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So if you are bought in on AI demand over the next ~3 years, what companies are you buying stock in?
So if you are bought in on AI demand over the next ~3 years, what companies are you buying stock in?
Meta, Google, Palantir, Microsoft
I'll repost. Imagine shorting Nvidia in July 2023 last year at $500 because it seemed overvalued or overextended. Now at $700 like nothing. It goes to show how markets are more rational than assumed , in terms of correctly pricing in future earnings. It's not irrational exuberance, but rational. yes, a 200% rally was rational in terms of pricing in huge earnings, not a bubble. The huge rally this year was in anticipa…
Let's discuss this again in 3 years. Nvidia is still very expensive and has 5 years of nothing revenue and earnings growth baked in.
I'll repost. Imagine shorting Nvidia in July 2023 last year at $500 because it seemed overvalued or overextended. Now at $700 like nothing. It goes to show how markets are more rational than assumed , in terms of correctly pricing in future earnings. It's not irrational exuberance, but rational. yes, a 200% rally was rational in terms of pricing in huge earnings, not a bubble. The huge rally this year was in anticipa…
Let's discuss this again in 3 years. Nvidia is still very expensive and has 5 years of nothing revenue and earnings growth baked in.
Earlier quoted context omitted.
Meta, Google, Palantir, Microsoft
Palantir's PE is 253. https://finance.yahoo.com/quote/PLTR?.tsrc=fin-srch
The gov business is growing slower, but the wins come in waves and those contacts are incredibly sticky
I'll repost. Imagine shorting Nvidia in July 2023 last year at $500 because it seemed overvalued or overextended. Now at $700 like nothing. It goes to show how markets are more rational than assumed , in terms of correctly pricing in future earnings. It's not irrational exuberance, but rational. yes, a 200% rally was rational in terms of pricing in huge earnings, not a bubble. The huge rally this year was in anticipa…
Earlier quoted context omitted.
Palantir's PE is 253. https://finance.yahoo.com/quote/PLTR?.tsrc=fin-srch
That’s admittedly high, but their growth is also very high (the commercial business grew 36% last year and they expect 40% this year) which makes the stock attractive. The gov business is growing slower, but the wins come in waves and those contacts are incredibly sticky
Earlier quoted context omitted.
That’s admittedly high, but their growth is also very high (the commercial business grew 36% last year and they expect 40% this year) which makes the stock attractive. The gov business is growing slower, but the wins come in waves and those contacts are incredibly sticky
They sold the world on being a big data company, when the market soured on that, they sold the world on being an AI company. I, for one look forward to what the future brings.