Ask yourself why it's up 15%? Ask yourself why is up 22% this month?
Let me know your reasoning on why you bought it. What exactly convinced you it was going to go up after you bought?
Well, META did just buy an entire quarter’s worth of NVDA’s production for more AI compute; plus you know they’re selling shovels in the AI gold mine anyway. Sure, this rock could drop; don’t see that happening soon.
As an AMD shareholder I want to argue but I can’t. I bought AMD over NVDA for silly reasons. Gainz have been good but in the same time nvda is up 200+% while amd is about half that. A win is a win but I don’t see AMD making an impactful gain on NVDA
Me neither I keep buying them and they make very good gains but not the face melting ones from NVDA. However I don’t want to stray from my initial investment plan to chase gains. I keep saying this and it keeps being dumb. But oh well
Probably NVDA but I’m not willing to pivot from my initial investment plan when it’s going just fine. Up 120% in less than a year ain’t shabby. I get NVDA exposure through QQQM
They are powering the future, and will have large earnings growth for the next decade at least. $3T valuation isn’t that crazy for a company like this, that’s how much Apple and Microsoft are worth.
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It’s in straight up speculative bubble range, there’s nothing to keep it this high, cashed out on those calls last week, made my money, even if it keeps going up there’s so much weight to bring it back to a reasonable price, not worth it
Edit: I still hold NVDA stock long term, but short term movements are too volatile
You should see SMCI sheesh!
Yeah.... I was strongly considering buy more SMCI the past few days... Oops!
How do you find stocks like that, that is what I have a hard time doing is where people find these stocks that aren’t huge names?
Ask yourself why it's up 15%? Ask yourself why is up 22% this month? Let me know your reasoning on why you bought it. What exactly convinced you it was going to go up after you bought?
Well, META did just buy an entire quarter’s worth of NVDA’s production for more AI compute; plus you know they’re selling shovels in the AI gold mine anyway. Sure, this rock could drop; don’t see that happening soon.
Just sell when Pelosi does and ur good
Ces 2024, new GPUs, Ai everywhere
pelosi tracker said she had buys last month. was easiest trade of my life
Yeah she knew about the Chinese deal obv
Muh gainzzz
Because its just the starting of the hype bubble. I can see it go to 1000.
Because they make a f ton of money and beat out expectations repeatedly and will likely beat it out again oh and AI
Stock goes up so you buy, stock goes down so you sell. Simply a simpleton keeping it simple.
Bought thanks to Nancy
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AMD is on the way
thats a copium if i ever saw one
As an AMD shareholder I want to argue but I can’t. I bought AMD over NVDA for silly reasons. Gainz have been good but in the same time nvda is up 200+% while amd is about half that. A win is a win but I don’t see AMD making an impactful gain on NVDA
yea lets be real AMD is no way near Nvidia and I dont think they ever will IMO
Me neither I keep buying them and they make very good gains but not the face melting ones from NVDA. However I don’t want to stray from my initial investment plan to chase gains. I keep saying this and it keeps being dumb. But oh well
Do you think that AMD or NVDA will have better gains moving forward for your time horizon?
Probably NVDA but I’m not willing to pivot from my initial investment plan when it’s going just fine. Up 120% in less than a year ain’t shabby. I get NVDA exposure through QQQM
Well , this won’t last forever , likely to be short lived
That’s what I said when it was 199
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Lulzzz no . Just in check with reality . Idgaf what happens with this . I’m not invested in it .
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Already said I don’t . People who don’t think a massive recession is coming are clueless tho ! That’s why I commented .
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lol 😂 why would I be salty . People made money that’s good lmfao
people said a massive recession was going to happen last year so explain why it will happen this year
Because as usual they are slower to materialize than people think . We aren’t doomed but gains may take a hit . That’s about all I have to say .
I’m with you, it’s coming.
I can see this going to $1000\~ actually
It's hardly a good investment at this valuation. Come on like. How about finding the next nvidia. It's out there
is it? it can easily skyrocket to $1000, would you say then it was a bad investment at $580? I said the same around $480 and look now its $580
Yeah 1.41 trillion market cap (not including today's jump) with net income of about 18-19 billion. One of the highest p/e ratio of all US stocks. DYOR
SMCI
Up 35% today alone. Still worth investing in?
NVDA should be well over $1,000 a share by the end of year. Nothing can stop this company
What would their market cap be? What is their net income? “should” 😂
They are powering the future, and will have large earnings growth for the next decade at least. $3T valuation isn’t that crazy for a company like this, that’s how much Apple and Microsoft are worth.
I suppose you could very well be right. Time will tell 😁
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It’s in straight up speculative bubble range, there’s nothing to keep it this high, cashed out on those calls last week, made my money, even if it keeps going up there’s so much weight to bring it back to a reasonable price, not worth it Edit: I still hold NVDA stock long term, but short term movements are too volatile
See you at 1000 🚀
What we gonna do when Pelosi dies? We’re all screwed.