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re: NVDA's rise and continued strength is amazing

Posted on 3/4/24 at 12:46 pm to
Posted by Double Oh
Louisiana
Member since Sep 2008
17949 posts
Posted on 3/4/24 at 12:46 pm to
Up $44 so far
Posted by Sho Nuff
Oahu
Member since Feb 2009
11924 posts
Posted on 3/4/24 at 1:12 pm to
I just sent my i401K check for the employer side in last week and I think I may just say F it and put it on NVDA. I'm still kicking myself for not buying in 2020. I actually put a post on here asking if I should buy and a bunch of people said no and like a dumbass I didn't buy. It was around $140 I think
Posted by Double Oh
Louisiana
Member since Sep 2008
17949 posts
Posted on 3/5/24 at 12:57 pm to
quote:

just sent my i401K check for the employer side in last week and I think I may just say F it and put it on NVDA. I'm still kicking myself for not buying in 2020. I actually put a post on here asking if I should buy and a bunch of people said no and like a dumbass I didn't buy. It was around $140 I think
quote:

just sent my i401K check for the employer side in last week and I think I may just say F it and put it on NVDA. I'm still kicking myself for not buying in 2020. I actually put a post on here asking if I should buy and a bunch of people said no and like a dumbass I didn't buy. It was around $140 I think




Bro $140? OMG bro
Posted by StonewallJack
Member since Apr 2008
696 posts
Posted on 3/5/24 at 2:43 pm to
Sell it all!!!
Posted by The Egg
Houston, TX
Member since Dec 2004
79183 posts
Posted on 3/6/24 at 8:34 am to
Just another day of highs
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36114 posts
Posted on 3/6/24 at 8:37 am to
quote:

Just another day of highs


Posted by tigerfoot
Alexandria
Member since Sep 2006
56471 posts
Posted on 3/6/24 at 8:44 am to
I’m never gonna learn. I thought 550 was too high.
Posted by The Egg
Houston, TX
Member since Dec 2004
79183 posts
Posted on 3/6/24 at 8:48 am to
To be fair, this is ridiculous unicorn type stuff we're seeing
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36114 posts
Posted on 3/6/24 at 8:50 am to
Looking like 1000 by May isn't crazy afterall.
Posted by tigerfoot
Alexandria
Member since Sep 2006
56471 posts
Posted on 3/6/24 at 9:05 am to
quote:

Looking like 1000 by May isn't crazy afterall.


Ill stay out of it to give you guys your best shot, it is the least I can do
Posted by DiamondDog
Louisiana
Member since Nov 2019
10597 posts
Posted on 3/6/24 at 9:27 am to
I bought in at $880 with $100K. Probably last at the trough. Jesus I'm a terrible investor.
Posted by nolaks
Member since Dec 2013
1137 posts
Posted on 3/6/24 at 11:12 am to
$100K on a momentum trade? You obviously did something correct in your past
Posted by Double Oh
Louisiana
Member since Sep 2008
17949 posts
Posted on 3/6/24 at 12:29 pm to
Incredible run by NVDA this stock is not stopping anytime soon
Posted by DiamondDog
Louisiana
Member since Nov 2019
10597 posts
Posted on 3/6/24 at 3:06 pm to
I have funds I kick around to different stocks to try and act smarter than I am.

People who would care to notice would tell you for the past two years that money been about the same amount.
This post was edited on 3/6/24 at 7:21 pm
Posted by Granola
Member since Jan 2024
510 posts
Posted on 3/6/24 at 3:19 pm to
The five year time horizon looks good for this stock according to CNBC analysts. I’m in NVDA in my Roth IRA
Posted by leeman101
Huntsville, AL
Member since Aug 2020
1508 posts
Posted on 3/6/24 at 3:53 pm to
And to think it was under $120 back in Oct. 2022 and looked like a dog. I hope AMD follows suit.
Posted by slackster
Houston
Member since Mar 2009
85114 posts
Posted on 3/6/24 at 8:00 pm to
quote:

To be fair, this is ridiculous unicorn type stuff we're seeing


It’s also running out of space. If you’re buying it expecting a double from here in the next 2-3 years, you’re banking on a 4.5T company. Think about that for a bit.

It’s 30% away from overtaking Microsoft as the largest company in the world. Itd only 18% away from overtaking Apple. It’s 10% larger than Saudi Aramco.

These are just mind boggling numbers. I’m seriously considering trimming a good bit across portfolios at this point.
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36114 posts
Posted on 3/6/24 at 10:50 pm to
quote:

It’s also running out of space. If you’re buying it expecting a double from here in the next 2-3 years, you’re banking on a 4.5T company. Think about that for a bit.

It’s 30% away from overtaking Microsoft as the largest company in the world. Itd only 18% away from overtaking Apple. It’s 10% larger than Saudi Aramco.

These are just mind boggling numbers. I’m seriously considering trimming a good bit across portfolios at this point.


This is my thought, it seems like it's about to out grow its britches soon. Although I think AI will be huge, I'm just not sure that it's going to sustain anywhere near the growth.

Does it level out and then grow normally soon or does it drop?

I think I may ride it til the next fincancial report (Q1,2025). If it's up to 1000 then sell before and maybe buy some back on a good dip the day it comes out.
This post was edited on 3/7/24 at 6:11 am
Posted by KWL85
Member since Mar 2023
1188 posts
Posted on 3/7/24 at 8:30 am to
Good logic, but too soon for me. The rate of increase will slow, but this is a good bet for beating the market over the next 12 months. The numbers they report are so strong that I am staying in. Hard to leave a company that is making $10B profit on $20B revenue.

I have to admit that deciding when to get out of a winner is not my strength, though.
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36114 posts
Posted on 3/7/24 at 8:38 am to
Jeez, it may reach 1000 today at this rate.
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