Thank you for sending in questions and feedback!

Every Saturday I respond to reader emails in the AskDavis@paradigmpressgroup.com inbox.

Here are my responses to this week’s emails:

First… A SMASH/TRASH/STASH Update

I get plenty of emails from readers suggesting new stocks and cryptos for the next edition of Smash/Trash/Stash.

Many I’ve already covered, however. Not a big deal – people get added to this email newsletter every day. But I thought I’d share a few repeats and reiterate my thoughts.

Ethereum (ETH) – SMASH as a long-term holding.

Bitmine Immersion Technologies (BMNR) – SMASH because I like Ethereum (ETH).

AST SpaceMobile – SMASH. Yes, even after the pullback.

XRP – SMASH as a speculative crypto position.

Redwire (RDW) – SMASH. I continue to like space infrastructure.

Aptiv (APTV) – STASH. It’s cheap… but for a reason.

Dogecoin – TRASH.

Micron (MU) – SMASH. There’s a reason I own it myself.

Coinbase (COIN) – SMASH. It’ll trade in line with Bitcoin.

Dell (DELL) – SMASH. This stock is still cheap.

Intel (INTC) – TRASH. Own Nvidia or AMD instead.

I have $50,000 of Ethereum at a price of $3,200 and $25,000 of Bitmine Immersion Technologies (BMNR) at $35. Is there any good reason to keep taking the risk of losing everything? – Lupe

Hi Lupe. BMNR is an Ethereum holding company. So your exposure to ETH could potentially be high depending on what the rest of your portfolio looks like.

I continue to like Ethereum and believe it should be in a balanced portfolio.

I recommend at least a 5-10% crypto weighting – with Bitcoin and Ethereum being the bulk.

In regard to losing everything, we’ve just gone through a rough patch for crypto.

Now momentum is to the upside. Do you really want to sell all your Ethereum now?

I have owned Credo (CRDO) for some time now but oh it tanked 20% today as Wall St. is concerned about its expenditures even after beating earnings. I have seen this happen before, but it always seems to bounce back from profit taking. Long term I am concerned about its dependence on copper. Buying opportunity? – Steve

Hi, Steve. Credo had a great quarter yet the stock still sold off.

Revenue jumped 115% year over year, earnings beat expectations, and guidance remained strong.

The stock now trades for just 17.5x next year’s earnings. That’s cheap for a company with Credo’s growth rate and importance in the AI buildout.

I’m also not overly concerned about copper. Credo is expanding into optical connectivity as well, so the bigger bet here is really on the massive amount of data that needs to move around AI data centers.

As long as the AI buildout continues, that demand should keep growing.

So yes, I view a 20% drop like this as a buying opportunity.

I am concerned about Micron Technology (MU). Do you have input on this position? – George

Hi, George. I’m still holding 50 shares of Micron in my Million Mission portfolio.

The last few days have been good to semiconductor stocks like Micron and Nvidia.

Long-term, I believe these stocks are winners. Short-term, there will always be volatility.

For now, I’m holding.

A lot of people mention that crypto is in a bear market preparing to turn bullish. They also mention that the crypto market is cyclical. Any light on that please? – Jean

Hi, Jean. Crypto is incredibly cyclical. Just pull up a 15-year chart of Bitcoin and see the peaks and valleys yourself.

As for whether this bear market is going to turn into a bull market… I know two things for certain:

1. I always want to have exposure to crypto, regardless of which way the market is going. Typically 5-10% of my portfolio.

2. I’d rather buy when prices are low rather than high. Even after the run-up in prices we had this week, crypto still meets that criteria.

Important Update: The Million Mission website is live!

I constantly get questions regarding where to find previous alerts. Well, The Million Mission website is live and you can check out archived alerts here.

Portfolio Overview

Here’s what I’m currently holding in The Million Mission portfolio:

Fannie Mae (FNMA) – 3,500 shares @ $6.86/share

Uber Technologies (UBER) – 200 shares @ $80/share

Nvidia (NVDA) – 200 shares @ $179/share

Micron (MU) – 50 shares @ $935/share