Instead of panicking...
While the others take big losses selling everything they have, I feel the more rational decision is to do nothing.
The tech sector, specifically semiconductors and Ai/crypto companies, aren't going anywhere. NVDA isn't going to just shrug their shoulders and give up tomorrow.
So long as you have researched and relied on financials, I think it will all come back and probably stronger than ever.
In the meantime, I've added to a couple of "defense" stocks:
$ADMA Biologics (ADMA.US)$ : 58.8% Undervalued, earnings are expected to increase 34%/yr, with earnings consistently increasing 10.7% /yr for the past 5 years.
$Dave Inc (DAVE.US)$ : 72% Undervalued, earnings expected to grow 34%/yr, undervalued vs peers, and consensus among analysts it will increase in value by almost 90%.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Shootingstar : Yes the world at this stage cannot do without tech. This will be a highly innovative tech driven era to produce the highest efficiency with the minimal diminishing resources used.
Chong Kong Hui : AI simply overrated and AI stocks over priced, time will tell.
Paul Anthony : for young people