One of Luke Lango’s many recent teaser pitches is a play on Elon Musk’s Project Optimus, which is the humanoid robot which generates news for Tesla every now and again — the first prototype was shown off in mid-2022, with predictions from Musk that they’d be selling it by 2027, and then on Tesla’s earnings call a couple months ago he talked up the latest versions of the robot, and predicted that they have a “good chance” of shipping some units as soon as 2025.

That leads into the key “deadline” part of Luke Lang’s pitch, which is an ad for his Innovation Investor ($49 first year, renews at $79). He says that you “NEED to get into Elon Musk’s A.I. 2.0 before May 16” because that’s when he thinks Tesla will hold its next “AI Day” event to highlight their plans and accomplishments. I don’t know why he’s fixated on May 16, other than the fact that every successful teaser ad has some kind of deadline… he says that’s when Tesla held its first two A.I. days, but that’s not actually true — the first one was August 19, 2021, the second was September 30, 2022, and Musk says he “skipped” their A.I. day last year because he was worried it would encourage copycats, but might do another one this year. Probably he’s actually referring to Tesla’s Shareholder Meeting, which will probably be held in mid-May, as usual, and it could generate some news (Tesla and Elon Musk can always generate news, at any time). The next obvious opportunity for Tesla to highlight Optimus (or their Dojo AI/supercomputer work in general) is probably on their next earnings call, which is expected to be on April 19, but you never know with Elon.

Regardless of the day when Lango believes this idea will catch fire with investors, let’s see what he’s teasing… it’s all about a robotic dystopia where lots of people lose their jobs because of these AI-powered humanoid robots, adding to the many jobs which will presumably be lost to generative AI projects in the near future, from call center operators to writers to animators to coders. Here’s a little excerpt to give you a taste of his spiel…

“A.I. 2.0 is set to spark a new wave of wealth across America…

“While simultaneously killing millions of jobs and destroying the financial lives of millions of hardworking Americans…

“That’s because unlike ChatGPT and other A.I. tools, Elon Musk’s A.I. 2.0 isn’t just some software that can pump out emails and essays…

“Instead, it’s a ‘real-world’ A.I…

“… at its core, A.I. is just software; it’s a piece of code.

“That means, by itself, there’s a hard limit on what A.I. can do…

“However, when A.I. is merged with robotics, that’s when its real power is unleashed.

“This combination opens up a whole new world of possibilities, far beyond the constraints of code alone….

“You may know A.I. 2.0 by another name…

‘Optimus’ as Elon Musk calls it…

“It’s a 5’8” robot that represents the convergence of robotic technology and artificial intelligence.

“The robot is designed in a humanoid form, meaning it looks and moves like a human.”

And on why we need the robots…

“… a study conducted by The Pew Research Center revealed that the human population is set to go through a sharp decline…

“And when that decline happens…

“We’ll be staring down the face of a massive economic collapse…

“That’s because economic growth is a combination of population growth and productivity…

“But with the global population growth set to go negative, we need a significant boost in productivity to avoid a global economic collapse.

“This is where Elon Musk’s Optimus Robot comes into play…

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“It is the solution to the looming productivity challenge…

“By massively improving productivity, it can offset the effects of population decline and avert a global economic crisis…

“That’s why I believe the gains from investing in Elon Musk’s Optimus robots will eclipse ANY stock market gains we’ve seen with the internet, crypto and even A.I. so far….”

And the promise for investors…

“Investing in Elon Musk’s A.I. 2.0 could be your safe haven against the major economic shifts we’ll soon see…

“What’s more, it could catapult you up America’s economic ladder in a way you never even imagined possible…

“It could place you firmly within the nation’s 1%…”

Gee, all that for only $49? Sounds delightful, no?

So how do we invest in this? The obvious choice is Tesla, of course, because it’s under the Tesla umbrella that Musk is building the Dojo “supercomputer” project, which is essentially a chip to compete with NVIDIA’s GPUs and help to power Tesla’s “Full Self Driving” ambitions, and also where the Tesla Bot project, often called Optimus, is growing. None of that is going to mean as much to Tesla’s share price as their number of new cars sold, most likely, but one never knows — Tesla has always been a story stock, and predicting the slope of a story is beyond us all.

