People were still selling Palantir at $5 and $6 a share.
Think about that for a moment, right?
And that's just a few years ago.
Like 2022 wasn't that long ago, right?
And then last year comes and people are just jumping over themselves
to pay $200 a share for Palantir.
The only reason that happens
because people don't know how to properly value.
When I was buying Palantir at $7, right,
and we made a life-changing money on that.
I mean that was one of those stocks it was like oh
my gosh like if growth rates just accelerate to
where we think they're going to accelerate
the stocks a 2x to 4x opportunity over the next few
years right and then it was like if growth rates kind
of go to this place we're going to get like
a 10x on the stock and it's going to go from 7 to 70 right
and then it was like well if this
scenario happens we're going 100 plus
in the best case scenario happening we went 100 plus
Plus, we went all the way up to 200, right?
And so, you've got to understand.
There's a lot of money up for grabs in this game, guys.
There's a lot of freaking money, man.
We're talking Ferraris.
We're talking the big homes.
We're talking the vacations.
We're talking the life on your own terms.
We're talking retiring early.
We're talking living wherever you want to live, right?
There's a lot of money up for grabs.
I don't know anywhere else where there's
more money up for grabs in the stock market.
You've got to know how to value these companies
because that can be the difference between
you running into Palantir last year at $200
or you buying in 2022 at $7, right?
It's a big, big difference.
Like one is like you hope to maybe make money over
the next few years and you need everything
to go perfect.
And the other is like, we got this in the bag.
We're going to make game changing money, right?
I teach you guys all this stuff inside my private group,
how to accurately value companies so you can know
and be confident when you go to run your numbers.
This is a good deal when getting on a stock.
This is a bad deal because this is something I continuously see.
That will be the pinned comment down there.
Quit gambling money in the stock market
and let's start making confident decisions out there.
I'll teach you everything I can possibly teach you in there.
That will be pinned comment down there.
It'll get you up to the highest level possible.
Next up here.
Let's talk Salesforce.
Let's talk about how high this is going to go.
Let's talk about what this means for service now.
Let's talk in those sorts of things, okay?
Listen.
Salesforce and ServiceNow are two
of the best deals I found in the stock market,
You know,
really at the end of last year into the beginning of this year, right?
And I added shares aggressively of
these two stocks over the past six to nine months, right?
And if you've been watching the channel, how
aggressively I've been adding, because I've talked about
these stocks countless times, especially
back in the springtime, I think I was talking about
these stocks the most. Oh my gosh, right? I think
people got sick of me talking about Salesforce
and ServiceNow after a while, but hey, that's
That's just what it is.
If there's a stock that I think is a great opportunity,
you're going to hear me talk about a lot, lot, lot, lot, lot, right?
And then, you know, a couple of months ago,
it was e.l.f. and it was Celsius, right?
And so it's just going to be different stocks at different times,
wherever I see the best opportunity, right?
But Salesforce now about $10,000 gain.
That doesn't account for what we're up after hours, right?
And then ServiceNow is now about $32,000 for us.
And so, you know, the death
of these two stocks has been greatly exaggerated.
I understand.
AI is disruptive, right?
And some companies and some services are being totally disrupted
and they're going to have
a tough time over the next 5, 10, 15 years, right?
But that is not everybody.
There are certain companies that are positioning
their businesses to thrive.
Over the next 5, 10, 15 years.
And two of those companies I've identified as they're not dead
and they've got an incredible opportunity
to grow their businesses exponentially
over the next 5, 10, 15 years are ServiceNow and Salesforce.
Where these companies are 40 years from now,
your guess is as good as mine.
And I honestly don't care.
I think there's a lot of money to be made now
in these stocks and over the next few years.
And so I'm looking out over the next 5, 10 years.
I'm like, oh my gosh, I see how Salesforce
and ServiceNow could grow their business massively, right?
And so it just needs to be said there.
If we look at this move after hours here for Salesforce based
on the public account position of 1,065 shares, we're up 20%.
$7,000 plus dollars just in the after hours move, right?
And that's the fun of building your portfolio up
and getting the bigger and bigger numbers, right?
You have a stock like that and you hit it.
It's $27,000.
Remember I told you guys there's big money up for grabs in this game?
It's big freaking money.
That's $27,000 in like 20 minutes.
You know what I mean?
Like that's crazy.
Crazy, right?
Okay, so what happened here with Salesforce numbers, okay?
Listen, it was a C grade.
So Salesforce has some issues.
Revenue is up 11%, that's fine.
The issue here is total cost of revenue up 18%.
That's way outstripping revenue, so gross profit was only at 9%.
Not good.
R&D was up 14%, that outstripped gross profit and revenue.
Sales and marketing up 12%, that outstripped
gross profit and revenue, right?
