Page 1
Page 1
Started By
Message

Nvidia on sale right now?

Posted on 8/11/17 at 8:54 am
Posted by southernelite
Dallas
Member since Sep 2009
53140 posts
Posted on 8/11/17 at 8:54 am
Just reported pretty solid numbers, exceeded expectations, no downgrade on guidance...and it's down 5%....not sure I want to try to find the bottom, but I think we'll rebound to $165-170 and possibly beyond fairly quickly. Anyone want to give me a reason not to?
Posted by AaronDeTiger
baton rouge
Member since Jun 2014
1558 posts
Posted on 8/13/17 at 9:23 am to
I bought at $31.53 on 1-6-16. Check out Take Two (TTWO) and Activision Blizzard (ATVI). Take-Two Interactive is an American multinational publisher and distributor of video games and video game peripherals. Take-Two wholly owns publishers Rockstar Games (Grand Theft Auto) and 2K Games (NBA 2K). Activision owns Call of Duty, Wolrd of Warcraft, Destiny, and Candy Crush. They are also developing their own professional esports league. Twitch, the Amazon-owned streaming video service known for its live gaming content, has recently signed a deal to stream some of Activision Blizzard's biggest live eSports events over the next two years. I got both at $34 and $36 respectively.
This post was edited on 8/13/17 at 10:04 am
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 8/14/17 at 9:03 am to
NVidia is a chip maker more than a game program developer. Those are two totally different areas.

That being said nvidia and intel and some other chip makers have not gone up like most other stocks, they do appear to be undervalued especially when you consider every expensive device going forward should have some chips in it.
Posted by southernelite
Dallas
Member since Sep 2009
53140 posts
Posted on 8/14/17 at 9:22 am to
Nvidia is up 50% YTD and 155% TTM....it also has a pretty high forward P/E ratio. But it's clear that the market still likes the stock. Friday was a healthy correction. I got in at 155 and we're now trading in the 162. Not a bad call.
Posted by southernelite
Dallas
Member since Sep 2009
53140 posts
Posted on 8/14/17 at 9:23 am to
I invite all you downvoter to, in the future, participate in constructive dialogue instead of just down voting for the hell of it.
Posted by southernelite
Dallas
Member since Sep 2009
53140 posts
Posted on 8/14/17 at 5:31 pm to
quote:

NVidia is a chip maker more than a game program developer. Those are two totally different areas. 



Nvidias upside and growth potential lies in Nvidia being a pioneer chip maker in the self-driving car space. I can also see Nvidia being integral to powering AI. GPUs for crypto mining power continues to boost Nvidias earnings potential.

As a seeing trade though, I had a good day. Not sure how long I'll hang on, but I still see short-term and long term upside potential.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118854 posts
Posted on 8/14/17 at 8:16 pm to
I mentioned Nvidia on a thread a few weeks ago. I have owned it for about 3 months now. They are also making chips related to AI, so I think they are going to be a mover and shaker.
Posted by southernelite
Dallas
Member since Sep 2009
53140 posts
Posted on 9/18/17 at 11:30 am to
Bump because I'm up 20% since this thread.
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16899 posts
Posted on 9/18/17 at 3:07 pm to
good move.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26573 posts
Posted on 9/18/17 at 4:02 pm to
Nice call! This board should have more of these threads IMO.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram