He bought it recently, because it's a great opportunity for appreciation of 36% upside. They will focus on growing their domestic side in China. Amazon's PE is around 74.5 while BABA's is 32x. So, BABA is cheap.

Markets plunged today in manufacturing numbers from the US--the lowest in a decade. He isn't worried because he's both long and short the markets and in fact, his stocks rose 0.5% today. For tech stocks going forward expect the same volatility we've seen the past 18 months. One area where tech and digitization will make big gains is real estate. Tech hasn't touched real estate much so far. One day, we can buy a mortgage online, for example.

Many small/mid-caps tech stocks, especially software have been dragged down. TXN is trading at his price target now, but he'd buy it if it fell into the $110's. This pays around 2.5%, offering protection from volatility. Gradually buy into this.

Down $1.67 today. CSCO is in his top 10 and has been buying it all along. His target is $56.00, so there's still some room. You can buy a little now and a little when it's lower. Buy in thirds. Buy this in the $30's.

There is a huge rotation over the summer getting out of software. IGV has corrected around 12% and some stocks down 25%, for example. AMD is a great choice. The chipmakers have learned to manage corrections from past pullbacks. $51.50 is his price target.

He's been looking at this. They just did an 8% convertible preferred offering that's created stock volatility. $320-325 is his price target. But you could get it cheaper. However, look at Micron, which has been slammed 15% lately. Micron reduced guidance a little, but managers can handle cyclicality, and they have a good mix of products. $58 is his target.

Micron has been slammed 15% lately. Micron reduced guidance a little, but managers can handle cyclicality, and they have a good mix of products. $58 is his target.

Go to $250? Doubtful. He sold it at $218. He may buy back in. He wants to see how their services and wearable divisions are doing. It's too rich now.

They're China's biggest retailer. The government is focusing on the domestic consumer, so JD will do well.

He loves it, but he's actually not in it now. He sold it around $205-210. Its problem is there's a lot of competition entering this space. They own the royalty on all OLED screens. There are better opportunities elsewhere.

FB is good warning about earnings, though he thinks their next report will be fine. His target is $230, so he sees a long runway. FB is not expensive. 1.38 is its PEG ratio.

Good growth despite huge PE ratio? He closely follows it. Doesn't own it because it's been down 30% since its last earnings call. The big picture is that there are so many competitors entering the streaming space. He's close to entering. It was a long runway despite competition. Their PE now is cheaper than three weeks ago. $383 is his price target.

Has it sold off enough to get in? Phenomenal Canadian company. You can buy this cheaper. $62 is his target. Start buying this in the $40's. His rule is to buy a third at a time.

It stands out because their API and the use of easing that while that API is not restrictive--easy to use, but has many uses by companies of all sizes and types. That's how Shopify flourishes. The current pullback is a great opportunity. (Analysts’ price target is $355.99)

(A Top Pick Oct 31/18, Up 9%) His target is $2,100. They is primed for continued growth. AWS is a powerhouse, unlimited. Even in the latest quarter they showed a big win in subscriptions. In a correction or recession, all Amazon has to do is expand their e-commerce margins and still do fine.