https://www.forbes.com/sites/greatspeculations/2024/12/06/sell-nvidia-buy-intel-stock/
9 replies (most recent on top)
"Dump idea from dump people have no clue about technology."
Classic! And because you understand technology, you are not a dump person. Makes perfect sense
Either OP or Forbes are liars. One and only one dump Wall Street analyst recommend to buy INTC. Other Wall Street analysts recommend to sell or hold until you go broken.
I've been using a leveraged NVDA short holding along with SOXS to hedge my INTC trade.
I consider all of this (and my MSTR short ETF) to be a short term trade and a hedge.
But..when this market cracks it will leave many stranded, and it looks ready to crack very soon. Maybe Monday, maybe in the second week of Jan (after some even more ridiculous spike).
The best description I've read of this market is 'Crazy Town'.
I like NVDA a lot but consider any P/S over 10 to be excessive for something to hold. NVDA P/S is 31 at the moment and recently got near 35. And there are many other growth stocks like that right now.
I thought the article made some good points, but what do I know - I'm an INTC bag holder.
Just the title of that article says "read me read me, I AM CLICK BAIT!"
Most investors know that there are several metrics to consider when deciding whether to sell or buy a stock.
No thanks
A bit of a stretch until there are fundamental changes at the top, including rip and replace the existing Board members
The strong gets stronger and the weak gets weaker.
This is certainly an interesting take.