Nvidia investors have no reasons to sell stock in long-term, says Virtus' Joe Terranova
ฝัง
- เผยแพร่เมื่อ 24 พ.ค. 2023
- Alger’s Ankur Crawford, Hightower’s Stephanie Link and Virtus’ Joe Terranova, join 'Closing Bell' to discuss Nvidia's rally post earnings and what to do with the surging stock.
It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
I am definitely doubling down on good quality, long-term value assets at this time as a value investor. We only occasionally come across a bargain when these big name brands are offered at such substantial discounts.
Identifying market trends is really difficult for anyone. It is advisable to just choose high-quality companies or ETFs and make long-term purchases. Post a sign that reads, "Market declines are good as I can buy deals," on your wall.
It's always inspiring to hear from a veteran investor who has weathered the storm and come out on top. It's unsettling to watch your portfolio turn from green to red, but as was stated, if you invested in excellent names, you should just keep adding to them and stick with it.
@@albertholloway Instead of investing everything all at once, I'd recommend investing in worthwhile initiatives and using the dollar cost average method if you don't understand anything. This will assist you in making the most of your money. Furthermore, while you're just getting started, I'd recommend seeking for a credible fiduciary financial advisor who can mentor you and show you the ropes. I'm referring to artists who share my tastes, such as Grace Lynette Johnson.
@@esnolgalves3344 Kindly let me know how I may contact her.
@@xalanuss7945 She is controlled by the SEC, so you may check her up online.
Federal Reserve may soon lose control of interest rates, claims Heresy Financial. This comes as a result of the United States government's intention to embark on a $1 trillion borrowing spree. This might cause the banking sector to lose so much liquidity that rates spiral out of control and are no longer in the control by the federal reserve. I'm sorry to say that despite investing, I lack the mental capacity to evaluate each company's performance and decide whether or not now is a good moment to acquire stocks. My reserve of $650K is being wiped out by inflation and the recession. Sincerely, I have no idea what to do.
Bad year for me, META is down 40k, ALLP is down 35k, Draft Kings is down 6k, NIO is down 15K, ABML is down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
the market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward
@@graceocean8323 You will need a strong FA to help you through the current market turmoil. I've been talking to an advisor for a while now, mostly because I lack the knowledge and energy to deal with these ongoing market conditions. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.
@@tampabayrodeo2474 Driven, may you let me know who is your coach? I've listened of coaching, an elective to sending cash out indiscriminately, where ventures are made in a individual exchanging account with the help of a proficient advisor. Is this exact?
My Financial Advisor is JEANNE LYNN WOLF. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.
My portfoliio of $750k is down to $492k, How can I profit from the present market" , I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how.
sure there are loads of ways to make a killing right now, but such high-volume near impeccable tradess can only be carried out by real-time experts.
@@jonathanburtnick When it comes to investing in st0cks, one of the biggest mistakes investors can make is throw in the towel right when we hit a bear market bottom and the indexes find support and start to surge. I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K during this diip, that made it clear there's more to the market that we avg joes don't know.
@Claudia Soto I'm in touch with "Elisa Angele Esparza", she has a web presence, so you can simply just search her.
@@dianarabbanii2 I looked up Elisa Angele Esparza online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-markt
Nonsense!!!!!! Nvda was pounding the table on AI last August when the stock was 170. This is just another super bubble
A juicy bubble.
CNBC are just pumpers and dumpers
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
@@viviangall1786 Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
@@bobbygunz9254 My consultant is MARIA ELIZABETH FILINDRAS, She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
@@viviangall1786 Impressive, i’ll most definitely check her out. I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.
Pumping a stock with a P/E of over 200. Disgraceful
Give it time to settle in
AI the new 2000s internet stock
PE of 218 , careful people , trim your positions before big money does and leaves you holding the bag .
with the new guided numbers pe and especially forward pe for 2024 doesnt look as bad as it does now
No thanks. I'm holding for 10 years from now...... If it sells down 20%, 10% I buy more ..... SIMPLE
@@keto6789 everyone says that during a period of mania. Easier said than done.
