The Wildfire Top 5

[mrmarket]

Here are the top 5 from my latest data dump...I will buy one of these very soon....which one do you like, and why?:

DFH MHO SMCI TGLS TPH

[Louetta]

SMCI. People have reasons to buy it, or think they do, so it will go up. In this case financials are irrelevant.

[jiesen]

I'd be careful buying more housing sector stocks, already being in a couple now with LEN and ESNT (just don't like being too heavily into one sector in case they all tank at once). That only leaves SMCI and TGLS, of which I like TGLS better. SMCI just seems too inflated right now.
If I had to go with one of the 3 homebuilders, I'd say TPH looks the best, simply because of its chart - pointing steadily upwards. This one will probably get to 15% in a month or two no problem. I would definitely want to be out of LEN before I buy it, though.

Of the 5, I would say TGLS in my favorite (need to caveat this with the fact that I've only started looking at these this morning). Earnings growth is impressive, and the stock looks like it still has lots of runway left. For diversification reasons, I like also that it's a different sector, and different country altogether from all my other stocks.

[jiesen]

SMCI. People have reasons to buy it, or think they do, so it will go up. In this case financials are irrelevant.

Hey Louetta, your SMCI fav is coming back around! After falling to under $220 last week, it's back over $250! Looks like you might be right about it after all...

[Louetta]

Hey Louetta, your SMCI fav is coming back around! After falling to under $220 last week, it's back over $250! Looks like you might be right about it after all...

I've been enjoying the AI stocks, if indeed some of them have a real AI connection. I never invested in SMCI, fearing it had come too far, but I did buy some LEAPS (long term options) in Soundhound (SOUN), calls of January 2025.

A couple nights later a caller asked Jim Cramer on his national TV show about SOUN and he said it looked like a meme stock and stay away. Cost me 20% next morning. But on 6/20 Cantor-Fitzgerald raised their SOUN price target to $6.20 from $2.80, tho I saw no rationale given for for the change. Then on 6/26 SOUN joined the Russell 2000 and 3000. I'm now up over 100% with my options and they are still good for 18 months. What a great country.

[jiesen]

I wonder if Soundhound could help me market my Air BnB... AI has almost unlimited potential. I asked ChatGPT to write me some code today, and it churned out a perfect Python program for me in seconds. Eerie, for sure, but possibly extremely useful, depending what you need.