Sarat Sethi, Managing Partner, Douglas C. Lane & Assoc.

The market is in no-man's land given Trump's tariffs, but NVDA is up today (after the CEO spoke at a tech conference) is that they are supported by a great product pipeline. Macro, we're waiting for news and valuations are a little high.

They announced lay-offs, but no financial advisors. 70% of earnings come from the wealth business. They have a strong balance sheet and pay a 3% dividend yield that's growing. MS is-5% this year. The time to buy.

Was a spec buy. He'd rather buy SLB, because with more drilling, he wants to be in the picks and shovels.

Was a spec buy. He'd rather buy SLB, because with more drilling, he wants to be in the picks and shovels.

Likes this space. Demand for construction will still increase; these stocks have done little in the past 2 years. There's no other competition. Earnings will rise.

They have long-term construction contracts, making them serial compounders over time.

They're in the sweet spot for AI which needs customer data--which CRM has. They have a huge install base. Shares are -16.5% this year, so it looks good.

He loves companies that spend on the future AND have positive cash flow. They report next week.

Is skeptical about the impact of AI on their iPhone upgrade cycle.

Likes MS, expecting its capital markets activity to increase.

Likes it because each year they can raise their prices, which is built into their contracts. Also, earnings are accelerating and the dividend grows.

They just reported a Q2 beat. It hasn't performed well, but is finally rebounding a little. Their product pipeline will be good for the next few years.

Will benefit if indeed the capital markets business is back, as GS says. Their overhang is their wealth management business, their strongest business, which the SEC is examining. Will listen to the CEO's call about capital markets and backlog. The large banks should do well, not the regionals which look uncertain. It reports tomorrow.

They have a combination that works, including capital markets and wealth management. Should deliver a good report.

Was upgraded today. Likes it long term given its dividend growth. They did a great job in 2023 during the Bud Light debacle by growing market share, led by Modelo beer. is well-run.