Expect Nvidia to deliver more cash to shareholders, says Melius' Ben Reitzes

Ben Reitzes, Melius Research, joins 'Fast Money' to talk recent Nvidia price action, Nvidia;s shareholder meeting, adn why he is raising his price target.

[ericbergman]

Everyone has eyes on Nvidia and Tesla right now it’s unreal!!!! You just have to keep an eye on these stocks.

[FolarinSodiq]

I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.

[bobbymainz]

The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 100% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[donovantobs]

AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[LetsSaveTogetherPod]

$150-$200 by the end of the year EASY!

[DonatellaVersace]

I believe investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market. 35% of my $270, 000 portfolio consists of collapsing stocks that were previously respected, and I don't know where to go from here.

[FrankPatrick-nozo]

I recently sold some of my Nvidia stocks to secure profits, but I'm retaining a portion for the long term, its growth potential is robust. I'm also considering diversifying my $400K stock portfolio, but I'm uncertain about managing risks in my next move.

[benjaminsmith]

I currently have a $280k stock portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and QQQ overlap too much to make sense holding both?

[bcarify]

If you don’t invest in Nvidia now, you’re foolish. I setup accounts for my kids 4 years ago with Nvidia. They will be millionaire by the time they are teenagers.

[Sonder]

All in, crazy how a single stock controls the market. 30% of gains in the S&P is just Nvidia this year.

[nikguitarocphone]

guys, just keep it, its normal that in summer some retail take profit for the holidays, but NVDA will rule any companies of the world🎉🎉🎉

[Aarrenrhonda]

I keep telling both friends and family; Now is the perfect time to own a Tech Stock, With everything going on and seeing how the world is been run by AI and all Tech is here to stay and you don’t want to miss it

[Sameer-pxvz]

The buyback point and regulations of UsA gov keeping them from creating a monopoly, not enough r&d to go around etc… makes a ton of sense. Amazing content

[stevensmiddlemass]

I already own shares of NVDA, PALANTIR, TSLA, and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200, 000 or less..

[unclejuniorsoprano]

My price target is $200 by year's end. I base that target on Hopper, Blackwell, Rubin, CUDA, & NIMS. I have over 3, 000 shares of NVDA, & I am planning on buying another 1, 000. My annual income is less than $40k., yet I live in a house that's valued close to $1m. I've always gotten a thrill out of risk-taking, but the risks I take are always calculated risks. I view betting on NVDA is like the time I put all my money on 1 horse in the Triple Crown; Secretariat. Nvidia would be that horse if it were an equine instead of an Ai company.

[TungTran-pptx]

If individual investors stay the course with nvidia and the company keeps growing at the same rate, I foresee millionaires in the making in 5 years.

[RaymondcrawRaymondCrawley]

Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[amatuer]

" A cash gusher " ! Love to hear that ! Special dividend coming and stock buy backs as well.

[Thrunabulax]

it is an interesting premise: NVDA makes so much cash that they simply will not be able to spend it in the future. He is thinking they will be buying back stock with it.

[PeterHumar-wtqs]

_❤Success is not built on success. It's built on failure, It's built on fraustration. it's built on fear that you have to overcome. I pray that anyone who reads this will be successful in life_