Started By
Message

re: How High Do you think Nvidia stock can go?

Posted on 6/5/24 at 7:47 am to
Posted by kaaj24
Dallas
Member since Jan 2010
785 posts
Posted on 6/5/24 at 7:47 am to
Yes, it’s probably gotten over its ski in the near term.

There will be a correction at some point.

If you can’t handle swings probably not a good stock for you to invest.

But long term think it’s a good play. If AI does turn out to be revolutionary it will continue to be a home run.
Posted by KWL85
Member since Mar 2023
2245 posts
Posted on 6/5/24 at 8:20 am to
I’m bullish on this stock as believe AI is going to revolutionize our world.

________________

I am bullish on a stock for a company that keeps making $10B profit on $20B revenue. The numbers from this company are amazing.

I am long. Bought in at $150, $350, and $900. This stock will rival some of my biggest winners ever. The market cap is really getting up there and I will likely just hold from here. I am not worried at all about adding at $900 and feel confident it will still beat the market over the next year or two. Most that buy any individual stock should have this in their portfolio. While price growth has to slow down at some point, does anyone feel it will not beat the market over the next year?
Posted by Double Oh
Louisiana
Member since Sep 2008
21372 posts
Posted on 6/5/24 at 9:56 am to
quote:

I would buy directly after the split. It will be at around 109 dollars per share.




$120 if it split right now
Posted by HagaDaga
Member since Oct 2020
3139 posts
Posted on 6/5/24 at 12:37 pm to
quote:

I am bullish on a stock for a company that keeps making $10B profit on $20B revenue. The numbers from this company are amazing.

I am long. Bought in at $150, $350, and $900. This stock will rival some of my biggest winners ever. The market cap is really getting up there and I will likely just hold from here. I am not worried at all about adding at $900 and feel confident it will still beat the market over the next year or two. Most that buy any individual stock should have this in their portfolio. While price growth has to slow down at some point, does anyone feel it will not beat the market over the next year?

What is your thoughts on the best strategy for buying pre/post split? I found that it is splitting next MON the 10th. Its gone up 35% in the last month, is that ramp up for the spilt?

The dip after due to dumping theory sounds reasonable.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
18303 posts
Posted on 6/5/24 at 2:41 pm to
quote:

What is your thoughts on the best strategy for buying pre/post split? I found that it is splitting next MON the 10th. Its gone up 35% in the last month, is that ramp up for the spilt?

The dip after due to dumping theory sounds reasonable.

I would agree. Major pump before split. Dump after
Posted by HagaDaga
Member since Oct 2020
3139 posts
Posted on 6/5/24 at 3:16 pm to
quote:

would agree. Major pump before split. Dump after

So if one is looking at a long term buy, buying after the split dump would be the best option then too. I guess wondering where the dip ends will be the game to play. Fun times.
Posted by kaaj24
Dallas
Member since Jan 2010
785 posts
Posted on 6/5/24 at 3:35 pm to
You might consider adding position over time.

That way you can capture some upside if goes up and add to positions at lower price if goes that way.

Buy stocks you feel good about in the long term unless you are a professional trader.
Posted by tigerfoot
Alexandria
Member since Sep 2006
58943 posts
Posted on 6/5/24 at 4:09 pm to
quote:

So if one is looking at a long term buy, buying after the split dump would be the best option then too. I guess wondering where the dip ends will be the game to play. Fun times.
I only have a handful of shares and they were all bought between 800 and 900. I will look for any dips to add, I have about 5k set aside to add a bit to my position. It is just hard to stay away from a company making that kind of cash.

I added about the same dollar value of QCOM around the same time, both up over 40% sure has been a really nice little bump.
Posted by KWL85
Member since Mar 2023
2245 posts
Posted on 6/6/24 at 8:42 am to
What is your thoughts on the best strategy for buying pre/post split? I found that it is splitting next MON the 10th. Its gone up 35% in the last month, is that ramp up for the spilt?

