The Big 3: CIEN, SLB & ADBE
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The market is at a crossroads, with tech stocks surging on AI optimism but facing growing uncertainty as earnings season heats up. In this episode of Trading360, Jason Brown, stock market expert and author of *Five-Year Millionaire*, presents three high-conviction trades centered on AI infrastructure and energy resilience. Ciena (CIEN) emerges as a stealth AI play, benefiting from explosive demand for optical networking in data centers, with a $7 billion backlog signaling real momentum. Schlumberger (SLB), repositioning as a critical enabler of AI-driven energy needs, offers a bullish long-term bet despite near-term geopolitical headwinds. Meanwhile, Adobe (ADBE) faces a stark reversal, as its subscription model is being challenged by AI-powered tools like Canva, CapCut, and even ChatGPT, leading Brown to take a bearish stance. The episode underscores a pivotal shift: the AI narrative isn’t just about GPUs and software—it’s about the entire infrastructure ecosystem, from connectivity to energy, and the companies that power it. Brown’s trade structures emphasize patience, risk management, and strategic timing, using long-dated options to ride trends while protecting against sudden reversals.
Ciena (CIEN) has a $7 billion AI infrastructure backlog, signaling real demand beyond hype, making it a high-conviction sleeper play in the AI supply chain.
Schlumberger (SLB) is a hidden AI infrastructure play—its oil and energy expertise is now critical for powering data centers, offering upside to $80 despite near-term Middle East disruptions.
Adobe (ADBE) is under existential threat from AI tools like Canva and ChatGPT, which are outperforming its legacy suite, justifying a bearish trade with a 260 strike put expiring December 2026.
Use long-dated options (e.g., January 2027) for AI plays like CIEN and SLB to allow time for trends to unfold and reduce the risk of premature exits.
Always scale into positions: take 10–30% initially, then add on pullbacks, and keep contingency capital for worst-case scenarios.
…and 3 more takeaways available in PodZeus
Market Pulse: AI Surge & Earnings Anxiety
Marlee Kaden opens the episode with a market update, noting record-breaking action and a rebound to all-time highs. Jason Brown highlights that while tech is roaring on AI optimism, the market remains at a fragile inflection point as earnings season begins and geopolitical tensions are temporarily sidelined.
Ciena (CIEN): The AI Connectivity Sleeper
“This company is pulling in some very interesting numbers. And when you think about AI workloads, they need massive connectivity. And this is the company that is bringing it to you.”
Schlumberger (SLB): Energy Meets AI Infrastructure
“The AI trade needs electricity. Electricity increasingly needs gas and grid and infrastructure and engineering. And that's where Schlumberger comes in.”
Adobe (ADBE): The AI Disruption Bear Case
“I think their crown is being challenged. You got CapCut, you have Canva, you have so many different apps even AI, ChatGPT is now creating images better than you can create using these softwares and doing it manually.”
Trade Strategy & Risk Management
Brown emphasizes patience and structure: scale into positions, use long-dated options, and set clear 'I'm wrong' levels. For SLB and CIEN, he uses January 2027 calls; for ADBE, he recommends a December 2026 put with a 220 break-even, adding half the position now and the rest on pullbacks.
“And I really think that's being challenged. You got CapCut, you have Canva, you have so many different apps even AI, ChatGPT is now creating images better than you can create using these softwares and doing it manually.”
“The AI trade needs electricity. Electricity increasingly needs gas and grid and infrastructure and engineering. And that's where Schlumberger comes in.”
“The same thing with almost anything that happens with geopolitical tensions is... Is it going to last forever? And the answer is no.”
Host
Guest
Ciena
organization
Schlumberger
organization
Adobe
organization
Jason Brown
person
Marlee Kaden
person
Rick Ducat
person
Nvidia
organization
Canva
organization
ChatGPT
product
CapCut
organization
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