. All of these companies are pulled back right now, leading to some great entry points for the long term.""Here's a stock that's clearly been one of the best names inside of the semiconductor space," he said in the same interview, referencing a chart of the stock."It has done extremely well before we started seeing interest rates go up, and frankly for the last about eight months, the stock has done nothing but go sideways," Johnson said.
Noting that the stock is about 14% off its February highs, the chart analyst said it is seeing a "setback and correction," not the start of a sharper decline. "This is a stock that's expected to have over 30% earnings growth," he said. "So I think this is one of these kind of treasure stocks … that people should be buying as it pulls back and retests the lower end of this trading range.""I don't think you have to build your full position here quite yet," he said.
TradingNation WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
TradingNation Investors! There is only ONE the most important thing you need to know about StockMarket - WE ARE IN THE BIGGEST STOCKMARKET BUBBLE IN HISTORY!!! 196% Ratio of StockMarket CAP to GDP!!! SIGNIFICANTLY OVERVALUED!!! DON'T LOSE YOUR MONEY!!!
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