Nvidia (NVDA) Would you look at that?! It's no leg […]
Are we betting against the GOAT in AI Tech?
August 28, 2024
NVDA shares are "priced for perfection" according to many analysts.
But then again, naysayers have doubted the company's valuation for quarters now, and NVDA has managed to push higher, currently the top performer in the S&P this year...and it's not even close (+150% vs. next best at +115%).
At LikeFolio, we see signs of continued market expansion, explosive capex spend from big tech, and strong digital demand. Nvidia's next-gen Blackwell chip should begin to generate revenue by the end of year and we expect this to be a significant catalyst.
We're taking a bold bet to the upside on the GOAT in AI tech.
Here's the Bullish case for Nvidia (NVDA)...
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