The stock market ended the week flat on Friday after President Donald Trump pushed for greater tariffs on European Union. He is looking at a minimum tariff of between 15% to 20%.
Overall, S&P 500 was flat at 6,297, while NASDAQ was up 0.1% to 20,896.
Tweet of the Day
Vertiv $VRT hitting a 6-month high today after news its buying Great Lakes Data Racks & Cabinets, a maker of cabinets, racks , and power solutions for datacenter equipment.
VRT is buying for 11.5x 2026 EBITA estimates. I assume the acquisition will boost profits.
Here’s a… pic.twitter.com/D9MO5digVA
— David Sharek (@GrowthStockGuy) July 17, 2025
Chart of the Day
Here is the one-year chart of Advanced Micro Devices (AMD) as of June 25, 2025, when the stock was at $143.
The company’s datacenter segment crushed it with 57% revenue growth last quarter. The AMD MI325X is a super powerful computer chip for AI and supercomputers. It is built for massive data centers that run AI models, do scientific research, or help companies process huge amounts of information really fast. The MI325x is being widely adopted for enterprise and cloud deployments, offering industry-leading memory capacity and bandwidth ideal for both inference and training.
More recently, Advanced Micro Devices announced the new MI350 series, a more advanced AI platform. The MI350 and MI355 are the same silicon, but the MI355 supports higher thermals & power envelopes to deliver more performance. It accelerates both training and inference. The company’s management said the MI355 outperforms NVIDIA’s (NVDA) B200 and GB 200 products at a lower price.
AMD is on the radar for our Growth Portfolio. However, the stock has been skying higher lately and David Sharek does not want to buy it back in the $140s.
