AI STOCKS TANKING! 12 STOCKS TO BUY NOW!?🔥

Are you guys ready? You better be ready, man. We have 12 stocks to break down. Literally, all these reported earnings today. Let's dive into it. And by the way, the entire market today was all over the place. The S&P, I think the Russell, and the Qs went down, but the Dow went up as gold, silver, and Bitcoin all had green days. So, one of those days in the market. You guys You guys know how that is, right? So, with that being said, we're not going to spend too much time on that, honestly, at all in this video. Let's just dive into these earnings. So, SanDisk is number one, ticker SNDK, which I did peek at these at these earnings, guys. They just came out about 10 minutes ago. It's 4:25 here on the East Coast. So, they're fresh off the press. And the stock, well, the stock is down. We're at 12:88 right now in the after market. We actually hit 11:92 at the low after closing at 13:50. And you guys know this stock is definitely the most important report or this company is the most important report for today and for the entire memory trade, you know, at least today, right? Obviously, we have Micron, which their numbers they came out recently. I guess not too recent at this point, end of June. Either way, SanDisk reported, stock is down, and overall, the stock heading into the report was down a lot from all-time highs. We're talking 42%. So, they ended up reporting $39 and $0.25 of adjusted EPS, which beat the 34.45 estimate, and sales came in at 8.96 billion, almost 9 billion, versus the 8.39 billion estimate. So, very strong double beat. Is anybody surprised? Probably not. And they expect revenue for Q1 in the range of 10.3 to 10.8 billion dollars with EPS on EPS adjusted of $44 to $46. So, they're growing quarter on quarter an unbelievable amount. If you guys take a look here, literally two quarters ago, they reported $6.20 of EPS. Last quarter, it was 2340. This quarter again, it was what? 33? 3325? And they're guiding for over $44 of earnings per share in the upcoming quarter. Um this go around, adjusted it was $39.25. Insanity, guys. Um and it looks like here uh the board of directors, they're approving an additional $14 billion buyback program. So, they're buying back stock, bringing the total remaining authorization of $15.5 billion. So, this company guidance is strong, very good earnings, and the stock is selling off. Again, sentiment when it comes to to semis, nowhere near what it was a couple of months ago. If they reported If they reported this quarter 6 months ago, right? This stock would have gone up like crazy. And look, it's not down a lot. I mean, it's not down like 20%. Um it's actually rebounding, but it's still down. We're down about 4% in the aftermarket, and initially we got down to 1190, like I said, and the overall chart is nowhere near breaking out. That's why I hesitated even touching this stock today, guys. I I was about to trade it, and I'm like, "Ah, let me not. Let me not. Let me wait till earnings come out." This thing is still in a downtrend. Lower lows, lower highs, and even with this earnings report, stellar report based on those um headline numbers and the guidance, this thing is not budging. Um other names like Micron are taking a hit in the aftermarket, not much. Um initially it did. I guess now it's spiked back. Uh but yeah, it took a hit down to 865 when the earnings from SanDisk came out. Um I think WDC reported. We might as well go to that one now. This stock is down uh from 520. This is Western Digital. It hit 520 at close today. Now it's at 467. This thing's down 10%. So this one is gapping down pretty big time. Um and we can see it got rejected right at that 575 resistance, right at that 180 SMA on this 4-hour chart. So we got nailed there on Western Digital. This thing looks like it's going to go for the lows from the end of July, middle of July being about 440. So WDC reported adjusted EPS of 356 that beat the 329 estimate on sales of 3.74 billion versus 3.69 billion. So double beat and they see Q1 adjusted EPS of 385 to 415 versus $3.81 expected. So very good guidance on the EPS front for Q1. And for sales, 4 to 4.2 billion versus 4.03 billion is the estimate. So very good guidance, man. Another double beat, strong guidance. They said um revenue is expected to be up 42 to 49% year-over-year for uh for Q1. So these companies crushing it still, but the reality is sentiment. It's not there. It's not