Nutanix Inc (NTNX)

Very trendy stock. What the markets wants right now - despite valuation. Would wait for weakness before buying. 

(A Top Pick Dec 14/18, Down 38%) He sold this. A cloud computing software company that sells infrastructure appliances to data storage companies. They were successful early, but competition came in and their shares have fallen.

He remembers when it was down in the low-$20's--when he bought it--and today it's at $53. It's in the Cloud, the software side. They got into hyperconverged infrastructure that allows the hardware in the Cloud's data centres to be updated. This stock has worked our well for him. He has a price target of $68. He wouldn't buy more here, but wait until it falls to the high-$40's.

Formed a cup and handle. The stock went parabolic in November, it's probably quite overbought and due for a small correction. Any correction would be a buying opportunity.