FLNC - Big Oil Energy Transition And Key Forces Driving Tech Stocks In 2024

2024-01-26 11:00:00 ET

Summary

• Mark Mahaney, senior managing director at Evercore ISI, believes bullish trends in digital advertising, cloud computing, and subscription entertainment pricing will help drive tech sector growth in 2024.
• James West, senior managing director at Evercore ISI, sees higher energy demand, greater electricity consumption, and clean energy developments boosting his favorite sector names.
• Both analysts weigh in on the impact lower interest rates, geopolitical tensions, and the November election will have on their sectors (tech, energy).

By Mike Larson, Editor-in-Chief, MoneyShow

Transcript

Larson: Hello and welcome to our latest MoneyShow MoneyMasters podcast segment. I'm Mike Larson, editor in chief at MoneyShow, and today I have a very special episode planned. Two of Evercore ISI’s top experts are joining me to talk about the markets. Mark Mahaney is senior managing director and head of Internet Research. He’s here to talk tech. And James West is senior managing director and partner, and he's going to share his thoughts on energy. Welcome to the podcast, gentlemen.

Mahaney: Hi Mike.

West: Thanks, Mike.

Larson: Glad to be here. Mark, I feel like I have to start with you for two reasons. One is that you've spoken at a couple of our MoneyShow events over the last year, and you've really been spot on with your bullish outlook for some key tech sector leaders. So, congrats on that. And second, early in this year, the Magnificent Seven names look to be leading the market again....

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