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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (486)	11/25/2021 2:26:01 AM
From: chowder	1 Recommendation Recommended By Cogito Ergo Sum Read Replies (1) \| Respond to of 21999

The Young Folk Portfolio is a Growth & Income based portfolio and NVDA was selected for its growth potential. The yield is too low for me to worry about being an income based asset. I am buying NVDA now due to strong earnings and revenue growth along with potential high capital gain growth. This is why I am overweighting the position in NVDA. Of the 29 analysts that follow NVDA, all 29 have have revised their earnings growth rate higher and I would think that indicates share price will be headed higher as well, so now is the time to build the position up in size in my opinion.