TOM LEE: "BUY THESE 6 STOCKS IN 2024 AND NEVER WORK AGAIN"

Summary

Highlights

• Tom Lee unveils a list of six game-changing stocks to buy in 2024. 🚀
• Nvidia and Meta shine bright with top scores for potential growth. 🌟
• Tom Nash introduces a scoring method to evaluate these stock picks. 📊
• Meta excels with a near-perfect score due to strong fundamentals. 👏
• Investment strategies focus on gradual wealth-building over time. 💡

Key Takeaways

• Tom Lee's 2024 stock picks are shaking up the market conversation! 📈
• Meta scored the highest with a near-perfect 95 in Tom's evaluation! 💯
• Invest in the long term, and don't stress about short-term market fluctuations! 🕰️
• Nvidia, although performing well, might be priced at a premium. 💸
• Uber and Eliya, unlike their peers, didn't fare well in the fundamental analysis. 🚫

Overview

TOM LEE: "BUY THESE 6 STOCKS IN 2024 AND NEVER WORK AGAIN" Transcription

• 00:00 - 00:30 folks this is huge Tom Lee one of the best analysts in the business just released a list of six stocks to buy in 2024 and never work again because I remembered when I started in this business someone says you don't get fired for recommending Coke Coca-Cola not yeah yeah um well either way yeah so and so most people always play in the middle of the Fairway according to Tom Lee who's one of the most successful analysts in the business and the head of funstra these six stocks will make millionaires in 2024 now in my video
• 00:30 - 01:00 the bottom line always comes first so before I say a single word about anything here is the list of the six stocks so I don't hold you hostage don't click nothing don't smash nothing don't buy nothing just listen the six stocks are envidia meta Uber Tesla Eli paler and if all you needed is the bottom line if all you need it is that six stock list here we go you're free to leave I'm not angry in fact I I don't care since
• 01:00 - 01:30 this isn't the way I make my living but I suggest you give me about 30 seconds of your time to convince you to stay because I'm about to blow your mind and make you a lot of money because I'll do in this video what most mainstream media most creators out there they're not going to show you I'll tell you which ones of the six stocks are the pretenders and which ones are the real ones which one is legit and which one is total and trust me there's two stocks on this list which have fallen miserably on
• 01:30 - 02:00 their face despite the hype and it's not the stocks you think trust me now Look the cost of doing business is making mistakes Tom Le is not immune to that myself I'm not immune to that I don't think you should follow anybody blindly not Tom Lee and not Tom Nash what I'm doing in this community is teaching people how to think for themselves how to create a process which they trust and make their own decisions I'm not about to feed you fish so what I'll do in this
• 02:00 - 02:30 video is I'm going to show you how I analyze these six stocks and I'll tell you which one of them are real and which one are completely fake and that system which you learn in today's video you can apply to any stock out there within minutes the test basically includes 10 items each item has a perfect score of 10 a fail of zero and a medium score of five okay very very simple number one did the company grow its Revenue over the past three years the perfect score
• 02:30 - 03:00 gives you a 10 here does the net margin goes above or below 10% as you understand above 10% is a perfect score 5% is a medium and Below 5% is a zero cash increase did the company increase its cash over the past three years does the company have more assets than liabilities does the company have more cash than debt does the company have a short interest of below 5% below 10% or above 10% does the company have 50% % or
• 03:00 - 03:30 more of institutional shareholding does the company grow its revenues faster than it's growing its expenses scalability and how much did the company do for its investors since IPO and the last one is PE price to earnings is it above or below 30 any stock that is above 30 does not deserve a full score of 10 any stock that is between 10 and 30 deserves a five and anything below 10 PE deserves a perfect score now as you
• 03:30 - 04:00 will see in this test we have two companies that absolutely have fallen flat on their face not the ones you think we have four companies that have done really well and we have one company that pretty much gotten the perfect score now let's play a little game here you guess which company has come very very close to a perfect score which is pretty much as close as you can get under the system comment below before I reveal this and let's see how many of you got it right because most of you will not I promise you it's going to be
• 04:00 - 04:30 surprising now very very quickly put it down in the comments and let's get to it I'm not about to waste people's time here in this video number one Nvidia so Nvidia scored 90 on this test which is one of the highest scores we have ever seen the only reason Nvidia did not get a perfect score is because it has a PE of above 30 now its PE currently is 60 it's not horrible but it is above 30 that is why it's a 90 stock still very high Tesla scored an 85 which is really and 90 and I'll tell you why Tesla's
