Latest news with #DennisUnkovic
CNBC
04-06-2025
- Business
- CNBC
U.S.-China relationship won't get appreciably better in the short-term, says Dennis Unkovic
Dennis Unkovic, Meyer Unkovic and Scott, joins 'Power Lunch' to discuss why the trade war with China won't be ending anytime soon.
Yahoo
30-01-2025
- Business
- Yahoo
Is Amazon.com (AMZN) the Ultimate Long-Term Tech Winner?
We recently published a list of . In this article, we are going to take a look at where Inc. (NASDAQ:AMZN) stands against other AI stocks analysts are focusing on these days. Dennis Unkovic, a partner at Meyer, Unkovic & Scott, said in a latest program on CNBC that DeepSeek is the result of President Xi Jinping's policy of prioritizing AI and tech research over the past few years. The analyst believes DeepSeek is the response of China to American tariffs. 'Today, if you take technology, maybe two-thirds of it is Western and one-third of it is Chinese. It's clear to me that what the Chinese want to do is move the needle so they're at least 50/50. What this means…. in the future, is you're going to have a country that's going to have to say, what kind of technology do I want to adopt? Is it technology from the West, or is it technology from China? So I think this is a strong opening salvo of the Chinese to the U.S., saying, if you want to put tariffs on me, this is the way we're going to go.' READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In For this article, we picked 10 AI stocks that are trending amid the DeepSeek-triggered selloff that rocked the markets. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). Ttatty / Niles, Niles Investment Management founder & portfolio manager, recently said on CNBC that (NASDAQ:AMZN) is a long-term winner in the tech industry. Vulcan Value Partners stated the following regarding Inc. (NASDAQ:AMZN) in its Q4 2024 investor letter: 'There were five material contributors to performance: Inc. (NASDAQ:AMZN), Salesforce Inc., Live Nation Entertainment Inc., Carlyle Group Inc., and Alphabet Inc. is a dominant, world class company with powerful secular tailwinds in place including its e-commerce penetration, digital advertising growth, and the cloud transition. Amazon reported strong results during the quarter. The market is beginning to reward the company for its untapped margin opportunity in the core retail business as its consolidated operating margins expanded.' Overall, AMZN ranks 1st on our list of AI stocks analysts are focusing on these days. While we acknowledge the potential of AMZN, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
29-01-2025
- Business
- Yahoo
Why Do Cathie Wood and Nancy Pelosi Love This Small AI Stock?
We recently published a list of . In this article, we are going to take a look at where Tempus AI, Inc (NASDAQ:TEM) stands against other AI stocks analysts are focusing on these days. Dennis Unkovic, a partner at Meyer, Unkovic & Scott, said in a latest program on CNBC that DeepSeek is the result of President Xi Jinping's policy of prioritizing AI and tech research over the past few years. The analyst believes DeepSeek is the response of China to American tariffs. 'Today, if you take technology, maybe two-thirds of it is Western and one-third of it is Chinese. It's clear to me that what the Chinese want to do is move the needle so they're at least 50/50. What this means…. in the future, is you're going to have a country that's going to have to say, what kind of technology do I want to adopt? Is it technology from the West, or is it technology from China? So I think this is a strong opening salvo of the Chinese to the U.S., saying, if you want to put tariffs on me, this is the way we're going to go.' READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In For this article, we picked 10 AI stocks that are trending amid the DeepSeek-triggered selloff that rocked the markets. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). Copyright: nexusplexus / 123RF Stock PhotoCathie Wood is piling into little-known AI stock Tempus AI, Inc. (NASDAQ:TEM), amassing about 600,000 shares across multiple funds since early 2025. Tempus AI, Inc. (NASDAQ:TEM) now accounts for 3.2% of ARKK's assets, with a market value topping $265 million. Tempus AI, Inc. (NASDAQ:TEM) uses AI for precision medicine and diagnostics. The company works with 2,500 institutions to gather real-time clinical data from millions of cancer patients. Its products are broadly divided into three segments: Genomics, Data, and Applications. The Genomics segment focuses on conducting diagnostic tests to match therapies and compare treatments for similar patients, with billing handled directly through insurance or payers. Tempus AI, Inc. (NASDAQ:TEM) has a significant revenue base. Recently, Tempus AI acquired Ambry Genetics, which specializes in hereditary cancer testing, allowing the company to expand into new areas such as rare disorders, pediatrics, and cardiology. Tempus AI, Inc. (NASDAQ:TEM) recently provided preliminary guidance for fourth-quarter revenues of approximately $200 million, bringing total revenues for the year to around $693 million. While consensus estimates had projected slightly over $206 million for the quarter to meet the original $700 million target for 2024, revenues still rose 30% year over year for the quarter. Baron Discovery Fund stated the following regarding Tempus AI, Inc. (NASDAQ:TEM) in its Q3 2024 investor letter: 'Shares of Tempus AI, Inc. (NASDAQ:TEM) contributed to performance. Tempus is a cancer diagnostics company that provides genomic testing results. Tempus has also amassed an over 200 petabyte proprietary multimodal dataset that combines clinical patient data with genomic testing data. In addition to using this data to empower more intelligent diagnostics for its own tests, Tempus also licenses this data to biopharmaceutical companies which use it to design smarter clinical trials and identify potential new drug targets. We think this proprietary dataset is unique with meaningful barriers to entry, and brings meaningful value to biopharmaceutical R&D. As we mentioned in the letter from last quarter, shares have been incredibly volatile. We took advantage of this volatility to buy a meaningful position when shares sold off into the low $20's per share from an IPO price of $37. When shares spiked into the mid-$70's (likely due to short sellers covering losses as shares rose), we took profits on a meaningful portion of the investment as we believed valuation had become stretched (shares now trade in the high $40's to low $50's level). We like our position sizing now, and would add to the position at lower valuations. We believe that Tempus has significant growth ahead of it and we are excited about its unique business model.' Overall, TEM ranks 10th on our list of AI stocks analysts are focusing on these days. While we acknowledge the potential of TEM, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TEM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
