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Nvidia became the most valuable company in the world this week when its market capitalization exceeded $4 trillion. Since the April plunge, $NVDAstock is up more than 70%. I have $NVDA stock in my portfolio and consider it a great company, but I see more potential in $AMD right now .
How far do you think Nvidia can grow?
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I also bet on AMD. They already have better chips and are slowly overtaking Nvidia.
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Shares of $AMD have been rising solidly lately, and were up over 6% yesterday. The company's chips are getting better, already outperforming $NVDA in some respects , and major growth is yet to come. I've been buying below $100 myself and am curious to see where the price will go by the end of the year.
Do you think $AMD could grow to $200 this year?
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I was also buying around $100 a while ago and since then the stock has risen nicely and hopefully that rise will continue.
I mainly trust AMD. Both companies are great and I think the stock will get above $200 in a few weeks.