G&A, they did bring that down, but that's
a small line item for the company.
So they brought it down 1%, but it doesn't really matter.
Total operating expenses up 12%
for the company versus gross profit up 9%, revenue up 11%.
You don't want to see that, right?
However, they had this gain on strategic investments
that was huge, $2.6 billion.
Net income was up 87%, diluted EPS up 100,
19%, but so much of that was really because
of this one-off gain here, right?
And so it's not a great report from Salesforce.
It's very meh, right?
It's like, okay, yeah, the one-off is great
and how that boosted the net income and EPS.
Cool.
Revenue, 11%.
Cool.
But they got an expense problem at Salesforce, and then G&A bringing
that down, cool, but it's just an average report because they had
so many line items of expenses that were just really too high, right?
And inside the Discord chat in the private group, right?
You can, you know, just search because I grade all
these income statements all the time, massive amounts of them.
You can just search like Salesforce
and then look at the previous grade I gave Salesforce, right?
Which the previous was three months ago.
And the issue is here,
the expense problem at Salesforce has gotten worse, right?
The expense problem has gotten worse.
Total cost of revenues was up 13% here, right?
And now it's up to 18%.
That's just something to kind of keep in mind there,
total operating expenses of 11% here,
but here are total operating expenses of 12%.
So the expense problem at Salesforce is getting
worse in the short term.
But, but listen, the grim reaper has been coming for Salesforce,
not because of short term fears around profit shrink.
Everybody's worried about Salesforce because they worry
that this company is going to face a slow revenue death, right?
Where revenue goes from 15% down to 10%,
down to 5%, down to flat, down to negatives, right?
And so that's been the worry of the Salesforce.
And that's where the concern is, right?
But the reason the stock is up huge
is because Salesforce just basically alleviated all
those worries around the company's revenue is going to slowly die here.
Okay, listen.
If you, this is a big metric for Salesforce.
It's a new metric, you know, from when anybody's
been used to, but it's a big metric.
An agentic work unit, AWU, they call them, right? An agentic
work unit is one discrete task accomplished by an AI agent.
Decisions made, records updated,
workflows triggered, and more.
And so they had 97% growth quarter on quarter when it comes to this,
right? And so this is something you look at and people say, okay.
Like, Salesforce is growing into becoming an AI giant,
right, when it comes to the SaaS space.
They also have, by the way, operating cash flow,
$1.3 billion, and free cash flow, $1.1 billion.
Very healthy numbers there, right?
Additionally, they had guidance that was a couple hundred
million dollars ahead of where analysts were expecting,
which is not like knock your socks off great, but...
For beating down stock like Salesforce,
it just matters that it's better than expected,
not worse than expected, right?
And so that's something to be positive about as well.
But then the biggest thing is right here.
Look at this.
Salesforce and Anthropic announced CloudForce,
the number one AI meets the number one CRM.
Listen, the one company you want
to partner with right now is Anthropic.
They're the hottest thing in business, the hottest thing.
There's only one company you've got to partner with, right?
And this is big time.
Expanded partnership brings Claude's reasoning together
with data workflows, business logic
actions, and governance of the Salesforce platform
to power trusted enterprise action
directly in Claude.
Salesforce and Anthropic are announcing CloudForce,
an expanded strategic partnership bringing
Claude's intelligence
and reasoning together with Salesforce trusted enterprise.
...harness to make its data, workflows, business logic,
and actions and governance securely accessible
to power agentic experiences wherever work happens.
The CloudForce partnership launches with Salesforce in Cloud
a plugin with 37 pre-built sales skills that enable sellers
and agents to reason over live revenue context,
automate pipeline updates, and take governed action right from Claude.
With the power of Salesforce directly where sellers work,
the company's plan to introduce more integrations across Claude,
Salesforce, and Slack,
expanding each of the company's use of others' technologies.
So the moral of the story is here,
ladies and gentlemen, is listen, this is huge.
This is huge.
Cloud is taking off like insane right now.
The amount of business professionals that...
We're not using Claude a year ago,
and now we're using Claude on an everyday basis is is insane.
And even people I know personally,
like they've now started to use Claude as like their main AI.
And it's like their thing now at this point in time, right? And so
This is the partner you want.
This expands Salesforce's TAM long-term in a substantial way.
And it's hard to quantify and put a number on it right now, right?
And say, this is a billion-dollar potential long-term,
$10 billion, $100 billion, $200 billion.
All you know at this moment is this is a big moment for Salesforce,
a very big moment.
And this is something that could propel growth for years
and decades to go in the future.
And additionally,
I think it actually gives them more, I think it gives them
a little more protection than if Anthropic was going straight
at Salesforce just from a competitive standpoint, right?
