MicroStrategy 感受比特币的权重：值得关注的两次智能下跌

尽管该股已跌至原本具有吸引力的买入水平，但其商业模式仍存在一些固有风险。

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.

尽管 MicroStrategy Incorporated（纳斯达克股票代码：MSTR）的股价较 52 周高点下跌了 55%，但投资者可能需要重新考虑他们对该股的热情。尽管该股大幅下跌，但其商业模式的固有风险根本不值得投资者投入资金或时间。

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，另外两只以折扣价交易的股票为投资者提供了更好的风险回报比。由于电动汽车和半导体市场的推动，这两只股票都有大幅上涨的潜力。

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

以下是 2025 年第一季度值得关注的两只股票，它们的设置完全不同。

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

1. 特斯拉股票的利好超过了 MicroStrategy 的折价

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.

在拉斯维加斯一家酒店外发生特斯拉 Cyber​​truck 爆炸悲剧事件后，随着投资者对这一令人震惊的消息做出反应，该公司股价下跌 6.7%。特斯拉宣布十多年来首次出现年度销量下降，这加剧了该股的压力，这让投资者对该股面临的挑战感到担忧。

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，价值投资者会注意到，特斯拉在 2024 年售出了超过 200 万辆汽车，这使得该公司排名第二，仅次于中国比亚迪（OTCMKTS：BYDDF）。由于油价持续走低并拖累天然气价格下跌，这一趋势通常是电动汽车销售的周期性推动力。

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.

结合消费者信贷趋势，投资者遭遇了特斯拉销量下降的完美风暴，至此结束。截至 2024 年 12 月，华尔街分析师，尤其是瑞穗分析师仍给予该股“跑赢大盘”评级，此次估值高达每股 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.

为了证明这些分析师的观点是正确的，特斯拉的股价必须比目前的水平上涨 36%。但特斯拉股票在这些折扣下的风险已被定价，为投资者提供了更好的风险回报比作为未来潜在的买入机会。

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.

说到其他登上领奖台的股票，Advanced Micro Devices, Inc.（纳斯达克股票代码：AMD）可能会取代 NVIDIA Co.（纳斯达克股票代码：NVDA），成为半导体制造领域人工智能竞赛的新领头羊。该股票不仅提供价格折扣，而且还获得华尔街分析师的巨大上涨空间。

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 股票的一致目标价为 191.96 美元，这意味着比今天的价格净上涨 60%。这种设置将为投资者提供比 NVIDIA 每股 164.1 美元的一致目标价更好的看法，该目标价仅需要 20% 的上涨空间。

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.

该公司股票的上涨空间是 NVIDIA 的三倍，而其相对价格走势的一小部分，最近吸引了一些机构投资者购买 Advanced Micro Devices 股票。过去 12 个月，机构资金流入该公司的资金高达 190 亿美元，但最近的疯狂收购可能对投资者来说更有意义。

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.

道富银行已决定从 2024 年 11 月起将其所持有的 Advanced Micro Devices 股份增加 2.3%，使其净持仓达到目前 115 亿美元的高位，即该公司所有权的 4.3%。

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

文章“MicroStrategy 感受比特币的重量：值得关注的 2 次智能下跌”首先出现在 MarketBeat 上。