Nvidia: Time To Load Up
Summary
- The market might not be ready enough to see a $4 trillion market cap company, but a mix of bullish catalysts makes NVDA well-prepared to break through the $3 trillion level.
- Valuation analysis reveals Nvidia is attractively valued with a fair capitalization near $5 trillion, offering substantial upside even with conservative growth estimates.
- Nvidia is miles ahead of its closest rivals in terms of capturing AI tailwinds which we can see from its immense pricing power and unparalleled financial position.
- Nvidia's Q2 earnings showed 122% YoY revenue growth, highlighting its ability to capitalize on AI industry tailwinds, unlike AMD and Intel.
Antonio Bordunovi
Investment thesis
My previous bullish thesis about Nvidia's stock (NASDAQ:NVDA) did not age well as the stock lagged behind the broader U.S. market over the last three months. On the other hand, NVDA's price decrease is not significant.
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