The Joseph Carlson Show Super Investors Keep Buying These Stocks
8 snips
Feb 20, 2026 A tour of which stocks top investors were buying in Q4 2025 and where bargains may now exist. A deep dive into Bill Ackman’s big Meta move and his shifts between Google and Amazon. A look at Moody’s case for why AI will not replace its business. Reactions to Booking Holdings and DoorDash earnings and a humorous take on an awkward AI summit moment.
AI Snips
Chapters
Transcript
Episode notes
Meta As A Cheap, Growing Moat
- Bill Ackman's buys show conviction in Meta as a cheap, fast-growing business despite heavy CapEx.
- Joseph Carlson agrees and calls Meta a wide-moat opportunity trading around 22 forward PE including Reality Labs.
Selling Winners To Redeploy
- Ackman trimmed Google after big gains and redeployed capital into Amazon.
- Carlson views the trim as reasonable but thinks selling Google may have been slightly premature.
Amazon's CapEx Is A Growth Lever
- Ackman bought Amazon citing durable scale and margin expansion potential despite CapEx.
- Carlson prefers Amazon, Microsoft, and Meta as best large-tech buys today.