$NVDA
This is what you are buying when you buy a share of Nvidia...
I heard this today and could not stop thinking about it.
Jensen describes the sophistication that is required in designing chips, creating them, delivering them to customers, installing them in datacenters, and more.
He argues that there has not been a company since $IBM that was faced with this much technology and investment in order to push the entire world forward with demand that is spanning throughout the globe in EVERY single industry.
The stock trades at 27 times forward earnings.
Costco and Walmart, amazing companies, are both more expensive than the name that is fueling the AI revolution and brings home 55 cents on every dollar of revenue as net income.
This has been my main Mag 7 pick for the year in terms of establishing exposure to big tech and it's just getting harder to imagine a world in which AI matters but $NVDA is not more valuable than it is today.
Senator Cory Booker has broken the record for longest floor speech in U.S. Senate history, after speaking for over 24 hours.
Booker’s speech is protesting the actions of the current Trump administration.