Well it would all depend on how Nvidia's top management are able to take advantage of being the leader/first mover in the field. We have seen many seasoned big time investors believing in the similar fashion with regards to Tesla as well, to put it into writing " Tesla is not just a EV manufacturing company " That might be true in reality but so far the company- Tesla has not been able to take full advantage of being the first in the EV sector but on the contrary, it is having a tough time living upto the expectations of its early backers. Its shares have been riding wildly up & down with no visible end to it. On top of that, the tough competitions from the legacy car manufacturers having entered into the EV sectors along with other EV manufacturing companies are giving a tough time to Tesla. Having said that could NVIDIA go up further from this level, the answer is Yes but then, one never knows how long would that last. We are already seeing sharp pull back recently as expected followed by wild ride up again. Human beings are highly sentimental barring very few. It is a Bull run as of now as such almost all the sectors are witnessing upswing in their stock prices. It would likely go on for sometime well into 2025 end / even 2026 followed by some real big crash that we would be talking for years/decades to come. Expect sudden sharp corrections in between the bull run breaks. Market movement is cyclical in nature & if history is any guide like it always does, that's how it is likely to happen. NVIDIA is no exception. But right now it's getting all the attention probably much more than it deserves. Time would only tell the real picture as it gets unfolded slowly, till then Better tread with caution.
Nvidia Isn't Just a Chip Stock, And Could Soar 30% When Investors Realize That
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- JimmyTurner·04-17Can't wait to see how it all plays out in the long run.LikeReport