Is Nvidia Stock (NVDA) a Buy at $1,000?

Is Nvidia stock a buy at $950 per share before the earnings? I'll share my thoughts and highlight my previous predictions about Nvidia. I'll explain how we identified NVDA as a top performer, and will review wether the current price point is attractive.

I'll dive into the current market situation, the significance of AI in the new Industrial Revolution, and Nvidia's leadership in AI hardware and software. We'll explore Nvidia's development history, the boost from OpenAI, and the high demand for Nvidia's products. I'll address concerns about future competition and compare Nvidia to Cisco during the internet boom.

We'll look at Nvidia's potential as a long-term investment, its market share retention, and the business opportunities ahead. I'll also discuss the current market highs, the potential for pullbacks, and Nvidia's forward PE ratio. We'll examine revenue growth assumptions, the company's performance, and the risks involved in investing in Nvidia.

I'll explain the importance of smart investment strategies, such as dollar cost averaging (DCA), and how to adjust DCA based on stock performance.

0:00 - Intro
0:50 - 90% Stock Increase Year To Date
1:16 - AI Industry Leadership
2:20 - Market Monopoly
2:24 - Future Competition For NVDA
2:32 - Comparison to Cisco
3:16 - NVDA Is a Multi-headed Monster
3:54 - Market Concerns
5:08 - NVDA PE Ratio
5:29 - Stock Valuation
5:40 - Revenue Growth Assumptions
6:15 - NVDA's Growth Expectations
6:42 - NVDA's Dominance
8:02 - Market Direction In 2024
8:42 - Possible Volatility Short Term
9:02 - NVDA Risks
10:14 - How To Dollar Cost Average into NVDA

Nothing in this video constitutes tax, legal, financial and/or investment advice, nor does any information in this video constitute an invitation and/or solicitation to invest in a particular security. This video merely expresses the author’s opinion and should be viewed as such. Before proceeding with any investments, you should do your own research and seek advice from an independent licensed professional.

The author of this video does NOT accept liability for any investment decisions, as this video is provided only for educational and entertainment purposes. Although the author has endeavored for the information in this video to be correct and accurate, he does NOT assume liability nor does he guarantee that the data will be updated, correct and/or accurate at all times.

[shawyonsharifi]

Bought 200 shares at 250. Invested 50k, now have nearly 250k. 5x the money

[Chino_does]

Stock will still go up and I see it splitting soon 10-1

[FCF]

Thanks Tom for continuous insightful reports

[lisamaness]

It's a buy at $1000, which I just did going to have 500 shares after the split! Excited for the next run up and split again through the years!

[ericchang]

Tom, can you do a comparison or ranking of the 6 recommended stocks you did a video on? AMZN, MSFT, GOOG, NVDA, TSLA, PLTR? With comparison of the ramp over time to 5 or 10 years?

[GershonBenYitzhak]

It's all gonna be about guidance. They will probably beat or match earnings projections.

[sohum]

Will you make a video on constellation energy? There seems to be more requirement of clean energy due to ai and I'd like to hear your views on it.

[kkulkulkan]

Bought today before the earnings announcement. 10 for 1 split should help with retail momentum and concur overall fundamentals are solid with forward PE of 30-40.

[LilOak]

That sound clip at the of hitting the paper on the table 😏 0:00

[obiwan-hfvp]

@TomNashTV can you do a video on Apple before the wwdc? I am seeing SO MUCH conflicting information. I am a new sub and have loved your content. Thanks Tom!

[justsomeguy]

Would you buy Nvidia or chipotle based on stock splits??

[enislrv]

Yes, it is a buy before earnings. It is not PLTR.

[naveenprabhas]

Hi. What's your view on Super Micro devices ? This is being talked as proxy to Nvidia..

[indianarones]

Beat probably. But the massive revenues are coming from sales to 3 companies. Not much growth elsewhere. And those companies are starting to make their own chips. What happens to the stock price in the mid term when revenues may stop growing or even pull back a bit.

[geolykos]

Says now forward PE is 38. Did it really go up from 29 to 38 in 2 days?

[UjjwalBhunia-xxno]

Revux is making moves quietly. Keep an eye on it!

[ericchang]

Tom hits notebook at start…”He’s NASHing it!”

[dlxvboy]

Dont miss out on Vertiv Holdings VRT. Data centers needs AC/DC power, thermal management and digital critical software management.

[omkarsontakke-nopz]

Just shifted my focus to presales, especially Revux. Early investment is key!

[binaryvat]

I agree on everything you said, Tom. I think the risks are more on the forecast for NVDA growth and especially its dependency on TSM foundry. The geopolitical risks got pretty real when China announced earlier this year that they will retake Taiwan in the next 5 yrs. I really wonder what will be the new deal with TSM, or if NVDA has any plans to diversify its foundry... any thoughts?