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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

09/14/18 at 1:44 PM CDT

 

 

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Sentiment:

Neutral

OT - NVDA

OT - NVDA - Needam raised its PT for the stock. But more importantly, sang its praises, citing that it's AI competitive capabilities would open new markets, such as the cloud, or datacenters, where it has tremendous room to grow, and compared it to the only 'Wintel' dominance. I'd like to believe that, as it's gained 40% this year, and I have a middling substantial stake already, and am thinking of getting out of the ETF Robo, which has lost me money, and re-plowing it into NVDA and ISRG, both of which have gone gangbusters, but I think can continue to grow. But in order to commit to that belief, I may need to be, not on 'Chrome', like Jester, but probably on Crack. It wasn't long ago that some big analyst was comparing Intel to Microsoft (MSFT has more than tripled in a relatively short period of time), and saying its growth could be explosive, given the new areas it was entering. Lately, it seem to have lost 15-20% of its value, while analysts are now gaga over AMD.

Interesting to me that NVDA has bumped up prices on it's new 2080 series. A 2080 list price is, I think, about $799. The 2080 ti MSRP is $999, and by the time you get different mfg's 'flavors', that price jumps to $1150 or more. Still, I want a ti. Maybe Black Friday.

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