Bill Baruch, Founder, Blue Line Capital

They do electronic design automation for all the chips, including Nvidia's. They report in two weeks. Is up 50% since breaking out in June.

Will benefit from governemtn infrastructure spending. Likes it.

Agriculture prices are much lower than last year, so farmers are no longer spending a lot of money in capex. But Deere is also in construction.

It could hit $200. He's been very negative the consumer, but next year he expects retail stocks to do much better. He wants to add more Target.

Shares are popping after reporting a beat, and he likes the momentum after this report. They faced tough comps. Shares haven't done much this year until this move. He's been very negative the consumer, but next year he expects retail stocks to do much better.

He sold crm 12 months ago in tax-loss selling. Early this year, share were up, but hasn't done much since. Agrees with today's upgrade, based on growth at a reasonable price, and glad to see the CEO return. The Slack buy didn't do well, but things look more promising. Doesn't regret selling it.

He's overweight oil, 15% of his portfolio. December is a major month for oil future. He expects crude to trade fairly well, then chop around. JPMorgan expects more production constraints from OPEC+ who meet soon. China expects China to ramp up oil in Q1.

He just bought it after watching it for a while. He also owns Micron which is making new highs today. WDC termindated a merger earlier this year, but they spun off Sandisk which has done well. Also, WDC had been and will restructure their debt. Good. With rates coming down, this sets up WDC to perform well in the future.

It's moved up nearly $100 since Oct. 31. It held $400 and has terrific momentum, but the risk is to the upside. They remain the heavyweight champions of AI GPUs. 

A high-quality SAAS company. Also, likes their business in AI. He has sold a lot of tech to raise his cash level to 10%. However, he has added to a few names including Adobe.

$100 oil is possible, because the Saudis have cut supply and China will wake up and demand more oil. Also, US demand in driving season was good. Don't chase crude oil at these levels beacuse there will  be volatility. Marathon is America's bigget oil refiner, and there's a lack of refineries, but still demand. He's bullish.

He just trimmed Pioneer, which topped out on Sept. 5, its ex-dividend date, but didn't like how it reversed after that. He still owns some Pioneer shares.

He has sold a lot of tech to raise his cash to 10%. However, he has added to a few names: Amazon, Apple and Adobe in this current market weakness to put cash to work. He likes Adobe for its AI.  Yes, Amazon is one of the more expensive names out there, but today they announced they will invest in Ai to rival ChatGPT, along overdue move to get more into AI, a step in the right direction. Likes this move. 

You can't pick a bottom, but we had a great first-half 2023 that will carry forward into Q4. He's bullish heading into Q4 and expects yields to decline and this could end Q3 positively.

He bought it this week. CAT covers industrials from mining to energy and rails.They delivered one of the best quarterly earnings, then broke to new highs. This plays into the rotation theme in which he favours industrials, healthcare and energy in the second half of this year, though not tech.