Where To Buy The Dip

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Gary Vaughan from Daily Stock Picks argues that the recent market selloff presents buying opportunities, particularly in high-quality technology and semiconductor stocks such as Micron, Nvidia, and Broadcom. Strategies for navigating volatility, including buying dips, taking profits after major run-ups, and balancing long-term investing with technical signals.

Transcript

Rena Sherbill: Hello again, everybody. We are back with Gary Vaughan from Daily Stock Picks.

It is always a great pleasure to have him on. I am especially pleased to have him on when the market is behaving so erratically, let’s say.

Daily Stock Picks, Gary Vaughan: It’s an up day, Rena.

Rena Sherbill: It’s an up day and let’s celebrate the wins. Let’s take them when we get them. Gary, what would you share with investors? I know that you have shared so much. What would you share with them today?

Daily Stock Picks, Gary Vaughan: I’ll tell you, you had Steve Cress on over the weekend and I listened to that one.

He and I think alike. And Steve, he and I were on this Seeking Alpha affiliate call with him and George Noble. And they were great. I mean, George is way up, like a hundred and fifty percent since June because he was shorting. George and I both have substacks, and, he’s a legend. He worked with freaking Peter Lynch.

So again, I’m nowhere close. And when Steve and George go back and forth, I’m just like a fly on the wall, and I’m like, I’m lucky to be there. But he called me crazy. I think Steve’s right.

In the short term, this market is overreacting to something that just doesn’t show up in earnings. And for me, as a longtime investor, I just point out that that it’s paid for me to be a long-term investor versus a short-term bear.

It doesn’t mean I won’t get drawdowns. I went over the last five stocks in the S&P (SP500) that took ten thousand dollars and turned it into a million dollars. And two of them in 2016 were NVIDIA (NVDA) and (AMD).

Now, you wouldn’t guess that AMD during the same time period was up as much as NVIDIA, as much as we saw NVIDIA rise.

But AMD has just been tearing it up. And I hear a lot of people talk about capital preservation, and when Steve was on my podcast, I pointed out to him a Goldman Sachs strategy that had they laid out to their clients that I’ll bring up later as part of one of my the three strategies.

But over the last three years, if you bought (VOO) any time the market was down 5%, you have a 100% win rate with an average win of about 8%. For me, that just defines a very good entry point to sit there and buy and hold. So as long as earnings are up, and we’ve seen this, I forget which company had it, but there have been double beats where it beats on revenue and earnings per share, and they give great guidance.

And yet the market takes this stock down 15, 20%. And I just think Steve has it right. It always comes back to what’s this stock earning?

And I’ll give you one stock that I love and that he loves and that he’s been pounding the table on, and it’s the most recent alpha pick. I think I’m not supposed to bring it up, but I’ll tell you what it is. It’s Micron (MU).

If I told you there’s a stock that is trading at nine times trailing 12 months earnings, and it’s trading at four times forward earnings, and they are sold out for the next 18 months, and they have an 80% profit margin.

And they’re growing at over 120% revenue year over year. I’d load up the Brinks truck on that one. And that’s Micron.

But everyone’s so afraid of that cyclical kind of trade and just coming down. But they have so much cash and they’re making so much money.

Every company out there, including Apple (AAPL), said we have to raise prices for memory.

And so I think the market’s just a little disjointed.

But it does feel similar to 2000. I was 30 years old in the year 2000. And you always thought, well, they’re gonna come back, they’re gonna come back. And sometimes they don’t come back.

But I think the difference between 2000 and now is you’ve got actual earnings behind a lot of these companies. Sterling resources down like 50%. Coherent was way down, and we saw that one come ripping back after they had great earnings.

So I think the market’s re-rating some of these things based on valuations, based on the stock going up. But I think a lot of people and myself included, I’m buying the dip.

And so I don’t think this time’s any different than any other time that I bought the dip over the last ten, fifteen years.

Rena Sherbill: Are you are you buying the dip selectively? Are you buying the dip broadly? How are you how are you buying that dip?

Daily Stock Picks, Gary Vaughan: Both.

I’ll bring up a couple of strategies. So the first strategy that I laid out to my audience, I think we did it in June after Joe Terranova was on the compounded friends and brought it up. if you enter the day of the midterm elections over the last 50 years, you’re up on average 16% when you sell in June. it has a 100% rate win rate.

