Exit at your peril here, investing expert warns

Hinzugefügt: 2026-06-05

[00:00:00]bring in a laugher tangler. Their CEO, CIO, Nancy Tangler. Nancy, you know, the company kept the same guidance for the AI semis. The Wall Street's lost its mind over this thing, but to put everything in proper perspective, it's had one heck of a run. Is today's pullback justified?

[00:00:16]>> Yeah, I I mean, you know, this morning we were back to levels 2 weeks ago, Charles, and now the stock has come back some. And so, we're you know, we're a little better than that. I think Hot Tan did a good job on the call of addressing the Google issue uh directly. He said, you know, contracts um will will cover multi-generations of TPUs. So, they are in a position of high visibility. He also said, we're not going to uh continue to guide you every quarter to 2027, but let me say we're very optimistic about growth in 27 and especially in 28. So, for Wall Street, uh that's not next week, and so you you're I think you're seeing traders using the name as a source of >> funds.

[00:01:00]>> Right. I I would exit I would just advise you're exiting at your peril, cuz this is a compounder that is run by an extraordinary management team, and they're the leader in networking, and that gets overlooked, cuz networking is becoming more and more important um in the connectivity of data centers.

[00:01:17]>> Let's talk about another name that you've uh made a ton of money on that take that's under some pressure today, CrowdStrike. Uh I mean, I I had one table that's every single category of 12 categories, they beat beat beat beat beat beat beat. So, today's sell-off, is it just a reflection that again there have been so many gains? I mean, the the the stock has just recently went parabolic anyway, and maybe to your point, some traders are looking for an excuse to ring the register.

[00:01:44]>> I I think that's part of it, um but don't don't underestimate how fast these names can come back. Um >> [laughter] >> mythos, I think, you know, is is created a new vulnerability on AI, and the solution for that is CrowdStrike. So, uh cybersecurity is now, according to the CEO, a foundational AI infrastructure.

[00:02:05]And they are the leader in in many aspects of that. So, I think you will start to see them also releasing new AI-related products. They are are focused on the agent the agentic portion. I I think this is a name you add to here despite the valuation cuz the growth is phenomenal.

[00:02:24]>> to your point, I mean, you know, we were right here near 350. We ran up to almost 800 in the blink of an eye. And to your point, you know, it's interesting because the CEO said this is a mythos moment. They are embracing it. They're going to make money from it. It won't destroy them. It's going to make the company bigger.

[00:02:40]I want to talk about the next trillion-dollar company. I'm asking all our guests. You say it could possibly be Lam Research.

[00:02:48]>> Yeah. Well, they delivered a triple play. They are describing their visibility as improving and solid. So, and then remember their relationships with the fabs are our focus. It's not just high cost that keeps them in place, but co-development. And so, I think I mean, it's a bit of a stretch. The company's at about half a billion, but I think they could continue to grow at very robust rates. And we talked about it last fall. The stock's up materially from there. So, I think it can continue because they're a leader. They delivered the triple play.

[00:03:22]Valuation is not crazy and you've got a solid management.

[00:03:25]>> Nancy, we we you and I have had had conversations a year ago about a lot of stocks that you you named that went up well more than 100%. So, we may have this conversation I may be applauding you a year from now.

[00:03:36]So, what what about the what's happening with all of these offerings?

[00:03:41]You know, I just had this conversation with Brian Belsky. Are you concerned about liquidity? Are you concerned about this euphoric maybe atmosphere? Is anything out there bothering you right now with this market?

[00:03:52]>> No, I still think and by the way, my great friend Brian Belski. So I love having seeing you have him on.

[00:03:59]Yeah, no, I I think where we are in this cycle is we're early in the IPO market.

[00:04:04]There's a lot of hype around these names led by Elon in SpaceX, but also, you know, we own some shares in in Quantinuum.

[00:04:12]Some people are calling it Quantinium. I I don't know how to pronounce it, but these are going to be the the companies that change the way we live in the future.

[00:04:21]And I and there's still a healthy dose of skepticism, cash on the sidelines, earnings growth. This is unlike the '90s in that earnings growth is moving faster than the markets are going up or it's growing faster. So I'm not I'm not worried yet. I I think we could use a a little correction to let some steam out, but other than that, I think we're in the as you described in the open, I think we're in a robust bull market, a secular bull market, and a correction is an opportunity.

[00:04:48]>> If we get it, I mean, we had one this morning and the Nasdaq is up. I mean, you know, waiting for that pullback and that correction is is tough. Sometimes you just got to get out there and own what you want to own. Nancy, you've been phenomenal. Yeah. Thank you so much, my friend. Talk to you again soon.

[00:05:04]>> Thanks, Charles.