Re:How AI Is Catapulting Nvidia Toward the $1T Club
by q1w2 on Friday May 26, 2023 @07:26PM
(#36090611)
Correct. I bought 1000 shares in early Feb, and it's up over 82%.
You cannot look at the prior price to make a purchase decision. You have to look at the future projected revenues per share, and apply an industry standard multiple.
If you hesitate to buy a stock you like because you feel annoyed that you didn't buy it for cheaper the day/week/month before, you will nerf yourself.
Re:How AI Is Catapulting Nvidia Toward the $1T Club
by kgwgk on Friday May 26, 2023 @07:32PM
(#36090653)
Note that this was not a commentary on the convenience -or not- of buying the stock two months ago after it had more than doubled in a few months. It was intended to put the "stock hadn't spiked yet with the rise of ChatGPT and Stable Diffusion" quote into context.
Re:How AI Is Catapulting Nvidia Toward the $1T Club
by q1w2 on Saturday May 27, 2023 @09:23AM
(#36094621)
Even in early Feb, it was up about 50% from 3 months prior.
Re:How AI Is Catapulting Nvidia Toward the $1T Club
by adam_arthur on Friday May 26, 2023 @07:46PM
(#36090748)
So what did your math of:
“You have to look at the future projected revenues per share, and apply an industry standard multiple.”
Work out to?
Two months ago the stock was 60% up since ChatGPT was released and 150% up since October’s low.