• 04:30 - 05:00 institutional shareholding is 47% which is just shy by 3% of a perfect score on that 50% threshold which means Tesla just barely barely got 85 instead of 90 but it also lost 10 points the same way Invidia did with 67p which is about 30 penter with 85 for the same reason 42% institutional shareholding very close to that 50% but not quite there yet just about 2 years ago it was at 30% so it's
• 05:00 - 05:30 moving along nicely but not there yet so 85 for paler 85 for Tesla 90 for NVIDIA and the perfect score of 95 that's as close as you can get to perfect score in this test goes to meta now meta actually scored a 95 because it has a PE of 28 now 28 is below 30 but above 10 which means it only got five out of 10 on that test 95 but it completely aced every single test Revenue growth margin cash
• 05:30 - 06:00 increase more assets than liabilities more cash than debt short interest below 5% above 50% institutional shareholding scalability since IPO it went ballistic and the PE is actually below 30 that is the highest score we have ever seen on this test So Meta actually blew everybody out of the water Nvidia Tesla and paler had great scores but these two companies actually fell flat on their face and the hype around them seems more air than anything else number one Uber a company that scored 65 now high PE with
• 06:00 - 06:30 80 more debt than cash only 5% net margin and reducing cash so this company basically does not have the fundamentals to justify the hype maybe they will get better maybe they will blow up I don't know right now they're not good enough eliy you guys have brought it to 108 PE of all this hype I get it I understand the hype at 108p with more debt than cash with more liabilities than assets
• 06:30 - 07:00 with reducing cash it doesn't make sense Eli liy scored the lowest on our test with the highest PE except paler which is a whole different story paler has a crazy PE I get it but give it a year it's going to get better now look it doesn't mean that eliy or Uber and or both cannot go through the stratosphere for the next year it doesn't mean that stocks in the short term can do crazy things it's not about fundamentals it's about psychology Trends media all this stuff that have nothing to do with fundamentals so don't come out me in
• 07:00 - 07:30 about a year saying oh my God El has doubled itself it may happen I don't know but my system works 80% of the time I know I'm going to miss a few because I'm being a tight ass that's fine but right now based on my system I would exclude Uber and eliy and I would absolutely love the other four stocks but the next question you should ask yourself is well Tom you just said that meta scored the highest Nvidia scored the second highest and then Tesla and paler were tied for three and your portfolio only has Tesla and paler in fact paler had 40% and Tesla at 20% how
• 07:30 - 08:00 come Tom well what about meta Nvidia such great companies great scores well I'll explain look I have no doubt that these four companies Nvidia paler Tesla and meta are some of the best companies in the land they're some of the best they'll be dominant for the next 5 to 10 years they're incredible amazing companies with all the right things all the right ingredients I'm not saying that but look at the valuation the market cap of Nvidia is currently $3 trillion how much more can you get out
• 08:00 - 08:30 of this lmon if it doubles and go to $6 trillion which would be insane but it might happen you make a 100% of your money and that's great if Nvidia goes from 3 trillion to 6 trillion you have doubled your money and that may happen if meta goes from 1.4 trillion to three trillion you've double your money again incredible right but I'm looking at paler and I'm saying well paler is basically the next Microsoft in the making and they're currently trading at $80 billion the chances of pal going from 80
• 08:30 - 09:00 to 800 billion are a lot higher than Nvidia going from3 to30 trillion at least the way I see it so the upset in paler is a lot bigger for me as an investor than it is in Nvidia and that is why Tesla 800 billion is only 20% of my portfolio and paler is that 40% position well Tom what about the other 40% well that is in the S&P 500 that is because I'm not an idiot and I'm not about to bet against the US economy which is undefeated S&P 500 is my
• 09:00 - 09:30 security blanket and it's always going to be there now the challenge for you as a long-term investor is the fact that great companies are trading at a premium and these companies mostly are very very close right now in their pricing to their 52e high price so what do you do with it do you wait do you get a better price do you wait until the collapse the fall the drop back the pullback whatever you call it no because you never know what the stock market is going to do in the short term the stock market might fly up in the next year and these stocks might double price before they pull back
