written by reader I really like NVDA But I’m worried about where the price

By backoffice, December 19, 2016

point is at and just where it may be headed, anyone have any thoughts on this? Thank you

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

3 Comments
Inline Feedbacks
View all comments
Travis Johnson, Stock Gumshoe
December 19, 2016 11:09 am

It’s a great company enjoying the confluence of three big trends (AI, autonomous driving, virtual reality/gaming), and yes, it is crazy expensive now. I sold a while back and haven’t been able to convince myself to buy back in — but that’s been true of some burner growth stocks in the past as well, and sometimes I’ve missed those runs because I can’t stomach the valuation (Amazon, Netflix, etc.). I don’t know what will happen next for NVDA — I would guess that the next possible dip for them is if the high-end video card revenue drops off before their other businesses pick up, then they could disappoint for a quarter or few… but it’s certainly not happening yet and analyst expectations keep rising.

Add a Topic
34
Add a Topic
342
👍 16200
nocotek
Member
nocotek
December 20, 2016 1:48 pm

Not to detract too heavily, but what is your take on AMD which is ski-daddlin’ around the CPU/GPU market with similar trends (VR, AI, Gaming, etc,.)

👍 25
Travis Johnson, Stock Gumshoe
December 21, 2016 12:17 pm
Reply to  nocotek

My take is that they’ve been so disappointing for so long that there’s both more opportunity and more risk.

👍 16200

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info