No. of Recommendations: 8
As Aswath D. has recently said, NVDA is priced for near perfection FWIW, I just did a little post on that subject, a possible way to guess whether the current price is a reasonable one.
mungofitch replies on OT: NVDAMy tentative conclusion is that the current valuation doesn't actually look too bad. Their growth can slow gradually to a crawl and you'd still do fine, as long as profits don't actually go into decline. So it's primarily a matter of whether you believe profits will fall materially.
My biggest concern is that their profit margins are sufficiently obscene that their very very rich clients have a huge motivation to roll their own. That would take a lot of time and money, but doesn't seem impossible.
Jim
