Latest news with #DougClinton
Yahoo
5 days ago
- Business
- Yahoo
Broadcom (AVGO) Bull Says Semiconductor Stocks Will ‘Keep Seeing Immediate' AI Spending
Doug Clinton, Deepwater Asset Management co-founder and managing partner, said in a latest program on CNBC that the demand for AI services and applications is rising. Asked who the key beneficiaries of this trend are, the analyst said semiconductor companies continue to see the immediate positive impact of AI spending: 'The semis are going to keep seeing this more immediate spend.' According to CNBC, Broadcom Inc. (NASDAQ:AVGO) is one of Deepwater's top holdings. What's Broadcom's moat and how can the stock gain an upward momentum? It makes ASIC, chips designed for specific applications and tasks. As major companies look for custom chips to break Nvidia monopoly and lower costs, Broadcom is positioned well to thrive. Many top AI spenders are teaming up with Broadcom to develop these chips, which are expected to be high-margin, high-volume products, potentially driving substantial growth in both revenue and profits. Photo by Dimitris Chapsoulas on Unsplash Sands Capital Select Growth Strategy stated the following regarding Broadcom Inc. (NASDAQ:AVGO) in its Q1 2025 investor letter: 'Broadcom Inc. (NASDAQ:AVGO) is a key enabler of systems scalability and compute growth via ethernet networking and custom accelerators. We believe Broadcom will benefit from advancements in AI models in conjunction with increases in computing power, also known as scaling laws. Broadcom supports advances in computing power by providing high bandwidth, low-latency networking solutions. Its solutions help relieve bottlenecks in scaling computing power as an increasing number of semiconductor chips work in parallel for AI training and inference. We expect Broadcom's ethernet switches used for networking to be the primary driver of incremental growth as it benefits from both share increases and demand for larger server clusters that will require better networking solutions. Complementing its networking business, Broadcom is the largest provider of custom chip design services by revenue. These services enable businesses to take greater control of their technology stack, reduce reliance on third-party suppliers, and optimize costs and energy efficiency.'
Yahoo
5 days ago
- Business
- Yahoo
Broadcom (AVGO) Bull Says Semiconductor Stocks Will ‘Keep Seeing Immediate' AI Spending
Doug Clinton, Deepwater Asset Management co-founder and managing partner, said in a latest program on CNBC that the demand for AI services and applications is rising. Asked who the key beneficiaries of this trend are, the analyst said semiconductor companies continue to see the immediate positive impact of AI spending: 'The semis are going to keep seeing this more immediate spend.' According to CNBC, Broadcom Inc. (NASDAQ:AVGO) is one of Deepwater's top holdings. What's Broadcom's moat and how can the stock gain an upward momentum? It makes ASIC, chips designed for specific applications and tasks. As major companies look for custom chips to break Nvidia monopoly and lower costs, Broadcom is positioned well to thrive. Many top AI spenders are teaming up with Broadcom to develop these chips, which are expected to be high-margin, high-volume products, potentially driving substantial growth in both revenue and profits. Photo by Dimitris Chapsoulas on Unsplash Sands Capital Select Growth Strategy stated the following regarding Broadcom Inc. (NASDAQ:AVGO) in its Q1 2025 investor letter: 'Broadcom Inc. (NASDAQ:AVGO) is a key enabler of systems scalability and compute growth via ethernet networking and custom accelerators. We believe Broadcom will benefit from advancements in AI models in conjunction with increases in computing power, also known as scaling laws. Broadcom supports advances in computing power by providing high bandwidth, low-latency networking solutions. Its solutions help relieve bottlenecks in scaling computing power as an increasing number of semiconductor chips work in parallel for AI training and inference. We expect Broadcom's ethernet switches used for networking to be the primary driver of incremental growth as it benefits from both share increases and demand for larger server clusters that will require better networking solutions. Complementing its networking business, Broadcom is the largest provider of custom chip design services by revenue. These services enable businesses to take greater control of their technology stack, reduce reliance on third-party suppliers, and optimize costs and energy efficiency.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
24-04-2025
- Business
- Globe and Mail
Nvidia Stock Is Staring Down a New $1 Trillion Opportunity. How Should You Play NVDA Here?
