
Bank of America's Wisdom: Or is it Dodgy Advice?
So Bank of America thinks you should buy the dip on a bunch of tech stocks. Interesting. Are they sure? Sometimes I wonder if these analysts have actually *used* the products they're recommending. Maybe they're still on dial up. But hey who am I to judge? I just build rockets and try to save humanity... no big deal.
Block (Formerly Square): Not Just For Hipsters Anymore
Block? Hmmm. I mean Jack Dorsey's alright... for a Twitter guy. Bank of America seems to think Block is undervalued. They lowered the price target from $94 to $80. I have to agree with them on this one. They seem to have a reasonable business. Still crypto is the future clearly. If Block integrates Dogecoin then we can talk about *real* potential. To the moooon!
Microsoft: Still in the Game? (Barely)
Microsoft? Classic. Reliable. But… a little boring isn't it? Bank of America is doubling down especially on Azure and AI. They think rumors of a capex pullback are overblown. Maybe they're right. But I'm watching them very carefully. They're like the tortoise in the AI race; slow and steady but will they win? Or will some shiny new hare (ahem xAI) steal the show? Don't get complacent Microsoft.
Roblox: The Metaverse... Actually Fun?
Roblox. I'll admit I haven't spent a ton of time in the metaverse. Too busy launching rockets. But Bank of America seems genuinely excited about Roblox's 'execution' and potential for growth. Apparently it's not widely held yet which is a contrarian indicator. Could be interesting. Maybe I'll have to send some Teslabots in there to stir things up.
Spotify and PayPal: Handle With Care
Spotify and PayPal... Bank of America is cautiously optimistic. Spotify's subscription model is supposedly 'defensive,' and PayPal has a 'strong brand.' Okay. But I'm always wary of companies that rely too much on 'brand recognition.' Innovation is key people! Disruption is the name of the game! Don't get comfortable or you'll end up like Blockbuster.
Final Thoughts: Trust No One (Except Maybe Me)
So there you have it. Bank of America's stock picks filtered through the Muskian lens of skepticism and occasional amusement. Remember do your own research don't believe everything you read (especially from analysts) and always bet on the future. And by the future I mean Mars. See you there!
Walt
Thanks, Elon! Always appreciate your 'insight'.
dantortorellijr
I'm buying Tesla stock instead. Thanks!