$NVIDIA (NVDA.US)$ is a great company and has been a great s...
$NVIDIA(NVDA.US$ is a great company and has been a great stock, up over 1,200% in 5 years.
But make no mistake…with a 100 PE, this stock is grossly overvalued along with the rest of the Technology sector.
If and when we have a correction, If the bubble finally pops, if the 10 year bond goes over 4%, NVDA will crash, and crash hard.
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Ford U : Thanks for your astute analysis.
Been hearing this exact line since 2015 or something. So yeah, thanks. wow, so insightful.
Twinkle_Boo Ford U: Laugh now, but you will be well served to sell some stock now to reserve an appropriate cash position when the next correction comes…and it will come.
RinneTensei Ford U: Make no mistake about it: NVDA will come down hard if interest rates shoot up dramatically, as will all the other high P/E tech stocks.
lunaplaza RinneTensei: So profound and good to know what you did as if we should all do the same. lol
Ya2NVEmD79 Ford U: NVDA did crash pretty hard circa 2018 with the bitcoin market collapsed and NVDA had a backlog of graphics cards to sell. I had a small position at the time and had a loss, but saw this as my one opportunity to get NVDA on the cheap so I loaded up (did the same with AMD to hedge my bets). Both have been a huge money makers ever since. Will hold till retirement now. :-)
Doreeney : I've been hearing a lot of crap about NVDA's "sky-high" PE of ~ 100. Anyone look at TESLA's recently? Its trailing twelve-months PE is 225.
J9Lu2iSPWf Doreeney: Tslas... TSLA's Thrives Is Absurd... Just Ask Elon Musk.