Nvidia (NVDA) shares are inching up on Thursday, April 24 after the artificial intelligence behemoth rolled out a new software platform dubbed 'NeMo' that helps enterprises build custom AI agents. With the launch of NeMo microservices, the chipmaker wants to strengthen its footprint in autonomous AI agents, which the Wall Street Journal expects will replace enterprise software over time. Despite today's surge, Nvidia stock is down some 30% versus its year-to-date high. NeMo Is a Massive Opportunity for Nvidia Stock NeMo microservices could prove a meaningful tailwind for NVDA this year as 'autonomous AI agents' is an estimated $1 trillion market opportunity. Plus, being a software platform, it doesn't run the risk of coming in the crosshairs of tariffs or the rising trade tensions between the U.S. and China. In contrast, Nvidia's chips business stands to lose about $5.5 billion in the wake of escalating trade tensions between two of the world's largest economies in Q1. Still, Piper Sandler reiterated its 'Overweight' rating on Nvidia shares on Thursday. The firm's $150 price target indicates potential upside of about 45% from current levels. NVDA Remains a Top AI Pick for 2025 Despite emerging challenges, experts continue to believe in NVDA's long-term potential. Doug Clinton, the founder and chief executive of Intelligent Alpha, for example, dubbed Nvidia stock a 'top pick' for AI exposure in his recent interview with CNBC. Clinton believes U.S. hyperscalers will continue to spend on the company's AI chips even if the economy slides into a recession in 2025. The AI stock remains attractive also because it's going for 24 times forward earnings at the time of writing - well below its average forward price-earnings multiple over the past five years, he added. Consensus Rating on NVDA Shares Is Still a 'Strong Buy' Note that other Wall Street analysts remain largely bullish on NVDA as well. The consensus rating on Nvidia stock currently sits at 'Strong Buy' with the mean target of about $168 indicating potential upside of 60% from here.
Yahoo
09-04-2025
- Business
- Yahoo
Is GDS Holdings Limited (GDS) the Best Performing Growth Stock in 2025?
We recently published a list of In this article, we are going to take a look at where GDS Holdings Limited (NASDAQ:GDS) stands against other best performing growth stocks in 2025. Heavy AI investments and the tariffs uncertainty have been putting pressure on the technology and growth sector. While some analysts are giving caution to stay away from growth and tech stocks Doug Clinton, Intelligent Alpha founder and CEO remains bullish on tech and growth stocks. He joined CNBC on February 12 for an interview. He noted that moving past the DeepSeek incident the sector has stabilized and he remains bullish on the tech sector. Some of the positive news for the sector as highlighted by Clinton includes hyper-scalers showing earnings growth, moreover, CEOs from the AI industry have indicated that the capital expenditure boom will continue. READ ALSO: and . Clinton further explained that there are levels within the hyperscalers as well in terms of how levered they are to the artificial industry. Companies that have leveraged themselves using artificial intelligence have been experiencing significant growth through developing open-source AI models and by using these technologies to improve their businesses. While answering if tech companies are immune to tariffs, Clinton noted that investors don't need to have 'fire alarms' when it comes to technology companies, mainly hyper-scalers, as these companies are less likely to be overly impacted by the tariffs. This is because these companies are not subject to the import and export issue, which is the main concern regarding tariffs. Clinton explained that he is more interested in the story of technology and growth stocks. Moreover, he is also interested in the developments these tech companies are making with regard to developing their AI products and how the customers are adopting these technologies. Moreover, while catering to the question regarding the likelihood of a trade war with Canada, Mexico, and China, Clinton noted that a trade war is highly unlikely as the current scenario points more toward negotiations. Clinton thinks that the Trump administration is acting as tough negotiators to get some action and the policies will ease down without a trade war. While talking about the next big theme within the technology sector, Clinton thinks that silicon chips are going to remain a prominent theme for 2025, as it is being used to deliver AI products to customers. Moreover, he also mentioned that an emerging sub-theme is the use of custom silicon, which are optimized chips tailored for specific tasks, offering optimized performance and energy efficiency compared to general-purpose processors. To curate the list of 10 best-performing growth stocks in 2025 we used the Finviz stock screener. Using the screener we aggregated a list of growth stocks that have risen more than 30% on a year-to-date basis, sorted by market cap. Next, we ranked these stocks based on the number of hedge fund holders sourced from Insider Monkey's Q4 2024 database. Please note that the data was recorded on March 11, 2025. 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 373.4% since May 2014, beating its benchmark by 218 percentage points (). A top level executive looking out of a skyscraper window, symbolizing the strategic decisions taken by the company. GDS Holdings Limited (NASDAQ:GDS) develops and operates high-performance data centers in China, offering colocation, managed hosting, and managed cloud services. The company is carrier and cloud-neutral, allowing customers access to major telecommunications networks and public clouds within China. Its services include colocation services, managed services, and data center services. On February 21, Raymond James analyst Frank Louthan raised the price target on the stock from $25 to $53, while maintaining a Buy rating. The analyst believes that the company's future growth should be more stable with less associated risks. Baron Real Estate Fund in its Q4 2024 investor letter announced acquired additional shares in GDS Holdings Limited (NASDAQ:GDS). The fund believes that the shares are attractively valued and offer compelling long-term growth prospects. Moreover, the fund anticipates that the company will be able to secure additional high-demand power capacity in Southeast Asia and other international markets, which will extend the company's growth profile. It is one of the best-performing growth stocks in 2025. Baron Real Estate Fund stated the following regarding GDS Holdings Limited (NASDAQ:GDS) in its Q4 2024 investor letter: 'In the most recent quarter, we acquired additional shares in data center operator GDS Holdings Limited (NASDAQ:GDS). We believe the shares are attractively valued and offer compelling long-term growth prospects. Please see 'Top contributors to performance for the quarter ended December 31, 2024' for more on GDS. Overall, GDS ranks 5th on our list of best performing growth stocks in 2025. While we acknowledge the potential of GDS as an investment, our conviction lies in the belief that 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 GDS but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
02-04-2025
- Automotive
- Yahoo
Is Uber Technologies, Inc. (NYSE:UBER) The Best Stock to Buy and Hold for 2 Years?
