MSFT, GOOGL Over NVDA: Doug Butler's Contrarian AI Strategy

<p>Doug Butler explains why Rockland Trust remains overweight on Microsoft (MSFT) and Alphabet (GOOGL) while keeping limited semiconductor exposure, including Texas Instruments (TXN) and Nvidia (NVDA), as higher rates threaten AI and data-center financing. He says hotter inflation could increase the chances of two Fed rate hikes this year, but notes that four-year bull markets have historically tended to keep running. Butler also sees a valuation opportunity in mid-caps, which he prefers over both large- and small-cap stocks.</p><p><br></p><p>======== Schwab Network ========</p><p>Empowering every investor and trader, every market day.</p><p>Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe</p><p>Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185</p><p>Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7</p><p>Watch on Sling - https://watch.sling.com/1/channel/bb1b75050268416e82a557ff6387bff3/browse</p><p>Watch on Vizio - https://www.vizio.com/en/watchfreeplus/catalog/live-tv-channels/3123029569/schwab-network</p><p>Watch on DistroTV - https://www.distro.tv/live/schwab-network/</p><p>Follow us on X – https://twitter.com/schwabnetwork</p><p>Follow us on Facebook – https://www.facebook.com/schwabnetwork</p><p>Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/</p><p>About Schwab Network: https://schwabnetwork.com/about</p><p><br></p>