Tech stocks have come under pressure recently but this isn't the start of a bust, says veteran tech investor Ross Gerber of Gerber Kawasaki. He joined In the Money with Amber Kanwar and says we are in a tech boom, not a bubble. He shares his battle scars from the 2000s, tells us why he’s been selling Tesla and names his best ideas right now.

Recorded on: Wednesday February 12th, 2025

Timestamps

For detailed show notes, navigate using the timestamps below:

:00: Ross Gerber intro
1:25 Why tech will do well
5:45 There’s no second to Nvidia
15:00: Elon was the GOAT now it’s Jensen Huang
16:00: Looking back at Steve Jobs, why Tesla needs a Tim Cook & why Apple will innovate
19:45: Comparing now to the dotcom bust
26:00: What if the Fed doesn’t cut rates this year?

28:00 The ITM Mailbag
28:30: Is Reddit the new Meta?
32:00: You don’t have to be smart to make a lot of money
36:00: Ross’s top cybersecurity pick
40:00: Why Ross invested in X and how it’s going
45:00: Would Ross buy the dips on Shopify?
48:00: How will SNAP perform over the next 6 months?
49:35: Why Ross is selling some Tesla
57:00 Ross’s Pro Picks
1:07:40: Goodbye & coming up

Sponsors
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Pro Picks is brought to you by ATB Financial. With $62 billion in assets, ATB Financial is powering possibilities for more than 820,000 financial services clients in Alberta and beyond. ATB's Capital Markets arm is a full-service investment dealer that offers investment and corporate banking, sales and trading, institutional research, and risk management. Visit ATB.com/inthemoney for more information

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The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company.The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.

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The opinions and views expressed in this presentation are those of the presenter and not necessarily BMO InvestorLine Inc. This presentation is prepared as a general source of information and is not intended to provide legal, investment, accounting or tax advice, and should not be relied upon in that regard. If legal or investment advice or other professional assistance is needed, the services of a competent professional should be obtained. Any information contained in this presentation does not constitute and shall not be deemed to constitute advice, an offer to sell/purchase or as an invitation or solicitation to do so for any entity. The content of this presentation is based on sources believed to be reliable, but its accuracy cannot be guaranteed. BMO InvestorLine Inc. and its affiliates, sponsors and employees do not accept responsibility for the content and makes no representation as to the accuracy, completeness or reliability of the content and hereby disclaims any liability with regards to the same.

Is This a Tech Boom or Bubble?