Raise your hand if you own NVida (NVDA) stock

[Rockport]

..of course, if you have the cash invest in Nvda. They are firing on all cylinders. Its a good time for them. But times follow change, and change is the upswing for anything in mix of things.

As far chips go, Nvda does well XgfX sector. I use to buy their cards back in the day. AMD has done really well in CPU processing chip sector. Taken the throne from Intel, which was leader since mid 90's.

RIght now, my money would be on Nvida and AMD. But since, Ive been loyal to AMD since early 2K. Thats my preference.

I’m not educated enough to do my own investing so leave it up to investment advisors to buy and sell. They’ve been bullish on Nvidia for awhile now. All the big chip makers should do well as AI computing is still in its infancy. It’s changing paradigms.

 

[Praxit]

I’m not educated enough to do my own investing so leave it up to investment advisors to buy and sell. They’ve been bullish on Nvidia for awhile now. All the big chip makers should do well as AI computing is still in its infancy. It’s changing paradigms.

..glad, you got people you can trust with your investments. I manage my own portfolios. But if I was moving millions around, I would definitely be getting help...lol..

As for AI, yes its thing right now. Everyone will want piece of the pie. Even Dak. ....

 

[Rockport]

..glad, you got people you can trust with your investments. I manage my own portfolios. But if I was moving millions around, I would definitely be getting help...lol..

As for AI, yes its thing right now. Everyone will want piece of the pie. Even Dak. ....

Dak probably uses it to weed out his news feeds

 

[Praxit]

Dak probably uses it to weed out his news feeds

...lol..

 

[rags747]

Ok, what else is everyone buying? I’m getting ready to unload about $100k in health stocks soon, financial guy advises that many will be losing major patents in the near 1-2 year term. MRK I have huge gains, PFE smaller gains and it has come down a lot. Another call with my guy this week. What’s everyone buying and why?

 

[thunderpimp91]

Ok, what else is everyone buying? I’m getting ready to unload about $100k in health stocks soon, financial guy advises that many will be losing major patents in the near 1-2 year term. MRK I have huge gains, PFE smaller gains and it has come down a lot. Another call with my guy this week. What’s everyone buying and why?

Their history suggests it's far from a sure thing, and it's not the bulk of my portfolio, however I have been slowing adding more and more GEVO since the first of the year. They own the patents to be serious players in sustainable aviation fuel and renewable natural gas. The elephant in the room for this company is the path to actually manufacturing....which is a pretty major issue. They filed for nearly a $1B DOE loan in Q3 last year. Typically a decision on those come in roughly a years time so the next couple months should be interesting. If approved this could shoot up 5-10x overnight. Of course if it doesn't they are looking at compliance issues after the first of the year and probably forced into a R/S.

If you have $100k to reinvest it's an interesting penny stock to throw 2-5% at.

 

[Rockport]

Their history suggests it's far from a sure thing, and it's not the bulk of my portfolio, however I have been slowing adding more and more GEVO since the first of the year. They own the patents to be serious players in sustainable aviation fuel and renewable natural gas. The elephant in the room for this company is the path to actually manufacturing....which is a pretty major issue. They filed for nearly a $1B DOE loan in Q3 last year. Typically a decision on those come in roughly a years time so the next couple months should be interesting. If approved this could shoot up 5-10x overnight. Of course if it doesn't they are looking at compliance issues after the first of the year and probably forced into a R/S.

If you have $100k to reinvest it's an interesting penny stock to throw 2-5% at.

Penny stocks are super risky and easily manipulated. I would never recommend them to anyone.

 

[darthseinfeld]

Ok, what else is everyone buying? I’m getting ready to unload about $100k in health stocks soon, financial guy advises that many will be losing major patents in the near 1-2 year term. MRK I have huge gains, PFE smaller gains and it has come down a lot. Another call with my guy this week. What’s everyone buying and why?

Best thing is to just give to me so I can get a Hellcat.

