Halftime Report Debating the Tech Trade 2/10/25
Feb 10, 2025
In this engaging discussion, investment experts Joe Terranova, Amy Raskin, Jim Labenthal, and Rob Sechan tackle the current struggles of the tech sector. They delve into the investment prospects of Chinese tech giants like Alibaba and Tencent, advocating for a selective approach. The conversation also highlights the pivotal role of Taiwan Semiconductor Manufacturing Company in AI and the impact of tariffs on market resilience. Finally, they provide insights into risk management in healthcare and tech stocks, setting strategies amidst evolving market dynamics.
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Transcript
Episode notes
Investing in Chinese Tech
- Consider China for tech investments, as David Tepper increases his position in several Chinese internet companies.
- Look for opportunities in undervalued stocks like Alibaba, which trades at a lower valuation than Amazon.
Chinese Company Risk
- Jim Lebenthal expresses concern over Chinese companies being run as extensions of the government, increasing risk and volatility.
- He prefers overweighting Europe and Japan, finding them inexpensive relative to the U.S.
Trimming Mega-Cap Tech
- Consider trimming positions in mega-cap tech stocks that have seen significant returns, such as Meta and Amazon.
- Explore opportunities in other market sectors performing well, as MAG7 growth rates converge with other stocks by Q4.