Bill Baruch, Founder, Blue Line Capital

It's a disaster, but he appreciates their transparency. We will see another outage down the road by another company. There could be claims, but he sees today's pullback as a buying opportunity. He's watching $270 as support. He doubts there will be government intervention. The outage could trigger even more spending in cybersecurity.

Bought it though it's unloved. Shares plunged late April on earnings and lowered guidance, but the selling is done. So the bar is set low for their next report which should be positive. Intel is starting to see analyst upgrades. The government is supporting this with its chips act.

Last week he bought it around $195, then just sold part of his holding around $250. Sales deliveries were good news, and energy storage business hit record profit margins. Another tailwind is that locally built Teslas appeared on the approved Chinese government buying list. But it is a volatile name. If it falls to $220, he may buy back some.

He bought more last week, very bullish heading into Q3. Over the weekend, China reported record sales. This could settle around $197-200. The August robo-taxi unveiling could be influential. China is extending subsidies in consumers buying Teslas.

He trimmed is Nvidia by 10%. Sometimes after a stock split, shares run up, then pull back by 20-25%, and he's prepared for that here. This is his biggest position. He'll see how it plays out. He could sell more next week. Maybe shares can rise to $160.

He did a put spread on May 2, the 500-520 end of July put spread. He wasn't concerned about NVDA or tech, but to the market's reaction broadly to Nividia's earnings. Rally broadening in the S&P had not happened. You're limiting your downside with a spread. He bought back the 500 put, which leads him long only the 599 outs.

They project 30% YOY revenue increase next year. Shares might settle here a bit, but could enjoy a bump on news that the S&P will add them the index. Their annual recurring revenue will continue to be a behemoth for them.

He just bought Dell recently, and will add more if shares fall. In fact, it was a gift that shares fell after earnings. Sure, there are profitability concerns, but the bigger story is their 30% backlog. They will continue to grow. They will be at the centre of AI hardware.

Is adding to it. They're increasing share buybacks and dividends.

Peak negativity is fading now as this bottoms. He targets $200 in the near future. It's not just a car story, but an AI one and a charging one. He will buy more soon.

He just added shares. Apple is a rare gainer in this down market this week and today. He held a large position and began trimming at $185-189. Finally, yesterday, Apple announced a new innovation (will add AI to its iPhone 16 and Macs), something the market had been waiting for. Also, shares held the October low. He likes to buy stocks then they're inloved, like Apple, It has room to run this year. If spending in services in China rises, Apple will benefit. Buyers responded when shares hit $160-170.

He just bought May 500 puts. In the two days since the Fed meeting, the USD has strengthened against many currencies (Euro, Yen, UK pound, Chinese yuan). Ripples in the currency market will lead to a slight pullback in the S&P.

He bought a small position and shares took off immediately. He's waiting for this to stabilize. There's much talk about its March 12 lock-up period to end. These kind of stocks are volatile, so manage your risk. His holding is small enough to withstand volatility, but he will hold it for 3-5 years and he expects shares to rise 4x.

Yields rose this week but he was encouraged to see BOA trade well, unlike falling as it usually does when the 10-year climbs. The negativity over the regional banks has been flushed out, which benefits BOA. He also own JPM, which is setting highs, but expects BOA to catch up and outperform JPM.

He bought Tesla, because he thinks shares and negativity have bottomed. He wouldn't be surprised if Elon Musk buys more shares. Feels like the consolidation period has ended.