Nvidia: The Paper Gains Need To Be Converted To Cash

  • Nvidia stock has been rising due to the retail investor excitement about the stock split.
  • At the same time, the sales growth is expected to slow, while the valuation multiples point to the bubble.
  • Further, the macro environment is deteriorating, with recession risks rising, which should negatively affect a cyclical company like Nvidia.

NVDA is not a long-term buy and hold

Investors who bought Nvidia (NASDAQ:NVDA) stock last year or even recently this year have significant paper gains, as NVDA is up 174% YTD, and an astonishing 3547% over the last 5 years. Nvidia is