Let’s think about what happened with NVDA yesterday. They reported close to $60 billion in profits for one quarter. And for the first time in as long as I’ve followed NVDA, they guided 1 year out, instead of one quarter. With that guide, they expect 70% growth. So NVDA will
This is my opinion and not financial advice. The stock market doesn’t always hand out gifts to you, but when it does, you must take advantage of those gifts. Today was a gift. A gift to anyone that didn’t take advantage of the big pull back in Micron. So, I took advantage of
Micron’s risk has already been removed due to its valuation. I see so many posts about memory prices peaking and people saying memory stocks will crash because of it. What I think so many people are missing is where these memory stocks are trading at. And that matters a lot.
Fate loves irony. The stock market usually likes to give a higher multiple to stocks that have long, durable earnings, with a lot of certainty going out for years. Right now, Ai, has made many older “sure stocks” much more uncertain. Many stocks like Salesforce, Legal Zoom,
