It has been a bit of a slow go lately for Nvidia. I debated on selling some or most of my shares for FSELX, but I have not done it yet. Over a year the returns are still promising. I guess time will tell.
I dumped 10k shares of a penny stock (blnd) i was playing with for $4k profit.. I expect it to go up but I kept 10k shares for the future
.. using it for a business trip to Florida...
Every bubble has its rotation. Before 2000 we started with the software and computer companies, and rotated to anyone with a website and a sale pitch, and blew up with the telecoms and there suppliers.
Here we did the chip makers then the hyper scalers and now were at the memory companies.
Micron and Nvida have BILLIONS in quarterly sales, with huge quarter over quarter growth and very firm margins. P/E rations are in the 20's . This has nothing to do with a "bubble".
Micron and Nvida have BILLIONS in quarterly sales, with huge quarter over quarter growth and very firm margins. P/E rations are in the 20's . This has nothing to do with a "bubble".
Micron and Nvida have BILLIONS in quarterly sales, with huge quarter over quarter growth and very firm margins. P/E rations are in the 20's . This has nothing to do with a "bubble".
Thats good because there not making any money now. All the hyperscalers which were a license to print there own money are now taking loans via the bond market.
Not saying I am not trading them. Bubbles usually last much longer than most people think they can.