You all know the company. Valuation is very reasonable. Deepseek or no deepseek, TSM and other will buy their machines. Buying into earnings (2 days from now) as sentiment is extremely negative. Should be an easy beat.
Financials great, P/E 20 is very reasonable. Top line 20%+, LLY competition threats seems exaggerated. Last time was this oversold in 2017 and quickly rebounded. Impossible to replicate knowledge and ability to innovate. Started entry position at 78.5, will be DCA until it finds the bottom (if not already)
Happy weekend
Bought some before ER. Stock near ATH, but think has some potential for moving higher.
No stop loss. It will be trading higher medium term anyway as fundamentals are one of the best in the sector
