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November has historically been the most effective months wherein to purchase S&P 500 shares. Following a latest inventory market pullback, immediately buyers have a lot of engaging potential dip buys to contemplate.
Financial institution of America information exhibits that, since 1927, the S&P 500 has risen 59% of the time in November and by a median of 1%. In accordance with LLP Monetary, this month-to-month outperformance dates all the way in which again to 1950, with rises in 10 of the final 11 years.
Previous efficiency isn’t all the time a dependable information to future returns. And the US inventory market hasn’t precisely received off to a flyer to this point this November. Nonetheless, robust earnings momentum within the tech sector, allied with optimism over thawing US-Chinese language commerce relations, recommend US share costs might spring larger once more.
There are many high S&P 500 shares that deserve shut consideration. Right here’s why I’m contemplating semiconductor maker Nvidia (NASDAQ:NVDA) for my very own portfolio.
Capturing larger
Nvidia’s share value is up 36% to this point in 2025, beating the broader S&P 500’s 14% rise. This takes beneficial properties over the past 5 years to a spectacular 1,192%.
Given its means to proceed smashing Metropolis gross sales forecasts, its market-beating efficiency is hardly a shock — revenues leapt 56% within the second quarter, in accordance with newest financials. Gross sales of its high-power graphics chips are scorching as the unreal intelligence (AI) revolution boosts information centre demand.
That’s not all, although. Nvidia has additionally made thrilling strategic progress to fulfill the large alternative AI supplies over the long run. Partnerships with blue-chip corporations like Accenture, Microsoft, and Siemens to broaden its Omniverse working system imply its shifting farther from simply promoting graphic processing items (GPUs) in direction of enabling real-world operations like manufacturing, logistics, and industrial design.
As well as, manufacturing of the corporate’s next-generation chips is scaling quickly. Chief government Jason Huang has stated manufacturing of Blackwell Extremely — which unlocks real-time reasoning and expands into agentic AI — “is ramping at full pace, and demand is extraordinary“.
Nvidia inventory: a premium decide
Whereas it’s nonetheless firing on all cylinders, there are some potential threats buyers want to consider.
As I say, dialogue between the US and China on commerce has improved in latest weeks. However issues can change shortly, as we’ve seen, and a contemporary deterioration might impression Nvidia’s shipments into China. Commerce wars would possibly create contemporary provide chain points that impression its chipmaking capabilities, too.
Fears over an ‘AI bubble’ additionally proceed to flow into. And Nvidia’s excessive valuation is doing it no favours — the chipmaker trades on an enormous ahead price-to-earnings (P/E) ratio of 41.7 instances.
However I imagine Nvidia inventory is value a premium valuation like this. Regardless of the chance of a pullback, I feel it’s a high US share to contemplate.
