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NVIDIA Corp NVDA

Alternate Symbol(s):  N.NVDA

NVIDIA Corporation is a full-stack computing infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. The Company’s segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing platforms and artificial intelligence (AI) solutions and software; networking; automotive platforms and autonomous and electric vehicle solutions; Jetson for robotics and other embedded platforms, and DGX Cloud computing services. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating three-dimensional Internet applications.


NDAQ:NVDA - Post by User

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Post by MarketWolf24on Nov 26, 2024 9:59am
51 Views
Post# 36330967

Nvidia’s Valuation is Getting Wild, But the Story is Too Str

Nvidia’s Valuation is Getting Wild, But the Story is Too StrI don’t know about you guys, but I’m definitely torn with $NVDA right now. On one hand, this thing is insanely overbought with a P/E ratio that looks like it's out of a different dimension. But on the other hand… we’re talking about the AI revolution, and Nvidia is the poster child for that trend. If you're swinging it, there’s definitely money to be made in the short term, but if you’re holding it long-term, I’d be cautious if we hit $500+. I don’t care how strong the fundamentals are; at some point, you’re just paying for hype.What I’m doing is waiting for a pullback. Let’s see if we get any cracks around $460. If it dips, I’ll add a small position, but I’m not just throwing money at it at these levels.Nvidia is a beast, but don’t forget it’s a market darling right now, and being overly exposed to it feels like a bit of a gamble. But hey, that's the game we play, right?On the flip side, $BOLT is starting to show some potential. I’ve been watching its chart closely, and there's talk that this stock might have a breakout in the near future. The market sentiment is building around it, and if it catches momentum, it could easily follow up with a nice pop. If $NVDA takes a breather, $BOLT might be the play for some quick gains.
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