NVDA

[Roadmap2Retire]

NVIDIA is a company that has been grabbing my attention lately. The company is focusing on rapidly growing aspects of the tech world - graphics/gaming (their bread-and-butter), virtual reality (both hw and sw), deep learning, and auto sector.

Here's a great overview from Market Realist detailing all major aspects that the company is focusing on.

http://marketrealist.com/2016/04/nvidia-...re-trends/

The company is currently hovering around all-time highs, so might want to wait for a correction. There are plenty of risks/challenges too. Be sure to read the Part 10 in the link posted.

[DividendGarden]

NVDA has come up on some of my screens in the past, but I've never looked into it. I appreciate you bringing it up. I do like NVDA's growth rates (very high) and the fact that they are sitting on almost $10/share of cash, over a quarter of their market cap.

[crimsonghost747]

The company is interesting but high P/E and close to all time highs... I'm not too interested in buying at the current price. If it falls to more acceptable levels then I'll take a closer look.

[EricL]

(04-14-2016, 11:12 AM)crimsonghost747 Wrote: The company is interesting but high P/E and close to all time highs... I'm not too interested in buying at the current price. If it falls to more acceptable levels then I'll take a closer look.

I agree, it seems to be trading at a pretty rich valuation for a semi company. The BB+ credit rating and somewhat cyclical earnings history would give me some pause as well, especially when going back to its rich PE multiple.

[Roadmap2Retire]

Yes. I concur. Its not trading cheaply -- the valuation is quite steep.

I am trying to decided if I want to initiate a position in the company if the valuation is right. Put it on a "Pick up during next recession" list perhaps. They are targeting the right aspects and all the hot sectors in the tech world.

[EricL]

(04-14-2016, 03:01 PM)Roadmap2Retire Wrote: Yes. I concur. Its not trading cheaply -- the valuation is quite steep.

I am trying to decided if I want to initiate a position in the company if the valuation is right. Put it on a "Pick up during next recession" list perhaps. They are targeting the right aspects and all the hot sectors in the tech world.

Understand, I like doing that as well, always nice having different watch lists to choose from.

AVGO, NXPI and SWKS are a couple others in that sector. Long NXPI here.

[Rasec]

I hope some of you picked a bit of nvda at some point since April. It's up like crazy today.

[rayray]

So much has been going on lately, I just noticed NVDA has gone through the roof!