Quick, sustained buying of the dips!

$NVIDIA Corp(NVDA)$ 's share price at very end of October was the same as it was - 4.5 months earlier - in middle of June.

The share price languished even though in August they had slaughtered an 11 billion revenue forecast many thought was pie-in-the-sky dreamy high - and beat it by 2.5 billion!

Nvidia's more recent share price gains were LONG overdue, and seems to me came to be because the investing world had time to digest and ponder Nvidia's mind-boggling growth (growth never before seen in Wall Street history!), and came to realize it is sustainable.

I am not expecting any significant pullbacks. I suspect any pullbacks - like the past few - will continue to be met with quick, sustained buying of the dips.

Companies don't lower prices if they have demand for their products...such as $Tesla Motors(TSLA)$

Chase High of NVDA or Bottom Tesla?

In just two weeks, Nvidia rose from $495 to $595. The AI heat is getting hotter. Tesla, however, fell for 2 consecutive weeks and closed at $208 yesterday. Investors are waiting for Tesla's earnings this week. NVIDIA's market value is now equal to two Tesla. -------------------- Do you think this valuation is reasonable? Will you chase the high of Nvidia or bottom Tesla? What's your target price for Nvidia and Tesla?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":266140932800528,"tweetId":"266140932800528","gmtCreate":1705996460093,"gmtModify":1705996538213,"author":{"id":9000000000000725,"idStr":"9000000000000725","authorId":9000000000000725,"authorIdStr":"9000000000000725","name":"AfraSimon","avatar":"https://static.tigerbbs.com/46d30a827da942c1b0307f51e832534e","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":643,"starInvestorFlag":false},"themes":[{"themeId":"e30c9bef91db43a1a748bb2a00cbaefc","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Chase High of NVDA or Bottom Tesla?","type":4,"description":"In just two weeks, Nvidia rose from $495 to $595. The AI heat is getting hotter.\nTesla, however, fell for 2 consecutive weeks and closed at $208 yesterday. Investors are waiting for Tesla's earnings this week.\nNVIDIA's market value is now equal to two Tesla. \n--------------------\nDo you think this valuation is reasonable?\nWill you chase the high of Nvidia or bottom Tesla?\nWhat's your target price for Nvidia and Tesla?","image":"https://community-static.tradeup.com/news/b7a91a904a76733ccca99feb74478e42"}],"images":[],"coverImages":[],"title":"Quick, sustained buying of the dips!","extraTitle":"","html":"<html><head></head><body><a data-mention-id=\"NVDA\" class=\"teditor-mention\" data-mention-name=\"NVIDIA Corp\" href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> <v-v data-views=\"1\"></v-v>'s share price at very end of October was the same as it was - 4.5 months earlier - in middle of June.The share price languished even though in August they had slaughtered an 11 billion revenue forecast many thought was pie-in-the-sky dreamy high - and beat it by 2.5 billion!Nvidia's more recent share price gains were LONG overdue, and seems to me came to be because the investing world had time to digest and ponder Nvidia's mind-boggling growth (growth never before seen in Wall Street history!), and came to realize it is sustainable.I am not expecting any significant pullbacks. I suspect any pullbacks - like the past few - will continue to be met with quick, sustained buying of the dips.Companies don't lower prices if they have demand for their products...such as <a data-mention-id=\"TSLA\" class=\"teditor-mention\" data-mention-name=\"Tesla Motors\" href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a></body></html>","htmlText":"<html><head></head><body><a data-mention-id=\"NVDA\" class=\"teditor-mention\" data-mention-name=\"NVIDIA Corp\" href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> <v-v data-views=\"1\"></v-v>'s share price at very end of October was the same as it was - 4.5 months earlier - in middle of June.The share price languished even though in August they had slaughtered an 11 billion revenue forecast many thought was pie-in-the-sky dreamy high - and beat it by 2.5 billion!Nvidia's more recent share price gains were LONG overdue, and seems to me came to be because the investing world had time to digest and ponder Nvidia's mind-boggling growth (growth never before seen in Wall Street history!), and came to realize it is sustainable.I am not expecting any significant pullbacks. I suspect any pullbacks - like the past few - will continue to be met with quick, sustained buying of the dips.Companies don't lower prices if they have demand for their products...such as <a data-mention-id=\"TSLA\" class=\"teditor-mention\" data-mention-name=\"Tesla Motors\" href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a></body></html>","text":"$NVIDIA Corp(NVDA)$ 's share price at very end of October was the same as it was - 4.5 months earlier - in middle of June. The share price languished even though in August they had slaughtered an 11 billion revenue forecast many thought was pie-in-the-sky dreamy high - and beat it by 2.5 billion! Nvidia's more recent share price gains were LONG overdue, and seems to me came to be because the investing world had time to digest and ponder Nvidia's mind-boggling growth (growth never before seen in Wall Street history!), and came to realize it is sustainable. I am not expecting any significant pullbacks. I suspect any pullbacks - like the past few - will continue to be met with quick, sustained buying of the dips. Companies don't lower prices if they have demand for their products...such as $Tesla Motors(TSLA)$","highlighted":1,"essential":1,"paper":2,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/266140932800528","repostId":0,"isVote":1,"tweetType":1,"viewCount":723,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NVDA","TSLA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":678,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/266140932800528"}