Considering the recent market changes and the stock market taking a small dip. What would be a decent price point to buy Nvidia stock? It’s around ~$770 currently. Would it go still go low?
If we could accurately predict the future of any stock we’d all be very wealthy. Place your bets if you must.
NVDA is a blind-buy because of the cuda monopoly. Just keep buying.
NVIDIAns are already wealthy
It should go down a bit more in the next 3 months. As soon as they will get numbers that Gen AI is not giving business revenue as they hoped.
When it hits P/E ratio of 25 but market is typically always greedy and goes by mood so who knows when is the right time to buy
This isn’t a dip
No one knows lol
Happens before earnings call, if you believe the earnings would come in higher. Buy now for a discount.
Amazon, Meta, Google, Samsung those all companies have plans or produced new AI accelerators to replace high-cost nVidia chip. What do you think about the nVidia stock price? Check about ASML stock and SMCI performance. Especially, you can check out SMCI performance. If the performance is bad, nVidia reduced their chip production. That's what happened today.
When is NVDA earnings? How to precisely correlate SMCI earning to NVDA? I know SMCI will report on 4/30. If SMCI fails to meet expectation, it would go down and take NVDA down too. I am bullish on NVDA, so short term dipping due to overreaction may be good to accumulate.
You can buy it if you believe so.
300
It’s going to follow Tesla trajectory
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