Trip Chowdhry's Top 4 Stock Picks

Trip Chowdhry of Global Equities Research released on Friday a list of his top four stock picks based solely on fundamentals.

Top Pick: Apple

Apple Inc. (NASDAQ: AAPL) is Chowdhry's top.

• Apple's India business as being a major growth catalyst.
• Senior citizens all over the world continue switching to iPhone devices.
• Around 90 percent of enterprises have already begun the process of switching from Android phones to iPhone devices.
• The iPhone 7 will serve as an "anchor" to Apple TV, Apple Watch, Mac and iPad. No other company has this uniqueness.

Second Pick: NVIDIA

NVIDIA Corporation (NASDAQ: NVDA) is the analyst's second top pick.

• Machine learning is a secular growth for the company's GPU's.
• NVIDIA has seen a more than 200 percent year-over-year growth in its GPU's which power Amazon.com, Inc. (NASDAQ: AMZN)'s AWS, Microsoft Corporation (NASDAQ: MSFT)'s Azure, Google's Compute (parent company, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)), International Business Machines Corp. (NYSE: IBM)'s Watson, among others.
• Apple is now procuring Nvidia's GPU's to power its Recurrent Neural Network training clusters.

Third Pick: Tesla

Tesla Motors Inc (NASDAQ: TSLA) ranks as the analyst's third pick.

• Tesla is hoping to create a whole new industry of power generation + power storage + power consumption.
• Tesla's GigaFactory alone could be valued at $50 billion in the future.
• Tesla is seeing improvements in production with the Model S and Model X.
• Production of the Model 3 car is expected to be smooth.

Fourth Pick: Amazon

Finally, Amazon.com, Inc. (NASDAQ: AMZN) ranks as the analyst's fourth pick.

• Amazon's AWS is "sucking all of the oxygen" out of on-premise vendors.
• The AWS segment will achieve a revenue base of more than $12 billion in the next two to three years.
• AWS is creating a completely new SuperCloud industry.
• AWS along with Azure will be prime beneficiaries from scale-out applications and 90 percent these apps will be deployed on either AWS or Azure.