So if you look at the last 10 yrs. Nvda is up an astonishing gigantic 27,000% yes, in 10 years. Fast forward and the past 5 yrs its up a very large and huge 3500% Now wouldn't it have been a bit nicer to see a gradual climb in shares, a nice 27,000% return over 40 yrs instead of 10.. or even a 3500% rise over 17 yrs instead of 5......reason why I'm saying is that even the last 5 years the stock has rallied 3500%, it's extremely rare to see a stock rally 3500% in 5 years.... but nvda did and now anyone expecting that same kind of return is going to be very disappointed. I really hope new investors aren't jumping into nvda expecting the kind of stock return as it has had the last 2yrs 3 yrs 4 ...5... 10... 15 yrs because those days are done and well behind them. You may see a 100% return over the next 2 3 or 4 yrs which is still extremely fascinating but to think nvda is going to return anywhere near what it has returned in prior years is completely done..... Nvda has literally out grown itself in less than 5 yrs....growth is still there and returns are still going to come but at a much slower pace....the days of seeing mouth watering mind numbing Ludacris stock returns have completely diminished!!! And that's what I mean by law of large numbers working against nvda than for it moving forward.
NVDA trend looks still strong to the upside. They did try and take it down lower earlier but, looks like it has gone back up. I would hazard a guess that the bulls are supporting NVDA. Just my 2 cents. I think it could go much higher. I am long NVDA for the record.
Just what this forum needs, yet another nVidia thread. We only have about 30 others. Looks like there is a rule that we have to get at least 1 or 2 new threads about nVidia.
Gotta keep the gravy train going. I'm thinking of starting new ones for msft and apple, these 2 stocks just keep moving 1 way as well.
Worthless NFTs were selling for almost $100 million each a few years ago. Why cant 1 Nividia share sell for 1300 bucks?, sounds cheap to me