Rob Sechan, Managing Partner, New Edge Capital

He added more. It's cheap vs. its history, as long as its earnings hold up. There's no competitive threat or threat to exports.

He bought it at 12x PE, now at 19x. The new CEO demonstrates they can change their business.

He waited a long time to see performance, but patience paid off. Earnings are accelerating, fueled by their HIV platform.

This got expensive, so he reduced his holding at 50x PE, now at 35x. Is still overweight this, because he believes in the GLP franchise. Expects strong revenue growth over 2 years.

He added it last May, and up 51% since. Today's more fully valued at 23x. Remains a long-term hold, given their AI consulting.

Trades at 12.5x PE, trades at a 41% discount to semi sector, and they've done a good job moving into EVs.

It's been a tough stock the past year. People have been worried about the adoption of AI and the impact on Adobe, but Firefly has been encouraging and he expects more people will use this product.

Like Amazon, they dominate key secular growth areas in e-commerce, are in cloud computer though trade at only one third of Amazon's PE. Is a modest grower, but has a huge margin of safety. There's so much pessimism about tariffs now. Wait and see, but would be an opportunity if the tariffs are more bark than bite.

It remains cheap, operating profit is up a lot, are spending huge in capex, though free cash low is up minimally. Reason: they're becoming capital intensive. 

A key beneficiary of AI capex and is the world's biggest chipmaker with dominant marketshare. Few can match their tech expertise, and their valuation remains reasonable.

He trimmed it last year due to continued cost pressures and valuation. Is worried about sales growth stagnating and more competition.

It's a long-term monster he's owned forever. Remains profitable with capital efficiency. Ultimately, it needs to benefit from a home recovery and improvement spend, and that needs lower interest rates. He's patient.

It reports tomorrow. He expects 7% organic revenue growth because of stabilization in the business and a healthy pricing mix.

A cheap way to get into AI data centre demand.

Trading at a high 32x forward PE, but shares are near 52-week highs. Is growing around 15% in earnings despite a challenging macro. Cross-border travel continues to beat expectations. Consumers are also seeing higher wages to fuel their spending.