I believe in a bottom up approach as it means starting with the business, not the macro story: digging into a company’s products, balance sheet, cash flows and competitive moat, then asking whether management can compound value over years, regardless of market noise. This is why I continue to buy into Nvidia for instance despite the recent volatility.
Average target price is $232 and highly expected to beat forecasts on Nov 19! Nvidia is an undervalued gem at the moment. Should return to $210 within the next week or so.