This page tracks every stock Tom Nash has discussed on YouTube, extracted from AI transcription of their 2 most recent videos covering 5 tickers. They are currently bullish on NVDA, AMD, ARM, INTC, PLTR. Each take below includes their stated reasoning and, where given, a price target.
Nash contends the market is fairly valued, not euphoric: forward PE is 20 (exactly the 10-year average), current PE at 25.3 is lower than last year's 28, and the bull run is below average in both duration (4 years vs 5.5 average) and performance (100% vs 265% average). The AI cycle since ChatGPT's release has produced only 150% on the NASDAQ versus 600% for the internet cycle over a comparable period. Earnings are exceptionally strong—87% of S&P 500 companies beat EPS, earnings grew 52% vs 23% estimated, and 10 of 11 sectors grew earnings. The economy is stable with 4% unemployment, 3.5% CPI, and 5% retail spend growth. The Fed has rates at 3.5% with stagnant money supply, meaning rate cuts could further fuel the rally. IPO activity (150 projected) is far below 1999's 460, and market corrections are occurring on schedule. He views the current environment as a broad, sustainable bull market with no signs of imminent collapse.
| Ticker | Action | Why | Target | When |
|---|---|---|---|---|
AMD●●● | buy | Agentic AI and robotics will dramatically increase CPU demand as the CPU-to-GPU ratio moves from 1:12 toward 1:1, and AMD is the most misunderstood beneficiary with 50% annual growth, 1600% operating income growth, a world-class CEO, and the cheapest valuation (17x sales) since 2022. AMD is also selling entire racks (Venice), taking share from NVIDIA's pie. | — | 2w ago |
NVIDIA's revenue grew 106% with 18% sequential growth, guided for 70% more, and its price-to-sales ratio dropped from 25 to 18. At a 25.4 PE and 0.4 PEG, it is literally cheaper than it was two years ago despite being a multi-trillion dollar company.
Agentic AI and robotics will dramatically increase CPU demand as the CPU-to-GPU ratio moves from 1:12 toward 1:1, and AMD is the most misunderstood beneficiary with 50% annual growth, 1600% operating income growth, a world-class CEO, and the cheapest valuation (17x sales) since 2022. AMD is also selling entire racks (Venice), taking share from NVIDIA's pie.
Arm owns the CPU blueprint and is one of three CPU companies to watch, down 40% from June highs. Nash says you can't go wrong with Arm but prefers AMD for its story, fundamentals, and misunderstanding gap.
Intel is one of three CPU companies worth watching, down nearly 40% from June highs. Nash says you can't go wrong with any of the three but explicitly prefers AMD as the best pick of the group.
Referenced as his famous 2020 call; used to illustrate retail psychology where investors wanted it at $200, abandoned it at $120, then chased it at $180. Implied still a quality company but not the focus of this video.
No bearish takes.
Tom Nash argues the stock market is not in a euphoric bubble stage, contrary to doom-and-gloom narratives. He uses multiple data points—forward PE at historical average, bull run length and performance below historical averages, AI cycle far short of the internet cycle's gains, strong broad-based earnings growth, normal IPO activity, and regular market corrections—to conclude the market is fairly valued with room to run. He advocates a disciplined long-term investing system: buy quality companies, hold for years, deploy capital methodically, double down on 20%+ drops, and trim on unrealized profit thresholds.
Tom Nash argues that the next major AI investment wave is in agentic AI and robotics, which will drive massive demand for CPUs as the CPU-to-GPU ratio shifts from ~1:12 toward 1:1. He believes AMD is the most misunderstood and best-positioned CPU play, with strong fundamentals, a top CEO, and the cheapest valuation in years. He recommends slowly building a position via a DCA strategy over the next 12 months.
Based on AI analysis of this creator's recent videos. Theses are paraphrases of the creator's own words, not verbatim quotes. Not financial advice.