facebookWhat do you think of the NVIDIA stock for the long term investors to add to their portfolio? - Seedly

Anonymous

28 Apr 2020

General Investing

What do you think of the NVIDIA stock for the long term investors to add to their portfolio?

Is this viable? Would you go for another stock?

Discussion (1)

What are your thoughts?

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Chris Susanto

28 Apr 2020

Founder at Re-ThinkWealth.com

NVDIA is an american company that designs graphics processing units for gaming and professional market.

It could ride on the long-term tailwind of e-sports.

But as of 28 April 2020, their pe ratio TTM is roughly 65 times. So you have to do your own valuation of the stock, and whether it still makes sense or not, valuation wise. Provided that you think the company is something within your circle of competence and you think it has a good future.

So I think at the outset NVDIA might be a good stock for the long run due to their business exposure to the long term tailwind of e-sports, digitalization etc, but you need to see for yourself if it is true or not by seeing if you understand the business.

Also, you need to learn how to value it too, because in my opinion, buying a good business at a crazy price often will turn out to still be a bad investment.

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