What makes me think this time is different? Is it because Trump invaded Iran and we can’t get out of Iran when he’s talking today, you see oil down because he doesn’t think he’s gonna invade Iran.

That’s a long term strategy. It’s not something where you just get in and get out. But I wanted to find my entry, so I used, when I’ve been on before, I’ve talked about TrendSpider and and finding the right entry.

I didn’t enter the day of the midterm election. I waited. And then the next day we had I had I got basically a five, six percent gift given to me.

So I’m triple leveraged in into that one. And I also have a complete separate degenerate one with (TQQQ), where if you go back six and a half years, it only gets you in four different times.

But it wins all four times. The entry happened just after COVID. It happened just after the 2022 downturn. The average win is 32%. It’s about to get you in again.

And so I think again, when I look at these strategies and I say, okay, how do I get in? How do I do this? I place a a little bit of a technical realm, but also a fundamental.

There’s a lot of stocks that are just really good stocks. I was looking at Victoria’s Secret (VSXY), which has killed it in the Pro Quant portfolio. And that’s one that I brought up. I would have never bought that one had it not been the for the Pro Quant portfolio.

And so again, I think you have these great stocks that are still moving up. But the overall, the tech trade, anybody in tech trade just got killed over the last mu six months. And I think it was Dan Niles. He said, and I agree with this, if the Anthropic (ANT) IPO doesn’t go good, that’s your signal that June may have been atop for a little while.

If we see the market come in and actually buy up Anthropic, I think that’s the signal that the trade’s back on and you can triple leverage into into something and

We’ve had these scares with DeepSeek (DEEPSEEK). Every time we’ve had a scare, it’s come back.

And so my question is what’s different now?

Because earnings are even better than they were before. The only problem is if you have some of these companies that are high flyers, they have to compare it to the previous earnings.

And so you see, NVIDIA has flattened out over the last year. Why? Because they had crazy comparables. They can’t grow it 100% at a $5 trillion market cap.

You’re seeing Micron growing at 120%, well, slowing down to 80%. I’ll still take an 80% trading at a four times forward multiple. I’ll still take it and I’ll take the chance on that one.

But I think in this market particularly, you’re you’re you’re dealing with a lot of risk reward. And I think the majority of people in this market have never experienced a multi-year downturn, which the last time it happened, I think was 2000, 2001. So I take a long-term view of this.

But I ask again, what’s different about this time? George would tell me the difference is this time with the AI stuff, there’s no particular revenue associated with the AI stuff.

But I think that’s what you get with the Anthropic IPO. You get a peek into the growth and the trajectory of that particular company. So I think there’s a lot of good to to still happen. I don’t think we’re in 1999 or 2000. I still think that we’re in 1997 or 1998.

Rena Sherbill: Do you consider the fear misplaced and just a misunderstanding of the opportunity? Do you feel like there are good reasons to be fearful and and to take your money out or to be fearful of the money that’s in these names?

Daily Stock Picks, Gary Vaughan: I think if you didn’t have a good amount of fear, you’re crazy.

What if we had three years of 20-something percent gains, 20, 30% gains? you’d be crazy if you weren’t actually trimming some of your stocks.

Apple’s (AAPL) a great example. 50% of my portfolio is an Apple. I’ve been super, super happy with the performance. I’ve outperformed the S&P just based on the Apple position. But as it gets to 52 week highs and it’s trading at crazy multiples, you’d be crazy not to take some off the top.

And then buy the dip because Apple’s just a great company. It’s a the the cash flow that that company has is just phenomenal. And I can’t imagine getting having less of that in my portfolio. I now borrow based on my Apple size. And that’s a that’s a stock that if you put two thousand ten thousand dollars into it in the early two thousands, you’re a multi multi-millionaire today.

And I make this guarantee to everybody out there. And I think a lot of these stocks may be in the Alpha Picks, the Pro Quant portfolio.

I like to buy and hold, so my particular style is more alpha picks, but there are stocks out there that will take today $10,000, and 10, 15 years from now, it will be worth $1 million. The other guarantee is that you’re going to have to sit through 50 and 60% downturns in that stock.

Not everybody can.

And so as you get these huge run-ups like we had in June, I think it was the (SMH) was up a hundred percent, which is crazy for an ETF. But it was up crazy amounts in June.

I think we’re just giving some of that back. And people are concerned that it’s over because you got the semiconductor and the memory cycles that are both cyclical. And and they’re they’re kind of, you know, they they could get killed. And they come as fast as they go up.

