Earn Out Loud
Hey friend,
When I started investing as a teenager, one of the hardest things to do was buy a stock after it had fallen.
Why would I buy something going in the opposite direction of my goal?
By my early 30s, buying a quality company after its decline became one of my favorite pleasures.
Doing this, I’ve doubled returns on countless investments, including Amazon, Nvidia, Google, and Okta.
I learned that a declining stock price is not always a reflection of the underlying business.
If nothing fundamentally changed about a great business, it’s likely still a great business. And a temporary decline is just an opportunity to own it at a lower cost.
I’m seeing those opportunities in the market now.
So, here are three tech companies I’m watching after their recent falls.
Netflix (NFLX)
Trading 47.9% below its all-time high.
I remember when the streaming wars started in 2019. With companies like Disney and Paramount becoming competitors, investors assumed Netflix would slow down.
Instead, it grew its subscriber base, launched an advertising business, became consistently profitable, introduced live sports, and increased subscription prices seven times.
It’s the largest streaming platform in the world, it’s wildly profitable, has new revenue streams expected to double, and is currently trading at less than $70 per share.
SpaceX (SPCX)
Trading 45% below its all-time high.
SpaceX IPO’d on June 12, 2026.
I didn’t write about it. I didn’t make a single recommendation.
Why?
68% of IPO companies increase on their first day of trading. It’s called the “IPO Pop.”
But by the first few months, the hype fades, the stocks stabilize, and 90% of them see huge declines.
That’s happening to SpaceX right now.
It’s trading 45% below its all-time high, and 8% below the IPO price.
Taiwan Semiconductor (TSM)
Trading 16.6% below its all-time high.
TSMC manufactures semiconductor chips for Apple, Nvidia, AMD, Intel, Broadcom, Qualcomm, and MediaTek.
In other words, it controls over 90% of manufacturing for the world’s most advanced computer chips. It’s the world’s sixth-most-valuable company, and 16.6% below its all-time high.
Big Beginner Insight
Short-term price declines are part of the investing game.
If you want to own great companies, short-term declines could be your opportunity to do it at lower prices.
That doesn’t mean their lowest price.
Your job is not timing the market.
Your concern is buying great companies at reasonable prices.
Keep investing in tech that shapes our future,
-Isaiah from Earn Out Loud