Image Source: Unsplash

Elon Musk is the one of the greatest businessmen and innovators of our time, but he’s not really an investor, by his own admission.

“I don’t really buy stocks,” Musk, the CEO of Tesla (Nasdaq: TSLA), SpaceX, xAI, and X, among others, said in a recent podcast. “I’m not like an investor … I don’t really look for things to invest in. I just try to build things and then there happens to be stock of the company that I built, but I don’t have a portfolio or anything.”

Out now @elonmusk pic.twitter.com/dQVLniUgWA

— Nikhil Kamath (@nikhilkamathcio) November 30, 2025

However, on the November 30 podcast, People by WTF with Nikhil Kamath, co-founder of the Indian financial services firm Zerodha and asset manager True Beacon, Musk did single out two companies, other than his own, that should be valuable investments.

Musk singles out 2 Magnificent stocks

Outside of his own companies, Musk cited two Magnificent 7 stocks as the most attractive right now — and why.

“AI and robotics are going to be very important,” said Musk on the podcast. “Google is going to be pretty valuable in the future. They’ve laid the groundwork for an immense amount of value creation from an AI standpoint.”

Google is, of course, the search and cloud computing giant that is part of Alphabet (Nasdaq: GOOG), the holding company for Google, YouTube and its other properties.

The second company that Musk called out was AI chip maker Nvidia (Nasdaq: NVDA).

“Nvidia is obvious at this point,” Musk told Kamath on the podcast. “There’s an argument that companies that do AI and robotics, and maybe spaceflight, are going to be overwhelmingly almost all of the value. The output of business services from AI and robotics is so high that it will dwarf everything else.”

Alphabet stock has been hot

Alphabet stock has been surging as of late. In November, it was one of the best performing stocks on the Nasdaq Composite index, rising 16% for the month. It rose on the strength of its strong Q3 results, as earnings rose 35% and beat estimates.

But there were other catalysts as well. Warren Buffett added Alphabet stock to the Berkshire Hathaway (NYSE: BRK-B) portfolio in Q3, which provided a major boost. Also, Google came out with its latest version of its Gemini chatbot, which could help it gain market share from OpenAI’s ChatGPT.

In addition, it was reported that Meta Platforms (Nasdaq: META) was negotiating with Google to buy the Tensor Processing Units (TPUs), or AI chips, that Google is developing.

Alphabet stock is up 66% YTD and is generally considered cheap, compared to other Magnificent 7 stocks with a P/E ratio of 31.

Nvidia stock, on the other hand, dropped some 15% in November, mainly due its high valuation. But the selloff has brough the valuation down and its forward P/E of 23 is even lower than Alphabet’s. Nvidia stock is up 37% YTD.

More By This Author: