"I've been telling people to just buy Nvidia since I named my dog after the company when the stock was just under $4, and now it's 189 bucks."
"fundamental drivers in the market are enormous,"
"you either believe in the fourth industrial revolution, as described by Nvidia CEO Jensen Huang, or you don't"
"He [Huang] thinks we're not even 10% through this transformation. I think he knows more than the bears."
Nvidia has delivered continuous strong results and is expected to climb further as financial metrics catch up with an elevated stock price. Certain high-growth stocks trade at very high multiples, yet unique circumstances support premium valuations for selected companies. Company management characterizes the AI-driven expansion as a multi-trillion-dollar infrastructure build-out with only a small percentage completed, suggesting sustained long-term demand. Confidence in management and fundamentals underpins continued bullishness despite valuation concerns. Skeptics warn of potential overvaluation, but historical returns have favored investors who embraced the growth thesis, reinforcing conviction in top-performing names.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]