Cisco, which dominated the Internet bubble in the late 1990s...
Cisco, which led the Internet bubble in the late 1990s, saw its revenue peak at about 15 times that of 1994, and its stock price soared nearly 4,000% from 1994 to 2000. During the burst of the Internet bubble, the company continued to plummet, with its stock price dropping about 85% from its peak to the bottom.
In contrast, NVIDIA's stock price has only risen about 1,500% in the past six years. Niles believes that this may mean that the chip manufacturer still has more room to rise before being affected. The recent significant drop in NVIDIA's stock price over the past week has provided an attractive buying opportunity. Moreover, most Wall Street analysts remain optimistic about the prospects of this chip manufacturer in the next few quarters, especially considering that the company appears to be ready to launch the next generation Blackwell AI chip.
According to data from Nasdaq, the average target price for analysts is $153.24 per share, which means NVIDIA still has a 42% upside potential at its current level.
#InvestingInUSStocksCanMakeYouRich
In contrast, NVIDIA's stock price has only risen about 1,500% in the past six years. Niles believes that this may mean that the chip manufacturer still has more room to rise before being affected. The recent significant drop in NVIDIA's stock price over the past week has provided an attractive buying opportunity. Moreover, most Wall Street analysts remain optimistic about the prospects of this chip manufacturer in the next few quarters, especially considering that the company appears to be ready to launch the next generation Blackwell AI chip.
According to data from Nasdaq, the average target price for analysts is $153.24 per share, which means NVIDIA still has a 42% upside potential at its current level.
#InvestingInUSStocksCanMakeYouRich
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103164496 : I don't think technology is a bubble.
历史的垃圾时间 : Technology will not be a bubble, the bubble lies in the company. Technology will always progress, it is the companies that get eliminated.