2+1 stocks that I like at the moment
Market Confusions and Share Buybacks!
Today I want to give you the setup on 2 stocks that I have been following for some time, and which I think are misunderstood by the marketplace.
As a reminder of what I’ve said before, I don’t like Big Tech at these levels and I think we’re in for trouble going forward. I briefly explain why in 3 minutes here.
Therefore, I am focusing on smaller names with a longer highway for growth. What’s a Philo to do? 🦉
If you want more details and context, start with the below:
Downside at Google
“Don’t be evil.” —Google’s former motto “Do the right thing.” —Google’s current motto “You don’t have to be the first at what you do, you have to be the best at what you do.” —What my mate told me a Google founder once said WINNING Google is the undeniable leader in global (ok, Western) paid search — and some other things too! The company was founded in 1998 by Larry Page and Sergey Brin, two Stanford Ph.D students at the time. The two co-founders developed the PageRank technology which ranked search results by relevance to the user’s query.
Philoinvestor
Downside at Microsoft
“We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don't let yourself be lulled into inaction.” —Bill Gates Business is HARD Microsoft may be one of the most successful companies in the world, but it missed out on the race for
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Is the Nasdaq in a Reflexive Bubble?
Last week I wrote a small piece on the rush into A.I. — backed mainly from VC money. This was triggered by the launch of Chat GPT near the end of 2022, and by the effect the launch had on A.I-related share price valuations. The A.I. rush had begun then and there.
Philoinvestor
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Ok, let’s dig in…