But Lango implies that there’s some better way to invest more directly in “Optimus”…

“… today, there’s a rare chance for people on the “outside” to invest in Elon Musk’s new venture…

“With just a few clicks in your brokerage account, you can join in alongside Elon Musk on A.I. 2.0…

“And ride the play to game-changing gains as it disrupts the world…”

Which leads to some hints…

“Once it gets rolled out…

“Elon’s Optimus venture will soar…

“And I believe the company in this report will skyrocket right alongside it…

“Because they make the chips that will power these robots…

“And that’s just the short term.

“Imagine a world where billions of these robots are everywhere…

“Businesses will have fleets of Optimus workers, and even the average home might have a couple of these robots doing chores…

“With this widespread adoption, the company making the chips that bring these robots to life?

“They’re poised to become one of the world’s most valuable players….

“By investing in A.I. 2.0 with as little as $100…

“You can position yourself on the ground-floor of Elon Musk’s biggest venture yet…

“And by doing so, you stand a chance to bank game-changing returns…”

And this is the rest of the hinting about that “back door”…

“The problem is, there is currently a major supply shortage of these chips around the world…

“Elon himself has said that getting access to these chips is, and I quote…

‘Considerably harder to get than drugs…’

“Now this company isn’t Nvidia, AMD or Intel…

“Instead, it’s a small chipmaker here with roots on U.S soil…”

So what’s that “backdoor” way to invest in “A.I. 2.0?” That’s very likely, despite the misuse of the word “small”, another pitch for Taiwan Semiconductor (TSM), which has been a pretty strong consensus pick on the demand for AI chips over the past year — they are the largest foundry operator in the world, and they produce almost all the chips for almost all the most advanced AI GPUs, like those from NVIDIA and AMD… and yes, they produce the AI chips that Tesla is using in their “Dojo” and “Optimus” projects (Tesla has designed some of their own chips, and also uses lots of NVIDIA chips, but both are manufactured by TSM).

Will Elon Musk’s ambition to release a commercial version of his AI-powered humanoid robot create a ton of earnings for Taiwan Semiconductor? Maybe someday, but probably not anytime soon — TSM is a key player in many of the advanced electronic products in the world, and they are getting more levered to AI because of the surging demand for NVIDIA’s highest-spec GPUs for data centers, since they build all those chips, but they’re also clearly not getting nearly as much margin benefit out of that as NVIDIA is… and they’re also still very much levered to some high-volume products that aren’t growing, like the iPhone right now (TSM also makes most of the chips that Apple designs, and a lot of chips for Qualcomm, among many others), so their earnings are not as specifically levered to AI as AMD and NVIDIA. That can certainly evolve, and clearly investor excitement over AI has picked up and added some optimism to TSM shares this year (they were around $100 in late January, as teased, but are now around $140), but in general their financial results will rise and fall with chip demand in general, not just AI GPU chip demand.

And yes, Elon Musk did say on Tesla’s last earnings call that he thinks they’ll ship “some” Optimus robots in 2025… but, well, he’s also known to pretty dramatically over-promise when it comes to the timeline and capabilities of new products. That’s part of the allure of Elon, he knows that getting people excited about the potential is more important than actually delivering a physical product on time. Just keep in mind that Taiwan Semiconductor is a very high-volume operation, operating dozens of major fabs around the world — making even a million chips for the first rollout of a new robot would probably not make a dent in their revenue.

Still, things are looking up for TSM, even if any chips for Optimus are unlikely to change the trajectory in any meaningful way over the next year or two — they had been issuing very cautious commentary for about two years, thanks to the inventory glut that built up in a lot of chips following the supply chain craziness caused by the pandemic, and by the reset in consumer demand for stuff like laptops and new phones, but in January of this year they said they did finally start growing again, mostly on the strength of high-performance computing demand from customers like NVIDIA and, to a lesser extent, AMD. The expectation now is that their earnings will grow about 20% this year, and grow similarly next year, on the back of similar sales growth, and that’s impressive for such a large company — if it weren’t for NVIDIA, Taiwan Semiconductor would be the largest semiconductor company in the world, with a market cap of over $700 billion now.

If we try to smooth everything out by going back to the pre-COVID days, TSM has been growing its earnings per share at an average rate of about 25% since 2019, and it continues to be in a pretty insurmountable position as the world’s largest foundry operator, so paying about 20-25X earnings to buy a piece of TSM, which is where the valuation is today, is pretty reasonable. Assuming that China doesn’t interfere with their operations, or blockade or invade Taiwan and bring the global economy crashing down, which is the fear that certainly keeps a lot of investors out of TSM shares (including Warren Buffett, who bought the stock a couple years ago and then almost immediately sold it again, in a very rare about-face).

