Added Nvidia, 1 lot (my own packet size for foreign stock), less than SGD 1k.
They are chip makers, and their chips are especially good for processing AI.
AI will only keep going up.
Nvidia is like shovels during the gold rush. The gold is data.
Comparatively to other tech companies, it is also less expensive.
PE ratios of around 50-60+.
Sales performance for around first 3 mths of FY is up 48%.
Net income for around first 3 mths of FY is up 2 times.
So maybe PE ratio by end of FY will be half to around 20-30 if the above persists.
And more importantly, tech stocks keep going up.
I don't want to miss the train by buying a small portion.
I don't want to miss the train by buying a small portion.
If market falls, I will grab more stocks. But for now, just be conservative.
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