Latest Stock Buy or Sell? Make More Informed Decisions!

AI hardware stocks caught in a supply chain bottleneck are going parabolic now, given so much demand and limited supply. And yet Sandisk is trading at only 9-10x and their income margin has shot up from 5% last October to now 70%. They command extreme prices. Ultimately, hardware will see competition enter this space. You can't have 5 years of backlog and 1,500 data centres by 2028 at the same time. Software: do these companies have a subscription or usage-based model? Ultimately, AI will disrupt the subs model, but if you provide a service and infrastructure to AI agents, this is positive (usage-based), like Datadog and Snowflake. He likes software and the Q1 sell-off of 50-70% piqued his interest, but these businesses are still growing 10-30% topline and very profitable. He dove in. These stocks are a lot less attractive now than in Q1. That sell-off was partly due to short covering. The ones that have since gone parabolic will catch their breath, so any pullback would be a buy.

Dollar-cost average over a year if you're excited by the name. The valuation is at nosebleed levels. You can buy a tranche and closely watch the lock-up sales. His concern is where the funds to buy all these shares will come from, for both SpaceX and Anthropic. If the funds come out of cash, that's good for the market, but if it means selling other shares, that's not good. He expects it to come from net cash. Would you pay taxable gains to sell NVDA in order to buy SpaceX? A risk is a deluge of insider selling. Overall, he will avoid SPCX. 

Will be closely tied to the copper price. Copper is key to data centres and there's a shortage, so that's a long-term tailwind.

They have partnerships with OpenAI and Anthropic, so they are plugged into AI. The recent fluctuations are tied to index ETFs and not tied to fundamentals. MSFT will continue to do very well; strong balance sheet and earnings. Buy any dip.

Insider buying is a strong signal. Likes the set-up here. The strong data centre build is very net positive for commercial real estate for years to come.

The Canadian banks are very exposed to the housing market. However, if the front end of interest rates come down while the long end stays high, that's a net tailwind for banks. Lifecos are slightly better bet, based on valuations.

Credit cards are a fantastic business. Any fear over disruption is massively overblown. These companies are massively capitalized and investing heavily in technology. Any dip is a great buy.

The younger generation is much more aware of the ingredients in their good than past generations. This is not good for GIS, long term. Doesn't see revenue growth.

Separate gold (and the gold price) from the gold miners which face incredible operating risk (accidents, debt). Many investors buy gold stocks to be long gold itself, but you're better off buying a diverse basket of gold stocks with the core being gold itself.

It has been the cheapest US bank for 30 years, but they perpetually have management issues. JPM and MS are preferred.