Nvda

[LivingAlmostLarge]

NVDA has a market cap of $2.2 trillion. It's not doubling again. Easy money was made.

I think this you have to find the next run up. Unless of course you just want boring then s and p

[FrostedMoose]

I think this you have to find the next run up. Unless of course you just want boring then s and p

The next run up based on what fundamentals? It's currently trading at 67X earnings. NVDA is already a $2 trillion market cap. Why would there be any further meaningful upside, other than uneducated speculation by retail investors afraid of missing out?

[QuarterMillionMan]

NVDA is set to open at $772 today. I may get more.

[QuarterMillionMan]

NVDA over $1000 today. They are planning on a 10 for 1 split.

[disneysteve]

NVDA over $1000 today. They are planning on a 10 for 1 split.

Are you selling your shares? How many shares did you end up getting? I recall you were buying one or two at a time. Probably a good time to take your profits.

[QuarterMillionMan]

Only have 3 shares, I missed last week when it dropped to $750 a share. Currently at $513 in unrealized gains with half of that just today. Maybe Friday I will take the profits.

[QuarterMillionMan]

Strong buy so I won't be taking profits today just yet.

[james.hendrickson]

QMM - NVIDIA is going to split - any thoughts on the implications of the split for the stock?

[QuarterMillionMan]

Not sure James except it'll be easier to buy 1 share. Today 1 share is $1120.

[srblanco7]

Article in the WSJ today. Nvidia, Apple, Microsoft, and Alphabet between them have added over $1.4T this month. More than the 296 other stocks in the S&P 500 that rose during the month put together. Half of the $1.4T gain was from just Nvidia.

The article does note that Nvidia's gains are paralleling its rise in profits. So if there's a bubble, "it's a bubble in demand for chips not a pure stock bubble".