Darren Sissons

A good company, but the issue he has with it is that the volume of copper in the data centres, which is causing a heating issue. That needs to be addressed. If you're ahead on GEV, take some profits.

Not a huge fan. The best days in momentum and share price and behind Uber. He doesn't see a moat, including self-driving cars. Take profits.

A decent company and one of the better European banks. But he doesn't like banks now, because they've run up too far. Take some profits.

He bought at $146 and trimmed it earlier this year. In mining, he prefers the royalties. FNV carries no debt and benefits from new mines coming online without taking operating risk. Historically, metals stocks get traded and do little, but in the past two years have moved up a lot. These stocks are vulnerable to rolling over here.

The problem is the operating leverage. AI is an issue--everyone is using AI to check their grammar and spelling when they post or write something. How much will you pay for that? The easy money has been made.

He trimmed it earlier in the year after making a huge gain. He likes their business, but has the narrative changed--and this applies to the other hyperscalers too. For new money, buy half a position now, after today's pullback. Is a high-quality company and he likes it.

It's always been quite expensive. The passive ETFs keep pushing names like this higher, and this won't change. The demand for semis remains high. TSM is a fantastic business.

Run by the best CEO in the semis business. Very acceretive acquisitions they made. The only thing he doesn't like is their valuation.

Has performed well. The rotation out of AI and oil has flowed into medtech. He will hold this for a while.

It's been hammered. He sold this as a tax loss. This won't get much cheaper as we head into 2027. He'd buy it in Q1. The rich don't get poorer in recessions. The entire luxury sector has been hit.

He trimmed in in Q1 as it soared. Good company. If peace breaks out in the Middle East, shares will retrace

For new money, telcos (as well as REITs and other sectors) have been hit as interest rates keep rising. The telcos, though, have aleady cut dividends, so they are relatively defensive. Getting more income into your portfolio now makes sense. So these sectors act like a bond proxy, which are buys.

The fear was that AI would kill companies, including this one, but the reality is that companies like this will adopt and include AI. He likes Adobe, though it's business is somewhat at risk. While he's not excited by this space, those AI fears are overblown. If you're down on Adobe, take a tax loss, but look what happens in 6-12 months and follow the reporting.

If you owned this before 2024, don't add more shares, but take some profits.