GL
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NVDA is getting to some interesting levels on a P/E ratio..And PEG ratio. You could argue that it is the cheapest of the MAG 7 stocks now on both metrics...
I bought some NVDA last year that averages about $104/share, so no reason to rush in. But, that being said, if it drops some from here, I may buy a small incremental amount. The markets have been acting quite rational in recent weeks when it comes to tech stocks, which is a welcome surprise, but can also reveal some potential discounts on some stocks, including NVDA and a mess of software stocks which I also own.
This is what makes a market. How much will AI disrupt/destroy some stocks in the years ahead... We shall see. Your best bet is to spread your risk around a lot of different stocks... And this is what makes the S&P 500 such a brilliant ETF/Fund. This should represent everyone's core fund that is centered on growth. Your stock selection/bets should exist on the periphery, only, IMO.
NVDA is getting to some interesting levels on a P/E ratio..And PEG ratio. You could argue that it is the cheapest of the MAG 7 stocks now on both metrics...
I bought some NVDA last year that averages about $104/share, so no reason to rush in. But, that being said, if it drops some from here, I may buy a small incremental amount. The markets have been acting quite rational in recent weeks when it comes to tech stocks, which is a welcome surprise, but can also reveal some potential discounts on some stocks, including NVDA and a mess of software stocks which I also own.
This is what makes a market. How much will AI disrupt/destroy some stocks in the years ahead... We shall see. Your best bet is to spread your risk around a lot of different stocks... And this is what makes the S&P 500 such a brilliant ETF/Fund. This should represent everyone's core fund that is centered on growth. Your stock selection/bets should exist on the periphery, only, IMO.
@soccergal
I personally own the VOO from Vanguard.. you can't beat the low expense ratios and tax efficiency ( i.e. low portfolio turnover) of index funds in general. I think Fidelity is probably pretty competitive, too, with their ETF offering..
@soccergal
I personally own the VOO from Vanguard.. you can't beat the low expense ratios and tax efficiency ( i.e. low portfolio turnover) of index funds in general. I think Fidelity is probably pretty competitive, too, with their ETF offering..
