Stock to watch: $NVDA

Global Markets Stocks and Indexes
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johnson
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The computer graphics giant NVIDIA (NASDAQ: NVDA) shares climb to near the all-time high on Monday after the company lifts the Q1 revenue forecast.

NVIDIA also introduced the first CPU for data centres. Which will deliver 10 times the performance of today’s fastest servers.

NVDA stock closed 5.62% higher on Monday.

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I’ve traded NVDA for a while now and finally cashed out on around 250 contracts all in the green. I think at this point that the stock is over inflated like all US stocks right now. PE ratios are not realistic and to be safe with your money, its not really a good idea to buy high in this economical environment in my opinion.

Indexes offer a more stable trading environment at the moment, stocks are up and down.