Selling NVIDIA now is a mistake!

AfraSimon
09-02

$NVIDIA Corp(NVDA)$ I certainly don't think NVIDIA will go up 30x over the next 5 years - I think AI will be big, but not THAT big. I mean, that has to be like having a monopoly on the replicator in Star Trek or something.

However, I think NVIDIA will outperform in a bull market and if there's a bear market, it'll lead the recovery. No company is a buy-and-hold forever, and that's especially true in technology, but selling NVIDIA now strikes me as a mistake given its leadership, growth, and dominance.

I bought 1K more shares at $104 despite having well over a full position (I mean, it's roughly half of my investment portfolio, and about 45% of my family's net worth) because I couldn't think of a better place for my money.

I'm in my 30s and would seek to diversify a lot more if I was a much older investor, but I'd own NVIDIA and other semi and tech stocks regardless.

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