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re: NVDA's rise and continued strength is amazing

Posted on 3/6/24 at 8:00 pm to
Posted by slackster
Houston
Member since Mar 2009
85485 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
36327 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
1236 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 DarthRebel
Tier Five is Alive
Member since Feb 2013
21394 posts
Posted on 3/7/24 at 8:44 am to
It is for sure running out of space I think in current form. Numbers will be good, but the next run, will not be like the last run.

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