NVIDIA Corporation (NVDA-Q)

Is -19.29% for the first quarter of 2025. NVDA often has these hideous declines, but historically it often bounces back, though this drop is lower than others.

He targets $174 over 12 months. They make a ton of money and have tremendous margins, and are deploying that cash into robotics and Agentic AI. It's not only about their GPUs.

He believes in the new AI-powered industrial revolution where everything needs NVDA's GPUs. However, he sees shares coming down from here, and tonight's tariffs make it worse. Trades below 25x PE this year is cheap. Expect turbulence.

He believes in their earnings. AI chip spending will rise when NVDA rolls out a new chip next year. He's concerned about the death cross on its chart though. He needs to see the stock break out.

Forefront of AI revolution, which is in early innings but a long game with fits and starts. Technological superiority. DeepSeek started the uncertainty, bringing into question the capital spend by hyperscalers. 

Big run, but earnings have moved along in step, so PEG is actually less expensive than before. PE has contracted to high 20s, earnings expected to grow at a similar cadence for the next 3 years. Pullback is buyable.

It's a $3T company now, so you're not going to get the same returns as the last few years. Fundamentals are sound. Sold out for this year. There is a threat with A6 custom chips, which will have to be looked at for 2026 and beyond.

It's fine, but there are other ways to play the AI trend. You should diversify and have a basket of names. Early winners are typically infrastructure names like NVDA, but as the sector makes progress, other names will build on what the early movers provided.

What we heard from CEO Jensen Huang at the current tech conference is what we've heard in the several past quarters: there's insatiable demand for AI, and NVDA is the middle of this and it's good for the company. We heard nothing new. He's surprised shares are not even higher today (they are bouncing). The modest share increase isn't tied to NVDA, but tied to the fact that the market has been oversold. That said, will this bounce continued into the close and beyond? The market is in no man's land.

Jensen Huang made a positive announcement at the tech conference and shares are bouncing today, but he's surprised the response is not bigger. It's muted, but is an omen for the next few weeks until the April 2 tariffs that Trump plans. Tech is up today, but down for the past several weeks. Wait and see.

The market is in no-man's land given Trump's tariffs, but NVDA is up today (after the CEO spoke at a tech conference) is that they are supported by a great product pipeline. Macro, we're waiting for news and valuations are a little high.

A tough question. Chips are highly cyclical. He was cautious on this when it was soaring given its high valuation then and the future was cloudy--what is the evolution of AI? We're starting to see questions on that. Is investment in data centres an overreach? He's on the sidelines.

What's important today is that they have a big conference this week. On a 1-year chart, you can see for the last 3-4 months that it's been chopping around, not doing much of anything. While that's not bearish, it's certainly not bullish.

To get to the next leg up, it'll take even better news than the market's expecting. DeepSeek indicated that maybe we don't need as many of these chips as we think we do. INTC is a turnaround story. Lots of uncertainty, and it'll take a lot to lift this stock and others.

He added more. It's cheap vs. its history, as long as its earnings hold up. There's no competitive threat or threat to exports.

Recently purchased. Cheap at 25x forward PE, 31% growth rate, meaning PEG ratio is below 1 (rare in the tech space). Sentiment's changed on tech. Drop of 25-26% from previous highs, trading bit below 200-day MA but that's still trending higher. Will lead when market recovers.

He called this one a sell last year, and his opinion hasn't changed even with the pullback. FMV is 60% lower than where it is today. Pattern: goes up, pulls back to FMV, rinse and repeat. AI stuff is overbuilt. Chairman likes to over-hype.

Wonderful product, but it has to be used to make $$. And the people using AI to make money are few. There will be more down the road, but we need to wait. Risky.