Nvidia Just Getting Started: Stock Heading to $150 and Possibly $200 by year’s end

Posted: Jul 01, 2024

- Bullish on $NVDA stock, predicting $150 by end of July/beginning of August and $200 by end of year - Nvidia seen as generational investment opportunity with first mover advantage in AI technology - Potential for Nvidia to expand into various industries like self-driving cars, healthcare, and manufacturing - History of consistently beating earnings expectations and innovation with new chips like Blackwell - Risks include economic downturn, regulations, and climate change - Belief in AI's potential to drive growth and change the world, comparing it to the next Industrial Revolution - Acknowledgment of high valuations across the market, not just specific to Nvidia or AI industry



🚨 Reddit sentiment: mixed - There are both highly optimistic and highly skeptical comments about NVDA, with no clear majority in one direction. Summarized comments: - Some users are highly optimistic, predicting the stock could go anywhere from $200 to 5.3 trillion market cap - There are comparisons to the speculative nature of Bitcoin in the early 2010s - Bill Gates' views on AI suggest Nvidia might still be underhyped - A few users criticize the OP for lack of detailed analysis and realistic valuation - Some users are skeptical and suggest it's a 'fugazi' (fake) or not worth serious consideration - A commenter implies buying NVDA when it's unpopular could be a good strategy Stock tickers discussed: NVDA



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