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re: NVDA's rise and continued strength is amazing
Posted on 3/6/24 at 10:50 pm to slackster
Posted on 3/6/24 at 10:50 pm to slackster
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
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