Stock picks

[GrowthStateofMind]

I try do do most of my tax loss harvesting by mid-November. This allows me the option to buy back the position over 31 days later into the usual tax related selling. This strategy allows you to maintain the position in the portfolio, use the tax loss, and lower your cost basis at (hopefully) an even lower price.

curious if you still buy back in if price rallies during that 31-day window?

 

[morekaos]

curious if you still buy back in if price rallies during that 31-day window?

Depends…if the position is a long term holding then , yes…the position is ALWAYS repurchased, exactly 31
Days later, it is a discipline. But many times I have discretion .

 

[sleepy5136]

Bought Oracle $183

Next order... $175.

out of curiosity, why Oracle? Why not other stocks that have been sold off due to AI bubble concerns?

 

[sleepy5136]

I've been actively building a position in the cybersecurity space. Specifically CRWD

 

[GrowthStateofMind]

out of curiosity, why Oracle? Why not other stocks that have been sold off due to AI bubble concerns?

$ORCL is compelling for 2 recent news catalysts:
1. No backstop like government investment

Oracle and the U.S. Department of Energy Collaborate to Accelerate AI Initiatives

Oracle and the U.S. Department of Energy (DOE) today announced a joint effort to further advance the DOEs current and future AI and advanced computing initiatives, including the Genesis Mission. As part of a non-binding agreement, Oracle and the DOE will work together to foster technological...

www.webwire.com

2. TikTok

Oracle and the U.S. Department of Energy Collaborate to Accelerate AI Initiatives

Oracle and the U.S. Department of Energy (DOE) today announced a joint effort to further advance the DOEs current and future AI and advanced computing initiatives, including the Genesis Mission. As part of a non-binding agreement, Oracle and the DOE will work together to foster technological...

www.webwire.com

 

[sleepy5136]

The TikTok part is interesting. I’d be curious to know how much cash it’s printing as a business.

Regarding the AI infrastructure play I think there are already many players here like CoreWeave and Nbis. It requires a good amount of spending and I’m honestly not sure if we need to have 10+ companies creating AI infrastructure. The cloud for example has AWS/Azure/Google as the main players. I could be completely wrong but personally don’t feel Oracle is going to succeed there.