Just to counter my caution about whether Optimus will be economically meaningful anytime soon, here’s how Lango spits out some crazy numbers that he claims are “conservative” …

“We’re likely to see Optimus become Elon Musk’s most successful venture in no time…

“After all, the average Fortune 500 company has about 66,192 employees…

“Now, let’s say just half of the Fortune 500… which comes out to just 250 companies…

“Replaces just 10% of their workforce with Optimus robots, which is an extremely conservative estimate, by the way…

“This conservative scenario would mean that Elon Musk will immediately ship out about 1,650,000 Optimus robots…

“And Elon Musk has already come out to say that Optimus will cost roughly $20,000 on average…

“Meaning that on the extremely low end, Elon Musk’s Optimus could generate roughly $33 billion at launch….

“Now, when you factor in the fact that tens of thousands of other companies in the U.S and across the rest of the world will also be racing to get their hands on Optimus to improve their operations…

“And when you consider the fact that these companies will likely want to replace way more than 10% of their employees…

“That number goes up significantly…

“We’re talking trillions of dollars in revenue over time…

“Which means Optimus genuinely has the potential to be Elon Musk’s biggest ever venture right out of the gate…

“Heck, it has the potential to be THE most valuable operation in the world…”

I don’t know what the end game might be for these kinds of humanoid robots… but the “at launch” number Lango is trotting out sounds pretty ludicrous. 1.65 million is also roughly the number of cars that Tesla sells in a year these days, but it took them 15 years and a bunch of model introductions and new factories to get to that level, and there was a ready supply of at least some of the core parts for those vehicles (seats, tires, etc.), even if they did have to innovate and create their own parts in many areas. Could the rollout of a humanoid robot that is so far just a prototype be faster than that? Sure, I know nothing about building robots, I imagine it must be possible. But almost certainly not 15X faster.

And yes, I would of course hesitate to call Taiwan Semiconductor a “small chipmaker with roots on U.S. soil,” as Lango teases… so perhaps he’s got a different company in mind, but I very much doubt it. Certainly nobody else can make the high-end chips that Tesla needs right now, either their own designs or NVIDIA’s. They are building semiconductor foundries in the US, even though the vast majority of their productive capacity is in Taiwan and it will be many years before they have the capacity to build a meaningful number of high-end AI chips in their Arizona factories. TSM is obviously familiar with the “China risk” that scares other governments and their customers, so they’ve begun major building projects to expand in Japan and the US in recent years, but these massive high-end foundries take many years to build and bring online… and they’re more likely to face delays in the construction process, as both TSM and Intel have in the US in the last year, then they are to meaningfully speed things up, even with government funding help.

But wait, there’s more!

“I’ll also give away the name and ticker symbol of a stock that could skyrocket thanks to Elon’s A.I. 2.0… Completely free of charge.

“You can secure yourself and your family’s financial futures as A.I. 2.0 engulfs the world…”

That one, his “free giveaway,” is Intuitive Surgical (ISRG)… here’s what he says about that company…

“They are the maker of the Da Vinci Robot…

“A robot that enables surgeons to perform delicate and complex operations through a few small incisions by using robotic-assisted surgery.

“And get this…

“Based on a survey ran across the U.S., the number of Intuitive Surgical’s Da Vinci robotic surgery systems installed in hospitals is expected to grow extensively in the long term.

“In fact, Intuitive Surgical installed 415 da Vinci systems during Q4 2023 alone.

“There couldn’t be a better moment in history to join the A.I. robotics evolution than right now.”

Hard to argue with that, Intuitive Surgical is a fantastic company, and has one of the most embedded monopolistic advantages of any company I can think of today, thanks to their 20-year lead in the development and sale of robots for general surgery. I made the mistake of selling ISRG way back in 2009, but I did buy back in when the stock finally got to a reasonable valuation again, thanks to the COVID collapse in 2020. They just got FDA approval for their Da Vinci 5 last week, so I did share this update with the Irregulars in our last Friday File:

Intuitive Surgical (ISRG) got FDA approval for the latest generation of their multi-port surgical robot system, the Da Vinci 5… no big surprise there, that was widely expected (they submitted their application starting last Fall, and talked some about the progress on the last earnings call, anticipating a gradual launch in 2024, which was part of the reason the stock did well in January), but it was certainly possible that there would be more questions from the FDA, or more back-and-forth on the way to approval, so the fact that the approval is now official is is at least mildly positive.

