Great company and growth potential. Semis in general will do well over the next little while. Many are cyclical and commodity driven, but NVDA's are more high-end
If you look to the future, NVDA will touch all those technologies. Astounding growth profile. Ahead of the competition. Long runway. Hard to get your head around the valuation, but if you buy, you'll probably be happy years down the road. A great company. He owns TSM instead, for the lower risk.
One of his top picks in the industry. Story is clear cut. Completely dominating GPU, with machine learning and AI. The ARM acquisition will get done over time, and he sees the value proposition for consumers. Has had a great run, but he's comfortable with it on a 5-year horizon.
Crypto and gaming are areas that'll continue to grow, so Nvidia is in a sweet spot to take advantage. This will continue to grow. Revenues and market share continue to rise and impress him.
They're in the sweet spot, not going too high or low. The stock split encourages retail investors. He'd still buy this, though he doesn't like tech as a whole now.
Nvidia hit an all-time high today after an analyst upgrade Today's new $750 price target (an all-time high) will encourage other analysts to raise their own targets above $800. This will continue to run.
It is trading at 38x 2023 and 21% EPS growth. On a PEG basis, not bad. A must own name. It has a head scratching valuation, but it always grows into them. Want to buy before the split. Buy in pieces.
They report Wednesday. It popped today. The chipmakers have a lot going for them, but he wants to hear how confident they are about getting regulatory permission to acquire ARM Holdings (which he owns).
Interesting industry, with political aspects. Chips are vital. US is ahead of China in its ability to manufacture chips. TSM is one of the great foundry companies. Huge capex in the next few years. You can also look at NVDA (gaming, cloud) and QCOM (5G).
Likes the semi-conductor name. Very much cyclical and we are seeing a supercycle. He would want to be in a name with AI aspects so NVDA would be his choice to put fresh capital into.
(A Top Pick Mar 11/21, Up 21.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NVDA is progressing well and has achieved our initial $630 target. To remain disciplined, we recommend covering 50% of the position and trailing up the stop (from $425) to $520 -- the original recommended entry level. This will all but guarantee a minimum investment return of 10%.
NVIDIA Corporation is a American stock, trading under the symbol NVDA (previously NVDA-Q on Stockchase) on the NASDAQ (NVDA). It is usually referred to as NASDAQ:NVDA or NVDA