what it was. Uh we're hearing Burry. He's doubling down on his shorts. Uh I don't think he's actually doubling down, but he's doubling down on his take. He's saying, "Listen, even with the S&P going to all-time highs, I'm still bearish. I'm holding shorts in Nvidia, Palantir, Tesla, you know, all the other ones." I'm forgetting now. I just read the article. Either way, he's still shorting all these companies. And by the way, the only one he's down on is Nvidia. Oh, Micron's another one. I don't know I don't know if he's shorting Sandisk, but the point is we're hearing all these big-time investors, you know, saying they're shorting the AI trade's in trouble blah blah blah. And the sentiment in general, even amongst retail, it's just not what it was. We got that hedge fund that got blown up, you know, who knows if there's another one next week where it's going to happen to. You know, there's a lot of uncertainty in the trade. Even on great numbers, these stocks just can't move at this point. Not saying that can't change. That could change in a month from now, weeks from now, next week for all we know. But right now, we're dumping on strong numbers. We got numbers out of let's see. I think AppLovin. Let's see what this one's doing. Oh, this one's tanking. You know, you notice a theme here, guys? These stocks are tanking. AppLovin closed at 417. Now we're at 329. The stock's down 21%. Oh, that's that's absolutely brutal, guys. They reported 376 EPS versus the $3.67 estimate. Sales missed, okay. 1.92 versus 1.935 billion. So, mixed earnings out of AppLovin. They see Q3 sales of 2.05 to 2.08 billion versus 2.06. Okay, so maybe the lower end of that range is under the estimate. That might have spooked investors. Let's see, anything else on guidance? Not really much here, but yeah, this thing's down 20%. 20% on a slight slight revenue miss. And now we're pretty much at lows. We just hit the low on the year just now on AppLovin. This thing hit 298. That's the fresh year-to-date low. And on the one-year chart, I mean, look, it looks like we're pretty pretty getting close to a 52-week low on this stock. Not just a year-to-date low, a 52-week low. So, these stocks are getting hit. Obviously, Apple have been way more than SanDisk and Western Digital, but yeah, I mean, they're all down. Elf is another one. Let's see, I didn't look at these numbers yet. Curious to see, oh, they're down. They're down, guys. Although, Elf Beauty is up massively from the low off the low from June. So, I can't can't knock on it too much. In fact, this pullback kind of looks like a decent entry, at least chart-wise. I mean, look, it's holding an uptrend. We're holding that 180 SMA. We're you know, making a higher low here, it looks like. It actually looks like we're rebounding in the after market a bit. This thing hit $74. Now, it's at $81. So, Elf Beauty reported let's see here, folks. Um a $1.76 or 75 EPS versus a 71 cent estimate. Sales came in at 480 almost million versus 431 million. So, very strong double beat out of Elf Beauty. And this is one that, you know, I missed. I got to be honest, this thing ripped a couple years ago. I'm not sure if you guys remember that, but back in 2020, this stock was like 10 20 bucks a share. It went all the way to 220. This was a 20 bagger, a 10 to 15 20 bagger, depending on where you got in. And it's collapsed since, but it looks like it's finally gaining its footing again. I just realized this thing went from 220 to $49. That is obliteration. But, you know, it ate that it ate that 80% loss, that drawdown now starting to come back. And I have no idea what the fundamentals look like these days. I remember back, you know, 6 7 years ago, Elf was like, oh, the the cheaper makeup products, you know, the the the more not not not not that they're bad, but more affordable, right? I don't know how it is these days, you know, the only reason I knew about Elf back then was because of my wife, you know what I mean? But, I don't I don't think she uses Elf now. I've no freaking idea, to be honest. But, it might be out of my circle of competence, doesn't mean it's out of yours. So, if you want to go buy Elf Beauty, by all means. Fundamentals aside, again, the charts look good. And honestly, if this stock could take out 95 to 100, this thing might this thing might run, you know, if we take out the low or the highs, rather, from earlier this year. So, let's go to another one here, Redwire, which