You may have noticed that when Nvidia (NDVA) announced its recent earnings, its stock rose 16% while Global Gambits recommendation Super Micro Computer (SMCI) went up 32%. This is consistent with my view that Super Micro is a leveraged bet on artificial intelligence (AI), and I expect this will also be the case when Nvidia stock price moves the other way. Nvidia is now priced at an incredible 32 times trailing annual sales and has a larger market cap than Germany's entire blue-chip DAX index. Super Micro has already tripled in 2024 so consider taking partial profits. Remember, J.P. Morgan allegedly stated that he made his greatest profits by selling too soon.
Better Than Nvidia
Better Than Nvidia
Better Than Nvidia
You may have noticed that when Nvidia (NDVA) announced its recent earnings, its stock rose 16% while Global Gambits recommendation Super Micro Computer (SMCI) went up 32%. This is consistent with my view that Super Micro is a leveraged bet on artificial intelligence (AI), and I expect this will also be the case when Nvidia stock price moves the other way. Nvidia is now priced at an incredible 32 times trailing annual sales and has a larger market cap than Germany's entire blue-chip DAX index. Super Micro has already tripled in 2024 so consider taking partial profits. Remember, J.P. Morgan allegedly stated that he made his greatest profits by selling too soon.