I love growth stock cos of its potential and cyclic stock cos of its certainty.
I have never gone big in semi con industry due to its fluctuating Fates and highly competitive nature that would mean a stock may not even survive before cyclic nature of this sector ends.
I hv always investing in momentum theme and hardly cyclic stocks though did dip into property and oil stocks before.
I wonder anyone has ever bought at the bottom cycle of semi con stocks and hold to achieve success in this cyclic sector achieving x2 x3. Most importantly how you manage to endure the extriciating pain as it goes down another 50% or more before it finally recovered, as well as deferring the urge to sell early as it recover.
Micron seems to fall under this category and AMD presently has strong elements of growth and at the same time married into its cyclic nature
It is now or neqver to invest as we dive literally into 2023 with world wide semi con revenue taking a dive for sure and bottoming is almost likely next year bearing any further misstep move by Putin in Europe.
My gut feel is to invest in either Micron(50%downdraft) or AMD(60%down) next year, then throw the key away before opening the screen to see what we got in 2024/25. Technical chart seems to suggest below $40 would tilt risk reward to investor favour over long term.
Really appreciate guys who have the benefit of achieving success investing in semi con stocks, to share their experience. Those who had bad experience I believe will have even more lessons to share.
God bless- Merry Christmas to all!!!
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