Folks, as you all know, Nvidia has been the greatest tech stock story of this decade. The humble manufacturer of GPUs is now one of the world’s largest tech companies and the stock has finally pulled back to a level that makes sense to buy as a long-term investment.
The stock has pulled back nearly 20% and currently trades just under $104. IMO, this offers an attractive entry point for growth-minded investors who are comfortable with the inherent risk in the so-called AI trade.
We are buying at these levels and holding for the long-term. There is risk in any investment but Nvidia is the leader of the AI revolution (on the GPU/hardware side) and we want to ride this wave until something materially changes.
Disclaimer - everything in this blog is my personal opinion and NOT financial advise, please do your own DD before investing.