I hope they get a new CEO soon
James E
Posts (841)
CNBC just clarified back when musk thought he had better chips you can’t believe this guy
Waymo is years ahead of musk
People drink the cool aid a car company at 189 P/E and musk who lies he said we would have self driving cars back in 2016 by 2020 you can’t believe him anymore they need a new CEO
To many other Ev’s on the market they lost there market share he said in 2016 by 2020 we would have self driving vehicles now he try’s to say we all will have robots he is grasping for straws we might have all this but it’s years in the making
Musk in 2016 said he would have self driving cars why believe him now stock is junk
? I believe this stock moves nothing but higher Saudi has endless money for data centers .Its amazing what they build and invest in over in the Middle East don’t forget India also 2029 I think we will be looking at 450 to 500 price target 150 resistance then 200 this year then 300 then 420 then 550 forward P/ E is the key factor and with a 70% margin and demand it’s a no brainer
AI has government funding behind it but retail will suffer being that NVDA is part of the S&P it will try to hold the price down but sales profit margin and future sales will drive the chip maker higher there is too much demand and also markets being opened to NVDA Forward P/E will drop with 500 billion being spent by Saudi this stock will soar
Forward P/E will drop and prices will rise because of future sales going up and a 70%+ margin how can it not climb higher numbers are going to be there for the stock to climb past 150
With Saudi and Taiwan buying up chips the forward outlook should jump and drive the stock past 150
