You cannot ignore the development in AI and it is understandable that a lot of people do not catch up with the speed and magnitude of AI developmenents worldwide. This is a race last seen during the internet bubble. One company that powers the AI world with chips at a price of 40.000 US-$ is Nvidia. Its H100 chip is considered the best for generative AI models and this is why every big player in this market needs and wants them. Scale-up production was startet just weeks before Chat-GPT was launched. What a pitty that one of the most famous and bullish tech investors Cathy Wood has got a bad timing for their Nvidia position as she sold a vast amount of their Nvidia shares in Oktober and November 2022. According to Business Insider, she left ca. 200 Mio. US $ on the table. Luckly, other ETFs from her still own a portion of Nvidia shares.
Quant4you`s Stock Manager Pro
was not invested in Nvidia until 11. November 2022. This was the day, where the algorithmic model behind the Stock Manager Pro calculated a buy signal. We even had a Re-Buy signal in January 2023 to add more to the position.
Entry in the position was at a price of around 162,18 US$. The algorithm suggested a trading stop at 137,76 US$ and an investing stop at 112.27 US$. With regard to the trading stop, the present performance is 8 times the risk or ca. 140% since the start of the trade.
You can subscribe to the Stock Manager Pro “Premium Signals” in the Quant Terminal
