Google vs. Alibaba: He owns both. Both have leadership in the West and China, respectively. Under 25% of Google's revenue stream comes from the search engine, then they re-invest it. The search engine is like a piggybank and takes up a huge proportion of overall online advertising revenue. Similarly, Alibaba is dominant in China. They have long runways (as noted in how Google reinvests revenue from searches). As for Trump's tariffs, these are nickels and dimes against the big scheme of themes--unless the tariff war escalates.
Google vs. Alibaba: He owns both. Both have leadership in the West and China, respectively. Under 25% of Google's revenue stream comes from the search engine, then they re-invest it. The search engine is like a piggybank and takes up a huge proportion of overall online advertising revenue. Similarly, Alibaba is dominant in China. They have long runways (as noted in how Google reinvests revenue from searches). As for Trump's tariffs, these are nickels and dimes against the big scheme of themes--unless the tariff war escalates.
What Canadian company would benefit from 5G technologies, except the big telcos? No, there isn't one. By 2026, the 5G business will be worth $1.26 trillion globally. The problem is that service providers have to invest a lot of money and wait a long time to recoup that money. He, instead, invests in the companies supplying these service providers, like Cisco and Celestica.
They enable customers to operate in the hybrid Cloud world. They hold the hands of customers to transition into the Cloud which is growing. On June 22, they reported. They have had growth rates of over 20%, but they lowered it to 14% that they blamed on fixed income. He thinks they were moderating investors' expectations after a serious run. He sees 20% growth in the coming year. (Analysts' price target: $167.68)
It's in the digital media/creative space. It's reasonably priced now. His price target is the current $250, so he'd buy at $210-220.