Part 7/10:
Wong is bullish on some key stocks and emerging sectors. He sees substantial upside potential in Amazon, especially ahead of its "Re:Invent" conference scheduled for December. Despite some recent underperformance and wider headlines, he emphasizes that Amazon’s ongoing development efforts and broad network of fulfillment centers could translate into significant gains.
Tesla also remains a focal point. Wong points to Elon Musk’s upcoming compensation package, which could be tied to a $2,700 share price and a market cap target of $1.8 trillion. Achieving these milestones would give Musk an effective valuation of about $8.5 trillion—an extraordinarily bullish outlook, contingent upon Tesla’s ability to reach its operational and growth targets.