Here's why Nvidia's rapid rise is different than the dot-com bubble

Dominari Financial CEO Kyle Wool analyzes Nvidia and discusses whether the A.I. boom resembles the dot-com bubble on 'Varney & Co.' #foxbusiness #varney
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[@MickyGlover]

AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[@Vivienedouglass]

I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.

[@AmithKaury]

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

[@victoriaabott]

Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

[@AmithKaury]

MICHELE KATHERINE SINGH is who i work with and she is a hot topic even among financial elitist in . Just browse, you’d find her, thank me later.

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I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@Robertgriffinne]

I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.

[@PhilipMurray251]

Palantir, GameStop, ARM and Nvidia are all still good buys

[@Aziz__0]

Certain Ai companies are rumoured to be overvalued and might cause a market correction, i think it’s best you reach out to a proper fiduciary for guidance

[@sherryie2]

Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my portfolio has grown by 25% every quarter since Q3 2020

[@Robertgriffinne]

I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@sherryie2]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’AMBER KAY WRIGHT” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@RockRex-lx7lg]

Have you observed the movement in Nvidia's stock this year?

[@JimRex-sf8bt]

Indeed, it's been remarkable. I've heard Desiree Ruth Hoffman foresaw this at the outset of the year.

[@pengily_emi]

Is that so? What insights led Desiree Ruth Hoffman to make such a prediction?

[@SantosCliff]

Desiree Ruth Hoffman possesses a profound comprehension of market dynamics and technological trends. Her foresight is quite remarkable.

[@RockRex-lx7lg]

Impressive. I should certainly consider consulting Desiree Ruth Hoffman's predictions before making any investment moves.

[@juliusajoc5156]

Y'all just gtfo, stop scamming. Obviously we observed NVDA's stock movement. Fools.

[@user-fn1kg6tx9l]

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024

[@michealminij]

Wow that's huge, how do you make that much monthly?

[@SophiaStinks-us4yd]

I'm 37 and have been looking for ways to be successful, please how??

[@user-fn1kg6tx9l]

Sincerely speaking. I will continue to trade and stick to expert catherine daily signals and guides as long as it works well for me.

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Woah for real? I'm so excited. Adriana's catherine strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

[@FavourGift-en6en]

She is really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto investment

[@Sect10n31]

If you're worried that Nvidia will do an Intel & fall asleep at the wheel, one of CEO Jansen Huang's mottos is "Only the paranoid survive."

[@rudykazoodies]

Words to live by, definitely want to have a trailing stop loss in place.

[@marguritekostecki2194]

Can people outside of the US take advantage of this too? Can you buy Nvidia shares or other US market shares in general without living there?

[@planetsaver]

i think you can. dont know how though

[@dr.karidouglas1312]

Yes it's possible and there are a number of ways you can do this for any country's market but it's easier using an F.A in the county you want to invest into. They're usually not as expensive as we usually presume and know the markets better. I am in Australia and investing in the American market and it's been wonderful so far. Goodluck.

[@ANTHONY_esq]

Thanks. Please how can I get a good one there

[@dr.karidouglas1312]

You should start by looking out for those from known firms and good track records. You should also make sure the person is licensed. Personally, I use Kelly Matwick. She's good and you could also look her up.

[@GideonV12]

nah man...guess you are "stuck" with yours

[@StephanieMorit]

I kind of interpret many post on here as acknowledging that we're reaching a market peak, in general, which is a well-supported thesis, and so if you've been sitting back chill while the gains roll in because bull market, well, time for traders to stay sharp, many are expecting volatility, probably a sharp downturn, smart traders should check their risk management is in shape, time to pay attention. The timing of his post vs what I know about the market supports that well enough. But yeah, the post could mean anything.....managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@StephanieMorit]

She often interacts on Telegrams, using the user-name...

[@StephanieMorit]

@FrancineDuguay .

[@GabrielBurner]

Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!

[@kimmifier]

Francine Duguay program is widely available online..

[@S_Egeland]

Honestly a lot of crypto investors don"t understand the potentials and benefits of cryptos investment they think the only way to make profits is just by holding.

[@Sect10n31]

What gives Nvidia such a wide & deep moat is CUDA, the free software that powers their AI ecosystem, from software libraries to thousands of AI use cases. CUDA is the industry standard for AI development.

[@demarco777]

Well, you don't code in CUDA much when doing AI. You let the Frameworks do their thing. As such AI workloads are pretty portable.

[@Sect10n31]

Still holding NVDA since 1Q 2017. My base cost after the 4-1 and 10-1 F/S is about $3.60

[@mythbuster3567]

Your patience has paid off!

[@Sect10n31]

@@mythbuster3567No, I actually missed the 4x run up that NVDA had in 2016. This gap up in stock price was triggered by the frenzy of the Google AlphaGo AI beating the best Go players in the world, something that no one thought possible.

[@MatthewMS.]

Forward P/E is approximately 50 as of 6/19/24

[@darrenhere5856]

SMCI is not a competitor of NVDA

[@mastershredder2002]

It just goes to show how much these guys know. He knows as much as how well Charles Liang can speak English.

