Rob Sechan, Managing Partner, New Edge Capital

Down 10% today. It still hasn't been price-discovered yet. It's still engineered around the IPO and there are lock-ups coming. No company can replicate their fundamentals. Won't but now, maybe later.

Energy was upgraded today based on healthy earnings growth, reasonable valuations, geopolitical insulation and low correlation to AI infrastructure. There's risk to the price of oil.

Power will continue to be a bottle-neck in the AI build, and VST is best-positioned.

Has momentum, riding the memory chip demand.

Was upgraded today. They have a superb business, but there are valid concerns about one of their brands. Is sticking with it, given the valuation re-set. Risk/reward looks more attractive. Will benefit from the pricing power in software.

Underwriters, scarcity and index inclusion will hold up this stock for the first month, then the fundamentals will apply after the lock-up comes off. He owned this privately and now publicly. When their costs go down and the share prices goes up, SPACX is the winner. Margins are good and will improve. There are many parts to this business, and the most important is enterprise AI. Don't chase it here, though. Would buy if the price returns to the IPO, which may not happen. No stock has more momentum than this. 

Prefers Microsoft to Meta, which are both off their highs by the same percentage. MSFT will monetize their AI faster.

The cybersecurities have re-rated down a lot from AI fears, but FTNT is still growing. Cybersecurity will remain important while this AI disruption still needs to be proven.

Is already overweight this name, which is -20% this year. Their business set has gone from cap-lite to cap-heavy. The market is digesting this and waiting to see what will be monetized, which they are starting to. If you don't own, this is a great time to look at it.

They're pricing power has been confirmed many times. He likes it a lot.