Anybody want to take guesses how high NVDA will go? It’s basically the doge of this current bull market in stocks. When it goes everything goes with it
Discussion
They're not DOGE - they basically a monopoly on chips for AI data centers. They're far enough ahead of their competition, that they can call any price for those.
It's a gem of a company - not a stupid meme.
They are clearly dominating in the space, but that P/E ratio is still priced for a lot more growth. Eventually it won’t hit the numbers investors want. When I compare it to DOGE what I mean is that when it finally runs out of steam it could be a good signal that we have reached the top of this bull run in stocks
Valid point, now I get what you're pointing at.