NVIDIA Corporation (NVDA)

They have the most advanced chip on the market that nobody can replace.

It boasts five straight quarters of triple-digit earnings growth. The stock continues to strengthen. They last guided $32 billion on data centre revenue vs. the street's $31.7 billon. If they come in above their guidance, this stock should be okay. But remember that NVDA has a history of sharp drawdowns even when they report a beat. Last August, it fell on a very short bear market. Be aware of that. You must accept that volatility.

It reports next week. It remains her largest position, despite regular trimming. NVDA will continue to increase until they eat into the backlog sometime in the future.

Huge momentum stock because of demand for chips to build large language models. Close to 40x PE, but growth has been pretty substantial. Concerns about how much capital the cloud companies are spending on chips, scaling might be hitting a wall. Should be more clarity on that in next 6-12 months. Don't chase.

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.