I have a significant position in AMD. My net investments are 350k since 2021 and mostly into AI stocks. I'm torn on AMD because I have conviction that it will at least double before 2030, which should be enough to be content, but I'd rather not hold the bag on Tuesday if I can rebuy lower. On the other hand, numbers show that NVDA is cheaper at the moment but it feels bad because it's a 5 trillion company and there's risk in case of margins lowering.
I have an idea of what to do but I'm curious about what the general consensus is on the upcoming earnings on Tuesday. Do we expect the usual flat or down, especially considering this past month's run?
My holdings:
* AMD: $346k (35.7%)
* NVDA: $244k (25.2%)
* UPST: $89k (9.1%)
* TSE:AIDX: $68k (7.0%)
* MU: $66k (6.9%)
* AFRM: $52k (5.4%)
* SEZL: $36k (3.7%)
* META: $32k (3.3%)
* OPFI: $25k (2.5%)
* ASPI: $9k (0.9%)
My investment strategy is having around 70% in high conviction growth stocks that will very likely beat the market, 20% in higher risk but still not very expensive growth stocks, and 10% in higher risk high growth stocks. If I sell my AMD stock pe-earnings, I will likely dump it on META since it's beaten down and fits into my 70% high conviction growth stocks that will likely beat the market. If AMD pops on guidance, I will likely not have a good entry point again. Conflicted.