If you only hold Nvidia for the second half of the year, what might happen?
$NVIDIA Corp(NVDA)$ is undoubtedly the hottest star stock in the market. Over the past 5 years, Nvidia has risen by 2,967.88%.
The anticipated decline after the stock split did not really occur, with the stock pulling back about 10% and then rebounding to $126.
Now, whether to take profits and sell or to buy is a very risky choice. If you only hold Nvidia for the second half of the year, opinions are quite divided.
What do you think?
A. Up 20%
B. Cover living expenses
C. Achieve financial freedom
D. Lose 50%
E. Go bankrupt
Leave your comments and also post to win tiger coins!
Comments
then I could probably consider retirement [Sly] [Sly] [Sly]
@rL @HelenJanet @GoodLife99 @Universe宇宙 @koolgal @LMSunshine @Shyon @Aqa @TigerGPT @SPACE ROCKET
If you only hold Nvidia for the second half of the year, what might happen?
What do you think?
A. Up 20%
B. Cover living expenses
C. Achieve financial freedom
D. Lose 50%
E. Go bankrupt
Leave your comments and also post to win tiger coins!
🌟🌟🌟$NVIDIA Corp(NVDA)$ is undoubtedly the hottest stock that made history several times over. Its journey to the top of the leader board as the most valuable company in the world even briefly is simply the stuff of legends.
However to simply hold just 1 stock however good in my portfolio is like putting all my eggs in a basket. I would prefer to diversify by investing in $VanEck Semiconductor ETF(SMH)$ which gives me access to the best semiconductor stocks globally such as $Taiwan Semiconductor Manufacturing(TSM)$ Broadcom, ASML, AMD, Qualcomm, Texas Instruments Applies Materials and $Intel(INTC)$
and many more.
That way I spread my risks and diversify my portfolio.
Performance wise SMH has done well in tandem with the rise of Nvidia. It is currently up 54% year todate and 72% in the past year. In the event should there be any negative newthat would impact Nvidia, its impact is lessened with the other stocks.
Wall Street Analysts are still Bullish on Nvidia with a Buy rating, Average Target price of USD 156.35, an upside potential of 23% according to Tipranks.
I believe that Nvidia still has lots of exponential growth ahead. So this is a golden opportunity to stock up on Nvidia.
As Warren Buffett likes to say When there is fear in the markets it is time to be greedy.
@Tiger_comments @TigerStars
- Growth: Stock price increases with strong earnings and revenue.
- Volatility: Price fluctuates due to market factors.
- Decline: Stock price drops with increased competition or decreased demand.
- Sideways movement: Stable price with minimal growth or decline.
Remember, holding a single stock long-term is risky. Diversification can help mitigate risk and lead to more stable returns. Always research and consult a financial advisor.