3 Stocks that could be Jeremy Lefebvre’s next buys‼️

About this Video

• Video Title: 3 Stocks that could be Jeremy Lefebvre’s next buys‼️
• Channel: Jeremy Lefebvre Clips
• Speakers: Jeremy Lefebvre, Andre (mentioned), Scott (mentioned), Steph (mentioned)
• Duration: 00:27:37

Introduction

This video discusses three stocks—Dutch Bros, The Trade Desk (TTD), and Snowflake—that the speaker, Jeremy Lefebvre, considers as potential future investments. He analyzes each company's financial performance, growth prospects, and valuation, offering insights into his decision-making process. He also touches upon the broader economic environment and his investment strategy.

Key Takeaways

• Dutch Bros (BROS): Shows incredible growth but is considered overvalued at its current price (100+ forward P/E). Lefebvre highlights its strong business model and market share gains from Starbucks but hesitates to invest due to the high valuation. He likens its situation to Palantir's past high valuation.
• The Trade Desk (TTD): Experienced a significant price drop after disappointing second-quarter financial results. Concerns exist regarding increased competition from Amazon's DSP program and the sustainability of its high growth rate. Multiple downgrades from financial analysts further fuel these concerns.
• Snowflake (SNOW): While historically overvalued, its valuation is becoming potentially more attractive. Lefebvre indicates a need for further research to assess its long-term revenue growth potential (20%+ annually into the 2030s) before considering an investment. The potential for increased profitability in the near future (12-24 months) is highlighted.
• Overall Market Sentiment: Lefebvre expresses a generally bullish outlook on the market, citing strong buybacks, attractive yield levels in fixed income, and low inflation volatility outside of pandemic-related events. He acknowledges the risk of complacency and discusses his hedging strategy for his multi-million dollar portfolio.
• Hedging Strategy: Lefebvre uses put options as a hedging tool, typically from late September to mid-December, on stocks with strong potential, allocating potentially a significant amount ($50,000-$100,000) to this strategy in his publicly accessible account. He emphasizes that this represents a small percentage of his much larger portfolio and considers it sound risk management.
• AMD and Broadcom: He discusses a shift in his portfolio, reducing his Nvidia position (due to overvaluation) and increasing holdings in AMD and Broadcom, seeing them as strong secondary plays in the GPU market compared to Nvidia's leading position.