PLTR - Tech Bulls Talk AI Nvidia Cloud Computing And A 'Year For The Record Books'
2024-03-05 09:30:00 ET
Summary
- MoneyShow's Mike Larson speaks with Dan Ives from Wedbush Securities and Keith Fitz-Gerald from Fitz-Gerald Group.
- Dan and Keith were early and accurate about a big bull run in Big Tech - and they still don’t think it’s over.
- Both believe trends like increasing AI adoption, growth in cloud computing, a greater need for accurate data analysis, and more will fuel further gains.
- Some of their favorite stocks include Nvidia, Microsoft, AMD, Palantir, and Apple.
By Mike Larson, Editor-in-Chief, MoneyShow
Transcript
Larson: Last week, thousands of investors and traders descended on Las Vegas for the first MoneyShow/TradersEXPO of 2024.
One panel featured three speakers with their finger on the pulse of technology and AI. They discussed how these are driving the market.
(Excerpt below)
Larson: So, I guess if we take things from a public company perspective... I'm sure I know what you're going to say ahead of time, but I got to ask the question anyway... that means that these “Mag Seven” concerns, “It's X percent of the S&P, X percent of S&P gains are coming from it,” that doesn't probably matter, right?...
Tech Bulls Talk AI, Nvidia, Cloud Computing, And A 'Year For The Record Books'