TTWO TTWO
Board Highlights
Topic List Post New Topic

MSG # GO



Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

07/22/20 at 2:42 PM CDT

 

 

READ: 4

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

OT - NVDA

OT - NVDA - While NVDA has an astronomical PE, I've been holding them for a couple of years, as they just seem to execute near-flawlessly, and keep expanding their products (and leads, in things like AI chips) into new markets, such as self-driving vehicles. They recently acquired Mellanox, which analysts uniformly said was a perfect, brilliant match. Read today that they may be interested in buying ARM holdings from Softbank, which I find astounding, given that ARM was the brash new kid on the block when smartphones took off. (Not sure what happened to them since then.) I think the import is that NVDA may be striving to be the new Intel - or at least what Intel was when they dominated most of the markets they were in. I'm not sure I'd buy in at this price - NVDA seems to be a beneficiary of big tech companies just kiting higher and higher, as they seem relatively protected from consumer pandemic problems. (Although, NDVA will have their next graphics cards, the 3000 series, out before year's, end, and maybe as soon as September.)  But if there were to be a pullback in the market - I think it's an interesting long-term hold play.

Copyright 2014 All Rights Reserved; Patent Pending