When one didn't buy, will say

2
Comment
Favorite

When one didn't buy, will say expensive . Once bought , will say cheap and all the nice words to promote

Nvidia Is Still Undervalued, Says $50 Billion Manager Impax

Impax is best known as an investor in the green transitionSlump helped Impax buy into Nvidia after missing earlier rallyNvidia Corp. share-price slump earlier this year resulted in a peak-to-trough de

Nvidia Is Still Undervalued, Says $50 Billion Manager Impax

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

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":358506692878512,"tweetId":"358506692878512","gmtCreate":1728534286971,"gmtModify":1728534290879,"author":{"id":4171803256903022,"idStr":"4171803256903022","authorId":4171803256903022,"authorIdStr":"4171803256903022","name":"WealthBuilder","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":1,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>When one didn't buy, will say expensive . Once bought , will say cheap and all the nice words to promote&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>When one didn't buy, will say expensive . Once bought , will say cheap and all the nice words to promote&nbsp;</p></body></html>","text":"When one didn't buy, will say expensive . Once bought , will say cheap and all the nice words to promote","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/358506692878512","repostId":2474062082,"repostType":2,"repost":{"id":"2474062082","pubTimestamp":1728518400,"share":"https://www.laohu8.com/m/news/2474062082?lang=&edition=full","pubTime":"2024-10-10 08:00","market":"us","language":"en","title":"Nvidia Is Still Undervalued, Says $50 Billion Manager Impax","url":"https://stock-news.laohu8.com/highlight/detail?id=2474062082","media":"Bloomberg","summary":"Impax is best known as an investor in the green transitionSlump helped Impax buy into Nvidia after missing earlier rallyNvidia Corp. share-price slump earlier this year resulted in a peak-to-trough de","content":"<html><head></head><body><ul style=\"\"><li><p>Impax is best known as an investor in the green transition</p></li><li><p>Slump helped Impax buy into Nvidia after missing earlier rally</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b6d6420f61bafe958cdc355f6c52f1d9\" alt=\"Nvidia Corp. share-price slump earlier this year resulted in a peak-to-trough decline in its market value of close to $1 trillion.\" title=\"Nvidia Corp. share-price slump earlier this year resulted in a peak-to-trough decline in its market value of close to $1 trillion.\" tg-width=\"2000\" tg-height=\"1334\"/><span>Nvidia Corp. share-price slump earlier this year resulted in a peak-to-trough decline in its market value of close to $1 trillion.</span></p><p style=\"text-align: start;\">As Nvidia Corp. found itself the target of a deep selloff earlier this year, Impax Asset Management was quietly seizing the moment to build a stake it had long regretted not owning.</p><p style=\"text-align: start;\">Ian Simm, chief executive officer and founder of the $50 billion London-based asset manager, says he and his team had been looking for an opportunity to correct what they had come to realize was a wrong call a few years ago, which meant missing out on Nvidia’s stunning 800% rally since the beginning of 2023.</p><p style=\"text-align: start;\">“We just underestimated the market potential of their product,” Simm said in an interview. Impax had been looking for a way in, but Nvidia “was expensive.” That is, “until it had a selloff.”</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/97ee59f46aa0ddbad37109df8339cc8d\" alt=\"Ian Simm\" title=\"Ian Simm\" tg-width=\"1997\" tg-height=\"1331\"/><span>Ian Simm</span></p><p>Nvidia’s share-price slump earlier this year resulted in a peak-to-trough decline in its market value of close to $1 trillion. Though much of that has since been recouped, Simm says he thinks the company’s current valuation of more than $3.2 trillion understates what it’s really worth.</p><p>Established in 1998, Impax has made a name for itself as a giant among asset managers focused on the transition to a more sustainable economy. Simm says that goal should be compatible with making money for his clients. But it’s been a tough sell of late.</p><p>Over the past couple of years, a spike in interest rates, an energy crisis and the ascent of the so-called Magnificent Seven of technology behemoths have turned green investing into a losing bet. Impax’s own share price is down almost 30% this year, while the S&amp;P Global Clean Energy Index has lost more than 10%. The S&amp;P 500, meanwhile, is up more than 20% in the same period.</p><p>Earlier this week, Impax reported results that showed gains in listed equities of £5.3 billion ($6.9 billion) for the fiscal year ended Sept. 30. Still, that was less than the £5.8 billion of net outflows that Impax suffered in the period.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/47d9ff61fa44f42ca04aa964a6520ca2\" tg-width=\"1200\" tg-height=\"675\"/></p><p>Simm says Impax is learning from the past few years and focusing more on Big Tech, as it looks for undervalued opportunities to generate bigger returns.</p><p style=\"text-align: start;\">“Frankly, we’ve underperformed for the last couple of years in our main strategies because we’ve been more growth-at-a-reasonable-price, staying away from the momentum and hype around mega-cap tech investing,” he said.</p><p style=\"text-align: start;\">As Nvidia’s share price was falling in June, Impax more than tripled its stake in the company to 4.9 million shares by the end of the month from 1.4 million shares at the end of the first quarter, according to data compiled by Bloomberg and confirmed by Impax.</p><p style=\"text-align: start;\">Simm says Impax still considers Nvidia to be undervalued when taking into account how the boom in artificial intelligence is expected to drive demand for its chips.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e63409af9d4285f9000a4bc407dc8f16\" tg-width=\"1200\" tg-height=\"675\"/></p><p style=\"text-align: start;\">Simm says holding Nvidia, which like other technology giants needs to consume vast stores of energy to power its growth, also makes investing sense from a climate perspective. As demand for energy continues to increase, Nvidia and other companies that develop more efficient models will be better for the environment, he says.</p><p style=\"text-align: start;\">Nvidia’s Blackwell chips, which are beginning to roll out to customers this year, would need 3 gigawatts of power to develop OpenAI’s GPT-4 software, the company said at an event earlier this month. Ten years ago, that process would have required 5,500 gigawatts, the chipmaker said.</p><p style=\"text-align: start;\">“Nvidia’s ability to deliver energy savings makes it even more valuable,” Simm said.