Vice President and Partner at Campbell Lee & Ross
Member since: Jan '12 · 2004 Opinions
The AI hype is way overextended, like the dotcom era. NVDA's market cap is bigger than all of France or the UK or Canada. Ridiculous. If you own it, trim and take profits. NVDA is only one component of AI with software being another. Why is NVDA soaring and the other components are lagging? Is a recipe for disaster.
KLAC offers a yield management tool used in the semis industry. The chart is very good. Problem is that the large-cap names in semis are included in ETFs, so those names have run up without being tied to the cycle. Compare that to non-ETF names, like KLIC, which he prefers but has had a deep sell-off which makes it an opportunity.
KLAC offers a yield management tool used in the semis industry. The chart is very good. Problem is that the large-cap names in semis are included in ETFs, so those names have run up without being tied to the cycle. Compare that to non-ETF names, like KLIC, which he prefers but has had a deep sell-off which makes it an opportunity.