I actually have some calls in. Oh, yeah, baby, let's go. This thing's moving. Okay, wait a second. Oh my god, it's got the $12. Guys, okay, so I am down on these calls, but I did you know, I did buy $10 calls that expire in January. At the time when I bought them, they were slightly in the money, and the trade worked against me at first. And this is why, especially on riskier stocks, I like buying in the money calls, right? You have some intrinsic value on your side there. Especially, you know, you got to pick an expiration date far out with a more speculative volatile stock. And if you buy in the money calls, if the trade works against you a little bit at first, it doesn't it doesn't hurt you as much. So, yeah, I bought those $10 calls. The stock got down to $8, I'm pretty sure. Where the heck was this thing? And I was down like 50 to 60% at one point on those calls. I'm still down, like I said, but this is going to help, if this holds. This stock is ripping right now. So, yeah, we got down to 780, actually, just a couple days ago. So, yeah, we got well under that $10 call that I bought, but now the stock it hit $12.15 in the after market. Now we're at about $11. It's pulled back. So Redwire, and by the way, this is in the in the space industry, space sector. Um they actually missed EPS. Looks like they lost $0.19 versus the loss of $0.15 expected, okay? On sales of $117 million. That came in pretty much right in line. Uh we can see, yeah, pretty much right in line. Sales guidance 450 to $500 for uh for full year 26 uh versus the $470 million estimate. And guys, this is a smaller company. I don't even uh I forget the market cap. I mean, let me see if I could look it up real quick. Redwire market cap, it's got to be like 10 billion. Oh my god, no. 2.5 billion. Yeah, it's way Okay. Yeah. I knew it was 10 billion or under. So 2 and 1/2 billion dollar market cap, guys. Pretty small company. Um so, you know, the price of sales is what? A five? I mean, that's not it's high, but it's not that crazy uh considering um you know, the the the size of the business and the growth of the business for that matter. A five price of sales. So, what? They're about to do 500 million this year trading at two two and 1/2 billion. Not not too out of the ordinary for these space stocks. In fact, I would say that's pretty low uh price of sales for a lot of these space stocks. Um so, I'm excited about it, and that's why I held through the the pain, guys. Look, the the overall trend was holding. Redwire is doing pretty well right now, and uh it's starting to break back out. We're back over this 180 SMA for the first time, literally, uh since the middle of June. Now the market's getting a bit more risk on. Maybe not so much with the semi stocks, but listen, the market is not just semiconductor stocks. And uh it like a lot of these other sectors are starting to pick up. Redwire is one of the stocks. Well, I guess the space sector is still a rocky uh but Redwire is actually doing pretty well here. So, I'm excited about it. We'll see how that plays out tomorrow. Uh obviously, this is a a risky stock. This could easily go red tomorrow uh for all we know. I mean, this could give back all the gains tomorrow or could run to $15 tomorrow. That would be insane. If that happened, I'm locking profits on my calls, guys. Uh but, you know, we'll see how that goes. That's Redwire. Mercado Libre is another one that I'm in with shares in this stock. It's getting nailed, guys. It's getting nailed. It's um it's been struggling these last couple of months to really break through 2000 1950. I was hoping this time around it would break through uh but, we're getting nailed here back under 1800. And I guess on the plus side, um it looks like we are technically if we if we just get rid of that charting I had before, we're still technically holding higher lows here over the last couple of months. Um so, easily we could get some buyers here in the in the high 17. So, it's not the end of the world uh but, I was hoping we would pop on earnings. We didn't. That's why I don't I don't trade earnings, guys. I'm a long-term investor for the most part. Obviously, I make short-term trades uh with a portion of my money. But, I'm definitely not trading options on earnings, guys. Unless I unless I'm feeling it that day, I'm not doing that. You know, 99% of the time I'm not. So, they reported nine $9.19 EPS. That beat the $8.59 estimate or $8.58 