Davis is on a mission to turn $100,000 into $1 million. Follow along with his journey and get the opportunity to follow along in your own portfolio for free by clicking here.

Let’s get to it.

What type of content will you be sharing in The Million Mission? – Steven

Of course, my primary goal is to 10X my $100,000 initial capital. So I’ll be sharing every detail of my journey along the way.

However, maybe more importantly, I’ll also be sharing my thoughts on breaking news and investment opportunities that can impact my (and your) portfolio. If the news doesn’t impact my ultimate goal of reaching $1 million, it won’t get talked about in this mission-focused newsletter.

These insights will be easily digestible for all investor experience levels. My goal is that you find every single email useful to becoming a better investor – and growing the value of your portfolio.

How can I do this too if I don’t have $100,000 to start with? – Beth

The best part is you don’t need to start with $100,000 to start. You can start with whatever amount you’re most comfortable with.

Remember, this is a high-risk strategy that is not appropriate for all investors.

I’ll be writing about what I’m doing with my own money. It’s up to you to decide if you want to follow along.

Are you still keeping an eye on Meta Platforms (META)? – Ernie

Absolutely! Meta is one of my favorite stocks at the moment.

The company just reported fantastic earnings results and is one of the largest/earliest beneficiaries of artificial intelligence. I’m looking to buy this stock on any meaningful pullback.

How would you estimate Nvidia’s stock price in one year? – Bill

Great question, Bill. I’ll try to keep this simple and maybe write a full article in the next few days.

In short, Nvidia is expected to earn $4.41 per share next year. The stock typically trades at a P/E ratio somewhere between 60-70X.

$4.41 multiplied by 60 equals a $265 price target. $4.41 multiplied by 70 equals a $309 price target. I expect the stock to trade around these levels.

Even at a more conservative P/E ratio – say 50X – equals a price target of $220.

The stock currently trades around $140. You can see why I’m so bullish on the stock.