NVIDIA Corporation (NVDA)

This was a Top Pick about a year ago, and has been one of his best performing positions over the last year. He really likes semiconductors as a group and technology as a whole, because that is secular growth, i.e., there is change taking place that will go on for a long time. This company is in the absolute forefront of what is happening with things like self driving and Artificial Intelligence (AI). An expensive stock, but in technology, if it is good it should be expensive.

He likes the group. Volumes are riding higher. It would be an aggressive Buy at these levels, but he would continue to hold this, as long as volumes stay strong and it doesn’t really fade too quickly.

This has been rumoured to be a takeover target along with a number of other firms, which hasn’t happened, and the stock has done reasonably well. He likes what this company does. They don’t have many competitors. They make the technology that makes possible what you see visually from the computer. Thinks it is a good stock to own.

Chip graphics. Has owned this in her aggressive portfolios for a long time, and has been regularly taking profits on it. A chip maker in the graphic area, more and more applications. Elon Musk announced that it was going to be central in Tesla (TSLA-Q) going forward, which adds even more excitement. Doesn’t know if you should be buying large positions today. Watch it trade for a while and make sure you really know what is going on before buying a new position. When the smoke clears, it is basically a semiconductor company, and what we pay for a semiconductor company depends on what the product cycles are.

A design platform/video platform, and you could do pretty well here. The stock seems to be trading pretty richly. She doesn’t follow this is much as others, but it is a growing area, especially in the supercomputer design arena.

It has had a parabolic move since the beginning of the year. These moves often result in a move into a consolidation pattern. It is probably over due. It could be sideways pretty soon.

This is in all the right areas. They are in self driving cars, they have the chips for cloud computing, they have the chips for virtual reality and gaming. They have done everything right. He would be definitely interested if there was a material pullback on the stock.

(Market Call Minute.) You would have to have a lot of faith in autos, virtual reality and data centres, because it is at a pretty nosebleed multiple, and trading at 52 week highs. If you believe in all of those things, then this would be a Buy.

(Market Call Minute.) His #1 holding in semiconductors, one of the leading groups in the market.

Model price of $38.52, 5% upside. It is struggling over EBV +5: $31. If it breaks under that, then he would sell. It is trying to hold here. That would be his stop.

Technology sector normally does well at this time of year. Except if you look at SPDR Technology ETF (XLK-N), the overall technology sector in the US, not so much because it is heavily weighted in one stock. But if you look at the subsectors, such as the semiconductors with stocks such as this one, they actually bottomed 2 weeks ago so this is starting to look very interesting. Seasonal strength is between now and the beginning of February.