estimate and sales $10.2 billion versus $9.66 billion. So, double beat. Mercado Libre, let's see anything else on the guidance here. I I wish I had more numbers for you guys. Uh but, we're not seeing anything here. Again, we can't spend too much time on these stocks. This video is going to be long. Uh but, listen, the problem last quarter with Mercado Libre was their free cash flow got hit, gross margins got hit, um you know, profitability got nailed. So, probably a lot of the same there. That's not just something that's going to change after one quarter. Listen, they're investing for the long term here in the business, making strategic investments. This is going to last a little bit. Free cash flow is going to be pressured for a little bit. Margins, profitability, for more than just a quarter. It's going to take It's going to be a couple quarters. Um and then ultimately, we'll start to see um the return on those investments, margins will get better, free cash flow, we'll see some relief there. Um and listen, I I I like the stock long term. It's not a trade. So, I'm still going to hold on uh to Mercado Libre. I am pretty much break even. Um well, I guess now with it falling, I'm probably back uh in the red. Actually, no, I was slightly up heading into the print. Um now, I'm probably back in the red. Either way, close to break even on this name. I'm not too worried about it. Um it's again, it's a long-term stock. And earlier today, we had some other earnings. In the morning, we had Eli Lilly. This stock had a 5% green day. Eli Lilly, let's see if we can find these numbers. Um they reported earnings per share, ba ba ba. Where are these numbers, guys? $8.38, which demolished the $6.01 estimate that that That's adjusted by the way. Sales, 22.97 billion versus 20.72. So, very nice double beat. Uh revenue outside the US increased 80%. That's unbelievable. Uh US revenue increased 33%. Um let's see, guys. Let's see. Let's see. They narrowed their full year 2026 adjusted EPS guidance. They raised their sales guidance for the full year. Market doesn't care about narrowing. This thing still had a green day. Uh very nice green day and it's been one of those stocks that in the healthcare space the best performer. Well, I can't say it's the best. I didn't verify that data, but man, it sure seems like it is. Eli Lilly's been on fire for a for a while now um and it just continues putting up numbers. I love it. So, let me see. Shopify I know had a ridiculous day. I mean, this stock went up like 40%, right? Well, no, maybe not 40. I'm exaggerating. I think it was up 30% at one point. Uh yeah, let's see. Oh my god, 34%. Think about that, guys. 34% for Shopify. Um the stock was due. I mean, this thing's been flat all year and when companies when stocks are flat all year and sentiment is slowly starting to get better, right? Since we saw that blow up in Leopold uh with his fund, maybe not so much in semi semis. Uh sentiment's not the best there still, but in other sectors, other names, yeah, sentiment's getting better. And then when a when a company has been flat, sentiment's getting better and they report good numbers, uh that's kind of a good recipe for a for a pop here and that's what we got with Shopify. They reported, let's see if I can find it from this morning. Um they reported earnings per share of 42 cents adjusted versus 40 cents expected on sales of 3.58 billion versus 3.44 billion. Uh so, very strong double beat. And let's see. They uh let's see if we can find it. GMV $115 billion up 32% year-over-year. MRR 221 million uh up 19.5% year-over-year and they see Q3 sales of 3.72 to 3.78 billion versus 3.59 billion. So, very good guidance. Um revenue to grow at low 30s percentage rate on year year-over-year basis. Very good there. So, look, again, this stock was flat for all for months all year. Good numbers came at the right time. Um, and the market's reacting. And look, we have a big resistance at $173. That's that's going to be a sticking point. We got hit there earlier today pretty much, not quite 170. Uh, we got close, maybe in the pre-market. Wait, let me see. Yeah, 165. We got close. So, that's the spot to break in the short term on Shopify. Let's see. Uber reported as well. Um, and their stock's down, I know that. I saw it earlier. The stock went down 5% on the day. So, Uber uh, reported earnings adjusted 81 cents that came in line. Sales missed 14.19 billion versus 14.23. They see Q3 