NVIDIA Corporation (NVDA)

Won't buy it here. She owns little semis. NVDA leads in this space, but more competition is coming. The big question: how long can their growth continue?

Lots to talk about regarding quantum computing, as it's one of the main foundational picks & shovels. Has come out with quantum platform for developers. Will really excel in the quantum space. His price target is $273. Yield is 0.02%.

What we heard from Alphabet and TPUs and Amazon with Trainium (their own AI chips) flies in the face of Nvidia being the stock to buy now. NVDA is supposed to go parabolic after it breached $200 recently, but he's less confident in NVDA's level of demand because of competition.

Has huge momentum, the biggest chip company in the world that's driving the markets. It just set a record at $213 and is now $199. Come on--it's right in front of your face. Demand is outstripping competition.

You'll probably get a better price by waiting a couple of weeks. But better to own it here than to miss it.

He has a full position (8%). Consolidated, now heading up. Has become a very diversified company.

If you own it, sell some short-dated calls against the $207-210 level. If we can get a weekly close above $207, thinks we're off the the races.

Could buy some here, more at $186, and your final piece around $176.

He's watching it, but hasn't bought, because his entry point is more than 10% lower than today's price. He's concerned about helium, crucial to produce semiconductors, but 25% of helium transits the Strait of Hormuz. If there's a big shortage of helium, how will that impact NVDA's production? NVDA is a great company, but their competitors could catch up.

The technicals look terrible, with the 50-day moving average sloping down and could cross the 200-day into a death cross. But the fundamentals are terrific and the stock is undervalued. Short-term, there are no catalysts.

Along with AMZN, looks pretty compelling here.

Lots of smart people out there have memories of 2000, the buildout of fibre optics, and  JDS Uniphase on the other side. And they're asking whether we're at peak demand. He really doesn't think so.

AI is just changing everything. Everyone's trying to figure out the terminal value of software companies. This is a world of haves and have-nots -- some companies will be here, and some won't.

But one of them that's going to be is NVDA. Growing at 38%, and PE is 22x earnings for 2027. Belle of the ball. Really good buy. Cyclical story, and there will be a time to get off. But we're not there yet.

From a technical perspective, the MAGS ETF is trading below the 200-day MA, with relative RSI weakening. This group is less attractive, and still over-owned.

He's still holding this name, as it's one of the strongest of large-cap tech. Across the firm, they have a 7% technology weight. That's extremely underweight.

Nvidia gets cheaper and cheaper in terms of PE as shares have risen 50% in the past year, and the market will probably cap shares at $200. 

Their last two quarters were incredible, but she continues to sell calls with a strike price of $200, because they stock can't get above that. But she expects to hear about their new chip at Monday's GTC, which is 5x as fast, and to hear about the future of AI.