Daily Stock Picks

AI stocks to buy now for 2024 growth - 12-19-23 Market Update

12.19.2023 - By Gary VaughanPlay

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Probably my best podcast of the year if you're looking to add some stocks. There are opportunities and I go over them here. Remember to subscribe to the newsletter as it's easier to see the charts.

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NOTES

Fed Ex earnings tonight

Webush Christmas list 

$SMCI is heading to fill that gap 

$nvda over $500

$amzn has a path to $170 

$cost just went a little too nuts but it should continue that way 

$clf continued up 

$NVDA under $500 and $SMCI pulling back as well - but not under $300

$snap upgraded and continued up but it’s just too expensive to go in to right now 

$etsy way up after last weeks sell off - this is around the layoffs and restructuring 

$goog and $meta way up 

$nflx up as well on an upgrade 

Remember when $rivn seemed too expensive at $18? 

$aapl pausing sales of new watches - it’s about 5% of their total revenue and it’s a huge deal right before Christmas - but Biden may be able to help them before Dec 21 

And just like yesterday with $amzn call - I like his call on $meli

$mara at $20 

Jan 10th I think is when the sec gets in trouble with the grayscale gbtc lawsuit if its not announced so get ready from now til then 

Cipher Mining  $cifr extended its gains, rising by 11.5% in early trading on Tuesday following a 17% surge the previous day. The boost came after the company agreed to purchase 37,396 bitcoin miners, representing 7.1 exa hash/second of self-mining capacity, from Bitmain.

Interesting buy/sell list by sector in seeking alpha 

My personal Ai winners in 2024 by category IN THE NEWSLETTER

$WBD huge insider buys at $12.49 - but they just sold that amount - it’s a tax situation for sure

Strategy 

Larry Williams turned $10k in to 1.2 mil in 12 months - lw volatility trading strategy that revolves around 1 indicator 

Donchain channels inductor 

Social Requests

SGA

RUM

I know several big creators who tried to make a go of it there but they didn’t get the views and money needed to make it work. It’s a chicken and egg problem and they don’t have either right now imo but it can be traded on hype 

SCANS

CRM

LNG

NXE

SARK

PG

XEL

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