Josh Goltry is the Founder and Chief Investment Officer at JAG Capital. Today's discussion is centered on Josh's focus on tech and touches upon Shopify's (SHOP) management team shake-up, cybersecurity stocks durability, the government-seeded headwinds that Nvidia (NVDA) is facing, and the likely outcome of greater vertical integration at Tesla (TSLA).
Today's discussion begins with the big shake-up in Shopify's (SHOP) management team, specifically the appointment of Jeff Hoffmeister as CFO.
Josh explains how tech companies hiring Wall St veterans signals their maturity and talks about the possibilities of Shopify expanding into banking and loans for the companies it supports.
Josh and Ryan then chew over the stickiness of cybersecurity with Josh, explaining why, if you're a CSO at any company, it's the last part of the IT stack you eliminate. He also gets into why he's so bullish on Crowdstrike (CRWD).
While Josh maintains that Nvidia (NVDA) is his favorite company, he lays out why he reduced his position by almost 100% and at the price at which he's looking to reenter. He also shares his thoughts on why the CHIPS act is far too little, far too late.
Lastly, Josh and Ryan discuss Tesla (TSLA). The prospect of the company mining its own lithium and why, like Apple, greater vertical integration is likely to improve their product. They also address the fact that no other company has a bigger key-man risk than Tesla.