-->

The Lowdown on NVDA

Post a Comment
Shield

AN OXFORD CLUB PUBLICATION

Wealthy Retirement

View in browser

SPONSORED

Crazy Phenomenon Is CRUSHING Retail Stocks

Looters
 

If you own Target, Walmart, Best Buy, Rite Aid or any other retail stock, you need to watch this right away.

It's killing your stocks, and you need to make some changes.

Nvidia Is Hot... but the Price Is Scalding

Jody Chudley, Contributing Analyst, The Oxford Club

Jody Chudley

Ever since Nvidia (Nasdaq: NVDA) saw a meteoric stock price run, its market valuation has been closing in on a mind-boggling $1 trillion.

Its valuation has tripled in 2023 and is up tenfold from the start of 2019.

Chart: Nvidia's Market Cap
 

Currently, there are only five publicly traded companies with trillion-dollar valuations. Those are Apple (Nasdaq: AAPL), Microsoft (Nasdaq: MSFT), Saudi Aramco (Tadawul: 2222), Alphabet (Nasdaq: GOOGL) and Amazon (Nasdaq: AMZN).

That is quite a group that Nvidia is about to join.

The move that Nvidia's stock made on May 24 alone was staggering. I don't know that I've ever seen a company with a $750 billion market valuation go up 25% in a single trading session.

What drove that big jump in the stock price was Nvidia forecasting quarterly revenue at a level that was 50% higher than analyst estimates.

It seems that demand for Nvidia's artificial intelligence (AI) chips is currently nearly unlimited.

And that's certainly buoying the stock price...

But there's a little too much air in this balloon.

GET NVIDIA'S RATING NOW
The Oxford Club's 2023 Private Wealth Seminar at the Edgewood Tahoe Resort in South Lake Tahoe, September 6-7, 2023. Click here to register.

SPONSORED

Biden's Plan to Confiscate Your Cash?

Burning Money

On March 9, 2022, President Biden quietly signed Executive Order 14067.

This Order could pave the way for Democrats holding onto power in 2024.

In fact, they could control America indefinitely.

A former advisor to the CIA and Pentagon believes this order could allow for legal government surveillance of all US citizens; total control over your bank accounts and purchases; and the ability to silence all dissenting voices for good.

To protect your freedom and your wealth, see his dark warning now.

Alex Green Says a $5 Stock Could Be One of His Biggest Winners of 2023...

The 9 Perfect Stocks?! Find Out Bryan's "Magic" Ticker Symbols That He Traded Perfectly for What Would Have Been a 233% Total Return in One Year

SPONSORED

It's a Bird, It's a Plane, NO WAIT - It's "The Last Great Value Stock"

Superhero Businessman

"The Last Great Value Stock" was discovered by our Head Fundamental Tactician.

At under $2 per share, this could be the last bargain in the markets today!

It wasn't until his debut that Superman became one of the most iconic superheroes in history.

An announcement in May could be this stock's debut.

Get Details Here.

Related Posts

There is no other posts in this category.

Post a Comment

Subscribe Our Newsletter