TRADE

Basically the NASDAQ 100. Acts as a benchmark for a lot of people like himself. Extremely liquid. Trade, rather than invest. Top was around $550, and he thinks it will probably take out those highs before the end of the year. 

Based on the look of the chart, he'd write calls against it with a strike of around $530-540. This way, you collect some premiums. If you don't want to get taken out, just keep rolling the strike price up. 

SELL ON STRENGTH

Revolving door of CEOs -- hard to find someone with both business and engineering skills. If you ever see it up around $25, take a bit of profit. Or write some calls against it as it gets close if you don't want to get taken out. It will have its day, but it reminds him of IBM. Believes that with Mr. Trump on the throne, he'll protect this company pretty carefully.

BUY

Expects this type of volatility until the fall, and then the whole Trump administration will get into campaign mode for the mid-terms. One of his top 5 holdings, and has been for ages. So many horses in the race, which they've learned how to monetize. 12-month price target of $805, about 28-29% runway.

Between GOOG and META, he'd go 50/50.

TOP PICK

A small cap (not his usual fare ;)  May be 3-10 years before quantum computing becomes mainstream, but the stock market is all about future value. The wave is definitely coming. Very few pure plays out there. Most people gravitate to the big players. No dividend.

Builds super-smart machines that use light instead of electricity to solve really complicated problems. Focus is on fitting into current setups without massive capex. His 12-month price target is $15. Not profitable, so don't put more than 2% in.

(Analysts’ price target is $14.00)
TOP PICK

Not profitable, so don't put more than 2% in. But you know the tsunami's coming, it's not just a dream. Up 32% yesterday. His 12-month price target is around $25, but it's just a number. Announced that revenues shot up 150%. Defense and pharmaceutical contracts. No dividend.

(Analysts’ price target is $12.83)
TOP PICK

Not profitable, so don't put more than 2% in. Uses trapped ion technology, which uses ions suspended in electronic fields as qubits. No dividend.

(Analysts’ price target is $40.00)
COMMENT

Today, stocks slid as treasury yields rose. The budget deficit is front and centre now. When we finish budget negotiations to result in a bill, people will focus on Trump's promised tax cuts should be great for growth. The bill is inflationary, but will juice the whole economy. We will grow our way out of the deficit. The bond market will calm down.

BUY

It went down because of DOGE cuts earlier, but Musk is no back at Tesla. So, now you can buy it. The CEO is very smart.

BUY

They reported after today's close their third-straight strong quarter: top and bottom line beats, strong guidance this quarter and terrific full-year sales forecast. Is up 31% the past month. 

BUY ON WEAKNESS

Good to buy at current levels. They last delivered a good quarter apart from one glitch with a customer.

HOLD

It reported great revenues. You can swap these shares for Tesla, but you can also hold and ride it. But he's not sure if this company is sustainable.

DON'T BUY

A high-growth company that last reported a bad, unfathomable and surprising miss.

TRADE

The market and Micron are getting toppy. This can go down to $80, no problem. This is a trade, not investment.

BUY

He believes in their self-driving cars. He expects Trump to allow these cars on the interstate.

PARTIAL BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

There is still lots of risk here but we think the potential is also looking good from current levels. The company is still quite levered, but it generates good cash flow. EPS will fall this year but better things are expected in 2026. With its slowdown, the company has some serious cost-cutting efforts ongoing, and if these work there is good leverage to earnings. We would not want a lot, and it is for recovery-style patient investors only, but we think it will ultimately recover well enough.
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