Agentic Picks and Shovels

The idea

I think AI agents move from demos to real spend over the next year or two, so I own the toolmakers that get paid either way: AMD for the server compute agent workloads run on, Cloudflare as the network they route through, Palo Alto for the security layer that lets software act on its own, and Shopify as the checkout rail agents will buy through. I hold all four at an equal 25% cap with no cash reserve, so this is fully invested and concentrated on purpose. That also means any one earnings report or piece of news can swing the whole basket hard, and there is no spare cash to add on weakness.