To The Moon

🌟🌟🌟Dan Ives of Wedbush has called $NVIDIA Corp(NVDA)$ report the "most important tech earnings in years". I agree with him as all eyes will be on Nvidia this Wednesday August 28. Evercore analysts also recommend buying Nvidia stock ahead of earnings, saying that recent worries about potential delays in the release of the Blackwell system are "overdone". Nonetheless there will be lofty expectations from Wall Street Analysts as Nvidia has been beating earnings expectations since 2023 with Triple Digits Revenue and sales growth rates. Nvidia has reported an outstanding set of results in Fiscal Q1 2025 and yet again impressed markets with its quarterly report. Nvidia added USD 200 billion to its market cap on May 23 after its report. Nvidia had previously added a record USD 277 billion to its market cap after its fiscal Q4 earnings release in February. Nvidia has been breaking records one after another. Considering that Nvidia became a USD 1 Trillion company only as recently as last year and its valuation zoomed past USD 2 Trillion earlier this year, Nvidia is simply the best performing Big Tech stock of all time! Nvidia is now worth USD 3.18 Trillion in market cap. Is Nvidia a buy ahead of its much anticipated Q2 report? With its last update, Nvidia guided for revenue of around USD 28 billion and a non GAAP gross margin of 75.5% in Fiscal Q2. Wall Street Analysts think that Nvidia will deliver even better results, with the average analyst estimate calling for revenue of USD 28.6 billion. Nvidia has crushed sales and earnings expectations since 2023 and there are signs that Nvidia will deliver another round of performance beats. Looking at capital expenditure data and guidance from its big customers like $Microsoft(MSFT)$ $Meta Platforms, Inc.(META)$ and $Alphabet(GOOG)$ it is likely that Nvidia is in a strong position to deliver a significant sales beat. However the area of vulnerability in Nvidia's Q2 report could be the delay of the next generation Blackwell processors, its forward guidance and the impact of sales due to US authorities' ban on the export of the most advanced chips to China. This could result in volatility in Nvidia's share price. Performance wise Nvidia was up 4.5% on Friday and 15% in the past month. It has skyrocketed 168% year todate and in 2023 Nvidia has jumped 181%. Wall Street Analysts are unanimously Bullish on Nvidia, with an average Target price of USD 144.17, an upside potential of 11% according to 41 Wall Street Analysts surveyed by Tipranks. I have invested in Nvidia two months ago. In that time, I have experienced Nvidia's share price going below USD 100 and it was certainly scary. However I asked myself what is Nvidia's future and the answer is definitely bright. With Nvidia's dominant market share of 80% of the specialised AI chips, this is one stock I am holding onto long term. Volatility is the price that I am prepared to pay to receive long term gains. With Nvidia, Beth Kindig of I/P Fund is saying that it could reach a USD 10 Trillion market cap by 2030 and I want to be part of this exciting event when it happens. As the late Charlie Munger likes to say "The Big Money is not in the Buying and Selling but in the Waiting". @Daily_Discussion @TigerStars @Tiger_comments @MillionaireTiger @CaptainTiger