29-01-2025
- Business
- Yahoo
Dan Niles Says Meta Platforms (META) is Using AI ‘The Best'
We recently published a list of . In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against other AI stocks analysts are focusing on these days. Dennis Unkovic, a partner at Meyer, Unkovic & Scott, said in a latest program on CNBC that DeepSeek is the result of President Xi Jinping's policy of prioritizing AI and tech research over the past few years. The analyst believes DeepSeek is the response of China to American tariffs. 'Today, if you take technology, maybe two-thirds of it is Western and one-third of it is Chinese. It's clear to me that what the Chinese want to do is move the needle so they're at least 50/50. What this means…. in the future, is you're going to have a country that's going to have to say, what kind of technology do I want to adopt? Is it technology from the West, or is it technology from China? So I think this is a strong opening salvo of the Chinese to the U.S., saying, if you want to put tariffs on me, this is the way we're going to go.' READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In For this article, we picked 10 AI stocks that are trending amid the DeepSeek-triggered selloff that rocked the markets. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). Photo by Timothy Hales Bennett on UnsplashDan Niles, Niles Investment Management founder & portfolio manager, gave his bullish views on Meta Platforms, Inc. (NASDAQ:META) in a recent program on CNBC. 'If you're going to want to trade around it from a longer-term perspective, you know Meta Platforms (NASDAQ:META) is using AI the best, and you're seeing that in the performance this year where it's up 11%. And you had numbers go up all last year despite them taking up capex all last year.' Niles said that Meta Platforms (NASDAQ:META) is a 'long-term winner' among the major tech companies. Meta Platforms (NASDAQ:META) is driving usage and ads revenue by improving its algorithms and user experience thanks to AI. Meta also reported strong adoption of its Llama AI model, attracting over 500 million monthly active users across its platforms. This progress positions Meta well for robust profitability in the next two years as it scales its AI infrastructure. Meta Platforms (NASDAQ:META)'s advancements in Reels and WhatsApp are helping manage CapEx growth as the company strives to stay competitive in AI. Meta Platforms (NASDAQ:META)'s clear monetization strategy for its generative AI, especially with Llama3, makes it a strong contender against rivals like OpenAI's ChatGPT. Meta Platforms (NASDAQ:META)'s substantial user base of 3.3 billion provides a data and distribution edge that could capture a significant share of the GenAI market. Although short-term investors may be concerned about Meta Platforms (NASDAQ:META)'s increased AI spending, its forward P/E ratio of 24x, based on FY 2025 EPS estimates of $24.62, makes it the second-most affordable big tech stock, after Google, within its peer group (Apple, Amazon, Microsoft, and Google). Rowan Street Capital stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q4 2024 investor letter: 'Meta Platforms, Inc. (NASDAQ:META): Investment Initiated: April 2018: Internal Rate of Return (IRR*): 22% *IRR represents the annualized rate of return on an investment, accounting for the timing and magnitude of cash flows over the holding period. Overall, META ranks 3rd on our list of AI stocks analysts are focusing on these days. While we acknowledge the potential of META, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than META but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
29-01-2025
- Business
- Yahoo
Marvell (MRVL) and Amazon (AMZN): A Winning AI Partnership?
We recently published a list of . In this article, we are going to take a look at where Marvell Technology, Inc. (NASDAQ:MRVL) stands against other AI stocks analysts are focusing on these days. Dennis Unkovic, a partner at Meyer, Unkovic & Scott, said in a latest program on CNBC that DeepSeek is the result of President Xi Jinping's policy of prioritizing AI and tech research over the past few years. The analyst believes DeepSeek is the response of China to American tariffs. 'Today, if you take technology, maybe two-thirds of it is Western and one-third of it is Chinese. It's clear to me that what the Chinese want to do is move the needle so they're at least 50/50. What this means…. in the future, is you're going to have a country that's going to have to say, what kind of technology do I want to adopt? Is it technology from the West, or is it technology from China? So I think this is a strong opening salvo of the Chinese to the U.S., saying, if you want to put tariffs on me, this is the way we're going to go.' READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In For this article, we picked 10 AI stocks that are trending amid the DeepSeek-triggered selloff that rocked the markets. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). Copyright: ralwel / 123RF Stock PhotoBarclays analysts led by Tom O'Malley said in a latest note that Marvell Technology, Inc. (NASDAQ:MRVL) is one of the top semiconductor stocks in 2025. They increased their price target on MRVL to $150 from $115. 'Custom silicon is just starting to become more significant and should grow at a faster compounded rate over the next 3-years (55%). We think the AI TAM is big enough to support both through 2026,' they said in a note. Marvell Technology, Inc. (NASDAQ:MRVL) is rapidly positioning itself as an AI-first company, with its custom silicon business accounting for 73% of Q3 revenues, up from 39% during the same period last year. Marvell has a five-year agreement with Amazon (AMZN) AWS, helping Amazon design its Trainium and Inferentia ASICs, and providing a range of optical interconnect products. Marvell Technology (NASDAQ:MRVL) is now focusing on the AI opportunity, as evidenced by the recent restructuring charges, and is progressing through the design phase of its 2nm platform. Overall, MRVL ranks 9th on our list of AI stocks analysts are focusing on these days. While we acknowledge the potential of MRVL, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MRVL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey.
