Kevin Simpson

He expects a boring report next with fantastic numbers, including EPS. The Red Hat integration is working.

The catalyst would be if they can deliver an oral weight-loss drug and he expects so. He agrees with today's upgrade.

He bought more around $359 to replace shares he called away. Rates are still high, so there is still a long-term recovery happening.

He wrote a covered call on half his position before the report. Sold to open the July 25th $1,245 strike for $57 or 130% annualized (1-week calls). Close this morning at the open for $12 and netted $45 profit. Loves it long term, hold forever.

He bought more Apple. Doesn't know what they will do with AI, but is certain they will do something. Maybe they buy Perplexity, which would be a fine way to interface with AI. He sold this at $247.50, and looks attractive at $200. He's been rebuying this at an average cost of $209, and collected option premiums and small dividend.

He sold the Aug.15 180 strike for $3.50 (20% annualized). Sold 25% of his position to rebalance to slightly overweight.

It was his top pick heading into 2025. It's not just AI, but also hardware and advertising--they monetize AI through advertising. Margins are rising. He expects great numbers.

He hopes their robotics and self-driving divisions produce returns over time. He wouldn't buy ahead of the print, but this stock is a call-writer's dream. He is not expecting a big number from them next Wednesday.

Is trading at a valuation discount to peers, because we all know they will lose their monopoly in internet search. But people are staying in the Google ecosystem to use their free AI. Also driving them are YouTube and Waymo. He expects their next earnings to impress.

Q1 earnings were 39% YOY, so they have a big bar to leap over in Q2. Some aren't sure they will. You can take profits now, nothing wrong with that, but he's not ready to.

It's run up 166% in 3 months, but he won't bet against it, because they control the ecosystem of the young. HOOD, Roblox and American Express, we love.