NVDA Rises as the New King: Will History Repeat?
@Tiger_comments:
On Tuesday, $NVIDIA Corp(NVDA)$ stock price surged to $135, pushing its market value to $3.33 trillion, surpassing long-time market leader $Microsoft(MSFT)$.The target price for Nvidia latest Wall Street is as high as $200, with the most optimistic analysts expecting its valuation to approach $5 trillion within the next year.Will the history repeat? This reminds me of March 2001 when $Cisco(CSCO)$ also surpassed Microsoft's market value.In March 25, 2001, Cisco replaced Microsoft as the world's most valuable company. Analysts predicted Cisco's potential to reach a market value of $1 trillion.Would You Invest in Nvidia or Look For the Next "NVDA"? The bull market