Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (85965)	11/19/2020 10:52:56 AM
From: The Ox	Read Replies (1) \| Respond to of 95445

NVDA is doing great but the market has already priced in a lot of the earnings momentum into the current forward PE. If you look at NVDA's 18 month chart, it's up from around $135 in June of last year. So it's not too surprising that it may need some sideways or back filling. It was under $400 in July of this year. Seems the range between $500 and $600 has a significant part of the future priced in. Let's see if it starts to rise, as AMD took a small hit at earnings time then started to work it's way back up.