NVDA - my best pick - maybe ever....

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I bought a bunch in early 2021 around $170/share

Today it's at $740

I bought it because it was in high demand for crypto mining machines, now AI needs are pushing it.

Going to keep riding it.
 
Joined
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up 100 points today, from great earnings report last night.

It's now 6 times what I bought it at. Rock on!
 
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There was a bunch of profit taking Wed before earnings came out, and the stock had gone down like 30+ points, I thought
about selling 1/3 of my holdings, but I held on. Up 124 points for the day today! Nice!
 
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Nvidia reports a 262% jump in sales, signals continuing AI boom​

Nvidia reported first fiscal-quarter earnings on Wednesday that beat expectations for sales and earnings, and the stock rose slightly in extended trading.

Nvidia said it was splitting its stock 10 to 1.

  • Earnings Per Share: $6.12 adjusted vs. $5.59 adjusted, per LSEG consensus estimates.
  • Revenue: $26.04 billion vs. $24.65 billion expected by LSEG



Nvidia said it expected sales of $28 billion in the current quarter. Wall Street was expecting earnings per share of $5.95 on sales of $26.61 billion, according to LSEG.

Nvidia reported net income for the quarter of $14.81 billion, or $5.98 per share, compared with $2.04 billion, or 82 cents, in the year-ago period.
 

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