Thoughts on US Stocks
Hi Guys, Could I please get your thoughts on GOOGL, NVDA & OKLO. Looking at opening a position in these 3 stocks and just wanted your opinion and possible entry levels. Thanks.
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Answer
Hi Neil,
Some big names here with Alphabet and Nvidia reporting later this month, followed by OKLO in March suggesting some volatility is around the corner.
Alphabet (GOOGL US) – We own this stellar performer in our International Equities Portfolio, the stocks more than doubled in under 12-months aided by its September-quarter result which comfortably beat expectations, underscoring the company’s broad-based growth and the accelerating contribution from AI-related products.
It’s always hard to know how to buy/accumulate high-flying stocks into a result, we generally feel it makes sense to leave some $$ to average into dips with the $US300 area looking a great entry into Alphabet but another impressive result could just as easily see the stock surging above $US350. MM is long and bullish Alphabet from around $US330
Nvidia (NVDA US) – this global leader in AI and accelerated computing, designing GPUs and full data-centre platforms that power everything from machine learning and cloud infrastructure to gaming and autonomous systems. The stock has traded sideways for the last 3-months as the $US4.7trillion behemoth continues to deliver phenomenal results – last quarter revenue leapt +22% to $US57bn.
The companies become a political football between the US and China but it’s hard to argue with the numbers. We like NVDA around $US190 with major support coming in below $US170.
Oklo Inc (OKLO US) – the lesser-known company of the trio, is a U.S. clean-energy company developing advanced small modular nuclear reactors (SMRs) designed to provide safe, cost-competitive, and low-carbon power for grid and industrial applications.
We’re big fans of the future for this space believing the stock looks good below $US95 after retracing sharply from its 2025 high after the company authorised a ~US$1.5bn “at-the-market” (ATM) share offering, it basically gave itself permission to sell new shares into the market over time (usually in small parcels, whenever management chooses).
