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Sunday, 09/29/2024 1:07:35 AM

Sunday, September 29, 2024 1:07:35 AM

Post# of 19792
Nvidia is such an impressive stock. While there will certainly be some down periods, those that purchase and hold this stock will (In my opinion) be handsomely rewarded. In my many decades of investing/trading I have never owned a stock that (A) has developed a revolutionary group of products that have created a “must have” desire for so many tech titans and sovereign nations to start their path forward for the attainment and mastering of Artificial Intelligence . (B). NVDA currently captures 80%+ of the available market; and the market isn’t close to reaching its apex. (C). While inventing the products and creating the path to AI, NVDA is realizing over 75% G.P., all the while seeing surging demand. (D). While NVDA is currently the best available current technology, they do not rest on their laurels as they are continually improving their offerings to stay “the best in breed” and protect their domination of this exponentially growing market. These are just a few points as to why I believe NVDA is a buy and hold stock.
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