@@Tendomcgoobin I buy more when we fall and always have. That's why my portfolio is up over the last 8 years.
@@keto6789 If you are interested in 10-20% less than the price today, you should have bought yesterday. Or the day before. Or the day before that..... or....
Don't listen to people telling you to sell. Those are people that are short NVDA. My horizon is 20 years from now when NVDA will be $4000 a share.
My horizon for you and those like you is that you will be a Major Bag Holder very soon unless you sell in losses after you realized your big big mistake..Reallity isnt always present in the market, but it always makes an appearance..and when it does..it will see NVDA lose 40% faster than Enron
Ahahahaha… 🤣🤣 it’s wayy overvalued right now buddy..
@@constantine108563 So? .... It was overvalued at $125 and look at it now
Hype cycle is usually around 8 to 9 Months. This Ai hype is around 5 months. We have another 4 to go. By the end of this year, you will realize how much nvdia is overvalued.
Agreed
@Go Davis I believed Lisa su when she said semi supercycle in June 2022... held amd from 160 to 50 and lost my shirt... to investors never wrong to take profits... this ai cycle is cyclical... get out early before it deflates or at least take some profits and let the rest run
Debt ceiling and US debt downgrade can make that happen even faster. Then you have fed whos now looking at data and thinking no way in hell are we doing any cuts market has priced in. When market is forced to believe that for first time this year...these 5 mega cap safe havens will burn like an overcrowded barn.
yep, when everyone is on side of the boat, well, we know that never ends good.
People like you miss every opportunity and then sit in a corner praying that X should go down. 🤣
Love the way Joe covers his tracks
amazing....... great report
Record this.. and come back in a year and you will find this was another hype cycle
Exactly
it is highly overvalued, with PE of 243; good enough reason to sell ? I like Josh, he is a smart guy. He sold this time-bomb😜
i like nvda, adobe, amd
NVIDIA stock is getting way ahead of itself. NVIDIA GPUs are really useful for training large Neural Networks. You don't need an NVIDIA GPU to run an already-trained NN. The vast majority of computer users have no reason to buy an Nvidia GPU. The vast majority of people don't understand Deep Neural Networks and will never train one. NNs will be embedded in everyday software like Photoshop and Excel and will run just fine without Nvidia. Most people are unknowing using already trained NNs and don't need a CUDA-enabled GPU to do so. Nvidia is priced as if every NN user must have an Nvidia CUDA enabled GPU which is simply not true. (Cuda enabled Nvidia GPUs allow faster Neural Network training by sending certain math processes to the GPU to be run in parallel saving time when TRAINING a neural network.)
Shhhhh. Stock puffers don't like truths.
These talking heads in the news don’t understand anything about the companies they buy. Stock go up, target go up, pump up the retail investor, then watch prediction not play out, then sell out.
New AI chips unveiled yesterday
It's a long term investment for me and not like everyone else is doing trying to earn a lot of money fast. I'll wait until the bubble pops then invest in Nvidia. Also if China invades Taiwan you can say byebye to your money.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
yes, transportation, e-commerce among other sectors are expected to experience growth, but who knows, the market has been a basket of surprises.
@@DailamiPuang Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years,
@@PeterWhite7 True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?
@@DailamiPuang Having a counselor is essential for portfolio diversification. My advisor ASHLEY AIRAGAHI who is easily searchable and has extensive knowledge of the financial markets.
@@PeterWhite7 Thank you for this amazing tip. I verified her and booked a session with her. She seems Proficient.
Build those bags. Got puts far out 😁
nvidia is probably at 200 next year
Worst person on CNBC seriously. No reason to sell? What about 35x price to sales and not that long ago -65% drop in nVidia shares when last Metaverse bubble popped.
