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NASDAQ:MSFT
Too early to tell if the AI search engine will be accretive. But shares have risen above the 200-day moving average, but is expensive at 9x forward sales (tech is 5.5x). MSFT is one of the few tech stocks he owns. A leader in cloud. Careful adding to this and tech as a whole.
Alphabet was a recent trade, and he just sold it, because this week's Microsoft Bing AI announcement was a game-changer. Because Google owns 97% of internet search and online ads, you don't need to move the needle much on Microsoft to make it a more competitive pricing environment. He was never a big fan of Google anyway and he got it luckily before it hit bottom. He prefers MSFT.
Public perception is that the internet revolution passed it by, which is not the case. Has a huge cloud business, growing at exponential rates, which alone will continue to drive earnings. Penetration in the cloud is only at 20%. Possibility that it could be back front and centre of people connecting, and returns for the next 5-20 years could be significant.