00:00 Speaker A
Google’s stock price has been on a tear. Everything seems to be going in this company’s direction now.
00:06 Ines
Yeah, their chips, uh their Gemini, everything is performing really well. I mean, over the last two quarters or so, it’s suddenly gone up. Well, I would also point out that, yes, Google was the top performer in Mag 7 last year. It’s still expected to continue to outperform and, look at Amazon, Sazi, because we’re talking to strategists, they say the same uptick you see in Google, you can see in Amazon because they’re bullish on AWS, agent artificial intelligence, uh fueling growth in AWS, logistics push, robotics. Robots will be the theme this year. And Alex. Amazon rose just 5% last year and is expected to become the next Google this year.
01:07 Speaker A
Oh, Natsu, I love it when you make these trades. That’s huge. When Amazon grows 170% for the year, I’ll congratulate you and buy you a cup of coffee. The art, uh, Google leaves it to you. What’s the best way to play AI right now? Do you still choose NVIDIA? You know what NVIDIA is going to do this year. This is going to be a big year for them. Or will you take advantage of Google’s power?
01:28 Art
Well, I think you have to take a step back and say, how did Google get to this point? First and foremost, they won the lawsuit with Apple and were able to dominate Apple products, and then they made a much more significant deal with Apple when you’re talking about, you know, tens of billions of dollars a quarter. I think they win this contest too as it relates to the best chatbot, right? Therefore, Gemini ranks first and Open AI ranks second. That won’t necessarily continue into this year. So in this long-running AI race, I will pick the winner carefully. I think at current multiples, Nvia is probably the cheapest way to go in AI, and they’re not going anywhere.
