Jim Lebenthal

Has long-term legs. Earnings estimates are flat, shares are up, but it's overbought, though nothing is wrong with the fundamentals. 

Pharma is a great place to be now after being dormant. Vertex owns a cystic fibrosis channel and thriving in other therapeutic areas.

He'll buy it below the IPO price. There is speculative fervor, fueled by Elon Musk who is too P.T. Barnum-esque for his liking. Musk said SpaceX will reach $1 trillion in sales by 2030. Well, how about $100 billion first? I have Elon discounted, not at a premium. SpaceX's price and valuation are too much. Tesla defies fundamentals, yet still does well. Robotaxis and self-driving cars haven't happened, but shares still go up.

He predicts the price of oil to rise from now to the end of the year, to $70-80. We're underestimating how much inventories need to be refilled around the world. Also, it takes a while to transfer oil out of the gulf. Thirdly, countries will de-link from the Persian Gulf.

Will benefit from the AI buildout. They made a big acquisition today.

Has huge momentum, the biggest chip company in the world that's driving the markets. It just set a record at $213 and is now $199. Come on--it's right in front of your face. Demand is outstripping competition.

Trades at 15x PE, pays nearly a 3% dividend yield, is 15% off its peak and well look today's oil and natural gas prices in Asia and Europe. Exxon will be making money for a while.

Just upgraded. They just reported earnings and beat across the board. The stock was down a little, but is up over 50% this year. Many drivers here: collectibles, precious metals, even cars, consumer to consumer business, great balance sheet and buying back shares.

The technicals look terrible, with the 50-day moving average sloping down and could cross the 200-day into a death cross. But the fundamentals are terrific and the stock is undervalued. Short-term, there are no catalysts.

It was up on the month before, better than the market. Today's headlines of a rumoured regional bank buy (Citi denies it), gives you an opportunity to buy.

The fear that AI will eat into software stock revenues is the reason for MSFT's weakness. But he just bought MSFT at 20x forward PE. Fears are overblown but only time can heal these stocks.