ドキドキピーナッツ wrote a post · Jul 1, 2024 14:32

Nvidia is just getting started

Stock prices by the end of the year$150, maybe $200till

Many people think Nvidia is overrated or in a bubble,

$NVIDIA (NVDA.US)$ I think it will easily reach $150 by the end of July or the beginning of August, and reach $200 by the end of the year.

Here's why

AI, and with it Nvidia, is an investment opportunity that transcends generations. Nvidia has first-mover profits and has always surpassed expectations in earnings reports, but that alone is not enough. The company is constantly innovating, releasing new chips, such as Blackwell, that are even more efficient and economical.

Nvidia can do things like self-driving cars, humanoid robots, weather forecasting, manufacturing safety, complex businesses and industries, medical diagnostics and disease treatments. These will be a major boom in stock prices in the future. The possibilities of AI are enormous. Like it or not, it seems like trillion-dollar businesses are becoming commonplace. Broadcom could be part of the next group that until now was a limited club.

Every time investors say Nvidia won't rise any further, or that it won't surpass earnings again, Nvidia shatters predictions and the stock rises.

Competition and opportunity go hand in hand

I wonder how many times there have been articles that AMD will take Nvidia's position or that they will have chips that will overwhelm Nvidia. But that hasn't happened even after many years, and Nvidia just keeps getting stronger.

Furthermore, the valuation value of all stocks is currently inflating, and $Alphabet-A (GOOGL.US)$ 、 $Amazon (AMZN.US)$ 、 $Microsoft (MSFT.US)$ 、 $Apple (AAPL.US)$ Considering how much it has raised its valuation value, Nvidia isn't the only one with a high valuation value.

I don't think AI is a bubble, but I think Nvidia and the market as a whole are likely to get ahead.

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