The dip after due to dumping theory sounds reasonable.
______________

Buy yesterday if you are getting in. It has held the huge pop from earnings, and is still going higher. I suspect a bit of this week's increase is pre-split action. Some will drop their shares soon after the split and make some money. It is still a buy and hold at these numbers if you are happy with beating the market, without expecting the increases we have seen. The market cap for nvda is getting crazy. It will become a stock with a more typical chart at some point. By the numbers, their revenue/profit/projections are extremely good, so this is not all AI hype. Other companies will take some market share, and the money spent on AI in general could change. Some think AI will be bigger than when the internet arrived. It could happen. I am not betting on that personally. I am betting on the strength of the financial numbers nvda has produced and will produce for the next year or two. The financials they consistently report are not typical. I think that is the primary driver of the spike we just had, more so than the pre-split boost.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
23139 posts
Posted on 6/6/24 at 9:33 am to
Sold off some SMCI and bought a few more NVDA on Tuesday. I am long on this one, will be enjoying the ride back up.
Posted by Granola
Member since Jan 2024
1656 posts
Posted on 6/10/24 at 8:59 am to
The 10 for 1 stock split goes into effect today. Current price is 118.00
Posted by DaBeerz
Member since Sep 2004
18014 posts
Posted on 6/10/24 at 9:12 am to
Going to be volatile for a while. Good time to buy more if you got the cash
Posted by TxTiger82
Member since Sep 2004
34312 posts
Posted on 6/10/24 at 11:20 am to
Post-split price going to $150 by August. After that, the datacenter capex boom will probably slow down, and there will be increased competition for high-end GPUs as other companies are actively developing chips.

Six years?

Don't lose sight of the fact that semiconductors are cyclical, and they also risk commodification (happened to CPUs), which will lower their value. These considerations suggest that NVDA will NOT continue to go up indefinitely. The stock price will consolidate or even decline at some point in the next 6-12 months.

The one thing to watch for NVDA and other chip companies is continued innovation that would stave off commodification (e.g., XPUs might be the future if quantum computing merges with generative AI).
This post was edited on 6/10/24 at 11:22 am
Posted by SlidellCajun
Slidell la
Member since May 2019
13508 posts
Posted on 6/12/24 at 10:03 am to
So wierd looking at my portfolio and seeing a lot more shares and price of 125.

Up 4% today.

Unreal
Posted by TxTiger82
Member since Sep 2004
34312 posts
Posted on 6/12/24 at 10:14 am to
quote:

Up 4% today.

Unreal


There's like $6T of dry powder sitting on the sidelines (i.e., money market accounts and treasuries) waiting for interest rates to finally start falling. No surprise that NVDA would be the first choice stock for that cash.

IMO this market peaks in August, just before the rate cuts. Money will pour in to equities in anticipation. Equities may actually slide a bit after the cuts.
This post was edited on 6/12/24 at 10:15 am
Posted by PotatoChip
Member since May 2014
4190 posts
Posted on 6/13/24 at 1:57 pm to
I see people I know(older 40-60 year olds) getting into investing and putting money in this stock because of “recommendations”. These are people are haven’t invested outside their 401k accounts much at all. I would think it’s nearing a short term top at least. It’s a great company, but the market cap is pushing it as the greatest company of all time.
Posted by LSUcam7
FL
Member since Sep 2016
8451 posts
Posted on 6/18/24 at 12:13 pm to
Intraday largest US based publicly traded conpany.
Posted by Granola
Member since Jan 2024
1656 posts
Posted on 6/18/24 at 12:24 pm to
Up $4.00 per share today to 135.00
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
23139 posts
Posted on 6/18/24 at 12:43 pm to
quote:

but the market cap is pushing it as the greatest company of all time.


AI is still growing, and has a few more years of running. We are only at level 1 of the AI pyramid. If NVDA can be on the forefront of getting to level 2 with General AI with their GPUs, you are looking at a company that will be a $6T.

NVDA is a tulip, but we have not hit peak tulips yet.
Posted by Double Oh
Louisiana
Member since Sep 2008
21372 posts
Posted on 6/18/24 at 9:45 pm to
It’s been a helluva ride so far I just hope it continues for another year or two
first pageprev pagePage 6 of 8Next pagelast page

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

FacebookXInstagram