And it means that they’ve had the fifth generation of their core surgical robot approved before any of the potentially worrisome competitors (Medtronic or Johnson & Johnson, mostly) has even applied for FDA approval for a general surgery robot in the US. It’s an expensive stock, and the near-term revenue and earnings growth can’t really justify the current price unless you squint and try to see the horizon out a few years, but the extraordinary global lead they’ve built in robotic surgery should continue to be an amazing asset.

There ought to be competition in this space, and eventually it will emerge, and we should be aware of the risk of major disruption in this area at some point… but these are not mobile phones that you replace every two years, with users pretty intuitively switching from one brand to another. Robotic surgery takes specialized surgery suites, installed equipment that has to be paid off over many years, and a universe of doctors and nurses who are trained to use the equipment. With a 20-year lead, and closing in on 9,000 installed systems, second place here isn’t like Avis trying to catch up with Hertz. The second-place system, when it comes to general surgery robots, is probably the Versius, from tiny CMR Surgical, and they should have about 150 systems installed right now… there are competitors who are even a little smaller than that, like Asensus Surgical with their Senhance system, but most of the smaller competitors have given up because they’ve failed to make a dent in the market or sustain financing to develop their machines… and most of the big players, like Medtronic, whose impressive Hugo surgical robot is in clinical trials in the US and approved in a few foreign markets, and Johnson & Johnson, whose Ottavo is likely to begin clinical trials in the US late this year, are moving very slowly and not throwing much money into trying to pretend that they can take share from Intuitive.

That extraordinary lead keeps me holding on to ISRG, but I can’t talk myself into paying 60X earnings for a company that has solid growth but probably can’t grow earnings at better than 20% per year at this point (and will almost certainly do less than that this year, as the costs of rolling out the new Da Vinci 5 will eat into efficiency a bit). I may be too cautious on that front, near-monopolies are worth paying up for, but I’ve only been willing to buy ISRG when it drops to a reasonable valuation — and it usually does, every now and then, because it doesn’t take that much bad news to shake investor confidence when you’re trading at a lofty valuation.

More still? You bet, Lango also teases three other robotics stocks, so let’s see if we can get you some names…

“The Supporting Cast: 3 Robotics Stocks Set to Shake the World….

“The first company is a global leading provider of autonomous vehicle technology.

“Now this company hasn’t built a robot, but per my discussions with industry insiders, this company is well respected as the leader in full-stack self-driving solutions and could win the self-driving race…

“If it does, the skies the limit.”

That could be several different companies, of course, but that exact turn of phrase has been used in the past by Luke Lango to refer to Mobileye Global (MBLY). That’s one of the early companies to use cameras for driver assistance technologies many years ago, and was later bought by Intel and then spun out again as an independent company about a year and a half ago. The stock got popular for a while in the surge of AI enthusiasm last year, but the arrival of profitability has been slow for this $25 billion company. Most recently, the problem has been that they issued a profit warning at the beginning of the year, when they told investors that orders were much lower than expected and revenue would drop dramatically as their customers were overstocked, with the impact to persist through 2024, and that caused the stock to lose about 25% of its value overnight.

When Mobileye was spun out by Intel a year and a half ago, the expectation was that they would have close to $3 billion in revenue in 2024, and about 90 cents per share in adjusted earnings… and now that expectation is about $1.9 billion and 40 cents. The estimate from analysts is now that they’ll get close to those hoped-for levels just a year later, in 2025, with 80 cents in adjusted earnings per share and $2.7 billion in expected revenue, but I wouldn’t blame investors for being in “show me” mode with Mobileye — those 2025 estimates are now still lower than their 2023 results, and MBLY is still trading at a valuation of 40X estimated adjusted 2025 earnings (stock-based compensation is pretty big with this one, too, SBC was about 12% of revenue last year… so the real GAAP earnings in 2025 will probably be only about 15 cents per share, and on that basis they have yet to be profitable at all).