[@yuchien0402]

@@mastershredder2002 yep ! you're right about his poor english yet he has built a decent company lol them taiwanese know how to make chips for sure lmao

[@MrGriff305]

Who still says "Nah videa"???

[@JoelNJohnson]

People who just started paying attention to Nvidia last year

[@dekkard]

What people don't understand: the remaining 6 of the Mag 7 buy as many chips as possible from NVIDIA. These 6 are the biggest Companies on earth. And they have absolutely no plans to stop buying, since EACH ONE OF THEM wants to be first in the AI race. Who controls AI, controls the Universe... 🌌 Do the math. It's a no brainer... 🤔 You NEED to own NVIDIA - and right now everything below 180 is still cheap! If you thing that's exaggerated you will not believe your eyes when you see the price in 3 years...

[@Akawa93]

This is a monopoly just buy and sit💸

[@davidbrooks8809]

Or FTEC..SCHG and SPLG 😂

[@Sect10n31]

After Broadcom splits 10-1, they and NVDA will be added to the Dow Jones Industrial Index, replacing tech laggards Cisco & Intel. Investment vehicles that automatically track the Dow like ETFs & mutual funds will have no choice but to buy AVGO & NVDA to add to their holdings, while dumping CSCO & INTC at the same time.

[@hassann.mugisha6084]

This is different. No coming down , nothing will happen . I'm very optimistic. This time is different. This time is different. Nvidia will become the first 10T £ company , bigger than the Chinese markets , Germany and UK market caps combined . Exciting times ahead

[@paul3080]

I missed the Dot com boom, but this time I will not make the same mistake, ride this to the moon 🌙 🎉🎉😮😮

[@demarco777]

Saying that Supermicro is a competitor to NVidia is like saying that Coca Cola is a competitor to Nvidia. What's this guy smoking? Competitors to Nvidia would be Intel, AMD, Qualcomm and whoever is building chips..

[@user-co7kq3or7x]

4 years ago everyone was an expert in Tesla and EVs now AI…lol…

[@optionmillionairebstudios]

The next play is TSM. My price target is 300 in the next several months.

[@snapfinger1]

$90.00 a share wasn’t that long ago. phew.

[@satoncho]

Hard to believe that this company started out in video games.

[@jimdandy7323]

OEM restoration parts come from presses in Taiwan...

[@hallelujah3314]

not saying this stock will crash, but its needs a breather if its gonna go higher. its not healthy to rise this fast and a pe of 50 gives it little upside

[@aleydrus8067]

This time it’s different!

[@driesanalog4187]

So, what stock should we buy now !!

[@jimhutchison3435]

TSLA

[@dkphinsdaily1903]

The SP 500, same answer to this question every time for the last 20 years

[@happeningkorea]

Good Luck 😄😄

[@austinlam5480]

For buying and holding NVDA for coming years just as investors should look at its Value (Growth ) and not only the current market price. If coming quarters earnings keeps growing btw20-25%, the forward PE will also keeps staying at a reasonable level

[@davidbrooks8809]

Just go with my favorite ETF'$..FTEC..SCHG and SPLG 😊😊😊

[@BuffaloMotivated]

One thing I’ve learned is As soon as you see the NVIDIA comments go negative, buy!

[@suekuan1540]

Only a handful of ai engineers innthe world and most are at google, open ai etc. it will take a while before more professors come out from universities to teach the next generation of engineers and programmers for ai and again, primarily innthe usa and canada

[@RyanStronach]

This time is different 😂

[@jackwaterman-lw4co]

Keep buying Nvidia, stock and GPUs. They're an important future customer.

[@ethanyork9474]

I recently took a chance on NVIDA. Stuck 20,000$ at 139$ a share 2 days later NVIDA Droped as low as 126$. I have already took a 2,000$ lost. My plan was to hold for just a year possibly a year and a half. Then sell it but with that sudden drop its got me paranoid. Anybody got any recommendations do is it short lived or will it continue to drop.

[@jgmc1766]

Sold one this stocks last year. Biggest mistake of the year

[@danielvandermerwe7921]

Nvidia can only maybe double at most.. it’s already so big. When it pops, Wall Street will take all the money from average folks. Great company though.

[@slawawacker]

Nvidia: Profit: $45 billion Market cap: $3,000 billion Would anyone buy a mom-and-pop store for $3 million when it makes a profit of $45,000 a year?

[@sex3pointzero]

Sorry but to not even mention ARM there is just dumb - UK company up more than 10 percent in the last 2 days alone.

[@mateoerlic9389]

If AI is so great, then why can't it get rid of all these Bot financial advisor scam comments. This is a big indicator that AI is overhyped and that we are in a bubble.

[@FoundingFathersUSA]

Fining … business model 😂

[@AnthonyLopez-di5vv]

Congratulations on your what now? 🧐

[@jaysaid9344]

Kla, asml is good European 🇪🇺 one ☝️

[@christopherrichardwadedett4100]

21st century world crisis means AI + US military industrial complex = $$$

[@Matthew.M.S.]

🖤💚📈🇺🇸

[@GregRyanFitness]

Cisco 2.0