Replies to post #126812 on Savvy Trades and Investments

[berniel]

In Years past when Barrons posted a DJI target price. in the future, the Dow ended up correcting. Being a contrarian, i got spooked yesterday . When Charles Payne wore a Dow 100k cap. So time will tell if this week was the top.

[researcher59]

NVDA +5 to 194, a new all time high after Cantor Fitzgerald writes that the AI build-out is still in early stages -

briefing -

Cantor Fitzgerald raises their NVDA tgt to $300 from $240. Analyst C.J. Muse highlighted, "We hosted NVDA mgmt for investor meetings in NYC this past week, including Jensen Huang (CEO), Colette Kress (CFO), Toshiya Hari (IR), as well as other Senior Executives. At a high level, a lot has changed from a year ago, with things moving at exponential speed. As one would expect, Jensen was quite bullish and with great reason, in our view. We are still in the early innings of a multi-trillion AI Infrastructure build-out with just the Hyperscalers providing significant line-of-sight into hundreds of billions of demand for the next handful of years, never mind other drivers such as Neo-Clouds, Enterprise, and Physical AI. Thus, this is not a bubble, and we are still in the early innings of this investment cycle (for more details, see our in-depth note published last week)."