 With fresh fang earnings should you stay in the group or take some profits Brad McMillan from Commonwealth Financial Network? We had strong earnings from the f and fang Facebook. What do you think? I? Think right now Facebook is still on a growth spurt. You're looking investors are looking for growth This is one of the few areas that are proving to be a good place to be I think there may be some more upside, but there was commentary though about how the company was running out of room on On the news feed for ads. I mean is that worrisome? I mean does it make you question the growth because with you know two billion users you have to start to wonder? Well, I think the question is not so much the number of users Okay, they're probably running out of head room there But the question is have they reached the limit of their ability to monetize those users and I don't think that's necessarily the case I think they're gonna have to be more effective. I think they're gonna have to be smarter They may have to charge more but running out of users doesn't actually mean that they're Unable to keep moving on their earnings. It just means they got to be a little bit smarter about it so far That's been a pretty good bet and Brad. Do you like fang better than the broader tech sector or the other way around? Generally speaking, I don't investors are looking for growth and certainly the fang stocks are The place to be for growth, but they're paying full price and even more for that. I mean you look at the valuations That's concerning. It's a momentum play at this point It's not a fundamental play and at some point that's gonna change. So you need to be maybe a little bit more selective about your tech sector plays Is that right? I think it's important to make sure you allocate appropriately In other words, don't just focus on the high fliers because they're not always going to be there So take some of your profits reallocate into other more appropriately valued names But at the same time that doesn't mean that the fang stocks are gonna come crashing down It just means you want to be smart about how you play it. Where are those appropriately valued names within the tech sector? I mean, what kind of areas are we talking about? Well, you're starting to see some more focus on hardware You're starting to see some more focus on service companies kind of business infrastructure as Businesses around the economy need to get more efficient They need to start paying attention to upgrading their tech infrastructure Right now the companies that are doing well are more consumer-facing the fang stocks are all consumer-facing Let's start looking at the business-facing companies in that sector. All right, Brad McGillen. We'll leave it there. Thanks so much for joining us Thank you, Scott