5 stocks poised to lead the next AI cycle

Transcript:
Caroline Woods
Joining america with her 5 apical banal picks is Nancy Tengler, CEO and CIO, Laffer Tengler Investments. Nancy, large to person you present successful idiosyncratic I guess.

Nancy Tengler
Thanks for having me, Caroline.

Caroline Woods
So let's get close into your banal picks. Your archetypal 1 is really a tech sanction that's successful favour this year. Unlike immoderate of the large names, Lam Research LRC is up what, 40% twelvemonth to date? Tell america wherefore you similar lam probe implicit immoderate of the other, possibly much evident names.

Nancy Tengler
Well, it's a beneficiary of the Dram thrust up successful representation prices and representation stocks. So, you cognize it's an I sanction done the backmost door. You get if you're a representation shaper similar micron, your biggest clients oregon immoderate of the AI players similar Nvidia, they usage the chips successful their successful their products and successful the infrastructure. So we had purchased Lam for precise antithetic reasons a mates of years back.

Nancy Tengler
It's the largest holding successful Tiger, which is our ETF, and it's conscionable continuing to deliver. The absorption has described it. They're expanding successful the regions crossed regions. Even with anemic atrocious weakness successful China. They're besides expect to outgrow the the wafer fab market. And truthful they're going to summation share. And they're conscionable increasing successful the multiples. Not that expensive.

Nancy Tengler
So we're going to proceed to clasp it. We've trimmed it backmost a fewer times due to the fact that it's appreciated. So much. But we volition proceed to clasp it and bask the benefits of AI.

Caroline Woods
So you mentioned you've taken immoderate profits, but you'd inactive beryllium comfy putting caller wealth to enactment astatine these levels.

Nancy Tengler
Yeah, it is our largest holdings. So arsenic we get wealth into the fund, oregon if we get, idiosyncratic lawsuit money, we are inactive buying it up to astir 5% of the portfolio.

Caroline Woods
Okay, shifting gears, actually, nary pun intended. Actually, Tesla is your next, prime a antithetic illustration for 2026. So acold down astir 15% twelvemonth to date. Make the bull lawsuit for Tesla due to the fact that this is simply a 1 that, you know, the bulls stay bullish. But past there's a batch of skepticism. And it seems similar Wall Street's skeptical this year.

Nancy Tengler
Yeah. And there's a batch to hatred I mean FSD, which is the afloat Self-Driving bundle is is has deed some, roadworthy bumps, nary pun. There is you know, the income successful Europe came retired today. They were amended than expected. But income are inactive declining. And and there's just, a communicative astir the EV business, which isn't ace robust, but we're buying the institution for the agelong word narrative, which is physical.