This is both a competitive space, and a not-very-profitable one, with a lot of companies working to build the next generation of autonomous driving software and hardware, and with not a ton of sales volume to go around as advanced technologies slowly ease their way into each new model of automobile… so if it weren’t for the fact that we know Lango refers to Mobileye using this kind of language it would have been possible to make lots of other players fit those clues, with other claims about leadership in the “tech stack” for autonomous driving, including LiDAR survivor Luminar (LAZR), auto industry pioneer Aptiv (APTV), or even lots of collaborative efforts, like the one between Ambarella (AMBA) and auto supplier Continental (CON.DE, CTTAF, CTTAY), all of whom have been teased during past waves of enthusiasm for self-driving cars. The only real investment I have in this area right now is secondary, through NVIDIA and Alphabet, and that’s OK with me.

Next?

“The second company in the report is a company I believe will become the king of warehouse automation.

“To my knowledge, this company is the only firm in the world that has created a fully autonomous, end-to-end warehouse system that is actively running today.

“Their whole system is powered by proprietary A.I. software, and protected by over 400 patents.

“Walmart, the second largest retailer in the world, signed a deal to automate its distribution centers with this company’s A.I. technology.

“Said differently, every Walmart distribution center in America will be automated by this company’s A.I. by 2027.

“Of course, that means a massive ~$10 billion revenue contract for the company.

“But Walmart is just the tip of the iceberg here.

“The largest U.S. wholesale grocery distributor — is also using this company’s A.I…

“The world’s third largest supermarket chain by revenue has already jumped on board too.

“This is one of my favourite A.I. stocks right now.”

That’s Symbotic (SYM), which we’ve written about a few times — starting when Lango was teasing them during the AI runup last year. It’s a fascinating story, though it’s also one with a big hidden ownership stake that a lot of investors don’t see… here’s an excerpt from what I wrote about Symbotic after their wild earnings week in January (they collapsed 25% in a day, then bounced back to recover almost all of that immediately… at the moment, the stock is still right around where it was when I wrote these words):

Symbotic (SYM) is clearly a tough company to forecast, given the lumpiness of their work (selling robotic warehouse systems, for the most part), and the analysts are rarely very close to the mark. They’ve been ramping up their pace of installation, which is a key driver for the company, going from one or two Walmart warehouses completed in a quarter to three or four and growing, in part by outsourcing some of the hardware and installation work to speed things up, but the difference between finishing three warehouses in a quarter and finishing four is probably a vast gulf when it comes to revenue or earnings (they’ve also brought on some new customers, but Walmart continues to be the linchpin customer).

The earnings growth story for Symbotic will eventually be in software and services, managing all these installed robotic warehouse systems… but for now it’s all in installations and initial sales. They are still growing very fast, and for me this is still really just a bet on that growth…

If SYM was just the publicly traded shares, it would be a very easy speculation right now, this is an impressive performer for a little $4 billion company, with great growth and a huge backlog (now about $23 billion) and very strong customers… but because it’s not really a $4 billion company, it’s a little less dramatic and a lot more volatile. Less than 20% of the shares are publicly traded, and the company remains fully controlled by the Cohen family, so Symbotic is a much larger company than many people assume. In fact, there are 577 million shares of Symbotic outstanding, a legacy of both the Cohens’ controlling stake and the shares which were created by their go-public SPAC transaction, but what most websites list is just the Class A common stock (89 million shares) — so at 47.50, the real market cap for Symbotic is about $27 billion. Which means it’s valued at about 15X expected 2024 revenue… or at about 40X the EBITDA they’re expected to have in 2026. A very cool company, and the business is evolving to be quite impressive as they improve margins with the GreenBox deal and their accelerated pace of installations, and these should be long-term installations that drive profitable services and software revenue for a very long time… but that’s still a tough price to swallow, and it means you have to kind of hope either that the growth will be explosive far into the future, or that investors remain a bit dim, and keep thinking of this as a $4 billion company… so for now, I’ll just continue to hold my in-the-money call options as a bet that investors will probably fall even deeper in love with this one again.

There are some echoes of an early Intuitive Surgical in Symbotic, in that they’re building an early lead in expensive and hard-to-replace robotic systems and expect to profit from those systems over decades through software and service sales and replacement equipment, though there’s no real regulatory moat around Symbotic’s business, and it’s probably too early to call them the clear winner in warehouse robots — there are barriers to entry for any business, but surgery has a lot more barriers than managing warehouse inventory. I do still hold those 2025 call options.

“Now the third company in the report is helping industrial companies in the transportation, utilities, construction, and engineering industries digitize, streamline, and automate their workflows.

“The company’s founders are impressive.

“They met while earning their Master’s in Computer Science at MIT and already have one exit under their belt from a previous company…

“It’s not a farfetched idea to think these guys are building another winner.”

