NVIDIA Corporation (NVDA)

Likes and owns. #1 market darling this year in the S&P 500. Best semiconductor and chip maker out there. Pole position in the arms race for AI chips. Tremendous growth, but demanding multiple. 2025 earnings will make the valuation look much less demanding. You want to be early owning the leaders. Pinnacle of momentum.

Big gaps up on earnings, also selloffs. Roll with the punches, take a multi-year view. Size your position accordingly. Will be much bigger 2-3 years down the road.

An amazing company. Trades at 25x next year's PE and 20x in 2025. That's still cheap given their explosive growth.

Stock chart has been doing very well. Worried that stock price is heading towards resistance. Sideways performance might happen. Would recommend taking a small position. Could have higher highs.

Likes it. Reasonable at 24x PE, and they're selling something that everybody wants. That gives this stocks a lot of cushion on the downside.

The momentum and revenue growth still looks strong. However after next year look at the environment for semi-conductors. AMD and Intel may get into the AI market and three of Nvidia's customers could start making their own AI chips. There is also a semi-conductor boom going on in China. Lots of possible competition could lead to a glut of semi-conductors in 2 or 3 years. It also specializes in making software. Nvidia has lost 50% of its value twice in the past 6 years and this could happen again.

The question was on what is a a good strategy to follow when considering buying a stock like this that has gone up a lot and you have missed the run-up. He feels that it doesn't matter what the percentage increase is when deciding whether to buy a stock. The question is whether it is going to correct now. You use technical analysis to decide whether a stock goes up, goes down, or stays the same. We are in a two week wiggle time period with stocks due to tax loss selling and there is no rush to buy anything now. You could look for 10 to12% downturn from here.

Would recommend buying stock, but difficult to predict valuation of business. Thinks there is froth in the stock right now with very high valuation. Expecting growth going forward. Demand for chips not going away. If able to hold for long period, would be a good buy. If a short term investor, would not buy at this time. 

It's become a core holding for investors, and you may take some profits in January, but hold onto it for the long term. Keep this as a core holding for the next several years.

It's a cheap stock, trading at 24x PE 2024, a growth rate of 15% and PEG ratio of 0.5. A beautiful balance sheet and they're not capital intensive, and they literally can't make enough product to satisfy demand.

They reported yesterday and expectations were great, but the report was not great. Hence, shares are weak today. It trades at 14x 2024 sales, which few companies can achieve. Tesla was one, and when they reached that, they had a 70% drawdown.

It's in a league of its own, but there was a big concern where the semis would have excess inventories. It comes down to execution in the face of lower demand and a slower economy. Going into 2024, look at what Nvidia will align with, such as data centres, the number of which will likely decline. The semis space won't see a rising tide lifting all boats, despite a secular tailwind.

They report after the bell and the market is watching this closely. They gave eye-popping guidance 90 days ago, calling for $16 billion in revenue. The street consensus is validating that.

The leading chipmaker with 75% of revenue from data centres, and an essential partner in cloud infrastructure. A strong AI play.

It has been in the sweet spot with its chips products for the cloud business. The U.S. is supporting the production of chips within its borders. Buy even if there is a miss on the next quarter.