Nvidia: Why I'm Holding On For The Ride At All-Time Highs
Summary
- With Nvidia Corporation stock now at all-time highs and hitting a valuation of $4 trillion, value investors may take profits and invest elsewhere. But I foresee a 30% upside in 12 months.
- Even though I'm optimistic in the near term, I'll potentially be closing at a $200 stock price if my analysis shows a gap between AI and robotics growth as likely.
- NVDA isn't a reliable "buy and hold" stock. It's the kind of elite growth investment with cyclical tendencies that you need to treat with military precision and timing.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of NVDA, AMD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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