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  • 11 months ago
Join Top Tech Analyst Paul Meeks, CFA, CAIA every Tuesday on BenzingaTV on YouTube as he breaks down the latest trends and developments shaping the tech industry. From earnings reports to cutting-edge innovations, Paul dives into the giants of the sector—think Apple, Microsoft, Nvidia, and more. Get expert insights and sharp analysis from a trusted voice in tech investing.

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00:00this i think is very interesting because as i told you before i see an opportunity sometime
00:14in the month of september today is september 2 to pick up some tech darlings that at least
00:21in the near term for probably no fault of their own really based on macroeconomic and geopolitical
00:28factors have come under some pressure so you guys know even though it has started to run i still see
00:36among all my tech stocks on a percentage return basis the greatest upside in app loving
00:43now what i'd like to do is buy it at its 200 day moving average support which is 437 dollars a share
00:52taiwan semi got a little bit of a hit today but i think it's going to bring a buying opportunity
00:58you know of course taiwan semiconductor is embroiled in this continued negotiation between the u.s and
01:05chinese over not only tariffs but export controls particularly on our semiconductor chips
01:11uh sent to the folks abroad from the likes of amd and nvidia so the latest and unfortunately not
01:19greatest for taiwan semi is they're now facing stiff u.s restrictions on the equipment to build
01:27semiconductors that they can ship into mainland china remember this is a company that's on uh the
01:34island of taiwan and it doesn't really matter i think because their latest technology is something
01:40called two nanometer and they have been qualifying equipment to uh start rolling with this new processing
01:48technology and so far they haven't been qualifying chinese machines and so maybe at the end of the day
01:58this does not have that big of an impact on the p and l of taiwan semiconductor but still it's an obstacle
02:06still it's an annoyance but if this continues to whack the stock you know i love taiwan semiconductor i am a
02:14better buyer meta continue to like actually has come in a little bit i would buy some more at 725
02:22which is its 50-day moving average nvidia i told i reported on that last week they had a good quarter
02:29you know they're gonna be under some pressure until we have uh that trump's big beautiful trade agreement
02:36with the chinese or not but i think the stock is clearly worth more than 200 a share long term
02:43and so you know pick your poison i think nvidia is a better buy continues to dip here snowflake i just
02:51mentioned i love it i absolutely love it but the stock is uh showing some pressure like everybody else
02:59these days i would wait to buy it on a pullback to 230 a share i haven't looked at the price in a
03:06couple of minutes or hours might even be there right now i continue like some of my portfolio to be non-us
03:14and i've recommended some time ago acwx which is the international ex-us etf it's done very well this
03:23year finally some of these other regions are getting some comeuppance because they've had their
03:30ass kicked by u.s allocations for a long time quickly on these because nothing has really changed
03:36i'm still a fan of uber cadence design systems robin hood two of the ge spinoffs gev ge verona and ge aerospace
03:46i like very much microsoft and netflix but i have them in the holding pattern because frankly their
03:54charts kind of suck so i'm waiting for them to find a base and then find a base on dried up volume
04:01which again tells me selling has been exhausted good time for a contrarian buyer done well you've done
04:08well you've listened with boeing and te connectivity tel i very much like one and only one tech stock in
04:18china and that is alibaba it started to have a nice run i gave you my thesis on dell do not let september
04:25escape particularly if the stocks continue to drop without picking up some dell and without picking up
04:30some snowflake i always get asked because i've been talking about this company for a year or more
04:36since it was private what to do with core weave now remember my cost basis is much much lower because
04:43i was in it at a private investor but i will tell you even for public investors with the collapse that
04:51is seen particularly if it hits my 90 buy limit i might even buy some more even though i'd be increasing
04:59my cost basis and i would ask you to consider it core weave under 90 dollars despite all the controversy
05:09and i think i'm right on this one long term you'll be fine i wouldn't put a lot of money in it because
05:14the trend is definitely not our friend but i'm okay with a small starter position in core weave under 90.
05:23so i wanted to give you a little bit more color today on that because you know this is really important
05:28stuff and we're trying to make money here so let's finish up with some tech trends
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