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SUMMARY
Jeremy Lefebvre discusses his latest stock market decisions, including selling Google shares and investing in Salesforce, American Express, and Nike. He also evaluates the current earnings season and shares his perspective on the challenges facing HIMS stock.
MAIN POINTS
- Market updates and momentum in Bitcoin, Ethereum, and silver.
- Lefebvre introduces three preferred high-yield savings accounts.
- Evaluation of the current earnings season with grades for major companies.
- Details on selling Google shares and rationale behind the decision.
- Overview of new investments in Salesforce, American Express, and Nike.
- Analysis of HIMS stock struggles amid a lawsuit and market challenges.
- Encouragement to focus on building strong portfolios with great companies.
DETAILED ANALYSIS
Jeremy Lefebvre provided a comprehensive update on his investment strategy and market observations in his latest presentation. The session began with a look at the broader market, highlighting the recent momentum in Bitcoin, Ethereum, and silver. He questioned whether the current bounce was sustainable or merely a temporary recovery.
Lefebvre also addressed the persistently high 10-year yield and its impact on mortgage rates, emphasizing the need for the yield to drop to stimulate the housing market.
On the topic of savings, Lefebvre stressed the importance of maintaining emergency funds in high-yield savings accounts. He shared his top three picks: SoFi, Ally, and Marcus by Goldman Sachs, noting their respective interest rates and features. He advised flexibility over locking funds into fixed-term investments like CDs, underscoring the need for liquidity in case of sudden investment opportunities.
Lefebvre then shifted focus to the ongoing earnings season, offering a detailed assessment of corporate performance. Companies like Amazon, Alphabet (Google), and Palantir earned high grades, with Palantir securing a rare A++ rating. However, he expressed concern over tech giants like Meta, which received a surprisingly low C grade due to escalating R&D and operational costs.
He warned that rising expenses could hinder earnings growth for major tech firms over the next few years despite robust revenue growth.
A significant portion of the discussion centered around Lefebvre’s decision to sell a portion of his Alphabet (Google) holdings. He revealed that he liquidated $72,000 worth of shares, generating over $37,000 in profits. Lefebvre explained that while Google remains a strong company, it no longer offers the high-growth potential he seeks. His base and bull case projections indicated only modest returns, prompting him to redirect funds to other opportunities.
Lefebvre outlined his decision to invest in three stocks: Salesforce, American Express, and Nike. He allocated $42,000 to Salesforce, citing its resilience amid the so-called 'SaaS apocalypse' and strong growth projections. American Express, another addition, received a $20,000 investment. Lefebvre highlighted its robust business model and minimal disruption from AI as key advantages. Lastly, he added $9,700 to his Nike position, confident in the company’s turnaround and long-term potential.
The presentation also delved into the challenges facing HIMS stock. The company has faced a 62% decline over six months due to a lawsuit from Novo Nordisk. Lefebvre assessed the legal and financial implications, noting that while HIMS has substantial cash reserves, the litigation could hinder its growth and profitability. He expressed skepticism about the stock’s near-term prospects, opting to revisit it in 2027.
Lefebvre concluded with an optimistic message about building strong portfolios by investing in quality companies. Despite being under the weather, he expressed gratitude to his audience and shared details about an upcoming Valentine’s Day sale for his Patreon Gold Tier membership.
LINKS
- Valentine's Day Sale for Patreon Gold Tier
- Join Jeremy's Private Stock Group
- Free Workshop on Quitting Your Job
- 5-day Workshop on Becoming a Great Investor
- Workshop on Finding 10X Stocks