๐ ๐๐ด๐ด๐ถ๐ผ๐ฟ๐ป๐ฎ๐บ๐ฒ๐ป๐๐ผ ๐ ๐ฒ๐ป๐๐ถ๐น๐ฒ โ ๐ก๐ผ๐๐ฒ๐บ๐ฏ๐ฟ๐ฒ ๐ฎ๐ฌ๐ฎ๐ฑ
Il mese di novembre si รจ chiuso con una performance pari a โ๐ฏ,๐ญ๐ณ %, in un contesto di elevata volatilitร per tutto il comparto tecnologico, dovuta principalmente alle revisioni al ribasso sulle guidance 2026 e allโaumento delle aspettative sui costi legati allโ AI.
Nonostante la fase correttiva, il portafoglio mantiene un saldo +๐ต,๐ฑ๐ณ% ๐ฑ๐ฎ ๐ถ๐ป๐ถ๐๐ถ๐ผ ๐ฎ๐ป๐ป๐ผ, grazie alla soliditร delle nostre posizioni core e alla qualitร delle aziende selezionate.
๐ ๐๐ผ๐๐ฎ ๐ต๐ฎ ๐ถ๐ป๐ฐ๐ถ๐๐ผ ๐พ๐๐ฒ๐๐๐ผ ๐บ๐ฒ๐๐ฒ
โข Pressione sulle aziende tech piรน esposte allโ aumento dei CapEx AI.
โข Rotazioni settoriali verso comparti considerati piรน difensivi.
โข Alcune trimestrali hanno confermato crescita, ma con margini messi alla prova dagli investimenti futuri.
๐งญ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐
Rimaniamo concentrati su societร con:
โข flussi di cassa robusti
โข leadership nei settori cloud / AI / advertising
โข vantaggi competitivi strutturali
๐ ๐ ๐จ๐๐ฎ๐ฌ ๐ฌ๐ฎ ๐๐ข๐๐ซ๐จ๐ฌ๐จ๐๐ญ ๐ ๐๐๐ญ๐
Continuiamo a rimanere molto fiduciosi su $MSFT (Microsoft) e $META (Meta Platforms Inc) nonostante gli ingenti costi legati allโAI, entrambe restano aziende estremamente strutturate, con ๐๐ฅ๐ฎ๐ฌ๐ฌ๐ข ๐๐ข ๐๐๐ฌ๐ฌ๐ ๐ฌ๐จ๐ฅ๐ข๐๐ข, business ๐ฆ๐จ๐ฅ๐ญ๐จ ๐ซ๐๐๐๐ข๐ญ๐ข๐ณ๐ข ๐ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ข๐๐๐ญ๐ข e posizionamento competitivo di lungo termine. La loro capacitร di assorbire investimenti elevati senza compromettere la traiettoria di crescita resta un punto di forza chiave.
La volatilitร รจ parte naturale del percorso di crescita: continuiamo a privilegiare visione di lungo periodo, disciplina e qualitร .
A presto con i prossimi aggiornamenti,
๐๐๐ซ๐ญ๐ข๐๐ ๐๐... Show More Translate
Not investment advice. The author may have financial interests in the mentioned instruments.
Non ti preoccupa il fatto che Meta stia perdendo questa AI race? Lโazienda รจ ok ma il prezzo azionario verrร pesantemente impattato appena si diffonde piรน negativitร a riguardo
In bocca al lupo per dicembre! ... Show More Translate
Have a good end of the year! From tech stocks, I also like Meta and Microsoft the most. Picked up Meta at the perfect time :)) Good luck! MJ ... Show More
Grazie Martina per i tuoi aggiornamenti come sempre puntuali, precisi ed esaustivi. Continuo ormai da piรน un anno di seguire esclusivamente il tuo portafoglio e posso piรน che ritenermi soddisfatto della performance, ma sopratutto delle informazioni e prontezza delle tue conoscenze e competenze. Continuiamo... Show More Translate
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