Bill Baruch, Founder, Blue Line Capital

An AI infrastructure story and a growth story. It sold off 40% from its recent high. Volatile, but thinks it will snap back quickly.

It reports Monday. They benefit from reshoring and energy. Will do well.

Has 7% earnings growth. New drugs have made up the lost revenue of Humera. It projects 24% revenue growth. He likes healthcare. Sees it breaking out.

He bought. Gold has good seasonality in July, and the chart looks constructive now. He doesn't think the Fed will raise rates this year, because Trump will keep rates low heading into the US Midterms in November. And gold is the way to play it.

It's his largest position. Pivotal was them ending their consumer business to focus on their high-bandwidth memory business. Their last earnings report was stellar a few weeks ago. Amazing. They're sold out this year and probably their high-bandwidth memory is sold out to 2027. There's support at $850. It will stay at a low PE.

Doesn't own it, because he doesn't buy fresh IPOs. But he's watching it. The Cursor acquisition is training their models, which is good. The stock has settled after initial buying. Let it settle and see what their report earnings says.

They execute. Their PE hasn't been this low since late 2022/early 2023. 

He just bought shares after being underweight this name. Tech hit a bottom last Monday with peak pessimism, and started to rebound last Monday.

Tech hit a bottom last Monday with peak pessimism, and started to rebound last Monday. Earnings growth is 20% and revenues are growing--the fundamentals haven't changed and earnings have not revised. He just bought shares.

Tech hit a bottom last Monday with peak pessimism, and started to rebound last Monday. UBS upgraded TSLA today and is up 7% today. He just added shares.

He just bought shares after being underweight this name. Tech hit a bottom last Monday with peak pessimism, and started to rebound last Monday. He'd like Meta to walk back capex at earnings. Has good momentum.

Now is a great opportunity to buy miners. CDE has updated estimates which has triggered street upgrades. They just bought New Gold, which will improve margins.