Those clues are a little light, but the Thinkolator spits out a best match for us here in Samsara (IOT), which matches those references to the founders — it was started almost a decade ago Sanjit Biswas and John Bicket, who were indeed at MIT together and sold their previous company, Meraki, to Cisco Systems in 2012. This was launched as a wireless sensor company to help facilitate the dreams of the Internet of Things, which was a hot story at the time, and that’s still what they’re broadly focused on (thus the IOT ticker), but they’ve moved the business more to the software and services side now, which should eventually be more profitable. Here’s how they describe themselves:

“Samsara’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy. We are the pioneer of the Connected Operations Cloud, which allows businesses that depend on physical operations to harness IoT data to develop actionable business insights and improve their operations.”

I’ve never looked at this company before, but it does look pretty impressive — their latest investor presentation gives a good overview, if you’re interested — and, as you might expect, it’s trading at a premium valuation because lots of folks agree that it looks pretty impressive. If we think of them as a Software as a Service (SaaS) company, then the key numbers are their annualized recurring revenue, which as of last quarter is $1.1 billion ($99 million added just last quarter, which is impressive), and their ability to sign on new customers, especially large customers — they now have 1,848 large customers (those who spend $100K or more per year), and that number grew by 49% last year. They have not yet turned that into real profitability, but the gross margins of selling this software are very high (76%, if you don’t count stock-based compensation), and they are just on the cusp of turning to profitability, so it’s pretty likely that their earnings growth will look fantastic for the next few years, growth always looks the best when you’re starting with those first few dollars of profit. They’re expecting to break even on a non-GAAP basis, and to earn 12 cents in adjusted earnings for this fiscal year, based on expected revenue growth of 28%. Analysts think they’ll keep growing revenues at close to 25%/year, and that earnings per share will roughly double each year for the next couple years.

What does one pay for that kind of growth and a pretty strong customer base that should be very sticky? Kind of a lot. With a $20 billion market cap, they’re valued at about 20X their annualized recurring revenue right now, which used to be a “regular” SaaS valuation during the 2021 excitement but now stands out as pretty steep, reserved for the best SaaS stocks… and on an earnings basis, they’re trading today at about 100X what analysts think they’ll earn in their FY 2027 (which is mostly calendar year 2026). I can see ways to justify that valuation, and there’s at least a decent chance that they can “grow into” that if they keep growing their customer base so nicely, and keep upselling those customers, but there’s not much margin for error… if they report a bad quarter, or lose a few big customers, the stock will likely take a big hit, we should expect IOT to be volatile. I kind of like Samsara’s positioning, after my first look here, but the valuation is optimistic enough that it would take me some time to get comfortable with their future growth trajectory and their competitive position.

So there you have it, more AI and robotics ideas for you to chew on… lots to like in these companies, but this is the most popular part of the market right now, so this is also where we’ll continue to find lots of stocks which are pricing in a very optimistic future.

There are a lot of newsletter pundits spinning similar stories about A.I. and Elon Musk, specifically, since both those topics are guaranteed to get attention (attention is the goal of an ad, after all, much more so than “being right” about a stock… though that’s obviously a consideration as well, being right tends to help with renewals). Other ones we’ve seen really heavily promoted of late include Eric Wade’s “Project Dojo” pitch about Elon Musk’s autonomous driving ambitions, teasing Alphabet, ABB and UIPath, James Altucher’s “AI Crown Jewel” that’s been touting Taiwan Semiconductor and ASML for several months, the Weiss pitch for “NVIDIA Silent Partners” touting Taiwan Semiconductor, ARM Holdings and (probably) Super Micro Computer, and Charles Mizrahi’s pitch of Arista Networks as the “A.I. Guardian” that will protect us from the “Oppenheimer Moment” (with the Motley Fool also repeatedly teasing Arista, as they have done for years, though this time with an “A.I. Phase 2” pitch )– all ladled on top of the 50+ different AI stocks we’ve seen teased over the past year.

Wild times. Have fun considering all the magical futures we might see, but be careful out there. And if you’ve got a favorite in this lot, or a stock we should be thinking about instead, feel free to throw in your two cents with a comment below. Thanks for reading!

Disclosure: Of the companies mentioned above, I own shares of and/or call options on Alphabet, NVIDIA, Intuitive Surgical and Symbotic. I will not trade in any covered stock for at least three days after publication, per Stock Gumshoe’s trading rules.