Matt Frankel

The MAG7 has clearly outperformed all the mid-cap and small-cap baskets of tech stocks I could have made.

I'd expect the 11 stocks in this particular basket to

We could debate whether you think it's a bubble or whether you think it's a good time to buy, like Travis said, but I would expect them to generally move more in tandem than I would the Mag 7, because they're really all plays on the same thing, AI-focused hardware.

They're not just the largest tech companies in the market, which is essentially what the Mag 7 are.

And Travis makes a really good point that, you know,

It might not be the best time to buy this.

At least these are all stocks that could tumble if the AI investment surge cools off.

And that's really kind of goes along with the movement in tandem of this basket that you need to expect.

For me, the one I own in the basket is AMD.

And it's been a roughly 5X performer in like a year, a year and a half since I've owned it.

I bought it as a value investment, and I didn't think I'd be this right this fast.

There's a solid case to be made that it's run too far.

It's trading for about 50 times forward earnings.

There's the rapid data center growth.

Tyler and I, we've talked about the potential to lead the CPU shift and then the next phase of AI build out.

And they have a lot of extremely promising product rollouts coming later this year.

I think all 11 are excellent businesses.

Don't get me wrong.

Some are a little bit, let's call them frothy at the current valuations.

Yeah, we're fairly aligned on this.