posted by mark
on Wed, 02/21/2018 - 13:13
It will be interesting to see the earnings from NVIDIA on August 10.
While the stock has climbed fast and furious throughout the year, it remains to be seen if the "streak" can continue. There are some significant expectations built into the current pricing.
Lately, many stocks have fallen even after beating the Street's projections.
Should NVIDIA blow projections out, I think it might re-ignite the overall market. That said, it will be tough to keep up the pace NVIDIA has set in the last quarter.
All I can say is I am glad I took some off the table and own it from years back. My margin of safety is high. Is yours?!