Bryn Talkington
Managing Partner at Requisite Capital Management
Member since: Oct '21 · 249 Opinions
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Stock Opinions by Bryn Talkington
Down 25% this year though the QQQ is up 15% because the chip stocks have become a bigger weighting. MSFT is not executing and pivoting on a daily basis. Co-Pilot has gone from openAI to Anthropic and now Deep Seek. MSFT is still figuring it out. Co-Pilot is still not great.
She sold one of her SPCX positions. She is a big fan of Elon Musk. The first year of an IPO can be dicey; Facebook and Uber fell 50%. SPCX needs to execute in some hard areas. VCs will definitely take some shares off the table at the end of the lock-up period. Since December 2024, it's up 6x while earnings are up 33%. She will watch over the next few quarters.
Bryn Talkington
Sentiment changed on this, falling. She sold a lot of shares on the way down. She loves what they do--they are the ultimate, original AI software company. They are executing. Is happy to hold the rest of her holding.
Bryn Talkington
It was -20% year to date earlier this year, and now it's +20% YTD. Sitting still was the right thing to do. Cybersecurity is a secular growth trend and investors got the chance to buy this last spring when they got scared that software would replace these stocks. This will grow. Happy to hang onto BUG.
Bryn Talkington
It's incredible it is keeping up with the market, up 14% this year while their capex is down vs. others going up. Their balance sheet is fortress-like. The iPhone and iPad will be the devices we will use for AI, not others. Deserves this PR. More upside to come.
Bryn Talkington
The market has shifted from GPU-intensive to CPUs in the past year. So AMD and Arm are catching up during this CPU move. We're probably entering at time where these stocks get way ahead of themselves, because that's the nature of this market. Unlike 1999, earnings are backing up all these parabolic moves and are actually getting cheap (in PE) due to their strong earnings power.
Earnings are surprisingly strong. Dell is clearly taking share from Super Micro Computer as the data centre build-out takes shape. Their backlog grew, raised guidance, and infrastructure services grew 181% over a year. Also, there's a huge share buyback, but we're still in early days. Earnings and margins will continue to be strong with these data centre names. Revenues have been growing 20% annually consistently. Demand is strong and will endure.
Bryn Talkington
It was parabolic a year ago and has since settled in. Her calls expire next month at $80, which is resistance. But being down 50% from highs is not a catalyst to go higher.
Bryn Talkington
Has long owned it. Expect a 6-8% dividend. Remains a core name in the midstream area. Was upgraded today.
Bryn Talkington
Their fee-related earnings are locked in for a long time. Was upgraded today, which she agrees with. Their dividend is solid. Is undervalued.
Bryn Talkington'%20fill='%23ffffff'%3e%3cg%20id='Pager'%20transform='translate(423.000000,%201755.000000)'%3e%3cpath%20d='M243.295367,17.286474%20C243.68919,16.9045087%20244.327703,16.9045087%20244.721525,17.286474%20L249,21.4361302%20L253.278475,17.286474%20C253.672297,16.9045087%20254.31081,16.9045087%20254.704633,17.286474%20C255.098456,17.6684393%20255.098456,18.2877274%20254.704633,18.6696927%20L249.35654,23.856763%20C249.159628,24.0477457%20248.840372,24.0477457%20248.64346,23.856763%20L243.295367,18.6696927%20C242.901544,18.2877274%20242.901544,17.6684393%20243.295367,17.286474%20Z'%20id='Path'%20transform='translate(249.000000,%2020.500000)%20rotate(-90.000000)%20translate(-249.000000,%20-20.500000)%20'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
Down 15% this year though the QQQ is up 15% because the chip stocks have become a bigger weighting. Meta is not executing and pivoting on a daily basis. Meta is burning money, figuring out what to do, but should focus on Instagram, Facebook and WhatsApp and their glasses. Those areas are doing great.