A Few Excellent Stocks Trading at or Near Fair Valuation that are Worth Adding to Positions.... [AMZN, AMAT, NVDA]
I will be adding modestly to my current positions in the following stocks that are trading near fair valuation that have strong growth projections: Amazon [AMZN], Applied Materials [AMAT], and Nvidia [NVDA]. My goal is to buy high quality growth stocks (especially tech/AI related) at a reasonable price that have significant upside potential over the next 2-5 years and longer. Regarding Amazon, here is a 10 year chart of it's performance with analyst projections through FY2027: The black trace is the history of the stock price up to the present. The price has generally been following the black "current valuation" line pretty well. The red line is a projection for the next two years given the stock price continues to follow the "current valuation" line. It shows potential for the stock to hit $365/sh by the end of 2027. This is very close to the numbers from my June 27, 2025 article on AMZN. This would represent a total ret...