We recently published a list of 10 Best Stocks to Buy and Hold For 2 Years. In this article, we are going to take a look at where Uber Technologies, Inc. (NYSE:UBER) stands against other best stocks to buy and hold for 2 years. On March 27, CNBC reported that the stocks dipped on Wednesday, led by the technology sector. The S&P 500 dipped around 1.12%, followed by the Dow Jones, which fell by 132.71 points. More notably, the technology-dominated NASDAQ dropped by 2.40% closing at 17,899.01 points. The drop in the stock market was further aggravated by the White House's announcement of new tariffs on auto imports. To talk about the future of technology and artificial intelligence Doug Clinton, Intelligent Alpha founder, joined CNBC for an interview on March 29. He mentioned that it has been more than a month now that the big technology names, especially artificial intelligence companies, are not performing so well. However, despite the recent dip, Clinton maintained his bullish sentiment for the sector. He pointed out that if we zoom out of the current situation and look at the sector from two to three years from today, we will still see AI stocks rally and large capital expenditure bills. Clinton pointed out that if you are a believer in AI trade it is important to remember that the market has had more than two years of absolutely no turbulence. This period of stability started from the end of 2022 to the beginning of 2025. Clinton categorized the current dip as the first real challenge for the AI trade. Referencing history, he pointed to the Dot Com era, when the Dot Com trade faced its first real challenge. The turbulence took 200 days to reach a new NASDAQ high back then. He clarified that this does not mean that the current turbulence will last 6 months, however, if someone believes in the AI trade then they need to be patient through the dip. READ ALSO: and . While talking about the valuations, Clinton highlighted that the question is about the kind of risks an investor wants to take during the trade. He noted that investors can choose to trade during the turbulence by exiting the market at high times, however, the risk is that the AI stocks can rise 20% to 30% in no time, making it difficult for investors to get back in. Clinton pointed out that he is looking at this trade from a two to three years lens. He believes that this will give him enough exposure and will also reduce the risk of missing out on the bigger picture. To compile the list of 10 best stocks to buy and hold for 2 years we sifted through financial media reports. From these sources, we shortlisted stocks with more than 20% sales growth over the past 3 years. Next, we ranked these stocks in ascending order of the number of hedge fund holders, sourced from Insider Monkey's Q4 2024 database. 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 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close up view of a hand holding a smartphone, using a ride sharing app. Uber Technologies, Inc. (NYSE:UBER) is an international technology company that provides mobility, delivery, and freight solutions. It operates in more than 70 countries providing millions of rides daily. On March 25, Bank of America Securities analyst Justin Post maintained a Buy rating on the stock. Hardman Johnston Global Equity Strategy in its Q4 2024 investor letter, mentioned that Uber Technologies, Inc. (NYSE:UBER) has a 65% market share in almost all the ride-sharing categories across the countries it operates in. The fund sees the company sustaining healthy top-line growth over the next three years, driven by tailwinds from expansion, product innovations, and its expanding network. Moreover, during the fiscal fourth quarter of 2024, Uber Technologies, Inc. (NYSE:UBER) grew its gross bookings by 18% year-over-year. This resulted in the revenue growing 20% during the same time to reach $12 billion. Management noted that increased demand for its mobility and delivery segments is helping it achieve above-expectations results. It is one of the best stocks to buy and hold for 2 years. Hardman Johnston Global Equity Strategy stated the following regarding Uber Technologies, Inc. (NYSE:UBER) in its Q4 2024 investor letter: 'During the quarter, we initiated three new positions in Lennar Corporation, Bank of America Corp., and Uber Technologies, Inc. (NYSE:UBER). Uber is a leading platform company that facilitates ride-hailing, food delivery, and freight booking services, which each represent large and underpenetrated markets. Uber is active in more than 10,000 cities and approximately 70 countries globally, and Uber is a market leader with more than 65% market share in nearly all ride-sharing regions in which it operates. Uber should continue to benefit from secular tailwinds, product innovation, expansion, and network effects. The cross-selling of the Uber One membership program should drive both loyalty and engagement. International markets represent half the business and continue to be an important growth driver. Overall, we see sustained healthy topline growth for the company over the next three years with some insulation to global economic trends.' Overall, UBER ranks 3rd on our list of best stocks to buy and hold for 2 years. While we acknowledge the potential of UBER as an investment, our conviction lies in the belief that 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 UBER but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
