Rob Sechan, Managing Partner, New Edge Capital

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.

This and Lowe's are quality businesses that he's long owned. Healthy profits and capital efficiency. They will benefit if interest rates decline. Be patient.

This and Lowe's are quality businesses that he's long owned. Healthy profits and capital efficiency. They will benefit if interest rates decline. Be patient.

He likes financials, and JEF is gaining market share. This will benefit from more M&A next year. Trades at a 17x forward PE.

Terrific fundamentals: 38% free cash flow margins and 64% operating margins. A key holding for him. They're in the midst of a secular growth opportunity in AI.

He's benchmark-weighted this name. It's dangerous to go against a stock that has this kind of cash balance. Also, they buyback shares on earnings. (Hit a record high today.)

He bought this May 1, and up 52%. It's still cheap. Trends look favourable over the holiday season. Hold until at least May 2025.

His biggest winner of the year, up 264%. He has not trimmed his holding. It still isn't expensive at 20x forward PE. Demand for energy to fuel AI will endure.