jeff kilburg joins us. >> thanks, kelly great to be here. >> let's start with palo alto, up 50% in the past year. it had the big drop on earnings a quarter ago. on pace for the fifth straight up week after the losses from the april billings decline you like the stock here. what would you do with it? >> i do. i want to be a buyer here, but you're absolutely right, kelly, we have seen back-to-back, tough earnings call, down 30% on the previous earnings report down 10% this week it is clawing back, up about 3% today. i think when you think about the transition, the reasoning, why they've seen the stock price move lower, is the platformization. i know it's not a word, but they want longer-term customers the bundles customers, there's only 900 now, their goal is to have 2,500 that business longer term is going to help them they are the biggest cysign cybr security company out there, bigger than crowdstrike. you can own crowdstrike, too look at the three-year chart pa palo alto is the better concern long term. >>

for more, let's bring in jeff kilburg. he is a cnbc and pro contributor. ect his big tech profits. jeff, let's get into it. what is your "wex" word of the day? >> my "wex" word of the day is waiting. you know, frank, waiting is the hardest part according to tom petty. that will dictate short-term market direction. >> waiting is the hardest part. we wait for the report on wednesday after the bell. do people want to take profits? nvidia has had an incredible rur run-up this year. are you advising to take money off the table? >> it is a consideration. you have seen nvidia up over 500% from january of 2023. to reduce exposure makes sense. this allows us to put in a portfolio hedge. it is like buying insurance. nvidia has high expectations. they are not giving you any reason to hedge. not one is suggesting to sell. that seems too complacent for me. >> i want to touch on the s&p 500 price target. you have 5,300. you are higher from the survey. how important or meaningful is the price target? if we get a blowout nvidia report, does that change your view for the ye