Nvidia is likely nowhere near its peak: analyst
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Published 2024-05-23
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All Comments (21)
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I've owned NVDA for over 8 years. It's been up and down, but I believe in Jensen Huang and will stick with NVDA until Jensen says otherwise. I know that sounds crazy, but when the financial statements/Jensen, (same to me) tell me to sell, I will. I'm sure I won't sell at the top, but that's OK.
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Strong BUY. Still early innings. NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even w new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded
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Been beating myself up a bit that I sold my 53 shares of Nvidia at $303 each back in May 2023. Now thinking of liquidating a few other investments to rebuy but afraid to do so. I also currently have 500k in savings making me next to nothing.
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I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.
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I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, looking for companies to make additions to boost performance
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Agreed, people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, looking for companies to make additions to boost performance
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The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
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Newbies need to learn the ropes, know how much risk they can handle and diversify their portfolio. Some folks get help from money experts or do their homework before making investment moves. It's all about being smart with your funds.
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I recently sold some of my Nvidia stocks to secure profits, but I'm retaining a portion for the long term, its growth potential is robust. I'm also considering diversifying my $400K stock portfolio, but I'm uncertain about managing risks in my next move.
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I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.
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no bubble here folks, just profits😂. Fomo is real, do not continue to miss out😂😂
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people cannot comprehend that Nividia is the most important company in the world and is still cheap.
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1:32 That's not what Law of Large Numbers means. Law of Large Numbers means that the average of a bunch of random variables taken from the same distribution will converge on the expected value of that variable. Like choosing a number 1-100 uniformly could result in the average being <10 after the first few samples, but after a LARGE number of samples, the average will converge to 50.
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I agree that AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA last year.
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My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term.
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The only possible negative with strong stocks splitting is there often is a trough after the split. However, I don't think that will happen with NVDA.
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Pre Tsla split? Was just like this.
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I want to purchase more shares of NVDA before the stock split but I’ve been hearing theories that there will be a large sell off from people claiming their earnings and then those same people repurchasing shares. I know you can’t time the market, but I don’t want to buy it at a high value for it to drop and then wait months for it to bounce back to the price I purchased it at originally. Thoughts?
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The Federal Reserve must be thrilled to see this stock go straight up! It's party time! I had my friends buy buy buy!
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funny how the rest of the market crashed today- it's not just stocks up up up!
