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2023/06/02

The Lowdown on NVDA

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AN OXFORD CLUB PUBLICATION

Wealthy Retirement

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Crazy Phenomenon Is CRUSHING Retail Stocks

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If you own Target, Walmart, Best Buy, Rite Aid or any other retail stock, you need to watch this right away.

It's killing your stocks, and you need to make some changes.

Nvidia Is Hot... but the Price Is Scalding

Jody Chudley, Contributing Analyst, The Oxford Club

Jody Chudley

Ever since Nvidia (Nasdaq: NVDA) saw a meteoric stock price run, its market valuation has been closing in on a mind-boggling $1 trillion.

Its valuation has tripled in 2023 and is up tenfold from the start of 2019.

Chart: Nvidia's Market Cap
 

Currently, there are only five publicly traded companies with trillion-dollar valuations. Those are Apple (Nasdaq: AAPL), Microsoft (Nasdaq: MSFT), Saudi Aramco (Tadawul: 2222), Alphabet (Nasdaq: GOOGL) and Amazon (Nasdaq: AMZN).

That is quite a group that Nvidia is about to join.

The move that Nvidia's stock made on May 24 alone was staggering. I don't know that I've ever seen a company with a $750 billion market valuation go up 25% in a single trading session.

What drove that big jump in the stock price was Nvidia forecasting quarterly revenue at a level that was 50% higher than analyst estimates.

It seems that demand for Nvidia's artificial intelligence (AI) chips is currently nearly unlimited.

And that's certainly buoying the stock price...

But there's a little too much air in this balloon.

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Biden's Plan to Confiscate Your Cash?

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On March 9, 2022, President Biden quietly signed Executive Order 14067.

This Order could pave the way for Democrats holding onto power in 2024.

In fact, they could control America indefinitely.

A former advisor to the CIA and Pentagon believes this order could allow for legal government surveillance of all US citizens; total control over your bank accounts and purchases; and the ability to silence all dissenting voices for good.

To protect your freedom and your wealth, see his dark warning now.

The Real Reason Stocks Are Tanking Under Biden

Alex Green Says a $5 Stock Could Be One of His Biggest Winners of 2023...

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WARNING: China's Sinister Plot to Destroy America

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Top political and economic leaders are defying Biden and warning Americans of a sinister plot from China that could...

"[Cause a] deep and immediate recession" - U.S. Secretary of Commerce Gina Raimondo

"[Spark] an immediate Great Depression" - Citadel CEO Ken Griffin

"Effectively give [China] the trump card." - Jeremy Furchtgott, director of Baron Public Affairs

A top global finance leader recently revealed the #1 threat that Americans need to prepare for NOW.

Click here to see how to protect yourself from China's evil plot >>>

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