Don't Panic! Here's Why I'm Buying the Tech Bloodbath

Don't Panic! Here's Why I'm Buying the Tech Bloodbath

Opinions

TGT (stock, NYSE)

The stock has been underperforming compared to competitors like Walmart and Costco.

CRDO (stock, NASDAQ)

Speaker expects the company to report a good quarter and guidance due to its importance in the AI buildout cycle.

CRWD (stock, NASDAQ)

Speaker expects Crowd Strike to report another good quarter, despite the broader software sector getting hit.

WIX (stock, NASDAQ)

The speaker suggests Wix could be a winner in the AI space but needs to show it in their results.

AVGO (stock, NASDAQ)

Based on deals from big tech companies, the speaker is expecting Broadcom to 'crush it yet again'.

MRVL (stock, NASDAQ)

Considered a 'pretty big player' in the AI ecosystem, though not as large as Broadcom.

COST (stock, NASDAQ)

The speaker believes the stock is overvalued, stating it's 'probably not' worth paying 50 times earnings.

Topics

Market Rotation from Big Tech and Software

Upcoming Earnings Season Preview

Consumer Spending Indicators

AI Sector Growth and Key Players

Cybersecurity Sector Performance

Investment Strategy During Market Downturns