$ServiceNow(NOW)$ Not financial advice. If you think you missed the boat, you haven’t by a lot. Here’s why. This company lost nearly two-thirds of its market cap because of the overhyped “AI is killing software” narrative, while absolutely nothing seemed wrong with their business. They have twice their annual sales in contracted revenue. They upped their AI guidance from $10B to $15B for the year. Their retention rate is 97%. They are deeply embedded in enterprises and recently acquired two companies to strengthen their moat. Their AI sales are less than 10% of their annual revenue right now, and this is only expected to grow as they add more AI features across their suite and adoption of agentic workflows continues. Jensen Huang has said that
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ SOXL got really close to my $232 prediction during the session, but has now pulled back to $226. I suspect we might see it touch $232 in the near term. Worth keeping an eye on.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Looks like a smooth bull run. Seems like everyone's making money. This move with SOXL. Chip and memory demand is set to last for many years. Maybe a split down the road too.
$SPDR S&P 500 ETF Trust(SPY)$ Has anyone bought a new truck? Vehicle sales have dropped sharply, which is really good news for Ford and GM stocks. Lower earnings and higher PEs are the key to stock price growth.
$Nokia Oyj(NOK)$ With Nokia's new AI innovation lab in Sunnyvale, CA, I think the company has a lot more room to run. Could we still be vastly undervalued? I believe there's a great future ahead.
$Roundhill Memory ETF(DRAM)$ 24/7 Wall St. has a price target for NVIDIA at $272.19, implying a 21.8% upside from $223.47. They rate the shares a buy with 90% confidence, the highest tier in their framework.