
NASDAQ:NVDA
Technology sector normally does well at this time of year. Except if you look at SPDR Technology ETF (XLK-N), the overall technology sector in the US, not so much because it is heavily weighted in one stock. But if you look at the subsectors, such as the semiconductors with stocks such as this one, they actually bottomed 2 weeks ago so this is starting to look very interesting. Seasonal strength is between now and the beginning of February.
Chip graphics. Has owned this in her aggressive portfolios for a long time, and has been regularly taking profits on it. A chip maker in the graphic area, more and more applications. Elon Musk announced that it was going to be central in Tesla (TSLA-Q) going forward, which adds even more excitement. Doesn’t know if you should be buying large positions today. Watch it trade for a while and make sure you really know what is going on before buying a new position. When the smoke clears, it is basically a semiconductor company, and what we pay for a semiconductor company depends on what the product cycles are.