Buy and hold
Suggestions:
Insurans formula(one time pay for premium):
Tenure loans=300%
{(1)
loans=100%=5B
If premium=5%=5B
Tenure loans=300%=15B
Payout=100%=100B
Payout Balance=100B-15B=85B(Future Income)
Current payout(cash now)=85B/300%
=28.33B++(can loans if Tenure loans=300%)
Total loans should apply:
Total loans=loans+Current payout=(5B+28.33B)=33.33B
Extra=33.33B-5B=28.33B(cash)
loans=100%=10B
If premium=10%=10B
Tenure loans=300%=30B
Payout=100%=100B
Payout Balance=100B-30B=70B(Future Income)
Current payout(cash now)=70B/300%
=23.33B++(can loans if Tenure loans=300%)
Total loans should apply:
Total loans=loans+Current payout=(10B+23.33B)=33.33B
Extra=33.33B-10B=23.33B(cash)
loans=100%=15B
If premium=15%=15B
Tenure loans=300%=45B
Payout=100%=100B
Payout Balance=100B-45B=55B(Future Income)
Current payout(cash now)=55B/300%
=18.33B++(can loans if Tenure loans=300%)
Total loans should apply:
Total loans=loans+Current payout=(15B+18.33B)=33.33B
Extra=33.33B-15B=18.33B(cash)
loans=100%=20B
If premium=20%=20B
Tenure loans=300%=60B
Payout=100%=100B
Payout Balance=100B-60B=40B(Future Income)
Current payout(cash now)=40B/300%
=13.33B++(can loans if Tenure loans=300%)
Total loans should apply:
Total loans=loans+Current payout=(20B+13.33B)=33.33B
Extra=33.33B-20B=13.33B(cash)
loans=100%=30B
If premium=30%=30B
Tenure loans=300%=90B
Payout=100%=100B
Payout Balance=100B-90B=10B(Future Income)
Current payout(cash now)=10B/300%
=3.33B++(can loans if Tenure loans=300%)
Total loans should apply:
Total loans=loans+Current payout=(30B+3.33B)=33.33B
Extra=33.33B-30B=3.33B(cash)
(1)}
Note:Theory or concept.Thank you.
because someday Nvidia will grow into its 40 times sales valuation?
So basically Cloudflare and Nvidia. Holding both. But long term I see Cloudflare that have such a high potential. Cloudflare is literally a must use if you'vw got website. Investors don't understand what's behind Cloudflare.
Don't take profits until I do.. it what it sounds like 🤣
Hey Craemer yeah I'm savings
Yes but short term it’s gonna drop, extremely overbought!
...surging to singularity
U can’t use a record quarter and act like it’s gonna happen every quarter.
Cnbc sqwak is good
Win , lose, or draw , I'm staying with Nvidia.
Cuenta winner use libing winner rase estate libing
I will forever be indebted to you, you've changed my whole life and i continue to preach your name to the whole world to hear you've saved me from a huge financial debt with just little investment, Thanks so much Mrs Julia David.
I'm surprised you know her too, I've been making a lot of profit investing with her for a few month now.
Wow, amazing to see others who trade with Mrs. Julia David, I'm currently on my 5th trade with her and my portfolio has grown tremendously.
I'm new at this, How can i reach her
She's on telegram with the user name below
juliadavid723
Puff puff puffing stocks for fun and profit.
Nvda 455 usd
Im shaving off the top. Never listen to these people.
Trim it... we saw the hype on metaverse and crypto from cnbc... they sent amd to 165 and down to 52... shame in cnbc and the hedgies.
Nvidia to the moon!!!
NVDA just became the best stock to trade.
Ytylermoda 2024 jopllibad
NVidia is going to lose to Broadcom LOL keep pumping crappy Nvidia at this overvalued valuation and PE while AVGO trades at half the marketcap and a much lower PE with a growing 4.60 dividend per share. What does nvidia do other than hype for AI?
nvidia = most overhyped crap of all time. reminds me of worldcom
A.I hype bubble praying on the weak investor going to pop!📉😂