MicroStrategy 感受比特幣的權重：值得關注的兩次智慧下跌

儘管該股已跌至原本具有吸引力的買入水平，但其商業模式仍存在一些固有風險。

Even though MicroStrategy Incorporated (NASDAQ:MSTR) stock is down by 55% from its 52-week high, investors might want to reconsider their enthusiasm for the stock. Despite the stock’s massive downturn, the inherent risk in the business model is simply not worth the investor capital or time.

儘管 MicroStrategy Incorporated（NASDAQ：MSTR）的股價較 52 週高點下跌了 55%，但投資者可能需要重新考慮他們對該股的熱情。儘管該股大幅下跌，但其商業模式的固有風險根本不值得投資人投入資金或時間。

On the other hand, two other stocks that are trading at a discount show a much better risk-to-reward setup for investors. Both stocks have the potential for massive upside, thanks to tailwinds in the electric vehicle and semiconductor markets.

另一方面，另外兩隻以折扣價交易的股票為投資者提供了更好的風險回報比。由於電動車和半導體市場的推動，這兩隻股票都有大幅上漲的潛力。

Here are two stocks that are worth watching in the first quarter of 2025, offering a completely different setup.

以下是 2025 年第一季值得關注的兩隻股票，它們的設定完全不同。

1. Tesla Stock's Tailwinds Outweigh MicroStrategy's Discount

1. 特斯拉股票的利多超過了 MicroStrategy 的折價

After a tragic incident involving an explosion of a Tesla Cybertruck outside a Las Vegas hotel, the stock dropped by 6.7% as investors reacted to the alarming news. Adding to the pressure on the stock was the announcement of Tesla's first annual sales decline in over a decade, which left investors concerned about the stock’s challenges.

在拉斯維加斯一家酒店外發生特斯拉 Cyber​​truck 爆炸悲劇事件後，隨著投資者對這一令人震驚的消息做出反應，該公司股價下跌 6.7%。特斯拉宣布十多年來首次出現年度銷售下降，加劇了該股的壓力，這讓投資者對該股面臨的挑戰感到擔憂。

However, value investors would note that Tesla sold over 2 million vehicles in 2024, which put the company in second place only to China's BYD (OTCMKTS: BYDDF). With oil prices remaining low and dragging gas prices down with them, the trend is usually a cyclical tailwind in electric vehicle sales.

然而，價值投資者會注意到，特斯拉在 2024 年售出了超過 200 萬輛汽車，這使得該公司排名第二，僅次於中國比亞迪（OTCMKTS：BYDDF）。由於油價持續走低並拖累天然氣價格下跌，這一趨勢通常是電動車銷售的週期性推動力。

Combined with the consumer credit trends, investors had the perfect storm for lower Tesla sales, which ends there. Wall Street analysts, particularly those at Mizuho, still give the stock an Outperform rating as of December 2024, this time along with a valuation of up to $515 a share.

結合消費者信貸趨勢，投資人遭遇了特斯拉銷售下降的完美風暴，至此結束。截至 2024 年 12 月，華爾街分析師，尤其是瑞穗分析師仍給予該股「跑贏大盤」評級，此次估值高達每股 515 美元。

To prove these analysts right, Tesla would have to rally by as much as 36% from its current position. But the risks for Tesla stock at these discounts are priced in, giving investors a much better risk-to-reward setup as a potential buy moving forward.

為了證明這些分析師的觀點是正確的，特斯拉的股價必須比目前的水平上漲 36%。但特斯拉股票在這些折扣下的風險已被定價，為投資者提供了更好的風險回報比，作為未來潛在的買入機會。

2. Advanced Micro Devices: The New NVIDIA

2. Advanced Micro Devices：新的 NVIDIA

Speaking of other stocks taking the podium, Advanced Micro Devices, Inc. (NASDAQ: AMD) might be taking over NVIDIA Co. (NASDAQ: NVDA) as the new head of the artificial intelligence race through semiconductor manufacturing. This stock offers not only a price discount but also massive upside from Wall Street analysts.

說到其他登上頒獎台的股票，Advanced Micro Devices, Inc.（納斯達克股票代碼：AMD）可能會取代NVIDIA Co.（納斯達克股票代碼：NVDA），成為半導體製造領域人工智慧競賽的新領頭羊。該股票不僅提供價格折扣，而且還獲得華爾街分析師的巨大上漲空間。

Today, AMD stock has a consensus price target of $191.96, which would call for a net upside of as much as 60% from today’s prices. This setup would offer investors a much better view than NVIDIA’s consensus price target of $164.1 a share, which calls for only 20% upside.

今天，AMD 股票的一致目標價為 191.96 美元，這意味著比今天的價格淨上漲 60%。這種設置將為投資者提供比 NVIDIA 每股 164.1 美元的一致目標價更好的看法，該目標價僅需要 20% 的上漲空間。

Carrying three times the upside, at a fraction of NVIDIA’s relative price action, drew in some institutional investors for Advanced Micro Devices stock recently. Over the past 12 months, up to $19 billion flowed into the company from institutions, but a recent buying spree might be more meaningful for investors.

該公司股票的上漲空間是 NVIDIA 的三倍，而其相對價格趨勢的一小部分，最近吸引了一些機構投資者購買 Advanced Micro Devices 股票。過去 12 個月，機構資金流入該公司的資金高達 190 億美元，但最近的瘋狂收購可能對投資者來說更有意義。

Those from State Street have decided to boost their Advanced Micro Devices holdings by 2.3% as of November 2024, bringing their net position to a high of $11.5 billion today, or 4.3% ownership in the company.

道富銀行已決定從 2024 年 11 月起將其所持有的 Advanced Micro Devices 股份增加 2.3%，使其淨持股達到目前 115 億美元的高位，即該公司所有權的 4.3%。

The article "MicroStrategy Feels Bitcoin's Weight: 2 Smart Dips to Watch" first appeared on MarketBeat.

文章「MicroStrategy 感受比特幣的重量：值得關注的 2 次智慧下跌」首先出現在 MarketBeat 上。