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Message

re: NVDA's rise and continued strength is amazing

Posted on 2/2/24 at 7:01 am to
Posted by Billy Blanks
Member since Dec 2021
3809 posts
Posted on 2/2/24 at 7:01 am to
quote:

642 in pre this morning



I was thinking of taking some profit. I threw 15k into this like 10 days ago.

At like 529 a share.
Posted by The Egg
Houston, TX
Member since Dec 2004
79144 posts
Posted on 2/2/24 at 9:01 am to
652 LOL
Posted by StonewallJack
Member since Apr 2008
688 posts
Posted on 2/2/24 at 11:27 am to
Buy 664!!!!
Posted by Billy Blanks
Member since Dec 2021
3809 posts
Posted on 2/2/24 at 12:28 pm to
When y'all selling?
Posted by StonewallJack
Member since Apr 2008
688 posts
Posted on 2/2/24 at 12:34 pm to
I have 4 shares..... probably hold forever
Posted by Billy Blanks
Member since Dec 2021
3809 posts
Posted on 2/2/24 at 12:46 pm to
I have 4 in my roth. 28 in my wife's traditional IRA.

Posted by Double Oh
Louisiana
Member since Sep 2008
17829 posts
Posted on 2/2/24 at 4:46 pm to
quote:

was thinking of taking some profit. I threw 15k into this like 10 days ago.

At like 529 a share.

quote:

was thinking of taking some profit. I threw 15k into this like 10 days ago.

At like 529 a share.





Dont sell this stock will split here soon is what they saying.
Posted by Double Oh
Louisiana
Member since Sep 2008
17829 posts
Posted on 2/2/24 at 4:47 pm to
quote:

When y'all selling?





5-10 years from now
Posted by The Egg
Houston, TX
Member since Dec 2004
79144 posts
Posted on 2/2/24 at 5:31 pm to
quote:

When y'all selling?
not any time soon, no reason to
Posted by jsmoke222000
Lake Charles
Member since Oct 2007
6213 posts
Posted on 2/4/24 at 10:24 pm to
Posted by Billy Blanks
Member since Dec 2021
3809 posts
Posted on 2/5/24 at 12:15 am to
A stock split does nothing
Posted by Granola
Member since Jan 2024
465 posts
Posted on 2/5/24 at 5:04 am to
Have some in my Roth IRA. Been rocking and rolling
Posted by The Egg
Houston, TX
Member since Dec 2004
79144 posts
Posted on 2/5/24 at 6:59 am to
683 in premarket, gunning for 700 this week
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 2/5/24 at 8:49 am to
Goldman said they see 20% upside so naturally the market will gain that in 3 days and then rally another 200% in a month
Posted by go ta hell ole miss
Member since Jan 2007
13629 posts
Posted on 2/5/24 at 8:55 am to
quote:

quote: I would not initiate any positions here, because it is hard for me to see them grow into the current valuations. However, the market is pretty over valued already.


People have been saying this for the last 350 points. Their forward PE is 30. They continue to grow into fair valuation. This is a $1200-1500 stock in 18 months.


People have now been saying this for the last 440 points as it has moved 13% since the post. It’s still a long way from where it will be over the next 18 months.
Posted by sonoma8
Member since Oct 2006
7666 posts
Posted on 2/5/24 at 8:57 am to
I keep waiting for a down day to jump in…. Still waiting…
Posted by StonewallJack
Member since Apr 2008
688 posts
Posted on 2/5/24 at 9:45 am to
Buy now!! We going to the mooooon
Posted by turkish
Member since Aug 2016
1761 posts
Posted on 2/5/24 at 10:41 am to
I was in your shoes. Went ahead and took the plunge about 20% ago.
Posted by slackster
Houston
Member since Mar 2009
84991 posts
Posted on 2/5/24 at 12:43 pm to
quote:

People have now been saying this for the last 440 points as it has moved 13% since the post. It’s still a long way from where it will be over the next 18 months.


Depending where you look, it’s trading at about 32x forward earnings, which is less than its 5yr average of nearly 42x. You can argue it’s cheap.

However, as I’ve said a few times in this thread, the law of large numbers starts to become a bit of a problem. NVDA 1/3/5/10 yr annualized returns are all north of 65%. That’s simply not a sustainable pace for a $1.7T company - NVDA would be a $5T in 30 months at that clip.
Posted by OTIS2
NoLA
Member since Jul 2008
50131 posts
Posted on 2/5/24 at 2:42 pm to
At some point the run will stop and reverse...hope I guess right when that happens.
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