Top 20 Investing; Only The Best Will Do

A subscriber has asked for the names of my Top 20 stocks (now 26). They are:- QQQ3 (QQQ3), Crowdstrike (CRWD), Credo Technology (CRDO), Broadcom (AVGO), Oracle (ORCL), Robinhood (HOOD), Palantir (PLTR), Nvidia (NVDA), Strategy (formerly Microstrategy, MSTR), Sezzle (SEZL), Meta Platforms (META), Dave (DAVE), Coreweave (CRWV), Spotify (SPOT), Netflix (NFLX), Microsoft (MSFT), Taiwan Semiconductor Manufacturing (TSM), Roblox (RBLX), Coinbase Global (COIN), Futu Holdings (FUTU), Constellation Energy Group (CEG), Alphabet (GOOGL), Sea Limited (SE), GeneDX (WGS), Arista Networks (ANET) and Applovin (APP).

This is a sexy group of shares which should produce some huge winners. They are also ideal for staggered investment programmes, regular investing, buying on buy signals, buying into sharp dips, whatever. I expect all of them to reach new highs in due course, even after sharp periods of weakness.

The common factor in these shares is strong underlying growth, a great story, great long-term charts, some intangible magical quality (as perceived by me) and outstanding leadership. The US is an elite stock market by global standards, and these, in my estimation, are the best of the best, stocks capable of adrenaline-tingling growth and full of surprises.

QQQ3 is an ETF, not a regular company share, but comes with built-in leverage, nominally three times the Nasdaq 100 index, but actually more because of the daily rebalancing. It also has a tendency to depreciate; other things being equal, it will tend to be lower over time, which is why the index is hitting new peaks but QQQ3 is not yet doing the same.

However, it has one miraculous quality, judging by the chart. When it falls, even when it falls steeply, it always recovers, so buying into dips makes great sense.

I am looking for a new name for the group since Top 20 has been overtaken by events, and I plan to add new names as I find shares with the qualities I am looking for. There is a bias to technology, but every stock will need to embrace technology in this brave new world.

I am in favour of some leverage, but long-term investors should be disciplined and patient, which means NEVER more than two times leverage and if, even that, makes you uneasy, less leverage or none at all. Remember that the tortoise always beats the hare.

Share Recommendations

All my top 20 shares (all 26 as listed above)

Coreweave is having a massive day. Here is a suggestion as to why.

Nebius stock was soaring on Tuesday after signing a big computing-infrastructure deal with Microsoft. It could be good news for rival CoreWeave and other peers.

Nebius shares were up 38% at $88.23 in early trading Tuesday after Microsoft agreed to pay the company $17.4 billion for artificial-intelligence infrastructure capacity over the next five years. Shares in peers CoreWeave, IREN and TeraWulf were also rising as shareholders bet on similar deals being struck in future.

Microsoft looks to be turning to Nebius due to constraints in its own cloud-computing business, as big technology companies struggle to acquire enough Nvidia chips to power AI services. Nebius said the computing power will come from its new 300-megawatt data center in Vineland, N.J., starting later this year.

Apart from providing additional capacity, advantages for Microsoft include avoiding recording more capital expenditure — a growing burden for large technology companies — and needing to use its own staff resources to build and manage more data centers. Microsoft may acquire additional services and capacity under the agreement, potentially increasing the value to $19.4 billion.

“We continue to believe that Nebius is well set up to bring on other high-profile customers including other hyperscalers or frontier AI labs, as the company continues to build out their data center capacity with upcoming greenfield opportunities,” wrote D.A. Davidson analyst Alexander Platt in a research note.

Platt has a Buy rating and $75 target price on Nebius stock.

Normally seeing your biggest customer sign a major deal with a rival operator isn’t good news, but shareholders of CoreWeave look to be concentrating on the prospect of future spending by Microsoft and other big tech companies.

CoreWeave shares were up 8% in morning trading. The stock has fallen by around 40% since its June peak when the AI cloud company became a darling of retail traders looking for the next hot name and it struck a deal to acquire its data-center infrastructure partner Core Scientific — an all-stock deal which has been put in jeopardy by its recent slump.

Nebius is growing from a much smaller base than CoreWeave. Nebius — which was spun out from the breakup of Russian tech company Yandex — reported quarterly revenue of $105.1 million in its most recent earnings. CoreWeave’s equivalent quarterly revenue came to $1.21 billion.

Other smaller competitors were also gaining. IREN stock was up 4.7%, adding to a surge last month after the company announced another round of Nvidia chip purchases and said it expected its annualized AI cloud revenue to grow tenfold by the end of the year. TeraWulf shares were up 3.3% and have more than doubled in the past three months, largely due to Google-parent Alphabet taking a stake in the company as part of an AI-hosting deal.

“Companies have their hands full with existing data center projects, so by leveraging management expertise at these neoclouds they can satisfy demand more quickly,” wrote D.A. Davidson’s Platt. “They are also taking shrewd advantage of the frothy abundance of debt capital chasing AI deals at rates that likely do not reflect the level of risk.”

Dow Jones Newswires, 9 September 2025