Didn't i tell ya... btfd.
Nvda and law of large numbers
- Thread starter S2007S
- Start date
I don't know when the stock split is but NVDA will easily be at $1500 in no time, probably before the next earnings report.
Also my prediction is that the company that has the best application for AI will not be one of the big tech companies everybody thinks. It likely will be some VC backed company.
Also my prediction is that the company that has the best application for AI will not be one of the big tech companies everybody thinks. It likely will be some VC backed company.
Split is june 7th
So that means nvda to 150 by mid August....
Which means an additional 1 trillion in market capitalization in 3 months...
Breathtaking...
Where are they today?
Check this out lol... its a collectors item :
[CMGI stock certificate]
"But this time is different."
The Wikipedia article on CMGI makes for interesting reading (assuming it is accurate).
https://en.wikipedia.org/wiki/Cmgi
https://en.wikipedia.org/wiki/Steel_Connect
CMGI is now Steel Connect and trades under the symbol STCN
https://finance.yahoo.com/quote/STCN
With today's gains alone... they can buy all of Boeing, Ford, and General Motors combined.
$185B!!!
With today's gains alone... they can buy all of Boeing, Ford, and General Motors combined.
$185B!!!
Adding another 20 billion after-hours
Let's be real here...earnings were good but no way did that little bump up of revenue of 7% for next quarter warrant so many hundreds of billions in market cap.
I will say it again. Nvidias law of large numbers will eventually hinder them. The amount of daily market capitalization being added in due time will work against them as earnings will have to keep up with the highest market cap of any company in world....
If this stock moves up just 3 bucks a week (post split) it will gain on average nearly 4 trillion in market cap a year.
With today's gains alone... they can buy all of Boeing, Ford, and General Motors combined.
$185B!!!
You know this is getting a bit questionable. ...
When is a stock full valued?
Every analyst is scared to place a hold on it....what price is nvda fully valued?
1200? 1400? 1500? 1589? 1645?
1773? 2059?