Thats what most advisors would tell you

 

[rags747]

Best thing is to just give to me so I can get a Hellcat.

Thats what most advisors would tell you

Ahhhh, the old Hellcat Redeye Jailbreak argument, Love it! Thx…

 

[thunderpimp91]

Penny stocks are super risky and easily manipulated. I would never recommend them to anyone.

Agree for the most part, and that's why it should really be a smaller part of ones portfolio, however some of these do have legitimate long term upside. I'd be more aggressive with these for investors in their 20s/30s who have plenty of time to wait. That said though you can find some reasonable gambles on penny stocks with upcoming catalysts. Seemed appropriate for a NVDA thread.

I think one of the big things with the penny stocks is to make sure you're following the right industries, and following patents.

 

[Rockport]

Agree for the most part, and that's why it should really be a smaller part of ones portfolio, however some of these do have legitimate long term upside. I'd be more aggressive with these for investors in their 20s/30s who have plenty of time to wait. That said though you can find some reasonable gambles on penny stocks with upcoming catalysts. Seemed appropriate for a NVDA thread.

I think one of the big things with the penny stocks is to make sure you're following the right industries, and following patents.

You better really do your research extensively before buying a penny stock which are worth pennies for a reason.

 

[Creeper]

I am holding AMD despite the major correction over the last week - after analysts boosted its price target to $200. It looks to me like people are dumping AMD and buying NVDA, which is up more than 10% over the same period.

This might be a good time to buy NVDA too. It looks like it is not ready to cool over yet even after a 10-1 split.

 

[Creeper]

Who was a buyer today? This morning there were some great bargains, and still are. NVDA under $100. AMD tanked to around $122 and is already back up to $132.

 

[John813]

They got some bad news over the weekend about the delay.

I've been on the sidelines with them for a bit.
Couldn't log into CS for a bit, which sort of kept me out of the market in general.

Just can't tell if this is a dip or a correction.

 

[Creeper]

They got some bad news over the weekend about the delay.

I've been on the sidelines with them for a bit.
Couldn't log into CS for a bit, which sort of kept me out of the market in general.

Just can't tell if this is a dip or a correction.

It looks like it is already coming back today. Japanese markets were up over 10% this morning after dropping 12% yesterday. However, this does not mean the worst is over. We will know in a few days. Either way, for long term investors, this is a good time to keep on eye out for bargains.

 

[Sarek]

If anything goes wrong in Taiwan like a quarantine or a blockade by China or even if there is some natural disaster that knocks out TSMC's production, Nvidia and others will tank hard.

Meanwhile the American Gov is allowing Intel to fail after giving out 8.5 billion in tax payer dollars.

Intel needs a new CEO/Board to figure out how to start making the best chips in the world here in America and fast.

I think Mitt Romney should take the job as CEO, he would be able to do more for America at Intel then at the Senate.

 

[nightrain]

There has been a cyclical rotation out of tech going on for a month that could get sticky if the sector's earnings continue to be uneven and economic data/news fails to support the growth stock model. I still like NVDA though I have not been much of a trader since the dot com boom of the 90s. I'm a holder at this point.

August 28th is a long way off for NVDA to let the Jeannie out of the bottle with its earnings call. Things could get dicey, but people a lot smarter than me are still really bullish on this company.

 

[Creeper]

There has been a cyclical rotation out of tech going on for a month that could get sticky if the sector's earnings continue to be uneven and economic data/news fails to support the growth stock model. I still like NVDA though I have not been much of a trader since the dot com boom of the 90s. I'm a holder at this point.

August 28th is a long way off for NVDA to let the Jeannie out of the bottle with its earnings call. Things could get dicey, but people a lot smarter than me are still really bullish on this company.

I am confident some of these tech stocks are at or near their bottoms now and in a year investors will be happy they pulled the trigger. I don't invest money I need so I can wait.

 

[J12B]

I am heavily invested in the S&P 500 (FXAIX), so technically yes.