</p><p style=\"text-align: start;\">Impax holds Nvidia in five strategies and funds. That includes its Global Opportunities portfolio, which is limited to 40 stocks and consists of companies that have a diversified business model, operate in high-growth markets and are “out of favor for whatever reason,” Simm said. Microsoft Corp. is included because Impax thinks it’s undervalued “in the context of the secular trend toward more AI,” he said.</p><p style=\"text-align: start;\">In fact, “the whole industrial space” now looks undervalued, Simm said. That may change as a “soft landing in the US” looks increasingly likely, which is helping restore confidence, he said. The cost of capital is falling and consumer sentiment is stabilizing, so equity “is looking more attractive.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Is Still Undervalued, Says $50 Billion Manager Impax</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Is Still Undervalued, Says $50 Billion Manager Impax\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-10 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-10-09/nvidia-is-still-undervalued-says-50-billion-manager-impax?srnd=phx-latest><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Impax is best known as an investor in the green transitionSlump helped Impax buy into Nvidia after missing earlier rallyNvidia Corp. share-price slump earlier this year resulted in a peak-to-trough ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-10-09/nvidia-is-still-undervalued-says-50-billion-manager-impax?srnd=phx-latest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4549":"软银资本持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","NVDA":"英伟达","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","3NVD.UK":"LS 3X NVIDIA","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","BK4543":"AI","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","BK4527":"明星科技股","BK4579":"人工智能","BK4588":"碎股","BK4550":"红杉资本持仓","BK4141":"半导体产品","2NVD.UK":"2X NVIDIA ETP","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","BK4503":"景林资产持仓","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4551":"寇图资本持仓","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC"},"source_url":"https://www.bloomberg.com/news/articles/2024-10-09/nvidia-is-still-undervalued-says-50-billion-manager-impax?srnd=phx-latest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2474062082","content_text":"Impax is best known as an investor in the green transitionSlump helped Impax buy into Nvidia after missing earlier rallyNvidia Corp. share-price slump earlier this year resulted in a peak-to-trough decline in its market value of close to $1 trillion.As Nvidia Corp. found itself the target of a deep selloff earlier this year, Impax Asset Management was quietly seizing the moment to build a stake it had long regretted not owning.Ian Simm, chief executive officer and founder of the $50 billion London-based asset manager, says he and his team had been looking for an opportunity to correct what they had come to realize was a wrong call a few years ago, which meant missing out on Nvidia’s stunning 800% rally since the beginning of 2023.“We just underestimated the market potential of their product,” Simm said in an interview. Impax had been looking for a way in, but Nvidia “was expensive.” That is, “until it had a selloff.”Ian SimmNvidia’s share-price slump earlier this year resulted in a peak-to-trough decline in its market value of close to $1 trillion. Though much of that has since been recouped, Simm says he thinks the company’s current valuation of more than $3.2 trillion understates what it’s really worth.Established in 1998, Impax has made a name for itself as a giant among asset managers focused on the transition to a more sustainable economy. Simm says that goal should be compatible with making money for his clients. But it’s been a tough sell of late.Over the past couple of years, a spike in interest rates, an energy crisis and the ascent of the so-called Magnificent Seven of technology behemoths have turned green investing into a losing bet. Impax’s own share price is down almost 30% this year, while the S&P Global Clean Energy Index has lost more than 10%. The S&P 500, meanwhile, is up more than 20% in the same period.Earlier this week, Impax reported results that showed gains in listed equities of £5.3 billion ($6.9 billion) for the fiscal year ended Sept. 30. Still, that was less than the £5.8 billion of net outflows that Impax suffered in the period.Simm says Impax is learning from the past few years and focusing more on Big Tech, as it looks for undervalued opportunities to generate bigger returns.“Frankly, we’ve underperformed for the last couple of years in our main strategies because we’ve been more growth-at-a-reasonable-price, staying away from the momentum and hype around mega-cap tech investing,” he said.As Nvidia’s share price was falling in June, Impax more than tripled its stake in the company to 4.9 million shares by the end of the month from 1.4 million shares at the end of the first quarter, according to data compiled by Bloomberg and confirmed by Impax.Simm says Impax still considers Nvidia to be undervalued when taking into account how the boom in artificial intelligence is expected to drive demand for its chips.Simm says holding Nvidia, which like other technology giants needs to consume vast stores of energy to power its growth, also makes investing sense from a climate perspective. As demand for energy continues to increase, Nvidia and other companies that develop more efficient models will be better for the environment, he says.Nvidia’s Blackwell chips, which are beginning to roll out to customers this year, would need 3 gigawatts of power to develop OpenAI’s GPT-4 software, the company said at an event earlier this month. Ten years ago, that process would have required 5,500 gigawatts, the chipmaker said.“Nvidia’s ability to deliver energy savings makes it even more valuable,” Simm said.Impax holds Nvidia in five strategies and funds. That includes its Global Opportunities portfolio, which is limited to 40 stocks and consists of companies that have a diversified business model, operate in high-growth markets and are “out of favor for whatever reason,” Simm said. Microsoft Corp. is included because Impax thinks it’s undervalued “in the context of the secular trend toward more AI,” he said.In fact, “the whole industrial space” now looks undervalued, Simm said. That may change as a “soft landing in the US” looks increasingly likely, which is helping restore confidence, he said. The cost of capital is falling and consumer sentiment is stabilizing, so equity “is looking more attractive.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":84,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}