NVIDIA Corp (NASDAQ: NVDA) has had quite a week!
After sustaining nearly four weeks of gains, the stock got a further boost after the company announced Tuesday that it will supply semiconductors to a major Saudi AI company.
Take a look at NVDA’s recent chart:
NVDA One-Month, Hourly Candles Chart; SteadyTrade
And that’s not the only major announcement from NVDA’s CEO Jensen Huang…
Very soon, he’s going to trigger an event that could change everything…
Fortunately, my colleague and legendary trader, Tim Sykes, has a handle on it and knows exactly what you need to do BEFORE this happens.
Find out in his video below…
Seeing NVDA’s recent run makes me a little nostalgic…
Why?
I remember back to August of 2023, when IRIS, our swing trade bot, first spotted NVDA and made a “buy” recommendation.
Here’s what it’s done since then…
NVDA 3-Year, Daily Candles Chart; SteadyTrade
It’s certainly had its ups and downs since that first IRIS call, but NVDA is a constant on my swing trade AI watchlist…
If you’re a swing trader, you need IRIS in your corner. It harnesses the power of AI to spot winning swing trade stocks.
It also delivers daily watchlists, alerts, and everything you need to level up your swing trading game.
Check out IRIS, the swing trader’s best friend, right here.
NVDA isn’t the only AI ticker on the rise…
My Current AI Watchlist…Make It Yours Too!
Many AI sympathy plays have ridden the coattails of NVDA’s recent move…
Taiwan Semiconductor Manufacturing (NYSE: TSM):
TSM is a foundry partner for both NVDA and AMD. It’s also a supplier to Apple, AMD, and Qualcomm, making it the backbone of global chip manufacturing.
Much like NVDA, due to its high price and float, TSM is a swing trade candidate.
If the price is out of your budget, as it is for many investors, consider trading call options on TSM.
TSM 5-Day, 5-Minute Candles Chart; SteadyTrade
SoundHound AI (NASDAQ: SOUN):
SOUN develops voice-enabled AI products and has partnered with some major automakers.
Last year, the company announced a strategic collaboration with NVIDIA, giving it major credibility in the AI space.
SOUN is subject to frequent short squeezes, so watch for big pops on volume…
SOUN 5-Day, 5-Minute Candles Chart; SteadyTrade
JetAI Inc. (NASDAQ: JTAI):
JTAI is an AI-enhanced private jet booking platform with data-driven optimization features.
The stock is a low-float former runner that tends to surge on AI hype rather than true fundamentals…a perfect day trade!
JTAI 5-Day, 5-Minute Candles Chart; SteadyTrade
Super Micro Computer, Inc. (NASDAQ: SMCI):
Super Micro builds the AI-focused servers that use NVIDIA GPUs and leads the pack in the AI infrastructure space.
Another swing trade idea, SMCI often, but not always, moves in lockstep with NVDA.
SMCI 5-Day, 5-Minute Candles Chart; SteadyTrade
My Final Thoughts…
Put these names on your watchlist right away.
AI is never going away… It will only keep growing by leaps and bounds…
But the sector moves in and out of favor, so timing your trades is key.
Your best bet for tracking these names in real time?
STT features charting, technical indicators, built-in scanners for finding other names in the space, and much more.
The STT platform has everything you need to stay ahead of the game, all in one place.
And right now, you can get two weeks of both the STT platform and our Breaking News Chat service for $17.
Grab your 14-day StocksToTrade + Breaking News Chat trial today for only $17.
Are you ready for next week? Wanna start it off with a big idea?
I discovered that Monday mornings present a unique pattern that doesn’t exist at any other time during the week.
This Monday setup has brought 100%+ gains…in just one day!*
I’ve studied and perfected this trade, and now I want to share it with you.
Learn it for yourself in my video tutorial below:
Have a great weekend, everyone. See you back here next week!
Tim Bohen
Lead Trainer, StocksToTrade
P.S.
- Check out my blog post to understand AI’s insane growth trajectory.
- Learn more about a trading strategy I talk a lot about during my Pre-Market Prep.
- Day trading requires a certain mindset. Find out more here.