$NVIDIA Corp(NVDA)$ $Alphabet(GOOG)$ NVDA operates in a cyclical industry that has historically had a lot of boom and bust periods. Just look at where NVDA's EPS went YoY in the last decade, they've had multiple years of it shooting up or down 30%+.

So given it's cyclicality, and sky high valuation, yes you're definitely taking a big risk buying NVDA now in ways that you aren't if you by GOOGL.

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