This 1 Stock is About to Explode‼️

The AI rally is back for now as Nvidia absolutely crushed earnings having one of the best single days in the market ever. And in this video, I'm going to give you my updated Nvidia price target based on what was reported and what is to come. In my last video, I told you that selling options on Nvidia was an absolute no-brainer. 80% on the cash secure puts in just one night. I also have these 175 leaps on Nvidia that expire in January that are currently up 22%. And based on my Nvidia price target, I'm likely going to keep these and roll them forward. More on that later. I'm also very close to six figures for the month in the swing trading account. We are also seeing software soaring with Salesforce leading the news. Almost 23% in one day as it revealed a partnership with Anthropic, the very company that was supposed to put it out of business. We also have Jackson Hole coming up. So, what is Kevin Worsh expected to say? And I'm going to be telling you about this one stock that in my opinion is getting too cheap to pass up here. And then I'll dive into some of the juicy trade setups that I see right now in the market as well as some options that I want to sell. I want to do more opt option selling in these videos as it's something that I don't particularly cover in the videos. I don't know why. I guess I just figure people would not be interested in it, but it is one of the most active sections in our Discord. So, let's get right into it. Why did Nvidia finally soar for earnings as opposed to just trade sideways or go down as it typically does? What is my price target and what do we need to see for the AI trade to continue marketwide? It's no surprise Nvidia absolutely crushed revenue as well as earnings per share. Earnings per share of 246, up 128% year-over-year. Total revenue 96.2 2 billion, up 106% year-over-year, 18% quarter over quarter with data revenue, data center revenue coming in at 89 billion. The thing that absolutely blew the market's expectations was this forward revenue for for the next quarter for Q3 of8 billion. Nvidia has never come anywhere close to this. All while maintaining extremely consistent 75% margins. No other chip company can do this. Even if you take a look at AMD's gross profit margin, it hovers around 53%. And not only that, but forward year for 2028 growth is supposed to be 70% year-over-year. And remember, they still have a massive $99 billion left under their buyback authorization. So, what is my current Nvidia price target based on what we know from what they reported? Well, currently Nvidia trades at a 28 trailing PE, 25 forward PE. And next year, the projected earnings per share for the entire year, let's just call it around $13. So, if Nvidia does actually produce the consensus earnings per share of $13, trading at a 28p, which is what it currently trades at, puts it at around $364 per share. That would represent almost a 60% upside for next year beyond what it's currently priced at. Now, there are some crazy analysts that even have it at 17 or $18 per share for Ford year 2028. I'm not there yet. I like to go with the consensus estimate anyway. So, these 175 leaps for January that I bought earlier this month, if we do some back of the napkin math, let's just say 364 if that's my price target minus 175, that's an upside of 189 beyond the strike price. I paid 48.87 for these. So min -48.87. That leaves us with a profit of $140 per leap. Obviously, we're talking about options, so you have to multiply this by 100. About $14,000 per leap profit. Now, remember, these expire in 2027, and I paid this much for them. I will likely have to pay more to roll it forward to at least July. So, that's going to eat into this. It's not going to be quite 14,000, but you see why I want to roll these. And although Nvidia is 8% of my total portfolio, I'm up almost 300% on this position, in the swing trading portfolio, I only have four leaps here. So, I may even add to these. And if you want to take your trading to the next level and you want some insight as to how we trade LEAPS, how we day trade futures, how I swing trade options, as well as all of the long-term analysis and long-term buys that I'm doing in the portfolio. And guess what? I go live every single day at market open. In my opinion, there isn't a better resource on the market than this that gives you all of that insight. So, make sure that you tickle that little link that's in the pin comment below. And I'll see you in there. And software is soaring finally super in the green on our now position, up 43% on now, 33% almost on the IGV ETF, which is the software sector. I don't have any CRM, but it is in the IGV ETF. And CRM had a 23% day because it did announce a deal with Anthropic. And not only that, but it absolutely merckked earnings coming with 81% more than expected earnings per share. And this very much reminds me of Google back when it was trading in the 140s. And everyone on CNBC was saying Google is dead because everyone uses Chat GBT. And now Google's sitting here at $340 per share. IGV finally broke out and it looks like it might head to all-time highs of about 118. Now, I'm fully prepared for service now to potentially get rejected at this trend line here at 140. Not only that, but if you take a look at gamma, most of the gamma in the short term is concentrated in that 140 range. However, from a fundamental perspective, looking on Alphascope, there isn't a stock that there aren't too many stocks that are better than Service Now here. If you're if you're taking a look at its revenue projection, its gross profit projection, it's currently trading at 71% gross profit margin. Look at its IBIDA here. And it has an extremely respectable rule of 40 score at around 55%. Not as impressive as Apploven or Palunteer or Google or Microsoft, but it's up there. All right, we have Jackson Hole coming up this week. Now, here's a contrarian view. Because Kevin Worsh was perceived as being hawkish, the last two FOMC's and this here is not considered an FOMC. I think that he is potentially going to be perceived as dovish or at least neutral. Remember that he was appointed by Trump and this is not a an official FOMC. So, I think that there there is less pressure for him to try to speak in an official capacity during the Jackson Hole Symposium. I could be totally wrong, but that's my projection. And ironically, last Jackson Hole was a really green day in the markets. The NASDAQ was up 1.5%. And it rallied from Thursday before Jackson Hole to the following Thursday straight. So, this idea that Jackson Hole means the market's going to crash is not necessarily congruent. Although Kevin Worsh could absolutely say something to make the market crash. All right, let's talk about the stock that in my opinion is getting too cheap to pass up here when looking at its fundamentals. And that stock is Applovin. I don't own this currently. It is part of the IGV ETF. You could see here