TSX:AX.PR.E - Post by User
Post by
Torontojayon Jul 26, 2024 4:09pm
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Post# 36150512
Nvidia and Tesla
Nvidia and Tesla Do you remember when Tesla was the darling stock of the S&P and it could do no wrong? Nobody cares about them anymore. It's all about Nvidia now.
Valuations do matter and so will the reality that awaits Nvidia shareholders when it can no longer grow at the rate implied by its market cap.
Competition will eventually erode their profits and its 80% market share will get reduced as new players enter the space.