Oh, I am not saying NVDA wont fall…I am sure it will at some point…but based on the report they gave…and the demand they see for the coming quarters, do you really see them cratering anytime this year?
My guess - NVDA is like the next TSLA…Will be highly volatile, but goes higher till it ultimately doesn’t…not sure when that time will be, but the stupid moron in me wonders why now after a very strong ER and guidance…when AI (regardless of whether it is hype/ air or not) is arguably in its infancy.
I would quote all the analyst’s price targets but I am not sure just how much to trust them anymore…BUT…It is certainly nicer to have a much higher price targets universally…than to have it other way around.
And I just saw the ever cautious Morningstar report today…
Anyways, thought I will share the contrarian view…I know you mentioned CISCO…did they crater after they gave a blow out quarter?