Harvest Portfolio Management
Paul Meeks, 3/7/24
Bullish on AMZN
CTSH
DIS
“Super Micro makes customized servers that are used by AI customers, so it uses Nvidia’s chips in their servers and ... Super Micro sells their servers to folks like Microsoft, and then they put them in a data center. And so Super Micro has done a pretty good job of transitioning its focus to AI customers.”
Chief Markets Strategist at Morningstar
David Sekera, 2/8/24
on AAPL
AMZN
APA
“The Magnificent Seven stocks generally are starting to run out of steam at this point because their valuations are getting pretty full at this point of time.”
“we are looking for the market to spread out, away from the Magnificent Seven.”
“With the rate of economic growth slowing, but not necessarily going into a recession, and interest rates coming down slowly over the course of the year, I think that sets the year up pretty well for value stocks. And I think those same attributes will help the small-cap category as well.”
“We’re actually now starting to see values in the energy sector that we haven’t seen for quite some time.”
“Right now, utilities are trading at about a 9% discount to fair value at a sector level.”