That’s how fast they come back. So I think people you you do have to have a certain amount of fear. But what I like to do is I like to take those weekly and monthly charts that that we have and that I have in TrendSpider and just run some moving averages against them. And as we start to see a little button hook, that half circle on the top, trim some.

Take some profits. You can’t go poor taking profits.

Again, this morning I went over my learnings for 2026 in Alpha Picks. And I think that Alpha Picks particular, that portfolio, I think one of my learnings is when we get up there and we we start flying high, don’t be afraid to take some profits and maybe go away from that portfolio holding percentage and just make sure that you know you you’re managing your portfolio a little bit better, maybe with a little bit tighter rules.

Because those stocks do run up quite fast and as we’ve seen they can come down fast as well.

Rena Sherbill: Do you give credence to the bubble talk?

Daily Stock Picks, Gary Vaughan: It’s the dumbest bubble in history.

Micron’s (MU) trading at four times forward earnings. It’s the dumbest bubble in history. Nvidia (NVDA), still growing. I mean, we won’t talk about the honeypot situation. Still growing at 80%. A honeypot doesn’t make it grow at less.

But right now, for me, I think there’s better semiconductors in there. Do I think it’s a bubble? Go and use go and use Facebook Muse. The bubble, I think, is just in the amount of people that aren’t using it.

Uber (UBER) in their latest earnings said a total of four rides were hailed by AI. Nobody’s using it. But guess what? When you start using Muse, you’ll start seeing how it can do stuff for you. you’ll start seeing that little agent. And it’s all for free.

And Meta (META) is one of my big picks. I love Meta. I’m not doing it now because Zuckerberg’s still spending. But I had a buy under 600 and we saw it run to 750 and so we trimmed it at 750. And so it’s nice and easy to see those big runs.

And as you get those big runs, I think in this market in particular, there’s a lot of leverage in the market.

We see that that with the South Korean market, is that with the leverage, you’re seeing a large up and then a large back turn. So I think you can buy the dip.

But as far as bubbles go, use the tool. I mean, just use AI. What was it 2023, Will Smith was eating the spaghetti where he poured spaghetti sauce all over the wall. You can get a 4K high-quality image of any celebrity that you want eating spaghetti today. And that’s just what, three years? So I have no doubt in my mind that that change is coming.

I don’t think it’s a bubble. I think you’re going to see some of these things actually pan out.

But I think similar to 2000, you’re going to see a lot of in the wasteland as well.

But I think there’s a lot of companies like Meta. He just built a Batman cave in in Hawaii. Guess what’s in that Batman cave? It’s called a money press. He’s printing money with Meta.

So I have no doubt in my mind that at some point in time – listen, if measles can make a comeback in this country Rena, so can the market. So I don’t think there’s a bubble.

Rena Sherbill: Mic drop. A seeking alpha analyst, Kenio Fontes quoted myself back to me on his last episode last week saying that I said a couple months ago, make Meta cheap again, which apparently the market has done.

The headline or the title of Wall Street Breakfast podcast episode today was The Spy Who Loved NVIDIA, and NVIDIA is markedly down. Anything to note there? Anything worthy to say?

Just shenanigans or I mean certainly shenanigans, but how deep does it go?

Daily Stock Picks, Gary Vaughan: For me, it’s the oldest thing that’s ever happened in the book. He’s human.

It’s a personal situation more than I think it is a national security issue. Trump knew about it. He didn’t have a big deal, the big problem with it. So if the president of the United States doesn’t have a big deal big thing about it, Jensen’s been clear. He wants to sell in China. And he’s been pushing that administration to sell in China.

The board conducting an interview, what are they gonna do? My joke this morning was, Elizabeth Warren and AOC are gonna pull him up in front of the Senate panel and start hating on him and making him embarrassed, and then he’s gonna stand up and say, You know what, Nvidia’s gonna pay for healthcare for all United States citizens and illegal aliens. And boom. All of a sudden AOC and Elizabeth Warren are clapping in applause. I don’t think anything happens. This doesn’t get the train off the rails.

This is essentially just another story. And NVIDIA to me, I think anything under $200 is a steal on that stock. Is Elon Musk, who has 50 different baby mamas, is he canceling his NVIDIA chip buy for Colossus just because Zuckerberg is canceling his chip buy? Just because the CEO cheated on his wife? I don’t know. I mean, my big thing is I see the earnings.

