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When Your Biggest Customer Becomes Your Biggest Cheerleader, You Keep Buyin’
Noah Zelvis
September 16, 2025
In partnership with
Sometimes you don’t need tea leaves to spot a winner.
When the world’s most valuable chipmaker promises to buy billions in capacity, it’s a signal that one partner is becoming central to the AI boom.
Shares were just shares soaring, and the question now is how much higher this rocket can climb.
Keep This Stock Ticker on Your Watchlist
They’re a private company, but Pacaso just reserved the Nasdaq ticker “$PCSO.”
No surprise the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. What is unique is Pacaso is giving the same opportunity to everyday investors. And 10,000+ people have already joined them.
Created a former Zillow exec who sold his first venture for $120M, Pacaso brings co-ownership to the $1.3T vacation home industry.
They’ve generated $1B+ worth of luxury home transactions across 2,000+ owners. That’s good for more than $110M in gross profit since inception, including 41% YoY growth last year alone.
And you can join them today for just $2.90/share. But don’t wait too long. Invest in Pacaso before the opportunity ends September 18.
Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.
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Alphabet | GOOGL
Price: $251.16
Alphabet just joined the $3 trillion club, a milestone that once seemed reserved for Apple, Microsoft, and Nvidia.
The stock popped after a favorable antitrust ruling eased fears that regulators would force the company to spin off its Chrome browser or advertising arm.
With that overhang lifted, the market is re-rating the search and cloud giant.
AI still looms as the big wild card, and Gemini, Google’s flagship model suite, has to prove it can compete with OpenAI while also defending search from newcomers like Perplexity.
But with advertising still humming and YouTube Shorts gaining traction, Alphabet has multiple revenue levers to pull.
Why it matters to you: At 27x earnings, the stock isn’t cheap, but cash flows from search give Alphabet the flexibility to keep buying time in AI.
Think of it as the internet’s tollbooth operator, one you probably can’t avoid paying.
Lam Research | LRCX
Price: $120.45
Semiconductor equipment makers are the silent winners of every AI cycle, and Lam Research is showing why.
Shares just hit a new one-year high after Q2 revenue rose 34% year over year, handily beating expectations.
The company’s etch and deposition tools are critical for next-generation memory and logic chips.
With hyperscalers and chipmakers building out capacity, Lam has guided for continued strength into 2026.
Analysts keep nudging up price targets, some as high as $130, citing operating leverage and sticky customer relationships.
Why it matters to you: Lam isn’t a household name, but it’s a picks-and-shovels play for AI semis.
If you’re willing to look past short-term volatility in wafer demand could be rewarded as the chip cycle ramps again.
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Tesla | TSLA
Price: $421.65
Call it another Musk special. Tesla shares are up 85% since April, flipping from worst quarter in years to positive territory for 2025.
The rebound has been powered by a $1 billion insider buy from Musk’s foundation and optimism around the company’s new MegaBlocks battery storage systems.
That said, the core EV business is still in a funk. Deliveries remain pressured by an aging lineup and price wars with BYD in China.
Political noise, including Musk’s role in funding Trump’s reelection, adds an extra layer of volatility.
Why it matters to you: Tesla thrives on narrative shifts. If you pivot their gaze from slumping Model 3 sales to robotaxis, humanoid bots, and energy storage, the stock could keep climbing.
But execution gaps are real, so your patience is required.
Palo Alto Networks | PANW
Price: $201.34
Cybersecurity isn’t sexy until you need it, and Palo Alto is leaning into AI to stay ahead.
CEO Nikesh Arora recently set a target of $15 billion in annual recurring revenue by 2029, powered by AI-infused firewalls, cloud tools, and the recent CyberArk acquisition.
The company is now worth $135 billion, trading at more than 125x earnings, a rich valuation even for tech.
Still, the mix of sticky subscription revenue, enterprise relationships, and AI-driven upsell potential has bulls excited.
Management sees CyberArk’s 8 million endpoints as a springboard for cross-selling into identity and cloud security.
Why it matters to you: The market is paying up for growth, and Palo Alto has the goods. But at this multiple, misses won’t be forgiven.
Treat it like a growth stock with training wheels. Steady, but not cheap.
CoreWeave | CRWV
Price: $118.76
CoreWeave isn’t shy about chasing scale, and Nvidia just put its stamp of approval on the strategy.
The company disclosed an order worth $6.3 billion, with the GPU giant also agreeing to scoop up any unsold capacity through 2032. That’s basically a floor under future demand.
The cloud-infrastructure specialist, public only since March, has tripled in value in under six months.
Q2 revenue jumped 207% to $1.2 billion, though losses remain heavy at nearly $300 million.
Backing from Nvidia (a 7% shareholder) and marquee customers like OpenAI gives the company instant credibility in an increasingly crowded AI hosting market.
Why it matters to you: The growth is intoxicating, but remember that CoreWeave is glued to Nvidia’s hip.
Supply concentration cuts both ways. If you’re buying here, you’re betting the AI boom has years, not quarters, left to run.
Poll: What do you think Gen Alpha will invest in first? |
This lineup is all about scale.
Whether it’s CoreWeave hitching itself to Nvidia’s rocket, Alphabet joining the $3T club, Lam Research riding wafer demand, Tesla flipping its story again, or Palo Alto chasing subscription billions, the common thread is execution at massive scale.
You don’t have to buy them all, but knowing which players are shaping tech’s next decade is half the game.
Stat of the Day: 263,000
That’s how many Americans filed jobless claims last week, the highest since 2021. Economists expected 235,000.
The labor market is cooling faster than forecasts, giving the Fed more cover to cut rates, but also hinting that the slowdown is biting harder than advertised.
Best Regards,
—Noah Zelvis
Everyday Alpha