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Veteran Investor Says He’d “Kill to Have Nvidia” in the Low $90s

Intentionally overdramatizing, Dory Wiley, the CEO of Commerce Street Holdings, told Schwab Network recently, that “You’d kill to buy Nvidia (NVDA)” for prices in the low-$90 range. Wiley believes that Nvidia’s exposure to tariffs is quite low, while its valuation is attractive.

During the same segment, Wiley praised JPMorgan (JPM) and its first-quarter results which it recently unveiled.

Wiley has led companies that have been involved with financial markets since 1996, according to his LinkedIn profile.

NVDA’s Exposure to Tariffs Is Low, Wiley Says

“Nvidia’s exposure to tariffs is less than 5%, some say less than 2%,” Wiley stated. Moreover, in the low-$90s, the shares “were on sale,” he believes.

Although the stock’s decline naturally generates fear, such declines have historically been good buying opportunities, according to the veteran investor.

“Anytime the Vix exceeds 40, there’s a 90% chance that you’ll make money in the next three years,” Wiley told Schwab.  And the average return during that period is 50%-80%, he added.

JPM Reported Good Results, Wiley Said

Asserting that JPM delivered good Q1 results “across the board,” Wiley noted that its revenue from equity trading jumped 48% year-over-year, while its earnings climbed significantly. Additionally, its return on tangible equity came in at 7.8%, up from “closer to 5%” in March 2023, he added.

“JPM looks safe and sound,” he said.

While we acknowledge the potential of NVDA, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires

Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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