I think you can follow earnings and I think you can see those earnings where the money’s being spent. Like I said, Coherent (COHR).

Look at (LITE) and Marvell (MRVL). Marvell is a great company, but they currently are a very infrastructure like company. And they’re buying an infrastructure heavy company in in Lumentum.

And so what did the market do? It took them down. I I think it’s ridiculous. I think that deal is ridiculous. I didn’t buy more LITE because I’d just buy Marvell.

But you’re seeing Lumentum’s up like 10% today. It’s just too cheap. Again, they’re sold, I think they’re sold out of all next year’s inventory. And it’s trading at a cheaper price on the forward multiple than the trailing 12 months.

So I think you have to, if you believe, and I think Josh Brown said it the best, the bears in the market, put your money where your mouth is. And Burry, to his compliment, he shorts and he’s been riding that wave. If you don’t want an 80% downturn, don’t short the market. If you want an 80% downturn, short the market.

That’s kind of my thing, is I think the bulls outweigh the bears. And back in 2000, Rena, we didn’t have 401ks. You didn’t have every two weeks a trillion dollars coming into the market just based on passive income.

So I think today is different with the leverage, the money that’s coming into the market. And I think that’s all bullish. But again, to recent V-shaped recoveries, how is this different?

Rena Sherbill: Any thoughts you care to share about SpaceX (SPCX), Tesla (TSLA), that speaking of M&A, well that’s just a rumbling at this point, but any thoughts there?

Daily Stock Picks, Gary Vaughan: It’ll happen.

So I got allocated shares of SpaceX at 135, I think was the allocation share. I got allocated quite a bit just because of my net worth, I guess. But I requested the maximum. They gave me close to the maximum. I sold it within three hours, 135 to 165, I think.

I made a nice six-figure gain in that one. I was pretty happy with it.

I’m not happy with the multiple. We talked about $10,000 going to a million dollars, you’ve got to really feel like SpaceX is going to be a $30 trillion company or a $300 trillion company to go from $10,000 to to a million dollars in that one.

The valuation makes no sense, but you’re also talking to a guy who bought his Model 3 in in 2018 for $60,000. And I didn’t put $60,000 into Tesla at that time, which today would be worth close to a million dollars. So the valuation scared me away.

I think with the stocks, I’ll give you a great example, Broadcom (AVGO). It’s trading at a market multiple of like 19. Okay, so the S&P trades at about 19, 20 times earnings on generally. Broadcom’s trading at about that with a 50% growth. Will the growth continue?

Or has it come to a place where all of a sudden Broadcom isn’t isn’t making chips? I don’t think that’s the case. So I think there’s a lot of deals in this market where you can set it up. I often tell people you’ve got to decide before you press the buy button.

Is it an investment or is it a trade? Because I think a trade is a far different allocation of of your assets than an investment.

I consider an investment a three to five year kind of thing, and I can trade within that investment.

But I like the company, I like the fundamentals, and I also look at the technicals.

And it’s why I’m not buying Apple hand over fist right now. It’s the best company out there. I think it’s the safest one. But in my mind, 50% of my portfolio is in there.

Do I want 50% of my portfolio in a company that is at its 52-week high? And go and take a look at the weekly chart on that.

You’d be crazy. And the multiple, the valuation. There’s a lot of great things out there. In fact, I just launched an app. The website is dailystockpick.app. It’s free. You get a free seven-day trial, even if you want the paid portion. So I’m trying to make sure that people understand it. And the whole thing was we had agents, and this isn’t vibe-coded. I had a Microsoft engineer who’s really good at AI put together an entire agent group of like 30 agents.

And they listened to over a thousand episodes of my podcast. And they said, here are the things that that your audience wants based on the comments, based on feedback, and based on what we see.

And one of the biggest things that people wanted was buy the dip. And where should I buy the dip?

I had some great call outs like Bloom Energy (BE). I said buy it under $200 when it was like $165. You’ve had several times to do this where it pops to like $240. Buy Meta under $600. It sat there, but it popped all the way to $750. AMD, same thing. Buy it under $400. And we saw that thing run to $650.

So I think there’s opportunities to juice your returns in the short term, but I do think you need to find those. And there’s a great, I think it was Stephanie Link who said this. It was one of the best tips that I ever had was – make a list of five stocks that you like, companies that you like that you use that you really like, maybe it’s a company where you like the management team.

If it pulls back five or ten percent, don’t ask questions. Just press the buy button. Because if you like that company, more than likely other people are gonna like it too.

