Hatem Dhiab and John Freeman discuss the state of the Mag 7 trade. Hatem thinks valuations are stretched but argues that some can still grow – and some can’t, like Tesla (TSLA). Microsoft (MSFT) or Alphabet (GOOGL) he would “buy all day long.” John focuses on the generative AI winners within the Mag 7, including Nvidia (NVDA), Amazon (AMZN) and MSFT. Alphabet is the “interesting one” as they begin an AI transition, he adds.