Parkev Tatevosian, CFA on $NVDA (Nov 2, 2026)
Nvidia is the speaker's second largest position and he would add more near current prices: he sees fair value at $345 against a $205 market price and great upside ahead, since its GPUs plus software are an unbeatable advantage no competitor has approached. The offset is that Amazon, Meta, Microsoft and Alphabet are building their own chips as lower-cost alternatives to Nvidia.
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The next stock I will highlight as one of the top nine stocks you can buy right now is Nvidia. You mentioned that Amazon and Meta are spending hundreds of billions of dollars on artificial intelligence.
Much of this money goes to Nvidia for its graphics processing units and AI technology suite . It can be said that the company is at least one step ahead of its competitors. If you told me that she was two steps ahead of the competition, I wouldn't argue with that statement.
The company's graphics processing units, coupled with its software, give it an unbeatable competitive advantage that none of its competitors have been able to come close to .
However, Amazon, Meta, Microsoft, and Alphabet are investing in creating their own chips as an alternative to Nvidia . Not to outperform Nvidia in advanced technology, but to provide an alternative for its customers at a lower price to obtain similar technology at a lower cost.
By the way, I will be doing a live stream to cover Nvidia's results later in November, and it will be available exclusively to channel members. I've already finished this earnings season, and I have more to come, including Nvidia later in November.
I calculated the fair value of Nvidia stock at $345. The current market price is $205. I see great upside potential in the future. Nvidia is one of the biggest players in my investment portfolio.
I believe it is the second largest position in my portfolio, and I am interested in adding more if prices remain anywhere near these levels.
What this channel has said about $NVDA
Parkev Tatevosian, CFA has 25 calls on this stock; only the adjacent ones are shown.