HUGE Move Coming for 3 Stocks?

Stealth Wealth Investing•May 5, 2026

Summary

Luke focuses on the 'race to $5 trillion' among the Magnificent Seven, emphasizing that fundamental earnings are more important than popular market narratives. He believes the market is currently in a bull phase where records will continue to be broken, and he dismisses the 'sell in May' strategy, suggesting instead that investors should use dips to load up on shares. Luke highlights a bifurcation in the market where some tech giants are pulling away from the rest due to their superior ability to squeeze profits out of their respective ecosystems.

His market outlook is highly optimistic, noting that geopolitical conflicts often create irrational fear that savvy investors can exploit. He argues that the resilience of big tech companies allows them to pivot and handle economic shifts better than most, making them reliable long-term holds. He specifically mentions that he ignores technical charts and election cycle trends in favor of buying individual stocks based on their bottom-line performance.

Apple (AAPL): Luke highlights Apple's record March quarter with $57 billion in iPhone revenue, surpassing the market cap of companies like Chipotle in just three months. He believes Apple's hardware-focused leadership will allow them to dominate the AI era by leveraging their massive 2.5 billion user ecosystem. He views recent price drops as 'easy buy the dip' opportunities.

Alphabet (GOOGL): Luke describes Alphabet as a 'fortress business' that remains absurdly profitable across all verticals. He points out that despite the narrative that ChatGPT would kill search, Google's search revenue has actually seen double-digit growth. He mentions having bought shares when they were under $100 and again in the $150 range.

Nvidia (NVDA): Luke suggests that Nvidia might be the best bet to reach $5 trillion first because they are the primary recipients of the massive capital expenditure (CapEx) spending from other tech giants. While other companies take a hit to their margins by spending on infrastructure, Nvidia profits directly from that spending.

Amazon (AMZN): Luke notes that Amazon was 'in the dog house' for a while but has since turned a corner. He mentions focusing on buying Amazon at the beginning of 2024 because the business was crushing earnings while being disrespected by the general market narrative.

Mentioned Stocks

AMZN

Sentiment: BUYAction: BOUGHT

Reasoning: Luke mentions that he bought shares at the beginning of 2024 and late last year. He believes the stock was unfairly disrespected by the market despite strong earnings performance and is now turning a corner.

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NVDA

Sentiment: BUYAction: BOUGHT

Reasoning: Luke includes Nvidia in the group of stocks he 'gobbled up shares' of recently. He predicts it could be the winner of the $5 trillion race because it benefits from the massive capital expenditures being made by its competitors in the AI space.

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GOOGL

Sentiment: BUYAction: BOUGHT

Reasoning: Luke mentions buying Alphabet shares recently and in the past (under $100 and at $150). He argues the 'ChatGPT killing search' narrative was false, as search revenue continues to grow at double digits, making the stock a top contender for the $5 trillion market cap race.

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AAPL

Sentiment: BUYAction: BOUGHT

Reasoning: Luke explicitly stated that he 'gobbled up shares' recently. He views the stock as an easy 'buy the dip' opportunity due to its record-breaking hardware revenue ($57B in iPhone sales in Q1) and its massive user ecosystem which provides a unique moat for AI monetization.

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