NVDA → $130.00 by Nov 30, 2024.

This isn’t bear porn and I’m going to get flamed for this one, but I think NVDA has a red week coming. Earnings were very good, beating on both EPS and rev, but guidance came in conservative. Gross margins were also down slightly to 74.6% from 75.1% in the previous quarter(still insane numbers). The issue with this slight deceleration is that the stock is priced for exponential growth like we’ve been seeing for a couple years now. That ridiculous growth …