Super quiet here, and the stock had even fallen below 120, which seems noteworthy, and Lisa Su won CEO of the Year from Time Magazine, which also seemed worthy of celebration.
Meanwhile I see this: AVGO and AMD Rally after Analysts Boost AI Revenue Forecasts - TipRanks.com
There’s talk of whether AMD or AVGO is the better investment, I think because AMD has had relatively limited traction vs. expectations on the AI hardware. The process of driving adoption is LONG and is taking huge investments, I get that, but some are thinking that AVGO, having relationships with the hyperscalars for their own custom training and inference chips, may stand to make more money faster. Having the hyperscaler motivated to drive adoption of their custom HW among their customers on their own dime has to work in AVGO’s favor…
Anyone have thoughts? anyone buying or selling?
1 Like
Gee, Nvidia was up 5 today, 3.69% according to CAPs. Not left behind. Still recovering from the bottom; quite a ways to go to new highs. But not asleep. Still moving ahead. And months to next earnings report.
I’m mostly in dividend stocks these days, but I think I will be a buyer if AMD drops much more. I think the actual economy is not going to do well, although some stocks thrive even in poor times. I suspect AMD may be one of them. Track history suggests I am excellent at knowing when to buy, not so good at knowing when to sell. I am much more of a buyer of AMD right now than a seller.
Retail, consumer businesses continue to tell us customers are being more selective with their spending. They are being squeezed by inflation leaving less to spend on extras. That indicates a slowing economy which we hope will be stimulated by reductions in interest rates. And then there’s the question of tariffs and how inflationary they will turn out to be.
I think companies like Nvidia will continue to do well as long as they can grow earnings. Some worry that they may be in for slowing growth and maybe even an earnings miss.
No doubt someone is right but I don’t think anyone knows. Wait and see.
2 Likes
@Roleplayer we should catch up about your taste in dividend stocks at some point. I’m trying to set up a buffer of sorts to insulate my next couple of years of financial needs from the volatility that goes with growth stocks.
I just passed 59 1/2 two weeks ago, so now I can tap the retirement accounts when I need to. Been not working for almost six months while I deal with some life stuff, thinking it would be prudent to find work next quarter.
Not where I want/need to be to retire yet.
1 Like