adjusted EPS of 84 to 88 cents versus 89 cents expected. So, a little light on the EPS side, missed on revenue. Um, that's not good, man. And look, I was about to buy the stock a couple months ago. I'm glad I didn't. Opportunity cost would have uh, would have eaten up some money in this one. It's been flat all year, but I think longer term there is potential. But for now, it's just not looking good. Missed revenue. Um, yeah, delivery gross bookings 27.46 billion. So, I'm I'm not the biggest fan of that. I'm not the biggest fan of that. Guidance a bit weak. Um, so I'm going to hold off for Uber here to to buy. I think honestly, I think this could be going lower 60s. Um, it's looking weak and the fact that we're dumping pretty much at multi-month lows almost after earnings, not a good sign. In in a strong market especially. Oof, man. Could you imagine if the S&P went down 10%? Uber is probably going to go down into the 50s at that point realistically. We also had earnings out of Disney. Let me see these this morning. And by the way, guys, hit that like button. If you're still watching this video, we're 21 minutes in. I I I appreciate you. If you're still watching this video, let me know in the comments. Drop an emoji, a money emoji, fire emoji, stock emoji, whatever. That lets me know you stuck till the end. And let me know where you're watching this video from. What country, city, state, wherever you're at, you know, province. I don't know. Let me know in the comments where you're watching this video from. So, Disney reported and the stock went up 3 and 3/4 of a percent today. Very nice day for Disney, but then again, it's been downtrending all year and and from the end of last year. So, really all this is is is a relief rally in the downtrend. Not the biggest fan of that. But, they must have done pretty well considering again the the pop today. So, Disney reported earnings per share adjusted Q3 $2.06 versus the $1.86. So, that beat. Revenue came in at 25.24 billion versus 25.4. Okay, they actually missed on revenue. So, they missed revenue B D P S. Let's see the different breakdowns here. Ba ba ba. Toy Story 5 already surpassed a billion dollars in the global box office. I have to go see that movie, guys. Um yeah, I I was a big Toy Story guy or kid, I guess, growing up. That was my era. I'm a '96 baby. Um so, yeah, I just turned 30. I I I think I mentioned that to you guys a couple months ago, but yeah, I got to go see that movie. Free cash flow came in at 3.07 billion dollars. Entertainment revenue 11.35 billion dollars. Experiences revenue almost 10 billion, 9.97. Uh they're planning to deliver a more robust subset of games for Disney Plus subscribers. I mean, I don't get That's the one thing about Netflix I don't get. Maybe Maybe this is me being a '96 baby. Maybe I'm getting older, right? But why Why Why would I go on to Netflix and play those games? I see they're pushing those games. Um I've tried it, but I'm like, I don't know. I don't know if it's for me. I guess Disney's looking to do that. Now, maybe I have to give it another shot. I don't know. What do you guys think? Do you like playing those games on Netflix? Uh maybe you guys do. I don't know. But for me, it's like I'd much rather, if I want to play games, which I don't play games anymore, uh but I would fire up my Xbox. Uh but one one one actually one game that I will be playing is GTA 6. Uh that comes out in November, so I'll I'll get my Xbox back out of the closet, guys. Um and a trade that we actually called out, which I missed, I'm so mad at myself. This happens, right? I call out trades and I miss them. It's like there there's so many stocks. TTWO, do you guys remember a couple months ago, not even, like six to four to six weeks ago? Uh maybe like six seven weeks ago. Uh we called it out at 210. We talked about TTWO at 210. I was I was telling you guys, "Watch the pullback. I don't think GTA 6 is priced in yet." I was telling you guys this this might not last long. Um and you know, it ripped. And I missed it myself, funny enough. Uh but either way, TTWO, watch out for that. They actually have earnings tomorrow. Um no, in two days actually, on Friday. So, keep your eyes on that one. Uh let's do two more. Circle is another one that reported. The stock pretty much stayed flat. Not a crazy reaction, which is not bad. I mean, sometimes that's good. Uh the stock did pop initially, but I guess it sold off after that initial