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ORCL Soar and the Next Major A.I. Wave
Manage episode 505861626 series 3645668
Matt Tuttle swings by Morning Movers to look at this week's tremendous move higher for Oracle (ORCL). Matt says you don't get a ton of alpha by owning Nvidia (NVDA) here and he thinks Oracle is over-extended currently, but longer-term says both are still "must-owns." He loves the chart for Supermicro (SMCI) and says investors need to assess all of the various groups within the A.I. trade to fully position for the next major wave. At some point, Matt adds, A.I. will have a "where's the beef?" moment. Elsewhere in the tech sector, he's more interested in Micron (MU) over AMD Inc. (AMD) and says bitcoin-miner data centers are on his radar.
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7316 episodes
Manage episode 505861626 series 3645668
Matt Tuttle swings by Morning Movers to look at this week's tremendous move higher for Oracle (ORCL). Matt says you don't get a ton of alpha by owning Nvidia (NVDA) here and he thinks Oracle is over-extended currently, but longer-term says both are still "must-owns." He loves the chart for Supermicro (SMCI) and says investors need to assess all of the various groups within the A.I. trade to fully position for the next major wave. At some point, Matt adds, A.I. will have a "where's the beef?" moment. Elsewhere in the tech sector, he's more interested in Micron (MU) over AMD Inc. (AMD) and says bitcoin-miner data centers are on his radar.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
7316 episodes
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