The analyst expresses a bearish stance on MRVL and NOK due to valuation and slow work culture, and holds conviction in MU and NBIS, resulting in a 6% portfolio gain MTD.
Avoided investing in NOK due to slow work culture and MRVL due to valuation concerns; holding MU and NBIS with conviction.
A lot of hype on $MRVL and $NOK earlier this month. Benchmark from June 3rd (day after Jensen made his remark on Marvell) $MRVL -9.8% $NOK -$22.74% I insisted on not investing into NOK slow work culture and not investing into $MRVL due to its valuation. Portfolio is up 6% overall MTD, holding the same conviction $MU $NBIS (harder than it looks).
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +5.8% | +5.0% |
| 1 week | -18.4% | -19.8% |
| 1 month | -43.2% | -41.7% |
| 3 months | — | — |
| 6 months | — | — |