![]() ![]() Wish I could’ve noticed NVDA sooner, but man I’m staying here for awhile. I put 1/3 of my life savings into NVDA at 575 average in May. When is a good time to buy you ask? Either long term or swing trade, I’d probably wait until a bounce back AFTER the dip is CLEARLY over. Great revenue growth potential, great new business outlook. I think NVDA will be the biggest part of my position in the near future. ![]() I rarely feel so bullish and positive about a company like this one. Here’s a quick lookNVIDIA revenue for the quarter ending Apwas $5.661B, a 83.8% increase year-over-year.NVIDIA revenue for the twelve months ending Apwas $19.256B, a 63.49% increase year-over-year.NVIDIA annual revenue for 2021 was $16.675B, a 52.73% increase from 2020.NVIDIA annual revenue for 2020 was $10.918B, a 6.81% decline from 2019.There’s not much to say, it’s got a really diversified and great business portfolio. In addition, with NVDA’s newly developed CPU for high-end computing and AI applications, it wouldn’t be a surprise if NVDA became a major competitor of Intel and AMD. They even made a C_p_o-mining-dedicated graphic card (CMP). Recently it’s expanding in AI chips, supercomputers data centers, drug development, driverless car, aaaaaand last but not least: C_p_o Mining. Let’s cut to the chase, after three days drop in a row (from 835 to 726), people are starting to ask: Is it a good time to buy the dip? Short answer is: Not yet, but close.Note: there’s an upcoming 4-for-1 stock split on 7/20. If you use any technology at all, you’ll probably know NVDA. I'm looking into NVDA to see if I should buy now or not.Here's my analysis - please give me any comments whether I'm right or wrong! :D ![]()
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