NVIDIA Corporation (NVDA)

Recently took some shares off the table. She's owned this a long time. A large position. Shares have doubled in 3 months. It has a perfect set-up now: many buyers with cash, concentrated positions, little capacity and too much demand. Nothing to stop this for the long term, but it's prudent to take profits.

It's clear that the semis stocks are cooling off after strong momentum. SMH and Broadcom are reversing too. This move is healthy. The market is saying it may be time to take some profits off the table. Not all tech, because Alphabet and Apple are higher, but they will benefit if there's selling in semis and a rotation into these names.

Funny thing is, as it continues to go up in price, it's actually getting cheaper on valuation. Earnings have actually increased at a faster pace than the underlying stock has. This is rare. Early stages of the chip-driven revolution. 

At some point, there will be volatility where it's priced to perfection, there will be a hiccup, stock price will come down. Patience is a virtue. You don't want to feel as though you're chasing a stock. Likes it, thinks it will continue to go up, wouldn't chase. Try for a better price point. If you miss it, you miss it.

It hit yet another high today to become the third-biggest company by market cap. It's not overvalued based on its valuation. It's given so many upside surprises, and the AI revolution is still happening--and who knows where it will go? Buy, don't trade, the king of AI.

It's up today because of Dell earnings, and Dell was up before earnings because of Nvidia. So, you have this positive ping-pong--a feeding frenzy which seldom ends well. It's ridiculous. That said, there's still momentum there.

Trades at 32x PE, but consistently outperforms earnings, and growth estimates are above 50%. Not expensive. There's room to run in AI stocks and not in a bubble.

Their latest quarter lifted the entire market and defied fears that their numbers are unsustainable. Also, the CEO plans to dominate the industry with the best graphic cards in coming years. There's general wonderment here in tech. 

Pretty amazing story. Last quarter reported just over $6B in sales. This quarter is expecting over $20.1B. Hard to figure out what's going to happen this afternoon, let alone 3 years down the road. Core holding. He trimmed a bit, pretty fairly valued. 12-month price target of $710, though other firms have higher targets. You know that earnings are going to be good, but it's all about the guidance.

Short-dated options market expecting a heck of a lot of volatility tonight. Wouldn't be surprised to see a selloff. Smart money will be looking to buy on dips.

Wide moat. Good relationship with TSMC.

They reported another great quarter today with a revenue beat and upbeat guidance. Demand for AI and its chips continues to outstrip demand. Run by an amazing CEO. Own this, don't trade it.

Just because it's gone parabolic, it doesn't mean it will fall back to $400 for those who missed it. Tech remains interest-rate sensitive, though Nvidia is insulated.

Very high valuation at the moment. Phenomenal success in A.I. chip demand. Bet on A.I. growth continuing. Large bet on management execution going forward. Given current valuation - would wait before investing. 

His largest allocation is in semis. NVDA come top $1,000, but he wouldn't add shares at today's price. At some point, you'll find the dip to enter this.

Really tough to answer. Historically, price change on the earnings date has been positive. Has done extremely well. 2.15x PEG, a bit expensive, so look at other AI names. Exciting long term. Gone parabolic, RSI is 80 where 70 already means overbought.

If guidance is outstanding, stock will keep going. He just doesn't know what it's going to report.