NVIDIA Is World’s Largest Stock Yet Still Undervalued

00:00 Caroline

Obviously, it’s uh not the most unique name on the list, but what convinces you that Nvidia still has more room to run from here?

00:09 Speaker B

Yeah, so this one in a sense kind of baffles me to some reason, Caroline. It’s the number one stock from a market cap standpoint in the world. It’s the largest, and it’s undervalued relative to the market on the PE ratio. And so I think that’s very attractive. You know, when you’ve got Nvidia at the epicenter of everything AI from GPUs to CPUs, to build outs. I’ve got a good friend in the industry that’s now using the term BOJ, which most people think of Bank of Japan, as the Bank of Jensen.

01:05 Speaker B

And here you have Jensen, if you listen to his last earnings call, he essentially was saying his free cash flow, Nvidia’s cash flow is going to get better next year because they’re making all sorts of investments this year. Where is he making investments? Startups, private companies. So, to me, if you have the top CEO with regards to the number one stock from a market cap standpoint out there investing in private markets, access is the new alpha and you know, some investors can get access to private markets for, you know, their portfolios, but you don’t necessarily need that in this day and age when you have again Nvidia out there giving you access to private markets from all of the startups and um acquisitions they’re making to help insulate themselves in the build out. The…