50% off Premium Yearly

NASDAQ:MSFT
MSFT vs. AMZN Prefers this one to Amazon. Can justify the valuation at these levels. Wait for a pullback of 5-10% to buy. Very strong balance sheet and net cash position. Transitioning to subscription model. Cloud business is growing well. For 1-2 year horizon, will continue to do well.
MSFT vs. QCOM His concern is that a lot of the passive money is driving the price of MSFT. Not cheap, almost 30x forward earnings for an 11-12% growth rate. If you own it, keep it. Or if you have too much, pare back. Qualcomm has done well, starting to outperform with the rest of the semis. Qualcomm trades at 21x with 12% growth rate. If you trim MSFT, you could buy some QCOM. Gets you away from everyone owning the large cap names through ETFs.
A great company in many respects. They reinvented themselves and deserve huge credit. Their cloud operation is highly competitive behind Amazon's AWS. Their gaming business is strong. They've turned their software business into a prosperous subscription model.
Take profits and buy Cisco? He has in the past, so it's not a bad idea to pare it down a bit. He also owns Cisco and sees nothing wrong with this strategy.