And that was the whole reason I bought Apple in 2006. I walked into the IT office of a new job and they handed me, I think it was a Blackberry. And I said, Can I get an iPhone? And they said, no, we don’t do iPhones. And I said, how many people actually ask for an iPhone? And he said, everybody that comes in here asks for an iPhone.

I took my signing bonus that I got at that job and I just bought Apple stock. And I didn’t sell it. And I did have to sit through four or five 50% downturns during the period. I didn’t sell for 20 years.

So again, I think that we’re in that kind of market where you could do (VOO) and chill. I mean, right now you’re below the all time high.

Just do VOO and chill. Or you can juice return by actually looking at some technicals and doing some actual trading. And you could trade. And Rena, I’ve said this before. That quant that you guys have on Seeking Alpha, it’s so good. The Pro Portfolio, I think the Pro comes with the upgrades and downgrades. And as an affiliate, I get it. Full disclosure, I am an affiliate, so I do get it. But I look in there and I’m like, holy crap, it just changed from a hold to a strong buy. And it’s up like 20% today. And it’s because the fundamentals changed and that quant overnight rating realized this is a quality stock.

Rena Sherbill: Any things that you really don’t like that you feel like is overly celebrated or just things that you would caution investors about at this point?

Daily Stock Picks, Gary Vaughan: I mean, healthcare is one I don’t get. And I think that’s the one that’s running.

I think energy is one another one. I liken myself to large cap tech. And that’s what I know. And that’s where the focus of my portfolio is. And I’m fine sitting through fifty percent downturns. It’s happened more than once in my life, and I’m not the best capital preserver.

It’s not that I don’t like those, it’s that I don’t understand them. And I think that saves me from maybe some downside, but also understanding where my strength is.

So I’ll throw my money into an index for safety. I’ll throw my money into to to maybe one of those sectors.

But I’ll give you a great tech tip right now. I mean, we’re worried about the the Democrats not building data centers. What does that have to do with cybersecurity? Nothing. Nothing. You still need cybersecurity. Hacks will still happen.

And Palo Alto Networks (PANW) and CrowdStrike (CRWD), they took dips of like 25%.

And yes, they are overvalued. But once you get to an area and a price with a stock, I always say that price will come back at some point in time. Doesn’t mean it’s going to come back tomorrow.

But if you buy that dip in a good company, a good company with good products, good profit, and good management, you’ll absolutely hit that all-time high again.

So it’s just a matter of finding those those those those right places. And I know Peter Lynch always says it. When he managed that Magellan Fund, he said if a stock dips, you just got the price on sale.

And there are several that I’ve bought over the last like three months that I’m down 15, 20%. I know I can buy it right now on sale. So I’ll just dollar cost average because I like the price that I bought it at.

And one of them, Western Digital (WDC), I bought it 450 bucks. It’s at like 350, 370 something today. I’ll buy it again. That’s a stock that just, go onto Amazon and look at a Western Digital hard drive and do the price history for the last 90 days.

They’re still going up. They’re still going up. So I don’t think that is something that stops. So in my mind, it’s not that I don’t like certain things in the market. I think Jim Cramer always says it, there’s a always a bull market somewhere.

That guy called Intel (INTC) the stock to buy and hold back in June at its all-time high. He’ll be right at some point in time, but he takes it on the chin and all of us do.

Every bull out there has times in the market where you’re gonna look foolish and you’re gonna look foolish in the short term.

But I think the long term, time is your friend in this market. And I don’t think we’re looking at a a significant downturn.

Rena Sherbill: What would you say about Anthropic (ANT) pushing ahead with its IPO for this month? Do you agree with it?

Daily Stock Picks, Gary Vaughan: If Fidelity lets me allocates me more shares, I will buy them. The roadshow is this week.

And so I think we get a sense of what their actual monetization path might be. I don’t think you’re gonna get any quote unquote details through the roadshow. I think you’re gonna get more of the the S1 kind of stuff, which is just here you go, I’ll take the allocation that they give me and I’ll trade it.

If you look at every large IPO that we’ve seen this year, not one of them has held for more than a week. And so in my mind, I think they’re gonna grab as much money as they can. I think the market’s going to question it.

If they price it too high, they’re gonna get screwed and I’ll lose money on that allocation.

