00:00 Speaker A
So volatility is your friend. It seems like you would advocate to buy any dips, but since we haven't seen a ton of dips so far, how do you play this space and find the most attractive opportunities when a lot of names are really at these record all-time highs.
00:16 Speaker B
Yeah, so we've been broadening out. We just launched a strategy that uh is a macro cycle opportunity strategy. So think quantum, space, um robotics, AI, the the the the and nuclear, the leading technologies that will take us through this industrial revolution. But remember, these these uh changes, these transformative periods can go on for a long time and historically the market has been concentrated in the names that are driving the technology. So if you own them, you want to hold them. If if you uh get a dip and we and we do. I mean, we were buying Nvidia at $108 a share back in March and April. Uh we bought Tesla at $240 a share. You will get pullbacks and that's when you step in if you don't own them or if you do own them to add to it. They they will not, I mean, think the market doesn't go up straight in a straight line forever. So we will see some some sort of a pullback and that's when you really want to just get in there and add to some of these names.
01:21 Speaker A
So, what are those specific picks uh for for you Nancy outside of some of those mega tech mega cap tech players that you were just referencing?
01:30 Nancy
Yeah, so we have we have a few for you today, Ally. I mean, we we've talked about on your air for a long time, Broadcom is the poor man's Nvidia. Uh we still like it. It's uh one of the largest holdings in our ETF TGLR. Uh same, you know, we'd still own Nvidia, love it. But we one of the names we've held for quite some time and we think has a ways to run is is Lam Research. So, think um global supplier of wafer fab equipment. Um they they are are dependent on memory, which had slowed and and now the cycle is beginning to pick up. uh not not just in um memory but NAND uh in particular. So cycle is beginning and they get they grab about two-thirds of the NAND market. TSMC is one of their largest clients. Stocks up 100% or so this year, 102%, but you're getting paid a a dividend that's uh about yielding about 7.7%, but growing at 15% annualized over the last five years. So you are getting paid to wait for the company to continue to perform. That that's one of the names and chips that I don't hear a lot of people talking about. Uh another name uh in our new strategy is Symbotic. They are a robotics company that has has really developed the back office of Walmart. Now, the downside is Walmart is 85% of their revenues, but the upside is they've been expanding uh their client base and the CEO put in 800 or 700 million of his own money. So one of the important things I think to note about all of this is we've talked about Walmart as the poster child uh for old economy companies pivoting. The first customer to buy Symbotic software was Target and then they decided not to go through with it. Walmart did and you can see the the you know, the difference in the stock price performance.
