Is NVDA a multiple 10 trillion dollar company?
$NVIDIA Corp(NVDA)$
I put 25% of my entire portfolio into NVDA on dip before Christmas. Should've bought more on the high 700s pause, will continue to buy on the dips as multi-year hold for me. I agreed with the $1245 12 month target price when I bought in December. I also see 2500-5000 share price in the next 5-10 years, which is why I will continue to buy on the dips.
Others may disagree with this strategy, and time will tell. Already up 80% in less than 3 months. The end of the decade will see multiple 10 trillion dollar companies, and this will be the first. We will also see the first trillionaires, and Musk with $Tesla Motors(TSLA)$ + eventual Space X valuation will be the first. The future continues to unfold, hardly insanity, simple supply and demand.
20-30 years ago, who thought they would be replacing their landlines and $30 phones they kept for 10-20 years with $1500-2000 handsets or $3500 augmented reality goggles? New tech is expensive, but worth it.
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