NVIDIA Corporation (NVDA)

Had its day in the sun, which will likely continue for a time. Be cognizant of what percent of your portfolio is in NVDA (higher percentage brings higher risk); his maximum position size is 6%. A number of companies are trying to skirt NVDA and build their own chips. At some point its lead will decline, though no one knows when.

One of the major chip maker names to consider for your portfolio. Adds value to the supply chain.

Already, cash-rich Google, Microsoft, Meta and Amazon talked about spend spend spend, which NVDA which get a piece of. They will crush earnings again on Nov. 20 and will break out into earnings, after basing at $130. At least a few more good quarters lie ahead.

CEO Jensen will deliver on Nov. 20's quarterly report. Buy the news and fundamentals ahead of time. NVDA remain the leader in semis.

Got stopped out around $110 in July as the semis rolled over. If he loves a company, and the technical picture gets repaired, he doesn't mind paying a higher price to re-enter. He got back in at $114. Undisputed leader in the sector. Technical setup is pretty good. Earnings are due in 14 days; he's holding till then, and hopes it doesn't disappoint. Seems that demand is exceedingly strong, pricing looks good. Blackwell problems seem to have faded.

Worries a bit about the sector; if you take AVGO and NVDA out, it's been one of the worst-performing sectors since July.

Is driven by strong demand in AI and are expanding their product line there. Gross margins are projected to widen to 74% through 2027, given rising volumes in high-margin data centres and pricing power. It replaced Intel in the Dow. The street targets $150, or modest 8% upside. It's had a huge run-up this year. Also, the PE is concerning.

A momentum stock and the PE ratio is compelling. Four companies comprise 46% of their revenues, megatech companies preparing for an AI future and spending a lot. His concern is, what happens when these companies feel they've ordered enough chips? The chip business is very boom and bust. NVDA will go higher, but he can't time the top. Can be treacherous. Watch the budgets of their biggest customers.

Like Taiwan Semi-Conductors it consolidated and then broke out. It is a healthy chart so if it pulls back, buy.
Note: The caller wanted to know whether it is better to buy it on the NASDAQ or the ADR version on the TSX. He has no preference but feels that the U.S. dollar probably has upside.

She added more. Is confident. The stock is breaking out now. Next week, megatechs like Microsoft and Apple, will report on their AI initiatives. All roads lead to NVDA who will enjoy ongoing strong demand for their AI chips. When this has sold down, she closed her call positions as a way to play volatility.

How much are expectations already built into the stock? In the past year, it has grown its EPS by 415% and sales by 195%. Investors have gotten used to this eye-popping growth, so he can't understand where future growth will come from. We know there's a global push to use AI, so who's left? It's unlikely past huge gains will happen again, though modest gains can still occur.

Consider seasonality: there will be money managers playing catch up by throwing money at names like this. So, NVDA is likely to go higher along with the market.

There's risk, but short term, and is fine long term. Now, the company is in the sweet spot--it can't meet customer demand. The CEO is smart and will deliver on the quarter.

Last time it reported, actually got all the way down to $95 a couple of days later. One of his largest positions. 12-month price target of $149.85. If it got above $143, he'd probably write some calls. The new Blackwell chip is completely sold out all through 2025, and no one else has come out with a better widget.

It's the darling of the tech arena right now. Don't go all in. Buy here around $139, and try for $125, $115, and $105. A gift if you could ever get it under $100. If it went under $90, get out of the way.