Nvda and law of large numbers

Discussion in 'Stocks' started by S2007S, Jan 16, 2024.

  1. S2007S

    S2007S

    At the Rate nvda is moving its adding approximately $150 to $200 billion market capitalization a month. In the last week alone its added $80 billion in market cap. It's becoming a bloated pig. At the end of the year this will be an additional $1.5 to $2 trillion in market capitalization, making it the most valuable company in the world, sorry to say it, but no way no way no way, do earnings justify this kind of market capitalization
     
  2. ZBZB

    ZBZB

    Divide PE by earnings growth. PEG is below 1 which is a buy.
     
    murray t turtle likes this.
  3. S2007S

    S2007S


    Law of large numbers don't factor in PEG


    48 billion in market cap added in 2 hrs. At the rate it's moving this would he an 11 trillion company in 1 single year. Revenue needs to absolutely insanely high to keep up with the value of this company. And 20 billion a quarter is not going to do it.
     
  4. Definitely a "Buy" and "Buy Higher ".
     
    murray t turtle likes this.
  5. SunTrader

    SunTrader

    EOY is a long way away.

    Price is now.
     
    piezoe likes this.
  6. S2007S

    S2007S


    Reminds of tesla....people rushing into Buy it every time they were talking about another split. Stock rallied to 400 and then collapsed to 100 bucks...still hasn't recovered...
     
  7. nitrene

    nitrene

    You believe any rise in price is a bubble. You are just a permabear. If you actually analyzed the history of nVidia the last 2 cycles lasted 3 years each and the price went up about 10X. So this thing could keep rising until Q4 2025 with a price target 10 x $108 or about $1100.
     
    murray t turtle likes this.
  8. SunTrader

    SunTrader

    Short interest was about 13.3m more this time last year, so upside fuel might be diminishing. Might.
     
  9. S2007S

    S2007S

    1 week nvda is up just over 6% or around $35

    That's $85 billion in market capitalization in 1 single week!
    Now if nvda stays on this trajectory which 99.8% of wallstreet believes it will nvda will have a market cap by dec 31 of approximately $5.5 trillion dollars. This would make nvda the most valuable company in the world.
     
  10. S2007S

    S2007S

    Actually just looked at msft and they too have added 100 billion in market cap in only days, so they would be worth 8 trillion by end of 2024 with this same trajectory!!!

    These market caps are insane when gdp of us sits at around 23 trillion.
     
    #10     Jan 19, 2024