Top 10 Tech Stocks To Watch in 2021

Opinion about GOOG-Q: The cloud services business started generating positive operating income, but the other ones are negative. There is so much underlying value in GOOG. The big risk is regulation, but if forced to break up, then parts of the business will sell off. GOOG generates tons of free cash flow, and are great…

Opinion about AMZN-Q: It was coming into resistance and having a tough time leading to the report. Even if they had a great report, shares would have struggled around $206. MSFT had a monster report which raised the bar for cloud, so that's why Amazon is getting hit. He owns enough shares now, and won't…

Opinion about META-Q: (A Top Pick Aug 28/24, Up 53%) Didn't trim this either, in his top 5. 12-month price target of $805. You might write some calls, but it's another one that blew the doors off earnings. If you own it, hold on. For new $$, buy in thirds here, around $730, and anything…

Opinion about AAPL-Q: Usually, they allow others to invest in new technologies, let's them make the mistakes, then Apple enters to capture the entire space, as in music and the phone. He expects the same game plan with AI. This strategy is already baked into the shares. The PE is richly valued. Part of this…

Opinion about MELI-Q: He's not that familiar with this one. Look at free cashflow (operating cashflow minus capex). As a tech company, stock-based compensation could be a potential landmine (giving out shares, but it "doesn't count" because it's not a cash item). Strong company, though some negative ROIC in the past going back to 2018 (which…

Opinion about MSFT-Q: Are beating the other AI cloud companies, including Amazon. Their adoption of Co-pilot is ramping up. Well-managed. It remains good value at 34x PE. Is growing rapidly and consistently. We're in the early innings of AI. (Analysts’ price target is $624.70)

Opinion about NVDA-Q: They report Aug. 27. AI will remain a tailwind for productivity and economic growth. However, he liked NVDA when it was below $90 last April, but not at twice the price. It costs too much now, though he likes the company. Technically, it needs to fall to at least $150, in the…

Opinion about CSU-T: Really big move, a leader to the upside. Now showing signs of stalling and breaking down. Reaffirms his view that we're in a corrective phase. Moved below the 200-day MA, not a great sign. Doesn't mind nibbling here, but expects a better opportunity in the next 1-2 months as we get through…

Opinion about STNE-Q: (A Top Pick May 14/21, Down 80%) Has been hit hard by tech selloff. Has sold shares in company. Serious business problems in Brazil (regulatory issues with accounting). Pandemic made things worse in Brazil.

Opinion about BABA-N: Loves the stock. But can't ethically invest in it because one of his firm's researchers works for BABA. Follows it, and his 12-month price target is $151.50. Cloud, commerce, digital media and entertainment, innovative initiatives. Only wildcard is the Chinese government.