JMC Investments Blog

The following peak price projections from myself came from March 12, 2024 .  Since then, both AVGO and NVDA had 10:1 splits, so we will use the split adjusted prices for these. AVGO had a much more impressive surge than even I thought was possible after it's Q2 earnings report with the stock price reaching a high of $1,851/share in June.  Given it was at $1,307/sh on March 12th, that is a 42% increase.  I projected AVGO to reach at least $1,475/sh so I consider this a score although I was underdone in my expectations from this outperforming great company. At the market close today (November 7, 2024), AVGO closed at $183.81/share.  Pre-split (10:1), it would have been $1,830/share.  Either way, AVGO continues to be my favorite company in the S&P 500 and one of the best run businesses on the planet, hands-down.  At $183.81/share, AVGO is likely overvalued so one would be paying a premium if they started buying shares right now.  That said, I think...

For those looking to beef up their dividend income, particularly monthly dividends, this article will briefly overview the YieldMax ETFs which are relatively new to retail investors. These ETFs "seek to generate monthly income by pursuing options-based strategies on one or more underlying securities."  Most retail investors avoid doing options on individual stocks as this is more complicated, risky and requires knowledge and experience in dealing with options.  Most of the YieldMax ETFs have an expense ratio of 0.99% which may seem high to some, however, when considering that these are actively managed, options-based strategies, the expense ratio becomes more reasonable and realistic.   Investing in the YieldMax ETFs involves a high degree of risk and the potential for loss of principle, so this is something to be aware of.  The individual fund strategies will cap their potential gains if the asset or stock price increases in value. However, the ETFs are still ...

Here are a few of my peak price targets by year end 2024, based on adjusted operating earnings and/or operating cash flow projections along with current valuations.  The percentage increase/decrease is since 930 am CDT on March 12, 2024.