Baird's Tech Strategist Says This Isn't 2000. So Why Is He Warning Against Buying the Dip?

Podcast: Excess Returns · Excess Returns

Opublikowano: 2026-10-24

Ted Mortonson of Baird explains why conviction in the AI boom doesn't mean buying every dip in tech stocks. He joins Jack Forehand and Justin Carbonneau to explain what experienced technology investors watch before putting money back to work—and why he still sees AI as the most powerful technology cycle of his career. The discussion moves from lessons of the dot-com bust to the companies Ted believes can capture AI's profits. They explore the importance of free cash flow, the financing demands of the data center buildout, and ho...