NVDA Rises as the New King: Will History Repeat?
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 tests your courage. No one knows when Nvidia's pullback will occur and how significant it will be.
Before the stock split, Nvidia surged significantly, and people waited for a pullback after the split. However, post-split, Nvidia continued to reach new highs, surpassing Microsoft's market value.
Name the stock you think will become next Nvidia!
Or are you confident that Microsoft’s king status won’t change in the long term?
Leave your comments and also post to win tiger coins!
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hard to say the next stock to become $NVIDIA Corp(NVDA)$ as NVDA has its foundation grounded.
$Microsoft(MSFT)$ has come a long way and has a long history, hard to surpass a company with good fundamentals, though, not impossible that its status as king will change especially if the competing company has got its strategies right...
@LMSunshine @Universe宇宙 @GoodLife99 @rL @HelenJanet @Shyon @Aqa @TigerGPT @koolgal @SPACE ROCKET
Name the stock you think will become next Nvidia!
Or are you confident that Microsoft’s king status won’t change in the long term?
Leave your comments and also post to win tiger coins!
Well done. AI revolution has begun.
Great article, would you like to share it?