• 09:30 - 10:00 again we simply don't know what we do is we allocate a certain fixed amount every month and we buy that like clock work now the minute the stock drops below a certain price point which I'll talk to you about in a second we actually go and double down so essentially we're writing the average of the stock but every time the stock dips we actually Double Down creating a weighted average that gets very close to the bottom of the price without timing the market even once this system is pretty much guaranteed the only thing you need is time this thing
• 10:00 - 10:30 takes 3 to 5 years to materialize and that is the problem Warren Buffett said it I think the best people would love to get rich they all want to get rich nobody's willing to get rich slow this system takes years but it is proven how many of you have the balls the kones and the patience to do it well let's find out now I also told you something that I haven't explained I told you that we double down on the stock once it hits a certain threshold price but what is it
• 10:30 - 11:00 well for each stock we calculate quite simply it is 20% below the 52 we high for Tesla the 52 we high is 271 which means that any price below 216 is our trigger amount for piler is 38 so anything below $30 is a trigger amount for NVIDIA it's 140 which means2 is our trigger amount for meta it's 577 which means $460 is our trigger amount anything below
• 11:00 - 11:30 these amounts triggers the Double Down process for us it's very very simple now Tesla paner and mea are basically almost touching their 52 week highs so they're nowhere near that threshold amount but surprisingly Nvidia which is one of the best companies in the land is currently trading at $121 which is very close to that 112 which means it's almost there if Nvidia drops just another 10% it's going to get into that region where we
• 11:30 - 12:00 want to double down which means instead of $100 every month 200 every single month until the stock climbs up above 112 again very very simple ignoring the news ignoring the hype ignoring all the fomo all the Panic the only thing we care is that the company fundamentally does not deteriorate we still want to be a shareholder and we look at the price and we buy more on weakness we buy a little bit less on strength and we keep doing it for 3 to 5 years eventually getting to a very comfortable position now look this system basically teaches
• 12:00 - 12:30 you discipline it teaches you conviction and it allows you to become an absolutely Carefree person not giving a freak about what's going on in your portfolio in the short term which I think is a huge reward for anybody who wants to enjoy life we have limited amounts of freaks to give in life let's use them for smart things not for this this system only requires you to research good companies and then the automatic system takes over and just keep buying and selling all you have to do is monitor the companies you invest in and make sure they're still as
• 12:30 - 13:00 attractive as they were a year two year three years ago now here's the thing the DCA thing works it is proven the only thing you need is conviction patience and a support group we have that we have a 20,000 member Discord which will prevent you from doing emotional and will keep you in line doing exactly the smart logical decisions you need to make I invite you to join our Academy and a few days ago I dropped the price to $35 for 24 hours since then the
• 13:00 - 13:30 amount of people who signed up was incredible we're almost at 6,000 members right now now a lot of you have asked me to continue this and I will allow it which means that as of October 1st the price goes back from $35 back to $99 and will never ever drop again to 35 No Matter What It's Gone Forever the reason is and that's the reason I'm not bsing you on this is because we are already over subscribe in the academy we need to slow it down a little bit we need to slow down the pace at 99 we're about to have a slower sign sign up and that's okay I don't need more people right now
• 13:30 - 14:00 I have enough but I don't want to close the door too quickly so you have until the end of the month don't tell me I didn't give you the chances to join at 35 that's the end of it now before you go one important thing I get this question from almost any new member here before I learned the system I've bought a bunch of garbage and now my portfolio is filled with bad companies loser companies what do I do with this I've made a video exactly for that purpose how to identify which stocks in your portfolio are garbage that needs to go
• 14:00 - 14:30 which ones are Keepers and how to get rid of them if you don't want them in your portfolio without making stupid mistakes that video is on the screen right now the video is very straightforward it's going to teach you how to identify and how to remove these bad cter stocks from your portfolio in about 10 minutes go watch it right now thank me later I'll see you next one peace