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re: How High Do you think Nvidia stock can go?
Posted on 5/17/24 at 8:14 am to slackster
Posted on 5/17/24 at 8:14 am to slackster
NVDA’s “problem” going forward will be their earnings growth lapping more and more profitable quarters. I’m sure it will double in price over time, but their growth will slow and the question will become how much the market is willing to pay up for that slowing growth rate.
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100% agree. Nvda may very well remain an industry leader, but the stock will have to eventually cool off. I am long on it, but will temper expectations going forward. Will stay in it as long as it feels like a safe bet to beat the market.
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100% agree. Nvda may very well remain an industry leader, but the stock will have to eventually cool off. I am long on it, but will temper expectations going forward. Will stay in it as long as it feels like a safe bet to beat the market.
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