Just don't be the bag holder 

Nvidia's Stock Is Soaring Largely Thanks to Microsoft, Alphabet and Tech's Other AI Giants. That Won't Last

Companies are spending big to develop their own AI chips so they don't have to keep paying Nvidia. Within a few years, AI chips will sell at a small fraction of Nvidia's 'only game in town' price.Artificial intelligence and seven stocks have been driving the U.S. market's performance for a while. I agree with the market - these companies are magnificent. I'd want my kids to work for any of them.But there's a magnificent difference between a magnificent company and a magnificent stock - the difference lies in magnificent valuation. The price you pay for the shares of a company, even the magnificent ones, matters. Of course, I could have written these same words about Nvidia when its shares were much lower. I'll always look dumb questioning apostasy until I'm not. I'm used to it.Then the conversation shifted to the stock market and, of course, Nvidia. He asked me what I thought about it.Let me explain, using Alphabet as an example: Nvidia is currently selling some of its AI microproce
Nvidia's Stock Is Soaring Largely Thanks to Microsoft, Alphabet and Tech's Other AI Giants. That Won't Last

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet