Joe Terranova

Is about to take out its all-time high from December. Recommended it before.

It reports Thursday. Watch for the decline on revenues from China YOY. When LAM Research reported, AMAT rose. Options imply a 6% move.

He just returned to this. Shares rose when Bill Ackman moved in. He targets $100.

It reported last week. This and Costco are benefiting from the economy of scale. Market share is already strong and will gain further.

There's still clear demand for network processors, and AVGO leads here. Capital has moved out of this area into software, but there is opportunity in AVGO.

Chinese stocks have been moving up, partly because of outflows from India and into China. BABA is the best of China's stocks with the most upside. It's close to returning to its high.

Is up 13% for the year, but most of those gains happened in January, driven by AI hopes. MSFT is spending a lot on AI. The stock is running in place, and expects it to restart its positive momentum. However, we need to first see benefit coming from their AI spending. Near-term, the tech winners in AI are Amazon, Alphabet and Nvidia. But set your expectations for MSFT for the long term.

He bought it Oct. 31 and he still has a small profit on it. Can't believe it's fallen from $348 in early December (now $250). It's pulling back with Bitcoin, both volatile which you must accept.

The homebuilders were in a tough spot entering this year, because of higher interest rates. Also, 13% of the construction industry consists of undocumented workers. If Trump cracks down on such workers, these will drive up labour costs and home prices.

Nat gas is an opportunity. We're working off existing inventories and excess supply. Also, nat gas feeds the insatiable demand for energy that's used by data centres.

There will be more volatility and range expansion in markets next year will benefit the brokers.

It hit a new high today, so don't reach for it here, if you don't yet own it. There will be chances to buy it lower later. If you hold it and are long, have a stop in place. $66 is a critical price point, being previous resistance. The volatility won't go away on this stock.

On Oct. 31 to Dec. 6, he was up 91%, today 48%. That is the volatility of cryptos. Bitcoin's support is $85,000. If it breaks below that and you're long, you should take some exposure off. Risky. Remember that 10-year-yield are moving up again, towards their highs for the year.

He still believes in the cyber security thesis. Fortinet has a more reasonable valuation vs. CRWD and PANW, but CRWD is gaining a lot of market share, having rebounded from the summer outage.

This and UAL were momentum plays, and he chased when the momentum began to build and he's been rewarded. True, he was skeptical about their fundamentals.