But that is if they price it too high. So you’ll know the day before. I’m not one of those, I have a lot of friends who may be newer to the market, and they say we just want one share of Anthropic so that we can pass it on to our grandkids. I don’t think it’s that kind of stock.

I’m not a tech expert and everybody says Anthropic is the best. I mean, I was using Perplexity two months ago. Now I’m on Muse. I think the model doesn’t matter to me.

And again, I bring it up. Uber said there were four rides hailed by AI. I think that’s gonna dramatically change as we get more people using agents. But if that’s the amount of people using agents right now, that’s four hail ride hails per quarter, it just means that they have to do a better job and they haven’t reached the masses.

I think a lot of us in this investment space that use AI. We see it in our businesses. I don’t create thumbnails anymore, I have affiliate links automatically put in. AI cleans up my notes. I can create a script completely for my podcast via AI just based on my portfolio and things like that. It’s changed the game. I can do what used to take me six to eight hours now takes me like 30 minutes.

Muse canceled my gym membership. I didn’t want to sit on hold on the phone with LA Fitness. It called. It canceled it. So that’s where I think you’re going. That’s where I think people haven’t seen the full power of it yet.

But I think that’s coming and I think Anthropic knows it. I think OpenAI (OPENAI) knows it. But I don’t think the model’s the differentiator. I think it’s the actual getting to the people. And that’s where I think Google (GOOG) (GOOGL) and Meta are the two that actually have the benefit there.

Rena Sherbill: So you would say that Anthropic is pushing ahead to capitalize on the juice? If you were leading Anthropic, would you go public this month?

Daily Stock Picks, Gary Vaughan: Yeah. Yeah. In my mind I think they could stay private, but I don’t think you have an end to that AI trade in the market the longer these two companies stay private.

I think they realize that. I don’t think it’s a matter of them wanting to go public. I think they see that they need to go public in order to be just out there and in front so that the shorts don’t say this is just a game and and it’s a shell game and we’re not seeing anything.

I think if they do come out with the projections that they’re talking about and it’s that impressive, I think it’s the right move for them. I hope it’s the right move for them and I hope the market takes it that way, but I think they do need to go public.

Rena Sherbill: And on the flip side, what would you say about OpenAI delaying their IPO?

Daily Stock Picks, Gary Vaughan: OpenAI for me, they don’t have the social that Google and Meta have and they don’t have the business portion that Anthropic has.

So they’re in this horrible middle space where again, I don’t think the model differentiates you. They were the number one app on the app store. They had that juice, and I think you’ve lost it.

And I think they waited too long to go public. I think they’re in a different situation than Anthropic. I think they’re gonna let Anthropic go and then they’re gonna see exactly how that goes and then they’re gonna release it.

But we saw this. And by the way, the market, remember when SpaceX went public? We saw the same 10%, five percent pullback in the markets. Money’s going somewhere. I think this was just kind of lobbed on with the election and the Democrats winning and the scare of, my God, not again.

We’re gonna stop AI. And Democrats won, nobody canceled orders from Celestica (CLS) or any of those companies. Again, I think it’s the dumbest bubble in history because the earnings are out there.

But OpenAI, I don’t use it. I never have used it. I’ve always found other sources that I think are better.

Rena Sherbill: Did I get the answer about whether or not you think Tesla’s gonna buy SpaceX?

Daily Stock Picks, Gary Vaughan: It will. With him canceling the Cybertruck. I know some people who work at Tesla and he’s right.

The back orders that they have are gonna outrun the production and he’s gonna have to refund some of the the stuff. They were doing fine with Cybertruck. It wasn’t like an F150 style truck. It was never that, but the production was keeping up and they were selling enough of them.

I have a Tesla, I have full self-driving, I am 90%, I can pull it up on my app. I am 98% of my driving is full self-driving. I the he’s right in that it doesn’t make sense for them to have ancillary products, and I’d be shocked if they are still a car company five years from now. I think if Cathie Woods and the ARK team and a lot of the investment class that that that I listen to, if they’re right, they’re going to need to make a lot of these cyber cabs, and the cyber cabs will make them a tremendous amount more money than making a car for people.

And so I think they’re gonna convert a lot of their lines over to that. And I think that just makes sense where you’re not a consumer product anymore. Well, what do I need to be a public company for? Let me just have an honest to God, if I know Elon, it’s going to sell for $420. I would not pay $421 for a Tesla stock.

