Andyyipzh
08-29
$NVIDIA Corp(NVDA)$  

Pretty misleading to have said that guidance misses. It is apparent that NVIDIA is on green on all aspects of their earnings. The company has a strong balance sheet with a more than healthy cash flow.

In my personal opinion, it seems like fund houses and some analyst are setting a high bar/unrealistic targets for Nvidia and expecting the performance tobe doubling QoQ. We know that growth is never seen that way based on the scale of economy. For a fact that the company had met/exceeded the consensus for almost the longest time shows the growth potential of the company and its commitment to dobetter.

With that, fundamentals are right and company stillgrowing at a steady rate/momentum. I'm bullish on NVIDIA for the long term! Grab it while it's cheap!

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

  • jluxe8181
    08-29
    jluxe8181
    Yes exactly. Another article trying to spread FUD with misleading headlines. Nvidia didnt miss guidance.
  • SummerNight
    08-29
    SummerNight
    Agreed, strong fundamentals
  • YueShan
    08-30
    YueShan
    Good⭐️⭐️⭐️
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