Charles’ Take: Why Tech Stocks and Smart Bets Are Ready to Booming

He's earned decades of Wall Street success, a lifelong student of the market who learned to navigate the world of finance with unshaken confidence, an underdog who achieved the American dream. Now the Fox Business host is sharing all his investing wisdom with you on Charles Payne's Unstoppable Prosperity podcast. One day you may be on Jeopardy and this will be the final question. yesterday for the first time in the Nasdaq 100 rallied more than 1% with all MAG-7 names down. The first time ever. The first time that's ever happened. If you win some money, I get a piece of it. All right, now here's the thing, folks. The lackluster action in MAG-7, including the hyperscalers, like four of them in there. It's been frustrating, I know that, but now investors are looking ahead. And, you know, at some point, the thing is going to change, right? Here's the thing about the hyperscalers. They make a ton of money, but all that free cash flow has gone into this spending. It's investments, folks. We call it spending, but it's investments. At some point, those investments are going to pay off big time, and this will be a screaming buy. How far ahead of this you have to buy is really the trick. I'm not sure. The question, though, is that you don't want to be out of it. I want to bring in now Veltry on there CEO Bob Luna to discuss this further So you know Rob I love what I seeing set up here In fact I know one of the names you like here a lot is Meta And Meta is making a lot of news Almost every day, there's like four or five meta headlines. You think they've turned a corner? Yeah, absolutely, Charles. I think you just said it right. I mean, these are companies that are going to be here for the long run. Just like Amazon at the beginning, they used to get beaten up for making all the reinvestments. And then they basically dominated the world of retail. I think it's the same thing. We're just at a cycle where they're having to make those investments to stay relevant going forward. And I think Meta now is starting to turn the corner in terms of how they're going to make all these investments turn into a profit and monetize it. I think this is kind of their AWS moment that we saw with Amazon. Yeah. And let's talk about, you know, here, the Mag7. You've got three of these names that are down significantly. Microsoft at the bottom of this, I think, is also down with the software stuff. I mean, what do you make of it? Is that something you're looking at yet? Are you kicking the tires at all? Yeah, look, I think Microsoft just doesn't, it doesn't excite me quite as much as Meta. I don't think they've gotten into the AI space as big. And the data that Meta owns is just amazing. People's whole life is on there. Their business is in there. The valuations here are obviously attractive, but I'm not too excited about Microsoft here. You are excited about Micron, right? And here's the thing with Micron, folks. This is your sales growth estimate for the current year Just monstrous And then this is your P ratio And so it got a low P ratio the outstanding growth expectations But some people are saying it's time to sell into strength. What do you think? I don't think so. I think you just we're having a pullback right now. So if you haven't been in it, I think it's an opportunity. The thing you've got to look at is forward P.E. ratios. And the question is, is this sustainable? And I think if you look at the backlogs, they had another competitor that's coming public today from Korea. I think this is going to be a play for the next three to four years, Charles. I wouldn't get shaken out of it just yet. I'm going to give you some props here. CrowdStrike you told us to buy on the dip. It's made a monster move. And also, same thing with Snow. It's made a monster move. It's on this verge of breaking out as well. Are you holding both of those right now? Yeah, absolutely. These are the picks and shovels of AI. You've got your security, and Snow's cleaning up the data that you need. These are names that people were not looking at too much last year. but I think in the last beginning of the year, but I think these names got a lot further to go again over the next two to three years. This is a longer term play, Charles. I love when you bring us these fresh names, Rob. So I don't know the Oncology Institute. It's been trading sideways for a long time. Tell us the value proposition here. Yeah. So these are, first of all, if you look at momentum in the small cap space, it really shifting into healthcare names That what got me to start looking into the space This is Oncology Institute They have over a hundred outpatient centers What I like about this was overhanging the stock with some debt that they just got refinanced long term So that off the table right now They have 30% year over year growth. And what's happening is the big insurers are trying to pull stuff out of the hospitals into these smaller centers. And I think this is going to be a benefactor over the next year to two. I got a minute to go on AMWL. I forgot to give the symbol for the other one, too, because a lot of folks on the radio listening. American Well Corp, what's going on here? Yeah, I like this one a lot, Charles. So this, if you look at the chart, what the heck happened to it? This was a huge screamer during COVID because it was really one of the first ones in the telehealth. And then we saw all those stocks get really beaten up. Well, they've reinvented themselves during that time, got rid of some norm core businesses. Now they're a platform. They've got more cash on their balance sheet, Charles, than the market cap. And I think they're going to be positive by Q4. I mean, look at this. I mean, yeah, it has gotten hit, but this is a major breakout here. I bet if we had the volume, the volume of the spike there as well. And it's on both on the upper side of the 200-amphys today. Good stuff, my man. You're still killing it. Have a great weekend. Thanks. You too, Charles. All right. You've been listening to the Charles Payne's Unstoppable Prosperity Podcast. Make sure you subscribe to this series, and don't forget to rate and review. And keep listening so I can help put you on the path to unstoppable prosperity now. you