Some brief thoughts on $NVDA.
I am up nearly 1000% on the stock, which is held in my family trust accounts. I have no intention of selling any time soon. The narrative of AI isn’t mature, more about the 3rd or 4th inning, which gives $NVDA leg room to expand further. But make no mistake, this is $CSCO circa 2000. They are providing chips to a sundry of young companies financed by them. In other words, their customers are paying for their chips with their money.
What.could.go.wrong?
Having said that, I don’t view tomorrow’s earnings report as central to the narrative and they should beat expectations, which very well might lead to a ripper of a rally from now until the elections.
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