Kczx
08-29
$NVIDIA Corp(NVDA)$  

[Happy]  since my investment timeline is forever, maybe this is a good time to buy the dip! 

Many articles are writing about how Nvidia shares fall due to revenues missing the most optimistic analysts forecasts. Perhaps someone needs to start tracking specific analyst track records, need to stop listening to analyst that churns out wrong estimates. 

Revenues grew exponentially with respectable Earnings per share. everyone would be excited if another company reported such strong results. So I see no reason to panic. 

Company continues share buybacks, should give confidence that the share price will remain somewhat stable. 

Remaining bullish on this super charged AI stock unless we start to see fundamentals changes. So far, there is nothing to suggest that. 



Nvidia Rebound: Still a Long Term Bet?
Nvidia drop 2% despite exceeding expectations for the third quarter and providing strong guidance. Nvidia posted 81 cents in adjusted earnings per share and $35.08 billion in revenue. Analysts surveyed by LSEG were expecting 75 cents in earnings per share and $33.16 billion in revenue. ----------------- What's your target price for Nvidia? Head to $130 or $140 this week?
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Comments

  • Boybabyrage
    08-29
    Boybabyrage
    Panic investors and analysts are just short sellers in disguise :)
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