Stephen Weiss, Founder, Short Hills Capital Partners

They have buying power. Consumers prefer trying their sports equipment in stores than on line.

He exited his shares before the quarter. NFLX continues to miss; NFLX said they're worried about growth. There is a more competition now. It's dead money. Paying for live sports will limit capital returns to shareholders and limit buying content. That said, it's a solid business and acts like a utility.

The fundamentals haven't changed. They're still way behind in AI with no plan. Valuation is more reasonable than it was. It's still slow growth. It's money looking for a home. Pure and simple.

He sold most of it. Trading at 35x forward PE is insane for a highly cyclical, capital-intensive company. It should be around 15x PE. We don't know how long this rally will last, but CAT has always been cyclical. He expects them to report a good quarter, though.

It's corrected a little, but remains the top play in retail.

It reports next week. The former CEO has returned, who will kep costs under control. He sees upside.

He bought it back. Shares are down a lot. The company has changed. It used to be in aircraft leasing and maintenance and has turned into a power generation company. Aircraft engines power data centres. It trades at 17x EBITDA, cheap compared to GEV and others. It's part of the AI trade, so it's volatile.

He sold all his Micron last Monday and made a good profit. He bought it at $350. Do I want to be piggish and keep holding or take a profit? He took profits.