re: NVDA's rise and continued strength is amazing

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I can’t believe the amount of money I’ve made going full idiot buying the dip with weekly call options on nvda the last 2-3 weeks.

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How much?

I've always been too dumb to understand what those are.

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can’t believe the amount of money I’ve made going full idiot buying the dip with weekly call options on nvda the last 2-3 weeks.

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Same, I sold my weekly $690’s yesterday at a good profit, and took some $720 lottos….

Please keep pumping…

I was probably too aggressive and should have taken $710

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is NVDA projected to go to the 800s price target?

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Goldman has an $800 price target.

Absolutely astonishing!

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This now has a larger market cap than the entire stock market in China. lol

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Well, China’s economy is crap and their real estate is tanking. Their market is dealing with deflation and off about 26% in the last year and 8% YTD. Meanwhile, NVDA has 85% - 95% market share of the most revolutionary technology since the internet was created. NVDA is going to continue to grow into a valuation that will have it as one of the top two or three businesses in the world in the next 24-36 months, likely no. 1.

NVDA is so strong people don’t even realize its biggest competitor. Most would guess it is AMD, but it’s actually Broadcom. Proof that there really is no competition.

Do y'all think this is still a buy at 720 for a potential long term hold?

I 100% believe AI is going to huge in our future, but know little about the market and have just done index funds til now.

Thanks.

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If i had more cash i would be buying more myself. Just make sure you put a stop/loss on it.

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Why would you put a stop loss on a long term hold.

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Its a very volatile stock never know when it can go down 100 pts or more and i would rather lock in profits just in case it went south in a hurry

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So you don’t want to sell it at $720, but you’d be willing to sell it lower if it fell? That mentality makes no sense for a “long term hold.”

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So you don’t want to sell it at $720, but you’d be willing to sell it lower if it fell? That mentality makes no sense for a “long term hold.”

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Different strokes for different folks. No i wouldnt sell at $720 but if it free falls then i want out at say $510 instead of say $310 where it might end up and never recover.

Stay in your lane with the biggest % of your money, but NVDA is an excellent choice to play with. There are a lot worse individual stocks to invest in and not many better. But jump in soon if you are going to. It is a fairly low risk as far as losing money.