The tech sector has seen a flurry of activity with recent sell-offs followed by a rally. Despite this volatility, veteran tech investor Trent Masters remains optimistic, revealing four stocks he has a high degree of conviction in: Nvidia, Motorola Solutions, Trane Technologies, and Sherwin-Williams. Nvidia tops Masters' list, dominating headlines with its advancements in artificial intelligence. Although the stock is down around 9.7% in the last three months, it is still up nearly 141% year to date. Masters highlighted Nvidia's solid quarterly earnings.

Where adjusted earnings per share were 68 cents, outperforming the expected 64 cents. Revenue also exceeded forecasts at $30.04 billion versus $28.7 billion. Most analysts remain bullish on Nvidia, with 59 out of 63 analysts rating it as a buy or overweight, and an average price target of $149.49, suggesting a 25.5% potential upside. Masters is encouraged by the strong cloud demand and capital expenditure from hyperscalers, predicting an EPS path towards $5. Next, Masters endorses Motorola Solutions, known for its Land Mobile Radio devices, essential in emergency communications.

Although not as flashy as Nvidia, the company consistently performs well and beats market expectations. A new upgrade cycle with the APX device has bolstered growth. Motorola shares are up around 41.1% year to date. FactSet data shows that of 15 analysts, 10 rate it a buy or overweight, with an average price target of $449.63, indicating a 1.8% potential upside. Trane Technologies, a specialist in HVAC and refrigeration systems, also earns Masters' approval. It holds a significant market share of 75% in its industry and generates strong free cash flow, consistently surpassing market expectations.

Trane's second-quarter revenue hit a record $5.3 billion, up 19% year on year. Its shares are up 49.3% year to date. Of the 25 analysts covering the stock, nine give it a buy or overweight rating, 14 have hold ratings, and two rate it as a sell. The average price target is $361.46, showing a 0.8% discount. Lastly, Masters shows confidence in Sherwin-Williams, a leading paint manufacturer. He appreciates its robust business and good returns profile. With housing activity potentially rebounding, Masters sees growth prospects moving from mid to high single digits. Sherwin-Williams shares have gained 26.4% in the past three months.

And are up almost 20.1% year to date. Out of 30 analysts, 16 rate it a buy or overweight, 12 have hold ratings, and two rate it as a sell. The average price target is $375.59, indicating a 0.1% potential upside.