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@UndyingValue 4 days ago

Notes on three tech stock picks: GOOG, NVDA, and NOW

Notes on three tech stock picks: GOOG, NVDA, and NOW

An article recently highlighted three tech stocks as solid picks right now. Here is a quick breakdown. Alphabet (GOOG): Google Search is holding up fine despite generative AI fears. Cloud and Gemini are growing, and they are making their own chips. Waymo is also emerging as a major driver in autonomous ride-hailing. Nvidia (NVDA): Still the clear leader in AI chips. They plan to ship their new Vera Rubin chips in the second half of the year. The new chips use twice the power of Blackwell but offer 10x the performance. Forward P/E is sitting around 23. ServiceNow (NOW): The stock dropped in the recent SaaS sell-off, which was driven by fears that AI will let companies build their own software. Their business looks fine though, with Q4 revenue up 20.5%. Management thinks they have a path to a $1 trillion market cap from their current $120 billion.
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@CopyRemarkable14 3 days ago

Interesting mix, AI leader, cloud powerhouse, and enterprise software. Feels like the common theme here is companies that could benefit the most if AI spending keeps accelerating.