Fundamental Analysis of Nvidia (NVDA) (opens in new tab)

(fundamentalcharts.substack.com)

2 pointsa_simple_man1y ago7 comments

7 comments

It's not just Nvidia, it's the whole stock market --- fundamentals don't matter any more, it's more about what the next fool will pay.

It's the crypto phenomenon/mania.

a_simple_manOP1y ago

That's incorrect. NVDA's stock price is based on its reported earnings and expected growth of said earnings. Furthermore, those who bought in during the initial AI hype were actually proven right fundamentally, and have seen their ttm net income per share jump from below 1% to over 10% of the price they paid in just 2 years. To say the fundamentals don't matter is a severe misunderstanding of the equities market.

jqpabc1231y ago

Furthermore, those who bought in during the initial AI hype were actually proven right fundamentally

Those who bought in during the initial crypto hype were actually proven right fundamentally.

Those who bought in during the initial pyramid scam were actually proven right fundamentally.

The entire market is way overbought based on fundamentals at this point in time.

1 more reply

skibidistock1y ago

When next ticker. - my name.

j / k navigate · click thread line to collapse

7 comments

jqpabc1231y ago

It's not just Nvidia, it's the whole stock market --- fundamentals don't matter any more, it's more about what the next fool will pay.

It's the crypto phenomenon/mania.

a_simple_manOP1y ago

jqpabc1231y ago

Furthermore, those who bought in during the initial AI hype were actually proven right fundamentally

Those who bought in during the initial crypto hype were actually proven right fundamentally.

Those who bought in during the initial pyramid scam were actually proven right fundamentally.

The entire market is way overbought based on fundamentals at this point in time.

1 more reply

skibidistock1y ago

When next ticker. - my name.

j / k navigate · click thread line to collapse