We're Buying Shares of These 6 Holdings Ahead of Sector-Specific Tariffs
We're making some tactical moves but keeping our dry powder at elevated levels.
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| Symbol | Transaction Type | # Shares Traded | Recent Price $ | Shares Owned After Trade | % Portfolio |
|---|---|---|---|---|---|
APPL | Buy | 35 | $198.15 | 825 | 3.75% |
ESTC | Buy | 80 | $80 | 1,792 | 3.45% |
MRVL | Buy | 315 | $53.39 | 2,775 | 3.4% |
META | Buy | 36 | $544 | 248 | 3.1% |
OLED | Buy | 98 | $113 | 1,388 | 3.6% |
QCOM | Buy | 20 | $139.25 | 1,220 | 3.9% |
After you receive this alert, we will make the following trades:
- Buy 35 shares of Apple AAPL at or near $198.15. Following the trade, the Portfolio will own 825 AAPL shares, roughly 3.75% of the Portfolio’s assets.
- Buy 80 shares of Elastic NV ESTC at or near $80. Following the trade, the Portfolio will own 1,879 ESTC shares, roughly 3.45% of the Portfolio’s assets.
- Buy 315 shares of Marvell MRVL at or near $53.39. Following the trade, the Portfolio will own 2,775 MRVL shares, roughly 3.4% of the Portfolio’s assets.
- Buy 36 shares of Meta Platforms META at or near $544. Following the trade, the Portfolio will own 248 META shares, roughly 3.1% of the Portfolio’s assets.
- Buy 98 shares of Universal Display OLED at or near $113. Following the trade, the Portfolio will own 1,388 OLED shares, roughly 3.6% of the Portfolio’s assets.
- Buy 20 shares of Qualcomm QCOM at or near $139.25. Following the trade, the Portfolio will own 1,220 QCOM shares, roughly 3.9% of the Portfolio’s assets.
Following our comments from earlier on Monday morning, we are scooping up some additional shares of Apple AAPL, Elastic ESTC, Marvell MRVL, Meta META, Universal Display OLED and Qualcomm QCOM. Given the potential for President Trump to deliver sector-specific tariffs on Monday or in the coming days, we are leaving some room to buy additional shares of these companies once that known unknown is made clear.
While we are not buying more shares of Nvidia NVDA or ServiceNow NOW given their existing position sizes, we see the current share price as skewing very favorably for either new members or existing ones whose position size is below the Portfolio’s.
As we move deeper into the March quarter earnings season and companies that touch the same end markets as these report their quarterly result and update their respective guidance, we will make price target adjustments as needed. We will also revisit our panic points for these six holdings and others.
With that in mind, the next known catalyst will be Thursday’s quarterly earnings report from Taiwan Semiconductor TSM. Last week, TSM announced its March quarter revenue surged nearly 42% for the March quarter fueled by strong demand for AI servers and smartphones ahead of looming U.S. tariffs. We will also be looking at March revenue and March quarter results from Hon Hai/Foxconn FXCOF as well as its outlook given its close relationship with Apple and Nvidia.
After making these trades, the Portfolio’s cash levels will still be at elevated levels near-term and we will continue to own the Portfolio’s inverse ETF positions. As we discussed on Friday, we continue to see the risk that consensus EPS expectations for the basket of S&P 500 companies for the June quarter and 2H 2025 are poised to move lower as companies update their outlook to reflect tariffs and uncertainty across consumers and businesses. There is also the prospect of further volatility in the coming months as Trump and his team negotiate trade deals.
For those reasons, we are keeping our cash levels elevated so we can take advantage of future opportunities for other existing positions in the Portfolio, its Bullpen or others that land on our radar. As these navigate those hurdles, based on what we learn in the process and what upcoming data tells us, we’ll continue to evaluate whether the Portfolio should ease up on its inverse ETF positions or exit them in full.
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(Please note that we are looking to execute these trades at or near the share price mentioned above. Once the trade is completed, subscribers can see the trade's executed price here. Be sure to toggle the chart to sort by Purchase Date.)
At the time of publication, TheStreet Pro Portfolio was long AAPL, ESTC, MRVL, META, OLED, QCOM, NVDA and NOW.
