Some companies deserve to be valued higher than others in the same industry. Reportedly NVDA is "years ahead" of most competitors in the AI field. As such, I believe that NVDA certainly deserves to be valued higher.
It's hard to say where all this will lead to. AI is expanding at such a rapid rate; we don't really know what is going to happen.
NVDA has already been near $750/share, right? I'm certainly no expert but I do think a fair valuation for NVDA is easily probably anywhere from $750 to $850 a share. Could it go higher than that if AI really explodes? Sure.
There are always exceptions to the rule, and I think that NVDA deserves to be one of those exceptions.
I made a post a little while back saying that I thought the share price would droop after the ER (I guessed at around 20%). I only say that because that is the way it acted after the last two financials were published. But others here have made good and valid points about why they thought it would be different this time.
I am hopeful they are correct and that I will turn out to be wrong. However? If I AM correct, I plan on adding to my position.
At any rate, good luck.
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