tom bergeron is getting ready to drop the mic tim and melissa, what do you think?n a winner. >> this is ai. wow, this move is ai >> this move is outperforming the s&p by 23% you can't stop you can only hope to contain microsoft. i feel like it's had a massive run, but we haven't heard about any weakness in enterprise maybe you're not going to. i think this has had their best days from a stock draft perspective in the last 12 months >> interesting well, all right. >> i mean, it's hard not to agree. it keeps getting better. let's turn to tom bergeron warner brothers discovery, you're cautiously optimistic cramer liked it. what's your second pick? >> i'll be interested if cramer likes this one i'm going with gold. >> oh, gold? >> we have a recession, a soft landing, god forbid the stock market goes in the crapper, you want hunks of bullion. >> we have crypto, tom no love for crypto why not oil? >> i almost went crypto instead of gold. i don't understand it at all i have no idea i watched a whole documentary about crypto and all i got was a migraine. >> some would say

richard bernstein and ron is a cnbc analyst, and he was the partner of tom bergeron yesterday on ourclear rich, welcome. >> thank you i'm not a guru by the way. >> i hate that word. guru rich, you can be a guru. you can be a swami, whatever you want why is it not good in your view for the market to be as concentrated as it is? >> what people forget is when you're at the beginning of a bull market you have a broad economic advance that favors a lot of companies, a lot of companies benefit from that. i as the cycle goes through, you go through survival of the fittest. as the cycle gets older and it decelerates, we go into narrower leadership because fewer companies can grow that would be fine if the earnings picture wasn't so bad the earnings picture is good, in fact, credit swiss pointed out that value stocks are surprising more and higher than growth stocks yet we're seeing this narrow leadership that suggests this is mostly speculative. >> how do you react to that, ron? >> i don't disagree. it's difficult for me to assess which cycle we're. it seems like we're in the beginning of th

. >> and number eight spot goes to the mic drop himself, tom bergeron >> oh, fun >> and if you missedand now the next pick goes to tory dunlap and financial feminists. >> very good awesome. >> and then moving on, the next one is the scarlet knights respect , rutgers invest the club. cheerleaders were here last year always a fun thing and then own and not lone, dk metcalf from the nfl >> there we go >> and then moving on herej mosley from the jets >> jets fans are cheering. >> and then house of kings, ndamukong suh. only two left here this is number two that is erica sullivan, sully superstars which of course means number one is woo charlotte claire >> nice, the wwe superstar will kick off the live event. thank you for being here >> "closing bell" starts right now. >>> and welcome to "closing bell" on this\friday i'm scott wapner live from post nine this make or break hour begins with a look ahead to the biggest and most important week of earnings season yet. microsoft, meta amazon, all reporting. and stocks are pacing for their firs worst week in more than a month. and so is the rall