(This is a wrap-up of the important thing cash transferring discussions on CNBC’s “Worldwide Exchange” unique for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET every day.) Investors are in search of alternatives in cybersecurity {and professional} sports activities, whereas Charles Schwab’s head of buying and selling is trying on the Nasdaq Composite technicals. Worldwide Exchange Pick: Madison Square Garden Sports (MSGS) Chris Marangi of Gabelli Funds stated Madison Square Garden Sports is a price play that provides exposure to skilled sports activities. “They are very few ways to participate in sports assets. MSGS is one of them. They own the Knicks and the Rangers,” stated Marangi. “For less than $5 billion, you own the Knicks and the Rangers, the stock is worth at least double that. … The Dolan’s are not going to sell the company, but they could sell a stake in one or both of those teams. So if they sold say 105 of the Knicks at $1 billion that’s a billion dollars, they could return a quarter of the float.” Worldwide Exchange Pick: Cybersecurity stocks Storm Uru of Liontrust Asset Management sees upside for cybersecurity stocks on the again on Zscaler earnings. “Cybersecurity in particular, we now have threat actors that have increased capabilities, more cyber threats, we also have AI agents that are going to be operating within the organization. Areas of opportunities around the next five years are really around identity, really around cloud protection and also endpoint protection,” stated Uru. Goldman on diversifying away from U.S. large-cap stocks Christian Mueller-Glissmann of Goldman Sachs stated it’s time for buyers to think about lowering exposure to large-cap U.S. equities. “We have had an enormous resurgence of U.S. equities lead by U.S. large-cap tech and a few companies a very concentrated rally. That is predicated on the goldilocks momentum,” stated Mueller-Glissmann. He added he sees a tough path ahead and a situation the place weaker greenback switches from a tailwind for US stocks and earnings to a tailwind. “If the weaker dollar trend resumes it will be good for the large cap tech companies, but when you talk about international investors that are buying U.S. equities, the drag outweighs to some extent the benefits,” he stated. Nasdaq technicals The Nasdaq is buying and selling very shut to its 50-day transferring common a degree that may very well be regarding for the broader tech commerce in accordance to Charles Schwab’s head buying and selling and derivatives strategist Joe Mazzola. “It’s a bit concerning, because the last time we touched the 50 day was back in May,” stated Mazzola. “I don’t think it’s a huge deal if we touch it in balance. I think if we break it then that could be a bigger issues because then we probably don’t have support down until you get the beginning of August where that low was around 20,600.”