Kim Bolton

It seems to be looking through the whole Iran issue and focusing on AI. It's also a result of earnings. ANET didn't do all that well last night, but AMD blew the roof off.

You can definitely see the winners and losers. Even with the Mag 7, META took it on the chin. As did MSFT. But on the other side of the coin (and a bit of a surprise), AAPL is a shiny apple ;)  NVDA earnings come out 2 weeks today, and that'll be the end of earnings season.

Earnings have definitely been a catalyst to send the NASDAQ for the better part of almost 2000 points. Once NVDA comes out, it may go back to the macro side of things.

If you look on the charts, the NASDAQ (the barometer of the tech arena) is 12-14% above its 50-day moving average. Whenever it gets up here, it tends to fall off.

A lot of people are going to be writing calls at this point. There's been a lot of FOMO, especially by the retail community. He thinks it's sort of the last gasp.

Levels of the stack: infrastructure and picks/shovels, platforms that facilitate workflows, and then end users make up the top stack. Today, everyone's flooding toward the picks & shovels. But that's because of the earnings that came out.

When he was on the show about a month ago, investors were looking at the end users and enterprise companies that were applying AI tools. This shows through in healthcare, banks, and industrials (such as ETN and TT). These companies are talking on their earnings calls about how AI is feeding to the bottom line.

He has a core holding on either side of 3.5% -- he trims on the way up, buys back on the way down and writes options around it. Price for another (but smaller) M&A deal is ongoing. 

His 12-month price target is $116.33. Buy a third here ~$88, another third ~$84-85, and then ~$80.

Gets painted as sort of a software company, and those are out of favour. Price action is very difficult, and often feels like trying to catch a knife. His price target is ~$205. There are so many other clear opportunities out there than trying to wing it with this one.

His 12-month price target is $107.50. Celebrating its 50th anniversary! And it's a leader, competing so well with the big consultancy companies. Tough business in this environment, where the focus is less on consulting and more on hardware.

One of its businesses involves helping small- to medium sized companies manoeuvre through the AI stack. Thinks that's the way going forward.

Reported last night. But his choice would be TSLA.

Note:  The ADR in the States is rather illiquid, better to go through the London exchange.

His preference for the play on robotics -- they're rolling them out this year. Things are changing so fast on both quantum and AI, and the intersection of those 2 areas leads to robotics.

Reported last night, down ~16% as of right now. Beat on top and bottom. Problem, again, was on guidance. He suspects they weren't as efficient on the supply chain. His position is less than 2%. Great buying opportunity. Thinks analysts' price targets may come down to ~$170.

CSCO is a competitor and reports next week....should be interesting.

His price target is $30.35. Lots of volatility. You have to sift through all the data. Reporting a while ago was a bit sketchy, but better now. Popular outside Canada.

His price target is $18.05. Very volatile. A stock to rent/trade. Difficult to do options on it. In low teens, he'd buy; in high teens, he'd sell. You could buy a third here ~$14.50, more ~$13.75, and the final third ~$13.25.

His price target is $456, or ~$40 (9%) from here. Has 75-85% market share. Huge backlog.

Lots of volatility. Great core holding to trim on the way up, and add when it goes down. They're not here to make $$ today, they're here to make $$ when quantum gets commercialized. His 12-month price target is $17.80.

Consensus is that quantum computing will become commercialized by 2029.