pop, and then we pretty much broke even on the day. So, Circle Internet Group, 18 cents EPS, in line with the estimate, 701.3 million revenue. That missed the 718 million estimate. So, the fact that it stayed flat after missing revenue by 17 billion dollars, that's actually a pretty good sign that maybe we're not at the bottom, but we're getting pretty dang close. If this thing misses revenue by 20 million dollars, and it's flat, that's a good sign. That's a good sign. Not that I'm buying it back. If you guys don't remember or if you didn't know, I I used to own this stock for a trade a you know, a while ago. Well, not that long ago, like 6 to 9 months ago. I sold out of it. You know, it's it's down since. I don't know. I mean, if that's not a good sign, I don't know what it is. But, the crypto market has to turn for me to even consider getting back into this. But, when it does turn, the stock could be a lot higher. That's the That's the um potential opportunity for getting in early. You know, but how how long are you going to have to wait until the until the actual crypto market turns. There's opportunity cost there, guys. So, that's Circle Internet Group. Let's do one more, Novo Nordisk, another one that I used to own a little bit ago. And I locked in gains on this thing. Yeah, I think it was at the end of last year. Yeah, you know, we had calls right around here. We had shares. And I swear to god, guys, literally, I'm not kidding. I locked in gains at the peak on this one. That That doesn't happen often, you know. It's hard to It's hard to time the top, hard to time the bottom. But, no joke, I sold out of my calls, right, and my shares right here. I'm not even kidding. And you guys actually, my Patreon, you know that. You know that. I I post all all trades in Patreon, shameless plug, um and that was documented in there. You know what I mean? So, we made a lot of money on Novo and the shares, and thank god I sold out because this thing cut in half after. If I held on, I would have lost everything on the calls, um and you know, that the shares would have went down a ton, and you guys probably know how sucky of a feeling that is when a stock you you you know, you're up on a stock, it goes up a lot, and then you just watch it go all the way down, you lose all your gains, you know, it goes down, you're red now. That's the worst. Um so, I guess you can say I got a little lucky there, uh but that's great, you know, and here we are now. I haven't bought the stock since. Maybe I should have bought it again at 35, I'd be up a decent amount, but hey, I didn't. Um a majority EPS, 96 cents, that beat the 81-cent estimate, 12.2 billion revenue versus 11.35, so very good numbers um out of, you know, Novo Nordisk, and a big reason why I sold out is because this space is so competitive, GLP-1s, every other day, every day, I mean, whenever I'm watching some TV, I'm seeing a GLP-1 from this company, that company, that company, that company. It's so competitive, and and Eli Lilly's a beast, so I just got out of the trade. I made my money on it. I made a good amount of money on the options, and uh that's it, man. That's it. I got out of Novo, and I haven't looked back since. So, we're about 30 minutes in, I'm going to wrap the video up. Let's actually go back to SanDisk and see where this thing's at now. Yeah, it's still under 1,300. Okay, looks like we're holding up a little bit, trying to find some support at 1290. Micron's probably still down. Yeah, 895. Well, I guess it's not down from where it closed, but down from where it was in the middle of the day. Let's see how Nvidia is reacting to that. Let me see here, guys. Nvidia is pretty flat in the after market, actually up a little bit. WDC is still getting squashed, I'm sure. Yeah, it's still down, but it's kind of kind of consolidating. But yeah, not too bad of a day, man, for the overall market. Well, I guess a little red, but then again, we hit all-time highs, so it's like who gives a crap if we had a little red. We hit all-time highs on the S&P and Dow today. Overall, a lot of stocks are crushing it. So, what do you guys think? Let me know in the comments, hit the like button, subscribe, join my Patreon if you want to keep up with my portfolio updates trades investments private discord, all that's linked down below, pinned in the comments, or go to stasurfes.com/patreon. And with that being said, cheers. I'll see you guys in the next video.