NVDA will blow away earnings !

Anglo_pride

Anglo_pride

Its a forgone conclusion that NVDA will blow away earmings estimated today and raise guidance. That said, you just never know how the street will react.
This past week there must of been 10 different analysts raising price targets in the $600’s. At least a few have done some in depth channel checks. This will be interesting.
I never buy into earnings, thats just me.
 
engineering said:
At at P/E ratio of 237 I should certainly hope so.

Just how many percent would they have to beat earnings to match those of a one month Treasury note?
More...
%%
Best tech stocks have high + higher PE+ have done that since 1999-2002..............
For some traders better to buy about 3% Us T bills + 3%=? NVDA in QLD.............................
NOT in that one now but good trade earlier in week.
 
As these things go, and knowing that tons of retail traders are trying to average down right now in their tech plays, catching the proverbial sword... while more astute traders are buying value... and also knowing that the markets love to take money from everyone, even the value players... I can see only one sector right now to rotate into for the next month or so, perhaps longer:

--->ENERGY
 
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