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Nvidia’s revenue and stock will double from current

Nvidia’s revenue and stock will double from current levels in the next several years, says Dan Niles

#Nvidias #revenue #stock #double #current

“CNBC Television”

Dan Niles, founder and portfolio manager at Niles Investment Management, joins ‘Closing Bell Overtime’ to discuss the market as the S&P 500 experiences its worst week since March 2023.

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28 Comments

  1. As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

  2. Even if the world is burning nvidia will keep going stronger and stronger, there’s really nothing in the world right now that can stop it, the race for AI is on and everyone needs nvidia products to stay in the race, reality is nvidia has already won.

  3. Nvidia or apple which is a better investment now? just got my lump sum inheritance and would love to put my money to work, so i can earn in dividends, i'm also looking at paying mortgage where rates are not so high.

  4. I've been an investor in Nvidia for the past six years now because I strongly believe in the company and in the stock, but now I've been thinking of redistributing my portfolio of about $560k and buy other stocks. and asset classes. Maybe buy Tesla? They are also doing great things in the AI space. Some digital currencies too. What do you think?

  5. AI is a bubble. A lot of smoke and mirrors, hopes and wishes there’s some scaling back on digital inside of corporations, layoffs, because the digital programming is not able to deliver on the expectation.

  6. 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.

  7. The ride is over on NVDA. So many hopeful's out there because they were addicted to the hype & growth. It happens with every leader. Will you see some gains? Sure, but the easy money is over. Lets see where this market is going forward with the FED being late, Election & read up on how bad the commercial real estate market in which about 8 major regional banks are in trouble.

  8. People have become disenchanted with AI with constant hyperbole and not much to show for it. Normally, a maturing technology takes some time to pay off but the chatGPT triggered mania has left many investors dizzy and jaded. Now most people look at AI as snake oil and companies like Nvidia as quicksand. Even doubling or tripling of revenues and profits is not going to do much and it will only make investors toss the stock in a hurry, sensing a trap.

  9. I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

  10. lol these are short sellers promoting BS
    NVIDIA closed at 1030 (103×10)
    Prudent investors know year over year it has tripled
    Same smart investors know these profits being reported
    Are from 2-3 years (ago) worth of orders. If you would have listened to their earnings call 1 year ago you would have know this was coming. If you are still holding NVIDIA stock you are about to lose a lot of money. I have been saying this for 2 months. Get out. Now! Cut your losses. That stock will hit 88 by December.

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