$NVDA is down 6% sitting at $205
Meanwhile Wall Street analysts just polled, strong buy consensus, $298 average target, $500 high target.
That’s +45% to the average, +143% to the high. The crowd sees a dip, the empire sees a discount.
Be the 1% and stay bullish here 📈
JUST IN:
The S&P 500 just announced 2 new names that will be added to the index
Marvell $MRVL
Flex $FLEX
The 2 names will be added to the index before the markets open on June 22nd
Pool Corp $POOL and Campbell's Company $CPB are both being removed from the index
$NVDA CEO Jensen Huang says $MU, Samsung and SK Hynix are all “in production” on HBM4 for Vera Rubin
Nvidia now has all three major memory suppliers lined up for its next-generation AI platform.
@RyanDetrick Sure ! supply and demand always meet.The matter, in my opinion, is not how they chose but how they can chose to spend and how much they can spend . In my opinion if Taylor Swift tickets go sold out in ten minutes at thousand dollars this is inflation. More than other parameters
@charliebilello The cheapest ticket at MSG for game 3 of the NBA Finals is going for $7,500 in section 420. This is the view from that seat.
This and Taylor Swift concerts are real indicators of an inflationary matter in the US .
Everything is actually pumped
$NVDA closed red today, but the broader cycle is still bullish.
Monthly BX continues to show strength.
Base case for me: bounce somewhere between here and 210.
Stocks need to breathe. They almost never go straight up.
This looks like a small pullback inside a larger leg higher, not a trend change.
$NVDA Jensen at Financial Analyst session in Taipei:
"At earnings we announced an $80B share repurchase and a 25x increase in dividend and also said we would review our dividend on a regular basis.
Today we plan to return of 50% or more of FCF to our shareholders this year and next year. And beyond... to infinity and beyond"
$NVDA - GOLDMAN SACHS BULLISH ON NVIDIA AFTER GTC TAIPEI
Goldman Sachs reiterated its Buy rating and $285 price target on NVIDIA, citing stronger AI PC ambitions, continued datacenter leadership, and growing adoption of agentic AI. The firm said NVIDIA's Vera Rubin rollout remains on track and sees further upside for the stock.
$NVDA down 10%.
Final call for all future millionaires!
$NVDA at $211, it's now or never.
I'll see you at $300 by EOY. ;)
This is not investment advice.
$NVDA is now the cheapest of the major chip designers.
Yet, it has the second-highest expected cumulative growth for the next 3 years:
- $AVGO: 223.5%
- $NVDA: 205.5%
- $AMD: 196.7%
- $MRVL: 170.9%
- $ARM: 108.7%
- $INTC: 35.3%
- $QCOM: 5.2%
Why wouldn't $NVDA work from here?