Let’s talk about $NVDA. No need to panic!
Let’s talk about $NVDA. No need to panic, I'd say. If you look at the performance from the perspective of a trader, an investor, and a long-term investor (Buy-and-Hold), here's what you find:
- Trader OMG Nvidia crashed 10% today!!!
- Investor Ahh ok, Nvidia is still up 54% this year.
- Long-Term Investor Wow, my Nvidia position is up 1,536% in the last 5 years. Crazy
The market correction, which I consider healthy, could offer good entry points. I’m hoping for further drops in prices. Around $500, it's worth taking another close look at the stock. Currently, much is driven by negative sentiment in the chip industry. But $NVDA, $AMD, $INTC, $SMCI, $TSM, $ASML, etc., will shape the coming years and decades. They are the pillars of AI, FSD, robotics, cloud/data centers, even cybersecurity and crypto. Long-term, the chip sector will benefit.
Here are a few key facts about #NVIDIA and a brief evaluation of the stock based on various assumptions.