January 27, 2025
Is NVIDIA a buy now?
Not no, but hell no. NVIDIA dropped almost 17% today, closing at $118.58 per share. Don't be fooled by this drop and do not see it as a "buy the dip" opportunity. NVIDIA is still up 1,906% in 5 years. NVIDIA still has a super AI-inflated and overpriced market capitalization of $2.9 trillion with a 47 p/e ratio. Our NVIDIA Recommendation: Sell. Stay away from NVIDIA. It's a bubble. Whether it is now due to DeepSeek (as we predicted on Sunday before Monday's sell off) or later, NVIDIA will keep falling. After the dust settles, NVIDIA will have a market cap of about $1.33 trillion with shares selling for about $55. That sounds like an impossible heresy today. Mark this prediction to hold us accountable.
Another company that is in high AI bubble territory and that is as overpriced as NVIDIA is Tesla. Tesla has lost 19% from its all time high, closing today at $397.15 (versus the intraday high of $488 on December 18, 2024). Tesla still has plenty to lose until its gets to a "fair" price of about $199 per share. Mark this prediction to hold us accountable.
Now you know it.
www.creatix.one
Comments
Post a Comment