Top 8 Stocks to BUY NOW (High Growth Stocks)

Summary

This video script discusses the presenter's top eight stocks for investment, including AI and cybersecurity leaders like CrowdStrike and Palantir, emphasizing their growth potential. It also covers under-the-radar AI firms and tech giants' innovative approaches to AI, such as Apple's privacy-centric AI tools and Microsoft's recall feature. The summary highlights the rapid evolution of AI applications and their impact on various industries, suggesting a promising future for investors.

Takeaways

• 📈 The speaker has a diverse portfolio of stocks, with a current value of over $200,000, which has seen significant volatility but is up 14% for the year.
• 💡 The first stock discussed is CrowdStrike, an AI-driven cybersecurity company that has shown rapid growth and is positioned to dominate the expanding cybersecurity market.
• 🌐 CrowdStrike's platform uses machine learning to proactively identify new threats, capitalizing on the increasing rate of novel attacks in the digital age.
• 🏆 CrowdStrike is recognized as a leader in endpoint protection, cloud workload security, and vulnerability management by Gartner, indicating its strong market position.
• 🚀 The global cybersecurity market is expected to nearly double in the next five years, with cloud security growing even faster, setting the stage for CrowdStrike's continued growth.
• 🛍️ Meta (Facebook) has seen significant returns since 2022 and has opportunities to double its business in the next decade through generative AI, the metaverse, and operational improvements.
• 🤖 Meta is a leader in generative AI and has created models like Llama 3, which could potentially be commercialized to boost business growth.
• 🔐 A new AI stock, Palantir, is discussed as having high security clearances and a potential monopoly on AI for government use, which could significantly increase its value.
• 🛑 Oracle is highlighted as an undervalued company with a strong presence in cloud services and AI model creation, offering significant growth potential compared to its larger competitors.
• 🌐 Cloudflare is identified as an innovative company with a 46% compound annual growth rate since 2018, focusing on cybersecurity and optimization of cloud-based applications.
• 🏭 Broadcom is recognized for owning the entire stack needed for application development and deployment, from semiconductors to software solutions, making it a key player in the tech industry.
• 🔒 Zscaler is a leader in zero trust security, a model that requires constant authentication in cloud environments, and is well-positioned to benefit from AI advancements in cybersecurity.

Q & A

What is the current value of the speaker's stock account and its performance for the year?

The speaker's stock account has reached a value of over $200,000 and it's up a little bit under 14% for the year.

How does the speaker describe the volatility of their stock portfolio?

The speaker describes their stock portfolio as very volatile, noting that it can drop by as much as $115,000 in a number of weeks and then increase by as much as $20,000 in the same amount of time.

What is the first stock discussed in the script and what does the company specialize in?

The first stock discussed is an AI stock related to cyber security, specifically CrowdStrike, which offers AI-powered cybersecurity solutions and has a focus on cloud security.

What is unique about CrowdStrike's approach to cybersecurity compared to traditional antivirus methods?

CrowdStrike applies machine learning to previous hacks, allowing it to proactively identify threats that have never been seen before in the real world, unlike traditional antivirus methods that compare incoming traffic to a list of known attacks.

How does the speaker evaluate the growth potential of CrowdStrike?

The speaker evaluates CrowdStrike's growth potential by noting the global cybersecurity market's expected growth, the even faster growth of the cloud security market, and CrowdStrike's position as a leader in these spaces with a growing revenue.

What is the speaker's investment in CrowdStrike and how has it performed?

The speaker owns exactly 100 shares in CrowdStrike, currently valued at $385,000, which has almost tripled their initial investment, not including previous gains when the stock doubled a couple of years ago.

What are the three opportunities for Meta to double their business in the next decade as mentioned in the script?

The three opportunities are: 1) Generative AI, where Meta is a leader but hasn't been as vocal about it, 2) The metaverse, where Meta is investing heavily despite early criticisms, and 3) Improving engagement on their platforms and becoming more efficient with their existing business.

What is the speaker's view on the potential of generative AI for Meta's business?

The speaker believes that generative AI could have a massive effect on Meta's business if they decide to not only open-source their AI tools but also apply and sell them, improving engagement on their platforms.

What is the speaker's opinion on the metaverse and its potential impact on Meta's growth?

The speaker thinks that the metaverse is not yet ready for prime time but believes that it's the perfect time to invest in this new technology, comparing Meta's position to Amazon's during the .com bubble, suggesting that early investors will be rewarded when the metaverse wave hits.

What is the second stock discussed in the script and what is its potential significance?

The second stock discussed is related to a new AI company that the speaker has recently invested in, which may soon have a monopoly on AI for the government, indicating its potential significance in the AI and government sectors.

What is the speaker's perspective on the importance of security and privacy in the advancement of AI?

The speaker believes that security and privacy concerns are the only realistic factors that can slow down AI's advancement, highlighting the importance of privacy-centric AI tools like those being developed by Apple.