DaveaPhoenix
09-06

$NVIDIA Corp(NVDA)$  Back when NVIDIA dipped before to $105, I saw an opportunity and took the plunge. Fast forward, and that decision has paid off well as NVIDIA's dominance in AI and GPU markets continues to drive its growth. However, with its stock now trading significantly higher, the question arises: Now that it is back to $105, should I take the ride again?

While NVIDIA is undoubtedly a market leader, there's no denying that competition is intensifying, especially from Intel, which has been aggressively cutting prices to capture more market share. Intel’s recent moves, including restructuring and price drops, are attempts to stay relevant in a fast-evolving semiconductor landscape. This competition might impact NVIDIA’s margins in the future, but its strong position in AI gives it a distinct edge.

If NVDA dips again due to market volatility or competitive pricing pressures, it could present another good buying opportunity. However, considering the current premium valuation, I’d be somewhat cautious and watch for certain entry points where long-term value could outweigh short-term risks.

I will buy again at $105 then again at $100, then $95 until it rises again

Will Nvidia's Rebound Lead to $130 Agian?
Nvidia rises 4% after the market opens. ------------------------------ Do you catch up Nvidia rally? Is Jensen a stock market booster? Is the selloff ending or just a short term rebound?
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

Leave a comment
5
166