that AppPL is what percentage of this? It is 2.56% of the IGV ETF. So, I do have some exposure through there, but I don't have any direct exposure. Now, here's what's starting to look interesting to me is that if you take a look at its forward PE, it's cheap at 154 PE, especially for a company, a software company that trades at a rule of 40. That that's that high. Again, it it has one of the highest rule of 40 scores in the entire market along with Palunteer. And depending on what metric you use, it's going to be between 116 and 137%. So one of the ways that you can calculate a rule of 40, I've talked about it real quick, but if you take the margins plus growth, so in this case, if you take the EBITDO margin of app is 84% plus 53% year-over-year revenue growth. Return on invested capital, there aren't many stocks that are at 64%. As a matter of fact, even if you take a look at some of the excellent stocks in the market, Nvidia is considered one of the highest at 59%. But if you take a look at something like Meta, it will hover right around the 17% range. If you take a look at something like Microsoft, it will hover around the 21% range. And these are considered excellent. So Apploven is on par with an Nvidia in terms of return on invested capital at 64% 5-year revenue kagger 31% compound annual growth on revenue again trading at a 15 forward PE all-time high gross profit all-time high revenue all-time high IBITA all-time high net income as well as all-time high earnings per share currently the market cap is only 105 billion if we compare Compare this to to some other software tech companies. You can see that Palunteer is currently trading at $426 billion. If we take a look at Service Now, you can see this is trading at $143 billion. If we take a look at Salesforce, you can see this is trading at $26 billion. Not only that, but Apploven is down 58% from highs and it is very close to completing what we call a sell model here where a company has an entire distribution back to where it started. Now, there is a dangerous level here at the 200 level. But from a long-term perspective, cuz remember this is long-term. We're not talking about a trade here. Apploving fundamentals, especially with the recent surge in software, I think it's a matter of time before app loving starts getting a run again. Now, there's two ways you can go about this. You could dollar cost average partially here and if it drops a little further, you could dollar cost average some more. Or you could just wait to see if Apploven actually breaks. If we change this to logarithmic, you can wait to see if apploven actually does break this trend line here before jumping in uh your first trunch of investing. But again, this is not a trade. This is solely based on the fundamentals that we see here on Alphascope. And we haven't even looked at its PEG of 0.292. The lower the PEG, the better because it signifies that the stock is actually undervalued. And if we compare this PEG to other software companies like CRM is trading at above 1. Uber's trading at a 7.25. This is price over earnings growth. Service Now is even trading at four. So this is why I'm saying app is starting to get to levels that in my opinion are way too cheap. Does it mean that the price can't drop a little more? No. This is a long-term perspective here. And a stock that's that's this beaten up will take a little bit of time to come back. If you look at CRM, it was the same exact way, right? CRM was if as a matter of fact, it does have a very similar as as we we just called it distribution pattern or cell model where we complete the entire pattern here from start to finish in a distribution pattern. And it took a while before CRM actually started getting going. And now CRM from the bottom is up 73% within a what seems like a short amount of time. But this spent a lot of time getting destructed. And if you miss something like a service now or an IGV or CRM or a Palunteer, which is almost back to 200, then look into Apploven and see if it jives with your investing plan. And if you don't know what Apploven does, I guess I should have started with that. It's a digital market marketing company that helps businesses scale based on targeted ads. Obviously, you can go down the rabbit hole of what they do, but they have a tool called app discovery, which as I said is related to targeted ads, ad monetization as well. They have an AI engine that predicts user behavior in order to maximize profit for advertisers that want to pay for advertising. And another stock that I think is too too cheap here that I've talked about before is Broadcom, but we can go over Broadcom in another video. So, real quick, what trade setups am I looking at right now and what options am I looking to sell here? There are a couple of trades that I have on my radar if we get a breakout. So, Bloom Energy, it it's right on this trend line. If we get a breakout of Bloom Energy, this is one of the things that I want to see from the AI trade is is different sectors of the AI trade or the AI market. I want to see them break out. So, Bloom Energy is one of them. If we take a look at Micron, same thing. Memory, right? We want to see memory break out. So, Micron and SanDisk have very, very similar patterns here. But you could see that they broke out of the initial trend line and there we still need to see a sustained breakout over the last trend line for a continuation further. Another trade I'm looking at if Bitcoin holds this weekly above the 100 EMA, then I think that the next retracement on coin is definitely a buy because both coin and Micro Strategy actually outperformed Bitcoin on the last few runs. And in terms of options selling, Amazon has been one of the easiest stocks to sell options on. So I will be ready this week or next week depending on how much of this earnings gap it retraces. I think Broadcom is a great candidate here at this SR level. Now I do have a stake in Intel, but if we do see a rejection and we get below these equal lows in this gap, then not only will I think Intel is an extreme buy the dip situation, but also we'll be prime for option selling. And I think Google at the 200 day is a no-brainer as well. Anyway, traders, if you want to go live with us every single day at market open, you want access to the swings as well as the leaps and my long-term analysis. Link is in the description below. Make sure you get an account on Alphascope. No credit card required for a trial on that. In my opinion, the absolute best fundamental platform on the planet. The point of it is to get you the most concise info as quick as possible so that you can make your best investing decisions. Let me know in the comment section below what stocks are you interested in here. Did you make a killing on Nvidia? Are you in it? Are you waiting? What do you think about Michael Bur going long as a hedge on Nvidia? Subscribe to the channel. Hit that notification bell. Stay safe out there, traders. Peace.