Value of advisors…. Does anyone remember who picked NVDA ….I was fortunate enough to have some NVDA year ago before the big runup.
Does anyone know which of the “experts” and newsletters etc. predicted and
recommended it as a buy and when they did it ……. my theory is that most
of them are guessing most of the time in their predictions ….
jd
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.
It’s been among the more
Popular tech stock recommendations for a few years, first with autonomous driving then VR and cryptos as the impetus. The first one I covered was from David Gardner at the Motley Fool, in 2014 if memory serves.
It hasn’t been hard to recommend NVIDIA as a compelling tech stock over the past decade or so… what’s been hard has been holding on, including holding through some huge declines when the story faded a couple times. A year ago, NVIDIA was expected to have declining earnings for 2023.
Perhaps I wasn’t clear about what I meant. I see a lot of the “experts.”
saying “If you bought my recommendations 10 years ago you would.
have 100% more now.” I’m talking about the latest spike beginning
in the first week in Jan which is when I would have wanted to buy it for
the momentum play….. Its easy for them to recommend it now
that everyone is talking about it… I would like to know who was
highlighting the stock in December before it broke out ….
NVIDIA has been by far the most popular stock in the market for about a year now… I’m sure that some short-term newsletters have recommended trades of the stock, but they wouldn’t have used it in their promos because nobody wants to pay for a recommendation to buy the most popular stock in the world. They want “secret” or unknown investments, for the most part.
And, of course, most of the short-term trading newsletters are very likely to have terrible performance over longer periods of time. Just like most day-trading investors do. If there’s a consistent exception to that, I’m unaware of it… but I also don’t write often about short-term trading recommendations. The most likely match for what you’re looking at would probably be the quant-driven investment advisories, like Louis Navellier or TradeSmith, they’re generally more likely to invest in momentum stocks with a shorter time horizon.