NVDA has had a wild ride lately. I managed to average down to $105/share during the dip, betting on the long-term potential of AI driving the stock higher.
While Nvidia's dominance in the AI chip market is undeniable, the valuation has been stretched. This pullback offers a chance to re-evaluate the risk-reward.
I'm keeping a close eye on:
Valuation multiples: How does the current P/E and forward P/E compare to historical averages and tech peers?
AI market growth: Can Nvidia sustain its growth rate as competition heats up?
Macroeconomic factors: How will rising interest rates and potential recession impact tech stocks?
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- peepzy·08-07Impressive 🙌 [Like]LikeReport