Cramer dubs the CEO of NVDA ‘the Einstein of our era’. That’s some disingenuous bullshit right there. Nevertheless, the stock has been on an unbelievable tear the past 3 years, up more than 1,100% off the backs of an explosion in AI, cryptos, and gaming.
Even still, the fucking stock is trading 15x sales, a number that is absurd as much as it is moronic. The irony here is the very company that fueled the crypto mining craze is in fact in a bubble of its own right, and no one else is seeing it that way. We’re in a new paradigm. Nvidia is the future. Its CEO is Einstein. They cannot lose.
Fuck you. I’ve heard that before.
Here’s Cramer nearly ejaculating over NVDA this morning, wrangled by those damned ‘chowder head’ analysts who don’t get NVDA, then later admitting the stock had run up too much and needed a break.
Here's Cramer mad at 'chowder head' analysts for publishing negative things about $NVDA pic.twitter.com/Hp8w1X6ZdV
— The_Real_Fly (@The_Real_Fly) May 11, 2018
And now here's Cramer again saying the stock had run up a little too fast and needed a pullback. $NVDA pic.twitter.com/uoB9FqWJK4
— The_Real_Fly (@The_Real_Fly) May 11, 2018
The stock is off by 2% early going. In order to get my underwater SOXS trade back in the green, I really would appreciate a staggering drop here in NVDA. Thanks.
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Stop with the 15x sales nonsense, that’s irrelevant.
Why is valuation irrelevant? What sort of world do you live in? I want in.
$NVDA LTM EBITDA the last 4 qtrs and sequential grwth
$5.7 billion 14%
$5.0 billion 19%
$4.2 billion 28%
$3.3 billion 21%
$2.7 billion the prior yr qtr so 111% y/y
Co did $1.08/share in YE Jan ’16. On pace for > $8/share in YE Jan ’19
Stock is pricey, but w/ good reason.
The world of Amazon. Valuations do not matter there.
Wubba Wubba Woo Woo
Ppl started shorting AMZN when it traded over $100.
Most wised up but some have kept at it.
All based on “valuation”.
Who was that old guy that used to post here and was based in Hawaii? I remember he said short AMZN.
Someone tell me why this SHOULDNT be worth more? Apple is a trillion dollar company, and they make phones and laptops… NVIDIA is a leader in a new category of AI which hasn’t been fully realized nor has even fully matured yet. And if everyone is so confident it is going down, put your money where your mouth is and short it.
Bezos of chips:
Revenue up 66%. Every BU up- DC up 71%, Gaming up 68%, Pro viz up 22%, auto up 4%, OEM/IP/Crypto up 148%.
NFLX has a market cap only 10% lower than NVDA..
However, NVDA is growing revenue at about the same rate, NFLX continues to lose money and covers it up with accounting tricks (over estimating the value of it’s content) while it’s actual cashflow loses increase due to the out-of-control spending on content and marketing it needs to continnue growing. NVDA cash flow was +$1.3B last quarter while NFLX was -$238M.
I’d buy NVDA all day over NFLX. On the other hand, I don’t have to buy either because MU has double the cashflow of NVDA and less than half the cost.