Right, and so,
The moral of the story is here, this is really big,
really, really big for Salesforce, and
that's why the stock is up double-digit percentage after hours, right?
Now, also, what does this mean
for ServiceNow before we talk about where Salesforce stock
is going for the remainder of this year,
in my opinion, and where Salesforce is going
over the next several years?
Listen, for ServiceNow, I don't think this is a bad thing.
You know, you might look at something like this,
and it might scare you.
It might be like, oh, my gosh, like, you know,
Salesforce is going to win, and ServiceNow
Those companies compete differently.
You know, when we're talking about ServiceNow,
it's much more of the guts of a company.
It's much more of, you know, IT departments heavy.
It's much more like communicating between
this department and this department.
It's other things inside an organization as well.
But Salesforce, their bread and butter is sales.
That's why they call them Salesforce, right?
And so you just got to understand that.
They do compete against each other in several different areas,
but I think, if anything,
ServiceNow is going to continue to partner
with big players in the space, maybe Anthropic,
maybe others, with their products
and give themselves good protection as well.
And I think Bill McDermott, leading that company, is phenomenal.
I'm going to bend.
Benioff should never be bet against.
If there's one thing people should learn over
the past 20-plus years of the stock market,
don't bet against Mark Benioff.
That man always has it figured out, man.
He's, he's, he's...
He's the salesman of salesmen.
And so, you know, a lot of the time people try to doubt Benioff.
And this isn't the first rodeo.
They've tried to doubt him so many times over the years.
And every time they come up empty-handed.
And so, don't bet against Benioff.
He always finds a way, right?
Where's Salesforce exit this year?
And where's the stock over the next several years?
Here's my opinion.
I believe CRM Salesforce exit 2026,
245 to 275.
I think the stock continues to see overall momentum between now
and the end of the year.
I think this stock exits 2029 as a $400 plus dollar stock.
So I think this is still a double up
opportunity from here, essentially.
Just between now and 2030, essentially.
And so am I going to be cashing my Salesforce stock tomorrow?
No, thank you. No, thank you. Okay.
That's Salesforce. Okay. Next up here. Let's talk
in video. Talk about what this means for AMD.
Let's talk about what this means for the market
in general moving forward. Hope you guys are enjoying this.
My voice is not, not enjoying
this. Let me just say that. Okay. So
Should we expect anything less?
No, of course not.
I told you guys numbers are going to be bangers.
I told you the guy is going to be likely several
billion dollars ahead of where analysts are at
This should come as no surprise.
A plus plus grade income statement here, right?
Revenue is up 106%.
Cost of revenue up 87%, gross profit up 113% there, R&D is up 64%,
SG&A is up 21%, that's way smaller numbers in revenue or gross profit,
so you're in the winner, winner, chicken, dinner.
Total operating expense is up 55%,
there's nothing compared to 113% profit growth, right?
Operating income up 124%, net other income up 181%,
net income up 126%, diluted EPS up 128%.
Now, there is one thing to be worried about here, okay?
Remember I told you guys in the Discord chat inside income statements,
you can type in, you know, whatever stock that I've graded
income statements on in the past and pull them up, right?
And this is why that feature is key.
Because look, pull up what I graded income statement
of NVIDIA last year, or last year, last quarter, right?
A++ grade.
But look at the difference here.
Here, the cost of revenue is up 18%.
Here, the cost of revenue is now up 87%.
So the revenue growth is like, okay, this is great.
Revenue growth is much stronger than it was, right?
It was 85% last quarter.
This quarter was 106%.
But the percentage growth on cost
of revenue going up is so much larger.
That that has to be factored in and considered here.
And so definitely something worth looking at.
Definitely something worth looking at.
Gross profit of 113%, still very good.
But my only worry with NVIDIA here on the financial front
is I do worry if in the next few quarters
eventually cost of revenue is going to start going up
at a faster clip than revenue.
It's a potential. It's certainly not a guarantee, but it's a potential
that this could end up starting to grow faster than revenue, right?
Now, keep in mind it's a much smaller line item,
so the gross profit growth would still be phenomenal, but...
You know, it's one of those things you don't want
to really see out there in regards to NVIDIA, right?
Now, NVIDIA's stock's up about 4%, right?
And you might say, how does NVIDIA make any dang sense, right?
I mean, the growth rates are insane.
I mean, you know, the guidance was great, right?
You look at these numbers, like, oh my gosh, like 106% revenue growth,
113% gross profit growth, 128% diluted EPS growth.
You would think a company like that would
be trading at a forward P of 60, 90, 120, right?
But there's NVIDIA trading at a forward P of probably 17,
somewhere in their ballpark, right?
It's like, how? How does that make sense?
Listen, there's a massive amount
of circular financing going on right now,
where NVIDIA lends money to this company, and then
that company spends money right back on NVIDIA on its chips, right?
