Nvidia's growth story will continue, says Deepwater's Gene Munster

Gene Munster, Deepwater Asset Management, joins 'Fast Money' to talk Nvidia's 'halo effect' on the markets.

[@Couchlnvestor]

Dollar cost averaging for the win

[@Otis-the-III]

Well said

[@Couchlnvestor]

I grew up working class and investing has been an entire game changer for how I treat my money. It is fascinating to think that I only began looking for inefficiently priced small-cap companies to buy in 2022, and being consistent even during market downturns got me having almost a million dollars in my portfolio!

[@mEAngurrrrl]

There’s so much uncertainty if you ask me, I just inherited a boatload of cash but I’m curious as to the next wave of stocks to do well as regards growth over the next decade

[@OhhHellNoYouWont]

Good stuff buddy! I’m actually quite a bit like you when it comes to the risk thing. I don’t do any stocks, but i do plan on having my fair share of growth ETFs and Bitcoin in retirement.

[@BudgetBirdeye]

@@Couchlnvestor The million mark!!? You must be quite versed on the market. What’s your strategy? I am still trying to recover from the last few years dismal market 🤦🏼‍♂️

[@tonysilke]

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.

[@sattler96]

I bought into NVIDIA around September because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my green market return last year.

[@PatrickLloyd-]

That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see.

[@PhilipDunk]

One of my goals is to employ the service of one this year. Could you recommend who it is you work with?

[@PatrickLloyd-]

Amber Dawn Brummit is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@PhilipDunk]

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

[@HodgeChris]

I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.

[@PatrickFitzgerald-cx6io]

I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.

[@carssimplified2195]

Facing a similar situation, I sought advice from an invęstment advisęr. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $200k to over $800k in a few years.

[@Pamela.jess.245]

It appears that your investment advisor is highly skilled. Could you please let me know if you are still in contact with this advisor and, if so, how?

[@carssimplified2195]

She goes by ‘’Colleen Rose Mccaffery’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@Pamela.jess.245]

Thank you for sharing, I must say, Colleen’’ appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call

[@karenwilliams9653]

I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.

[@kendavies8351]

Microstrategy CEO bought $155million worth of bitcoin, so yes BUY!

[@zoebakker5211]

It’s going to be a wild year for these sectors, so you should def. invest in crypto. 60% of my portfolio is spread across tech stocks, crypto and Crypto/Gold ETFs.

[@TonyRiley-qb7sw]

well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.

[@richarddonald-gc9rb]

Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.

[@karenwilliams9653]

could you recommend some good advisers? don’t get me wrong, I already have an asset manager, but he seems not to know much about crypto.

[@bonner-qv3mi]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024.

[@Johnmark-iq4gg]

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

[@rapp-in1mz]

Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

[@bonner-qv3mi]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@rapp-in1mz]

Just research the name ""Angela Lynn Shilling."" You’d find necessary details to work with a correspondence to set up an appointment...!!..

[@bonner-qv3mi]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you..

[@frankchambers2114]

What a time to be a live!

[@Nvidia-Lover]

Welcome to the 2 minute papers

[@ryanwilliams989]

I agree that 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 last year.

[@BiancaSherly-qt6sb]

I bought NVIDIA around September because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my market return this year.

[@maryHenokNft]

In fact, I had no prior experience or understanding when I began investing in 2018, but by the end of 2019, I had made a profit of almost $750k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.

[@maggysterling33254]

@@maryHenokNftI actually subscribed for a few training courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

[@maryHenokNft]

Definitely! All of this happened in less than a year after *Gertrude Margaret Quinto* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.

[@StellaMaris-lv2uq]

My needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it.

[@slytherben]

Correct me if I'm wrong, but Jensen explained that H100's work WITH B100's. No one replaces an H100 - the new GPU's work in conjunction with the old - so that every GPU you buy increases your computing power.

[@ST-jm9ik]

interchangable.... pull out Hopper & plug in Blackwell. Jensen stated so in earnings call.

[@Nvidia-Lover]

Not only chip to chip but the whole stacks including network, cooling, library, software, etc.

[@harrymutube]

@@ST-jm9ik Who will pay for it? Do the companies get the new chips for discount or full price? Thanks

[@martinwegner9802]

@@harrymutubefull price

[@harrymutube]

@@martinwegner9802 Thank you

[@user-yq7rr9lh9c]

NVDA $2k by end of summer.

[@ChiefKene]

How if the splitting 10 to 1 by end of June lol

[@Jon-ky6st]

@@ChiefKene so 200 or 5 Trillion I guess in Market cap.

[@user-yq7rr9lh9c]

@@ChiefKene Doesn't matter, split no split, just divide it by 10 and do the differential math, I did valuation based on Market Cap, it's going No.1 place in front of MSFT.

[@WORLDCITIZEN2004]

You mean $5 trillion dollars company ..

[@user-yq7rr9lh9c]

@@WORLDCITIZEN2004 Yes.

[@kingrichards101]

I have 10k to invest in Nvida. How should I invest it. 1. Lump sums 2. DCA

[@dgaz3057]

SoundCloud interpreter AI sounds like a rocket ship waiting to liftoff.

[@jeffrose5622]

Data from Bank of America cited by TKer showed the average 12-month return for any stock after a split is 25.4%, more than double the average annual return for the overall market. In other words, companies are more likely to split their stock in good times than bad. Notable, given that Nvidia's stock split also came alongside a 150% increase in its dividend.

[@Dividendflywheel]

Give Gene Munster credit. 3 months ago he predicted Nvidia stock price would be more than $1000

[@myjourney1011]

A Game-Changing Black Swan Event. Thanks NVIDIA. I am so lucky to get it back I sold 1/3 after COVID 19 and got back just last year. Thanks

[@rr1ee163]

Nvidia is tech’s MVP.

[@grnbough]

Great comment by Tom wrt to labor arbitrage for tech innivation.

[@wlf9108]

The float is going to be too big after the split. The kinds of returns we’ve been seeing aren’t going to happen anymore.

[@keithjung1212]

If you have patience it will grow nicely over the next 5-7 years.

[@michaelbrown-nz4on]

Good, I hope you’re correct. This gives us time to load up on shares.

[@reggie2261]

Interesting when talking about tech companies on Nvidia hips Tesla is included, isn’t it just a car company? Huh Wall Street so called analysts?

[@jjfarm9562]

sold my NVDA position today

[@cejannuzi]

Go ENRON!

[@madhukiranvaddi4312]

Make 3T and then 4T and then 5T .. lol , just for 3 quarters revenue

[@Alpharizzchad]

Remember what happened to Qualcomm back in the day boom to bust

[@kamalthumbar3036]

I wouldn't hold any options overnight. Remember, volatility plays a HUGE role in options, especially with these trash companies.

[@MatthewMS.]

🖤💚📈🇺🇸

[@dennisboyd1712]

BUY NVIDIA STOCK Now

[@TribecaSam]

Nvidia $10 trillion value by 2030

[@NSWSES1990]

Ok

[@martinwegner9802]

So the 3 year bull market will burst? Great we are in year 2 beginning, meaning this will go on at least until 12/2025 grwat

[@KK-pm7ud]

He's just a cheerleader

[@Dividendflywheel]

He was right on Apple.3 months ago he predicted Nvidia would blow past $1000. The video is available on KZbin (interview with CNBC’s Carl Quintanilla )

[@dons3073]

Rich people buying garbage I’m not buying your anything haha