Josh Brown, CEO, Ritholtz Wealth Management

A major holding for him. Is a unique company in presenting live music [a monopoly]. Is bulletproof and keeps chugging along. Deferred revenue is up 22% year over year. 85% of large-venue shows are book. Tickets sales are up 11% over the year. Shares keep rising above the 50-day average.

Their 50-day average has been rising since last summer. If you own, ride that 50-day and let the market tell you when the rally's over.

Their 4-for-1 split took effect today. Cybersecurity stocks are no longer treated like software. Their forward PE is 127x. Look at the software names more than the Mag 7.

Apple's the one to watch in the second half of 2026 given product launches, while the Mag 7 has fallen from highs.

He thinks Netflix will take a run at NBC-Universal and the market will love it. This would be a better deal than the Warners one.

It's too late to buy it. It up 219% this year. MU is seeing a massive uptick in earnings growth due to price increases. This situation rarely lasts after a couple of years when peers compete and become suppliers. Also, the LLMs and data centres will eventually find ways to use less memory. All it takes is for someone to say that they have found 20% more memory efficiency and MU stock could be $700 in two seconds.

He doesn't hate the stock here, and he owns some software stocks, but they all live under the cloud that AI will threaten their business. When they report today, if they can assure the market in their guidance that their customers are using their AI products, then this is the answer to putting a floor to these software-apocalypse news. If they don't, there will be new lows.

They announced they will let AI agents trade. It's a good thing. This is where the business is going, using AI tools. He hopes people don't use these tools recklessly.They announced they will let AI agents trade.JoshIt's a good thing. This is where the business is going, using AI tools. He hopes people don't use these tools recklessly.

He sold Archer Aviation to double his position in Joby. Joby has revenues and a clearer path to FAA certification and will get their vehicles working as taxis quicker than Archer. 

He sold Archer Aviation to double his position in Joby. Joby has revenues and a clearer path to FAA certification and will get their vehicles working as taxis quicker than Archer. 

He just bought a small position. The CEO has a good track record, aggressively buying and absorbing companies (XPO is an example). QXO is in one of the last gigantically fragmented markets.