DON'T BUY
Tracks company performance but hasn't bought shares. Is a legacy software provider. Microsoft creating better products. Looks cheap, but would not recommend buying. Prefers Salesforce, Adobe or Servicenow.
computer software / processing
BUY
Believes is a good business that will continue to preform well. Lots of headwinds in macro environment, but would be a good long term hold.
telephone utilities
BUY
Likes Google as a business. Online advertising may decrease in economic slowdown, however long term is a good business. Leader in online advertising.
Business Services
BUY
Likes company and is the premier manager in alternative investment space. Well known for making good infrastructure investments. Has capacity to make deals in poor economic environment. Will continue to raise money when opportunity presents itself.
management / diversified
COMMENT
Now the market is a tradable bounce, though he's bearish. He was playing momentum by buying Boeing and Delta which has worked out okay, though not great. He sold them.
Transportation
COMMENT
Now the market is a tradable bounce, though he's bearish. He was playing momentum by buying Boeing and Delta which has worked out okay, though not great. He sold them.
Transportation
BUY
He re-entered Porsche because they guided positively for this year, and it is a luxury brand so it's not impacted by consumer weakness. He's cut back his Target shares a lot, because next week will be important, not for market earnings, but what the Fed will say. He missed the bounce last week, but has caught part of the bounce this past week. Everything is short-term in this market; he's not predicting a bigger bounce ahead.
Automotive