Just because Nvdia is on reddit, had a good run for the year, had a good earnings report reaction, has potential to correctdoesn't mean it is behaving like a meme stock. There are many good stocks that behave this way too. Nvidia has good growth potential. If u r in for the long term, any time is a good time to enter. If u r looking for a discount, monitor and wait for a correction.
Nvidia: After Chipmaker Beats Consensus, Stock Trades Like a Meme
Good read. But for long term investors, I believe they won't feel the impact of 10% correction. In fact, could be a good chance to add more position. In the past years, Q4 generally posts greater increases than other quarters. So let's see how the market does for Q4 2021.
Top Wall Street Strategist Sees a Fast 10% Q4 Correction Coming
Believe SEA has potential to grow as it has a few arms in different areas. It has strength to rebound historically and though it seems badly hit this time, trust that it will pull up strongly in the near future.
I would generally try not to follow Cathie Wood's moves cause looking at her 2021 trades, I feel she just got lucky in 2020. But I agree that Shopify is one that is good for long term investment.
Great fundamentals and stronghold. Good for long term investors. Share buyback could mean that company has additional cash on top of the R&D Road map but regardless, stock was undervalued so good news to boost the share value.
Facebook reported better-than-expected third-quarter earnings while revenue missed estimates
Lol. Y does it feel like somebody paid for this article. How in the world is Nvidia a meme stock. Even if it is truly overvalued, it is nowhere near how a meme stock behaves.
Nvidia Became A Meme Stock And Is Overvalued By At Least 50 Percent For The Coming Decade
The people still holding AMC are not holding looking at fundamentals, rather they are in it to support a movement. Unlikely there will be a sell off unless the stock surges to an unbelievably high level or if a short squeeze happens.
I have difficulty choosing between the 2 companies. Both are great companies with good growth potential. If you have enough, buy abit of both. Both will give u returns better than the market.
Market is abit crazy now so I would watch for abit. But generally, I have my eye on a few such as Etsy, Adobe, Nvidia. I wouldn't be able to catch the exact bottom but personally I feel that these are now at good enough price for me already.
Sea has always had a strong pull upwards in stock price trend. I wouldn't be too worries abt this dip. Good opportunity to buy in more if u have the extra $$.