If it’s trading at $320 and you think it’s going to buy it, buy it at $320 because you’re going to get a $100 gain at some point in time. But I don’t think it’s a matter of if, I think it’s a matter of when. He doesn’t like being CEO of two public companies. He wants to be CEO of one. And he’s got the power to do it.

Rena Sherbill: Do you have Tesla in your portfolio currently?

Daily Stock Picks, Gary Vaughan: No. No, I have I have a lot of (XLY), which is I think forty percent Amazon (AMZN) and Tesla. That’s my Tesla exposure is I consider that to be my I just like the car, I like the company. I just have never at fifty-six years old, I don’t like the volatility and the valuation of the company.

And so I’d rather hold it within that that that ETF because I think I’m much more bullish on Amazon.

So that kind of just balances out in my my mind, my exposure. And XLY, I think it’s the worst per worst sector this year. one of the worst sectors, so it hasn’t played out really well for me at all.

But I think Amazon, you look at the chart on Amazon, it’s just a matter of time before that one takes off. I really like Amazon.

Amazon’s one I like, Nvidia’s I think a safety one in my mind. Apple’s a safety one. Micron, like I said, is a safety one. Broadcom. I mean, those are all in where I’ve got good good exposure to them. So I’m still big on this tech trade.

Rena Sherbill: Will you say three nice things and one bad thing about Amazon?

Daily Stock Picks, Gary Vaughan: Prime delivers to me in a few hours. Thursday night football.

Rena Sherbill: I didn’t say a haiku.

Daily Stock Picks, Gary Vaughan: Thursday night football. Any NFL fan needs Prime to watch Thursday night football.

Andy Jassy just said he’s gonna have two lines of business that are $1 trillion in revenue. He’s gonna have the AI line and he’s gonna have the consumer line, and they’re both gonna be $1 trillion.

And guess what? It’s not a true trillion dollar company. And so you’re going to get that growth. one unkind thing the stock’s been dead money. For years, it’s been dead money. So it hasn’t worked out that way.

So while I’m a big bull and I love it. It’s been dead money. It’s one of my top five positions. And even last week, I think it was Wednesday last week, the stock was up seven percent. I made more in one day between Apple, Google, and Amazon, they were up like seven percent each.

I made more in one day than I made 10 years working in my my professional career. And I was super happy. And then what happens the next day? They all go down like 10%.

I think it’s the market that you’re in, is you’re just gonna have to whipsaw sometimes. And I think with leverage in this market and and people wanting to make money, that’s why I think TrendSpider and and Seeking Alpha are the greatest things, is you find quality companies on Seeking Alpha and you use the charts on TrendSpider and strategies to trade them. So in my mind, it’s the best of both worlds. And then, I have the app for the buy the dip stuff and my Substack.

I just wrote five stocks where over the last month where I gave buy the dip where it was like ten percent, fifteen percent gains you could have had if you bought and just used as strategy. So I think that’s the market that we’re in. So I think I did the three good and one bad on Amazon for you.

Rena Sherbill: You nailed it. It’s always a joy to talk to you, Gary. I know that everybody understands why that is. You’re entertaining and informative, educational and edifying. I always appreciate talking to you. You can watch Gary, you can listen to Gary, you can read Gary. Happy for you to share those places now. Happy for you to have the final word, final thoughts for investors in these volatile times that we’re in.

Daily Stock Picks, Gary Vaughan: All my links are on Linktree or you can just go to dailystockpick.app or Substack, just look up Daily Stock Pick. Any one of those.

I read the comments under the Alpha Picks stuff. I understand that people are frustrated with some of the things that that are going on. I think Steve’s 100% right, and I think your quant team is one hundred percent right.

At some point in time, there’s a reason the CEO of Intel just bought what, $10 million worth of his own stock after it was down 40%. I know that’s like us going out to lunch to those guys, but again, CEOs buy for one reason.

And I don’t see this stuff slowing down. I see it picking up once we realize exactly what is going to happen. But you can’t tell me that the Democrats are going to slow things down. If they slow things down, they crash the economy.

And they’re partly in charge right now. And everybody in Congress is focused on 2028. And if they don’t have a good economy and they can’t say, well, we took over and the economy is good, then they’re not going to win in 2028.

I think we’ve had eleven election cycles since the financial crisis. Ten of them went against the party that was in control.

It’s just the world that we live in that I think people are sick of this, but it’s the same thing. You have extremes up and down, whether it’s the political cycle, whether it’s the investment cycle, sometimes you just gotta shut up and buy.