$MSFT - Microsoft stock hitting four-month highs with new PC launches. Ram has accumulated it as one of his top three positions, believing it is totally mispriced.
$ACN - Consulting companies like Accenture are productivity plays on AI, with an army of consultants needed to help Fortune 1000 companies update workflows to be AI relevant. Ram has been buying Accenture recently.
$CTSH - Cognizant Technology Solutions is a consulting play on AI productivity. The business is growing despite AI concerns, with sales accelerating. Ram sees it as interesting with positive smart money positioning.
$JEF - Jefferies is an interesting bet on growth of issuance and IPO market. CEO Richard Handler bought $6 million worth of stock, and smart money hedge funds like Point72, Millennium, and Volridge are increasing positions.
$GS - Goldman Sachs is essentially at 52-week highs, linked to the IPO theme and issuance growth.
$SOFTWARE - Software sector has made a massive comeback, outperforming the S&P after being left for dead during the SaaS apocalypse. Ram has an overweight position in software.
$AIRLINES - Ram likes airlines despite concerns about oil prices, noting they are doing price pass-throughs and travel leisure sector is strong. Southwest Airlines reported 25% Verizon business travel growth.
$INTERNATIONAL - International markets are doing very well all around the world, with plenty of non-AI companies performing well. South Korea and Taiwan are specifically highlighted as on a tear.
$XLRE - Real estate sector ETF just hit 52-week highs, with a bid in the real estate category.
$MOMENTUM - Momentum factor has been extraordinarily successful and is one of the most powerful factors in the current market. The SPY triple momentum strategy has had a killer year.
$AISERVICES - CEO bought $150 million of stock in a company focused on AI services productivity play. Management sees large addressable market for AI services across six areas.
$META - The AI flagged Meta as an opportunity worth a close look based on its analysis.
Bearish:
$INDUSTRIALS - Ram is not excited about industrials because many CEOs and management teams are dumping their stock at record valuations, with heavy insider selling visible in the sector.
$CHINA - The app's AI analysis suggests avoiding focus on China, even as international markets broadly perform well.
$NVDA - The AI disagrees with holding NVIDIA and says to sell now based on technical weakness, though Ram personally disagrees with this view.