There's a ton of that sort of stuff going on right now, right?
We know every single...
Hyperscaler, big tech company,
whatever you want to call them, Meta, Tesla, just go through
a whole list of them, Google, Amazon, Microsoft,
OpenAI, Anthropic, they're just spending every
single dollar they possibly can on NVIDIA chips right now, right?
That's not likely sustainable over the long term, right?
And so what happens when a slowdown happens?
Margins compress substantially, which then plummets.
Net income plummets, earnings per share.
And so that's a cycle we're going to have to go through.
It's not a cycle right now, but...
Once you get to 2027, it's that much closer, right?
And so that's why people aren't willing to,
because, you know, even on CNBC today,
you know, the Wall Streeters were talking like,
how are people not willing to pay up for NVIDIA?
It's like, because they understand that
no one wants to be left holding the bag in this situation, right?
And NVIDIA's margins are not sustainable over the long term.
Are they sustainable, you know, for the next 12 months?
Probably.
Probably.
Are they sustainable over the next,
you know, three, you know, four years?
No.
Not in my opinion.
And so that's something that has to be factored in here.
And that's why you're not getting people to run out there and say,
oh, my gosh, I've got to buy every NVIDIA share I can right now.
Right?
That's what's going on here.
No.
What does it mean for the market, right?
And what does it mean for AMD?
Well, first off, understand NVIDIA is a huge weight.
7.5% weight for the S&P 500, right?
Right?
So the moral of the story is here,
and it's even a much bigger weight in the Qs.
For the stock market itself, it's...
Good news, I would say. It's good news, right?
That NVIDIA stock is moving up.
It could push semiconductor stocks
in general up, those sorts of things.
What does it mean for AMD?
AMD
It's hard to do.
It's a neutral to slight positive.
The biggest thing in regards to these numbers for AMD is
you just couldn't hear anything like,
oh, everybody's going to stop spending.
If everybody's going to stop spending, like Meta and Google and Amazon
and all those companies, okay, we're screwed, right?
But that's not the situation.
they're spending you know every dollar they got coming
in right back out on chips right now and
it's going to be like that for the next two years
maybe three years right uh AMD's in its own competitive
position because they're going to be stealing market share
from NVIDIA especially in 2027 2028
and so AMD's a really particularly good
situation right NVIDIA is going to
go through a period where their revenue growth is going to be really
Lame next year in 2027, like really lame.
Like I don't think people are quite factored in
how lame NVIDIA's revenue growth is going to be next year.
So you look at the semiconductor complex
and it's like where you get the big growth next year.
It's one stock you get the big growth from next year.
AMD. If you want to own a semiconductor stock
and you want it to be the big growth in 2027,
it's AMD. That's nothing else. It's AMD.
They're going to be the ones that have their crazy numbers
next year, right? NVIDIA numbers are going to be lame next year.
The memory companies numbers are
going to seem really lame compared
to how much they went up this year, right? They're still
going to grow likely in 2027,
but it's going to look like nothing compared to this year.
And NVIDIA is going to be battling it out
for probably 15% revenue growth next year, right?
Maybe 20% if they're lucky.
And, you know, everybody's gotten used
to 100% plus revenue growth for NVIDIA.
So then all of a sudden you come in with maybe 20% revenue growth.
People are like, ugh, right?
And so...
but the overall thing is the stock market can
be fine right you're going to get some excitement
coming in as you've got NVIDIA numbers out here people
are continuing to spend that is what it is
right but the moral of the story
is here whether NVIDIA had come in and beat these numbers miss
these numbers if they beat by four billion instead of three billion
or you know all that stuff
focus on long term here ladies
and gentlemen you know you got an incredible opportunity
You need to build your wealth over the next 5, 10, 15, 20 years, right?
Let's just focus on the long-term.
Make sure you're investing consistently in the market.
Continue to build your positions in great companies.
And you'd be shocked at what you could achieve.
You know, with this portfolio, we got this rolling in 2018.
And to be thinking, like, we're flirting with going $5 million.
You know, look at the Patreon portfolio.
We started that just a couple years ago with super modest amounts.
Like the first year I started
the Patreon portfolio, it was $150 a week.
And then I bumped it to $250 starting in the second year, right?
And the Patreon portfolio will hit $100,000 likely in the next,
I would say, probably six to nine months.
Best case scenario, like three months,
but probably realistically in the next six to nine months.
It's crazy, man. Crazy.
And so let's take this stuff serious.
If you're ready to join the private group
and become the best investor you possibly can,
then we'll be the pin to comment down there today.
Fill out an application.
We'll see if we can get you access in there
maybe in the next few days.
All right, you guys, much love as always.
Talk soon and have a great day.