3 Leading Tech Stocks to Buy in November

Market Overview - Despite perceptions of market overvaluation, it continues to rise, presenting both investment opportunities and FOMO among investors [1][2] Nvidia - Nvidia is often cited as an overvalued stock, trading at nearly 60 times trailing earnings, but this perspective may overlook its growth potential [4] - The company produces GPUs, essential for the AI boom, with a significant demand that it cannot meet quickly enough [5] - Nvidia has $500 billion in orders for its Blackwell and Rubin chips over the next five quarters, compared to its $165 billion revenue over the past year, indicating substantial growth [5] - The PEG ratio suggests Nvidia is undervalued, as a ratio under 1 typically indicates this, supporting the view that it remains a buy [6] Alphabet - Alphabet was not expected to benefit from the AI trend, but its Gemini model has emerged as a leading generative AI offering, maintaining Google Search's dominance [9]